3 Stocks That Could Bounce Back in the Second Half of 2024
Fri, Jun 28, 2024 8:51 PM

3 Stocks That Could Bounce Back in the Second Half of 2024

A Flip by Riya Sharma
Get it on Google Play
UiPath, Chegg, and Roku have declined 49%, 74%, and 36% respectively in 2024. Despite this, they may still deliver meaningful gains in the second half of 2024. UiPath's revenue is expected to grow 12% next year, and it has a cash-rich balance sheet with an enterprise value of $5.4 billion. Chegg's new CEO is working to embrace AI, and it's trading at a low multiple of less.

More great flips

Promoter Buys Rs 141 Shares at Rs 10: Inox Wind Ltd Company Issues 50 Crore

Promoter Buys Rs 141 Shares at Rs 10: Inox Wind Ltd Company Issues 50 Crore

Inox Wind Ltd (IWL) has a robust order book of 2.7 GW, ensuring revenue visibility of over Rs 18,000 crore over the medium term. This healthy revenue outlook is supported by the upcoming commercial production of 3.3-MW turbines in the second half, positioning the company for strong financial growth.

Open Flip
Biggest blockbuster: Brands pour love for team India, some add more to menu

Biggest blockbuster: Brands pour love for team India, some add more to menu

Here is the summarized text: Brands capitalized on India's T20 World Cup win by launching themed products and congratulatory messages, seizing the moment to connect with the nation's pride and joy. The win led to a 40% jump in consumer spending around the final match, with highest daily spends between 8 pm-11 pm, and a 35% rise in orders under Rs 100 via quick commerce platforms like Simpl, Zepto.

Open Flip
Check Out Anand Mahindra's Salary As Tech Mahindra's Chairman

Check Out Anand Mahindra's Salary As Tech Mahindra's Chairman

Anand Mahindra, chairman of Tech Mahindra, received a 1.5% salary increase to ₹1.41 crore for the year ended March 2024, 21 times the company's median salary of ₹6.63 lakh. He owns 1.88 lakh shares of the company. In contrast, outgoing CEO CP Gurnani earned ₹92 crore in his last year, while CEO Anish Shah's salary was ₹24.22 crore in FY24.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon