Gold has delivered consistent mid to high-teens returns over the past 1, 3, 5 and 7 years. In fact, gold has outperformed the Nifty 50 over the past 5 year period, delivering an 18% CAGR, and matched Nifty returns over past 7 years. There are few asset classes that can make that claim. Gold broke out of its range in early March. There have been four - 1971, 1978, 2004 and 2019 - major breakouts.
Open FlipGreat Eastern Shipping Company Q4 Results: Great Eastern Shipping Company declared their Q4 results on 10 May, 2024. The topline increased by 2.84% & the profit increased by 25.37% YoY. As compared to the previous quarter the revenue grew by 20.25% and the profit increased by 68.18%.The Selling, general & administrative expenses rose by 6.96% q-o-q & increased by 18.86% Y-o-Y.
Open Flip📌Bijith Bhaskar has quit as Head of Cards, Payment Solutions, E-Commerce Ecosystem, Merchant Ecosystem, & Consumer Finance at ICICI Bank 📌Union Bank net profit increased by 19% Y-O-Y to ₹3,311 Cr in Q4 📌Zydus Lifesciences has gained final USFDA approval to market Dexamethasone tablets in the USA 📌JSW Steel recorded a consolidated crude steel output of 21.21 lakh metric tonnes in April 2024
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