GAGA Share Market News

[hfe_template id='11223'] [ad_1] Reminding investors of the iron rule of mean reversion in financial markets, 12 stocks like Cochin Shipyard, HUDCO and Bharat Dynamics have crashed at least 40% from their 52-week high levels after giving multibagger returns in the last one year. A study of all BSE-listed stocks with a market capitalization of at least Rs 1,000 crore throws up a list of 115 stocks that have fallen at least 40% from peaks. Out of them, there are at least 12 recent multibaggers that are having a tough time now. Defence PSU stock Cochin Shipyard, the shares of which have fallen 54% from peak, are still up 176% in the last one year. Waaree Renewable Technologies, which was in focus recently as its group company Waaree Energies got listed on stock exchanges on Monday, has lost almost 53% of its value. The solar play remains a four-bagger in the last 12 months. Other stocks in the list include PSUs like HUDCO, Bharat Dynamics and IFCI and private players like U...

[hfe_template id='11223'] [ad_1] The Budget week has not sparked any significant excitement in the market as the government measures were both populist and prudent. The increase in short- and long-term capital gains taxes added to the volatility. During the week, as many as 132 smallcap stocks delivered double digit weekly returns with eight of them offering over 25% returns. Antony Waste Handling Cell was the top gainer in the smallcap pack with 49.4% return, followed by MTNL (40%), Bhagiradha Chemicals and Industries (35.4%), and PC Jewellers (27.5%). About 12 stocks including Indian Hume Pipe, GHCL Textile, Thyrocare Technologies, Associated Alcohols, Associated Alcohols, RSWM, Ambika Cotton Mills, IFCI among others have offered returns between 20-25% during the week. In the midcap segment, five stocks including IDBI Bank, Indian Hotels, Hindustan Petroleum Corp, among others have risen in double digits. While IDBI Bank has gained 17.21%, Indian Hotels and Hindustan P...