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Advice for investors: Looking to make a quick buck from new listings is not a bad idea, but all public issues do not qualify for this strategy. This strategy works when market momentum is very strong and the general narrative around the company is also positive
India Business News: Tata Group stocks in 2023: The Tata Group, led by N Chandrasekaran, has witnessed a significant increase in market capitalization, making investors we
N Chandrasekaran-led Tata Group continued to make investors richer on Dalal Street in 2023 as the combined market capitalisation of 27 Tata stocks rose by about Rs 613,000 crore in the calendar year when the storied conglomerate delivered at least three multibaggers with returns going as high as 218%.
It's the largest manufacturer of gathiya in India, but is the company too reliant on one brand and one state?
Devang Mehta says: “I have never seen this type of manufacturing revolution. My sense is, for a lot of these ancillary power companies, earnings are still to come. A lot of these companies have rerated on the price to earnings (PE) basis. Otherwise, you will find a lot of companies at 40, 50, 60, 80 PE.”