Shares of Adroit Infotech Ltd hit a 5% upper circuit to Rs 21.20 per share from its previous closing of Rs 20.20. The stock’s 52-week high is Rs 24.89 and its 52-week low is Rs 11.73. According to Quarterly Results, total income increased by 86.3 per cent to Rs 8.61 crore in Q4FY24 compared to Q4FY23. The company reported a turnaround net profit of Rs 1.83 crore in Q4FY24, an increase of 198.5%.
Open FlipVineet Jainn, Co-Founder & CIO, Volvin LtdA couple of months ago, the Securities and Exchange Board of India (Sebi) directed the Association of Mutual Funds in India (AMFI) to ask all small and mid-cap mutual funds to conduct a stress test to assess their liquidity positions and update their findings every 15 days starting March 15, 2024.
Open FlipMany flock to Mumbai with one aim: to become the next Shah Rukh Khan. However, people seldom go to the graveyard of failed actors and see the thousands who don’t make the cut. After all, there are no banners for failed actors. Sandeep Jethwani, the founder of wealth management startup Dezerv, thinks this bias applies to mutual fund (MF) investors as well.
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