DSIJ Mindshare

54 per cent returns from its 52-week low: Low PE gems & jewellery stock gains over 5 per cent today; Complete details inside!

The shares of the company have a PE of 14x whereas the industry PE is 28x with an ROE of 17 per cent and an ROCE of 16 per cent.

Kiran Shroff 0 615 Article rating: 2.7

The company’s majority of the stake is owned by the promoters of the company i.e., 74.28 per cent while FIIs own 7.96 per cent, DIIs own 1.23 per cent and the public owns 16.54 per cent stake in the company as of June 2024. 

Budget 2024: Finance Minister announces to set up 800 MW Advanced Ultra Super Critical thermal power plants; These stocks will be in focus!

The government's focus on energy security encompasses a diverse range of strategies, from promoting renewables to developing advanced nuclear technologies.

Praveenkumar Yadav 0 3067 Article rating: 3.5

The government's focus on energy security encompasses a diverse range of strategies, from promoting renewables to developing advanced nuclear technologies.

Budget 2024: Banking stocks decline post announcement of the Union Budget 2024!

The 2024 budget has introduced several key initiatives aimed at bolstering the banking sector in India, particularly focusing on expanding banking services and enhancing credit accessibility for MSMEs.

Siddharth Mane 0 732 Article rating: 4.6

However, except for Kotak Bank and Federal Bank, all banking stocks plunged into the red on July 23, following the 2024 Budget's lack of major sector reforms. Shares of Axis Bank, ICICI Bank, HDFC Bank, SBI, Bank of Baroda, and IndusInd Bank fell by up to 1 per cent.

FM Sitharaman's Budget 2024 boosts consumer durables sector

Finance Minister Nirmala Sitharaman allocated a significant amount of capital for rural development, Agriculture and allied sectors which has potential to boost rural and urban consumption.

Manoj Reddy Sama 0 382 Article rating: 4.0

The Government of India’s focus on higher allocations for rural development, agriculture, and allied services, along with schemes for employment and skilling of youth, is expected to boost both rural and urban consumption for consumer products.

 

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