Tue, Sep 17, 2024 8:19 PM
SBI Mutual Fund hikes stake in Nuvoco Vistas nearly 3% for Rs 158 crore
A Flip by Shubhangi Gupta
When it comes to growing wealth, exploring diverse investment options is crucial, especially in a landscape where SME IPOs can be unpredictable. While SME IPOs may attract attention for their potential high returns, alternatives like mutual funds, stocks, ETFs, real estate, and REITs offer compelling benefits that can enhance financial security and long-term growth.
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Shares of Indus Towers Ltd. are locked in a 10% lower circuit on Thursday, marking their biggest single-day drop since June 4. The share decline followed the Supreme Court ruling in the Adjusted Gross Revenue (AGR) case. The apex court upheld the AGR ruling against the telecom companies and upheld the quantum of the AGR demand. Vodafone Idea's AGR dues currently stand at ₹70,300 crore.
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Karur Vysya Bank's management has led a remarkable transformation, achieving steady growth and superior return on assets, with initiatives in place to mitigate headwinds on deposits growth and credit costs, supporting a 15% CAGR in loans for FY24-26E and a BUY recommendation with a target price of INR 270.
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