DSIJ Mindshare

In terms of full year, the revenue for FY18 surged 49 per cent YoY to Rs 268.8 crore. Its EBITDA for the year rose to Rs 102.1 crore, up by 73 per cent YoY.

Dwarikesh reported net loss of Rs. 9.2 crore in the quarter as against Rs. 45.97 crore profit in the corresponding quarter of last year.

The board of directors have recommended a dividend of Rs.7 per share on equity share of Rs.10 each subject to the approval of shareholders.

The fastest growing Indian mutual fund industry offers various investment avenues to the investors. Multi-cap funds are one of them and stands as an unique offering. Multi-cap funds are diversified equity funds which invest across different market capitalization in varying proportion to meet the investment objectives.

Nifty Energy index which closed 1.6 per cent up contributed to the upsurge in the major indices. It formed an Inverse Head & Shoulders pattern and recently gave a bounce back after a pullback of 4 consecutive sessions up to the neckline level. We may see the index giving some more upside in the near term.