Author: Shehnaz Beig
Shehnaz Beig
Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
Shares of Afcons Infrastructure Limited, a key engineering and construction company under the Shapoorji Pallonji Group, are witnessing an impressive recovery despite a less-than-ideal stock market debut. After initially being listed at a discount, Afcons Infrastructure stock has rebounded strongly, with prices now hovering close to its IPO value. Listed on the Bombay Stock Exchange (BSE) at Rs.430 and on the National Stock Exchange (NSE) at Rs.426, both below the IPO price of Rs.463, Afcons Infrastructure’s shares initially disappointed short-term investors. However, amid a broader market dip, the stock has climbed back to approximately Rs.462 on BSE, reflecting strong investor…
Investing in mutual funds has become a popular choice for those looking to grow their wealth over the long term. Systematic Investment Plans (SIPs) in particular have made it easier for people to invest small amounts monthly and achieve high returns over time. By investing consistently and allowing the power of compounding to work, SIPs in top-performing mutual funds can help investors achieve significant financial growth. Here, we will discuss five mutual funds that have delivered exceptional returns over the last 10 years, multiplying investments up to 8 times. Let’s explore these funds, their past performance, and the returns they’ve…
As one of India’s top-performing mutual funds, HDFC Mutual Fund’s Flexi Cap Fund has been a notable wealth creator for long-term investors. Launched in January 1995, this scheme has consistently delivered strong returns and is set to complete 30 years of operation in January 2025. For those who started small, such as investing Rs 1,000 monthly through a Systematic Investment Plan (SIP), the fund has grown significantly over the years, with some investors now holding funds worth nearly Rs 2 crore. Here’s a look at the returns, growth patterns, and investment strategy that make the HDFC Flexi Cap Fund a…
For those looking to dive into IPOs, next week is shaping up to be an exciting one. With five significant IPOs, including Swiggy and ACME Solar, hitting the market, investors have plenty to look forward to. These IPOs provide a range of opportunities, from tech to health insurance, offering something for nearly every type of investor. Here’s a closer look at what’s launching and how you can get involved. Major IPO Listings Opening Next Week The main board IPOs will bring forward large companies like Swiggy, ACME Solar, Segility India, and Niva Bupa Health Insurance. Additionally, there’s a smaller offering…
The rise of young entrepreneurs in India’s tech industry has taken the world by storm. These innovators are building startups worth billions, and they’re just in their 20s and early 30s. The Hurun India Rich List 2024 highlights these rising stars, many of whom began their journey by addressing real-world challenges through technology. From quick commerce and education to fintech, these young billionaires are shaping India’s economy in remarkable ways. Here’s a closer look at some of the top young billionaires in India and how their startups are creating both wealth and impact. Zepto’s Founders: Kaivalya Vohra and Adit Palicha…
Investors, get ready for a busy week in the IPO market! With five new initial public offerings (IPOs) launching, there’s a range of options for those looking to diversify their portfolios. Four of these companies will be in the main market, including Swiggy, Acme Solar Holdings, Sagility India, and Niva Bupa Healthcare. The fifth IPO from Neelam Linen will debut in the SME segment. Here’s a closer look at what each company is offering and how they plan to use their IPO funds. 1. Swiggy IPO: The Food Giant’s Big Move Swiggy, the popular food delivery and tech-driven platform, will…
Amid his active involvement in the US presidential campaigns, Elon Musk has once again enforced layoffs at his social media company, X, previously known as Twitter. This recent workforce reduction primarily affects X’s engineering department, with reports indicating that the impacted employees had been asked to summarize their contributions shortly before the layoffs. According to a report from The Verge, employees from X’s engineering team were requested to submit a single-page summary of their work to their leaders two months ago. This summary reportedly played a role in determining stock option eligibility, with those who submitted their contributions now facing…
Private health insurer Niva Bupa Health Insurance Company is gearing up for its ₹2,200 crore initial public offering (IPO), with dates now confirmed. The IPO will open for public subscription on November 7 and close on November 11. Anchor investors can place their bids starting November 6, while the company will announce its price band by November 4. Here’s a rundown of the IPO details, shareholding structure, and Niva Bupa’s recent financial performance. IPO Structure and Share Sale Breakdown The IPO comprises a fresh issue of equity shares worth ₹800 crore and an Offer for Sale (OFS) amounting to ₹1,400…
New Delhi: As India ramps up its renewable energy initiatives, NTPC Green Energy is stepping up to take advantage of the growing demand for sustainable power. NTPC’s subsidiary has received approval from SEBI to launch an IPO with a target of raising ₹10,000 crore. With green energy gaining significant traction globally, the IPO brings a new opportunity for investors interested in the renewable sector. Let’s dive into the green energy stock market’s performance and assess whether NTPC’s IPO could be the next big deal. Overview of Green Energy Stocks’ Performance Several companies in India’s renewable energy sector, from Adani Green…
If you’re looking for a smart way to build wealth over time, Systematic Investment Plans (SIPs) in mutual funds might be one of the best options. By investing a fixed amount each month, you can gradually accumulate significant wealth over the years, especially with equity mutual funds known for high long-term returns. Looking back at the last 15 years, several equity mutual funds have delivered impressive returns, turning monthly SIPs of Rs 10,000 into over Rs 1 crore. Here are the top five funds that have consistently outperformed and helped investors multiply their wealth. 1. SBI Small Cap Fund: High…