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These midcaps could return up to 35% in a yearThe stock, with a return on equity of 15% and return on capital employed of 19%, can give 22% returns in the next one year, according to Bloomberg.
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… Read More- Stocks in the news: Asian Paints, Axis Bank, ITC, Wipro, Cipla and Zee EntertainmentCipla is all set to launch Favipiravir, developed by the Council of Scientific and Industrial Research (CSIR) in a cost-effective process.
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- Tesla's profit sets up S&P 500 entry, while Musk pushes for growthTesla said it earned net income of $104 million from April to June, or $0.50 per share, marking the first time the company has posted a profit for four straight quarters.
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- India's banks play a risky game as loan truce endsIn March, the central bank told lenders they could stop collecting from borrowers for three months after Prime Minister Narendra Modi put a stop to most economic activity to contain the virus. Since then, the regulator has ex… Read More
- Two-wheeler makers take premium route owing to traction from leisure & hobby segmentDemand for two-wheelers is recovering at a fast pace and most manufacturers are placing bets on the premium range owing to traction from the leisure and hobby segment.
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