Long-term investors need not stop SIPs just because markets fall, as lower NAVs allow them to accumulate more units and potentially benefit from a recovery. However, increasing SIP contributions should depend on available savings, financial goals, asset allocation and the ability to withstand further market declines or prolonged weak returns.
Shares of Praj Industries surged 6.50% to Rs 342.45 in Friday’s trading session after the company reported strong performance for the June quarter, with consolidated net profit more than doubling year-on-year. The company’s Q1FY27 net profit jumped 117% to Rs 12 crore, compared with Rs 5 crore in the corresponding quarter last year. Revenue from…
Indian funds have grabbed seven out of the top 10 spots in the league table of leading small-cap funds across Asia, thanks to some canny stock-picking amid growing investor appetite for cheap stocks with potential to deliver multi-bagger returns. An analysis of nearly 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the…
The growing popularity of pre-IPO investing and the lure of quick returns have drawn a wave of retail investors to unlisted shares. At the same time, several online platforms have emerged claiming to offer “easy access” to these investment opportunities. However, the Securities and Exchange Board of India (SEBI) has repeatedly warned investors against buying…
Banks across several states in India will remain closed today, August 26, to observe Eid-e-Milad-un-Nabi. Eid-e-Milad-un-Nabi, or Mawlid, marks the birth anniversary of Prophet Muhammad and is observed by Muslims worldwide. This year, the celebrations began on Tuesday, August 25, and continue through Wednesday night, August 26. The occasion is observed as a time to…
Shares of food delivery giant Eternal rose 3% to Rs 291 on the BSE on Thursday after it reported a consolidated profit of Rs 87 crore for the first quarter of FY27, marking an 11% decline from Rs 98 crore posted in the same period last year. The net profit is attributable to the owners…
PayPal shares rose about 15% in premarket trading after Reuters reported that payments company Stripe and private equity firm Advent International have made a joint offer to buy the company for more than $53 billion. The offer values PayPal at $60.50 per share, according to the Reuters report, which cited two people familiar with the…