Mon, May 17, 2021 4:17 PM
Max Ventures subsidiary plans to invest Rs50cr in new CPP line
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Microcap stock Sprayking has given exceptional returns to its investors in the last 4 years. The stock has skyrocketed around 3,092 percent from ₹1.59 in April 2020 to currently trade at its record high ₹50.75.Meanwhile, the stock has also given multibagger returns, almost 132 percent in the last 1 year.Just in 2024 year-to-date (YTD), the stock has risen 18 percent from ₹42.98.
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Amazon (NASDAQ: AMZN) has been one of the hottest mega-cap stocks on the market. Its shares have soared nearly 20% year to date and are up more than 70% over the last 12 months.The company revealed in its first-quarter update on Tuesday that it plans to increase capital expenditures in the coming quarters. Does this increased spending diminish Amazon's prospects?
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Anand Rathi's research report on Cholamandalam Investment and Finance. Driven by the strong, 42% y/y, NII growth, Cholamandalam Investment and Finance’s Q4 net profit rose 25% y/y to Rs10.6bn. With new businesses being more profitable and the strong collections architecture, we maintain our Buy on the stock, despite premium valuations.
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