Tue, Sep 10, 2024 11:28 AM
IPO-bound Ather Energy's cost of imports from China went up to 28% in FY24
A Flip by Shubhangi Gupta
Retail tractor sales surged by 14.69 percent in September 2024, thanks to a strong monsoon, improved crop harvests, and a revival in the rural economy, according to data from the Federation of Automobile Dealers Associations (FADA). A total of 62,542 tractors were sold in September, compared to 54,529 units in the same month last year.
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DSP Mutual fund points out that the number of investors in small-cap funds has surpassed the number in large-cap funds. What Happened: DSP Mutual fund in its Netra report said that the number of investor accounts has grown significantly since Covid. "Loose fiscal policies, liquidity inflows and historically low interest rates fueled the credit binge in 2020 to 2022", the report said.
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Ace investor Ashish Kacholia has bought a 2.52% stake in the smallcap stock Jyoti Structures, according to the shareholding pattern for quarter ended June 2024, following which the stock closed 4.8% higher at Rs 26.75 on BSE. According to the data available on BSE, Ashish Kacholia holds nearly 2.2 crore shares in the company.
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