Leading private sector lender Kotak Mahindra Bank on Saturday (May 4) reported a 18.2% year-on-year (YoY) rise in its March quarter standalone net profit at ₹4,133.3 crore, compared to ₹3,495.6 crore in the same quarter a year ago. The profit figure was higher than CNBC-TV18's poll of ₹3,376.9 crore. The lender's net interest income (NII) jumped 13.2% YoY to ₹6,909.4 crore during the quarter,
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Many investors dream of betting on a low-priced penny stock that can deliver multibagger returns when its fortune improves. With a current share price of just $0.64, Nikola (NASDAQ: NKLA) seems to have that potential. But sometimes cheap stocks are cheap for a reason. Let's discuss what the next five years could have in store for this embattled electric automaker.
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Investors often categorize companies into different buckets, like growth stocks versus dividend stocks, or large-cap companies versus small-cap companies. And while there are major differences between companies that don't pay dividends and those that do, there's an equally stark contrast between companies with complete capital return programs and those that mainly focus on dividends.
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