Articles for category: Business

Rajiv Sharma

BRICS decision could harm the US, benefit China; what is the petrodollar?

BRICS decision could harm the US, benefit China; what is the petrodollar?

Recently, Saudi Arabia announced its readiness to engage in discussions regarding new ideas, particularly in the context of the oil trade. This declaration carries significant implications, not only for the global oil market but also for Western economies heavily reliant on oil imports. Such a shift could indicate a broader strategy by Saudi Arabia to ...

Rajiv Sharma

Share Market Update October 11: Sensex Drops by 230 Points

Share Market Update October 11: Sensex Drops by 230 Points

The stock market experienced a decline on the last trading day of the week, with both the Sensex and Nifty indices falling significantly. This downward trend has raised concerns among investors, prompting questions about the market’s overall stability and future performance. Market Overview On October 11, the Sensex closed down by 230 points, while the ...

Rajiv Sharma

Small company's profit surged 894%, shares skyrocketed.

Small company’s profit surged 894%, shares skyrocketed.

Ashoka Metacast has recently made headlines with a significant surge in its share price, reflecting strong financial performance in the current fiscal year. On Friday, the company’s shares soared by 20% on the BSE, reaching a price of ₹26.78. This remarkable growth underscores the company’s robust profitability and potential for future growth. Stellar Financial Performance ...

Rajiv Sharma

Bet on these 8 breakout stocks today: Learn the buy and sell prices.

Bet on these 8 breakout stocks today: Learn the buy and sell prices.

As the stock market continues to fluctuate, investors are continually seeking guidance on which stocks to buy. Analysts and financial experts often provide valuable insights that can help investors make informed decisions. On October 11, several stocks have been recommended for purchase by experts, suggesting potential growth and profitability. This article explores these recommendations and ...

Rajiv Sharma

Company offering 1 share free for every 3 shares, record date fixed, money doubled in 6 months.

Company offering 1 share free for every 3 shares, record date fixed, money doubled in 6 months.

Investing in stocks can provide various opportunities for capital growth and income generation. One notable event that often excites investors is the issuance of bonus shares. Groovy India has recently announced a bonus share distribution, which not only enhances the attractiveness of its stock but also reflects the company’s confidence in its future performance. Overview ...

Rajiv Sharma

Stock under ₹1 surges as company announces fundraising

Stock under ₹1 surges as company announces fundraising

In recent market trends, the stock of Finvest, priced under one rupee, has witnessed a significant surge. This spike in price is attributed to the company’s announcement regarding a Qualified Institutional Placement (QIP) aimed at raising funds. Investors are keenly observing these developments, which could reshape the financial landscape for the company. Understanding Finvest and ...

Rajiv Sharma

Wealthy but avoiding the list of rich: The story of Ratan Tata

Wealthy but avoiding the list of rich: The story of Ratan Tata

Ratan Tata, the former chairman of Tata Sons and one of the most influential industrialists globally, has made significant contributions to India’s economic landscape. Despite his immense impact on the business world and his philanthropic efforts, he has never been officially listed as a billionaire. This article delves into Ratan Tata’s net worth, his business ...