DSIJ Mindshare

Following stocks are close to their 52-week low as at 12.51 p.m. on April 17, 2018.

The markets on April 17, 2018 opened gap down. BSE Sensex is trading at 34,260.62, down by 44.81 points and the Nifty is trading at 10,508.35, down by 20 points. 

These recent order wins which is likely to be executed over next 15 months provides strong revenue growth for the company in the coming fiscal. Also, the company is involved in consumer products (fans, luminaires, lighting and appliances) business which would further lighten the growth of Bajaj Electricals.

Many investors use liquid funds as an option to park excess money for a short duration and to gain a decent yield. 

American retail major Walmart is in talks to acquire majority stakes in Indian e-commerce giant Flipkart. The proposed deal values Flipkart at US$18 billion to $20 billion. If the deal gets through it will heat up the competition in the Indian retail industry.