A sharp rise can be attributed to the significant changes in India's share buyback tax regime, which will come into effect from October 1, 2024.
Stocks of the country's bigger tile and ceramic makers were major gainers over the past week. The leaders in this space -- Kajaria Ceramics and Cera Sanitaryware -- were up 7 per cent each. In the past three months, Kajaria Ceramics and Somany Ceramics were up 29-32 per cent, while Cera Sanitaryware gained 22 per cent.
Kajaria Ceramics, the country's leading listed tile manufacturer, has seen its stock fall by 7 per cent over the past month amid concerns about rising input costs and sluggish domestic demand. Other listed stocks also experienced weakness in September, although there was some recovery in October. While strong exports are expected to help stabilise domestic market prices, the surge in gas prices over the past couple of months may have impacted margins in the second half of FY24.
Here's how beginners can follow a very practical approach for finding stocks for long term investing and building a decent portfolio.
Delving into deeper topics, fleshing out a timely satire, rooting for womanhood while being full of beans, dance, music, charm and comedy, Greta Gerwig's creativity knows no bounds, raves Sukanya Verma.
Star journalists, spies, super dogs -- end the year with a bang binge watching all the latest offerings on OTT this week.
Sukanya Verma feels there's much to look forward on OTT this week.
Bahrain's Olympic 1,500 metres gold medallist Rashid Ramzi and two cyclists are among six athletes to test positive for the blood booster CERA at the Beijing Olympics, officials said on Wednesday. Italy's road race silver medallist Davide Rebellin and German Stefan Schumacher, who is already banned for doping, were confirmed to have tested positive for CERA along with Ramzi in re-tests of samples taken in Beijing last year.
The International Olympic Committee (IOC) has discovered seven more positive drugs results from re-testing samples taken at last year's Beijing Games, stemming from six athletes, it said on Tuesday. All of them tested positive for CERA (Continuous Erythropoiesis Receptor Activator), the new generation of banned blood-booster erythropoietin (EPO) during the Beijing Olympics last August.
The veteran Hollywood star breathed his last in Chicago, US.
Bahrain's Olympic 1,500 metres champion Rashid Ramzi has been stripped of his gold medal for doping at the Beijing 2008 Games, a source within the Olympic movement said on Wednesday.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
These consistent performers are expected to maintain momentum.
Housing sector to benefit from Budget.
The government recently announced a new formula for determining the price of natural gas, lowering it from $8.4 suggested by the C Rangarajan committee.
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
The Cabinet Committee of Economic Affairs has approved a hike in gas prices from April 2014.
It's been a while since we've had a Batman film we can love.
While the government had in June approved a new formula for pricing of all domestically produced natural gas, the Cabinet yesterday allowed the same principles to also be applied to Reliance Industries' currently producing fields in KG-D6 block subject to certain conditions.
Asia has opened largely in the green ahead of a raft of Chinese data due during the day.
In a live chat on rediff.com held on Friday, July 11, well-known equity specialist Devang Mehta discussed what effect the Budget will have on the stock markets -- from how NOT to lose money in the markets to which are the safest stocks.
Budget in the medium term aims to kick-start the investment cycle.
From DIY submarines to diets of 20,000 calories is part of this week's collection of weird, true and funny news.
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