indian stock market

Pidilite Industries has entered into the league of corporate entities with a market value of over Rs 500 billion after the stock price of the company hit new high on the BSE. Pidilite Industries with the m-cap of Rs 500.73 billion stood at number 62nd position in overall m-cap ranking at 10:28 am, the BSE data shows. The stock was trading 1% higher at Rs 977 hit a new high of Rs 982 on the BSE in intra-day deal. Pidilite is a dominant play in India’s adhesive market with a market share of around 70% in its leading brand categories (Fevicol) in the organized segment. In past one month, Pidilite Industries has outperformed the market by surging 12% after the company has entered into collaboration with Jowat SE, a German family-owned enterprise and one of the leading suppliers of industrial adhesives worldwide. On comparison, the S&P BSE Sensex was up 1% during the same period. As part of the collaboration, Pidilite will exclusively handle sales and distribution of...

The very nature of stock investment may at times leave the best of mind scratching their head. If you are new to equities, worry not. We have a handy guide in place to help navigate this uncertain world. The thumb rule is one has to be sound in basics before funneling the hard-earned money in stocks. Consider these seven must-haves. 1. Nature and outlook of business Check the true nature of business along with past financial track record of the company and see whether the current policies and projects are value generators for future. The final investment decision is made based on current industry outlook. Also, don't chase stocks blindly that have given multibagger returns over a short period. Make proper research before taking any step further. G Chokkalingam, founder and MD, Equinomics Research & Advisory, said, "Many first-time investors lo .. 2. Uniqueness in business model A profit-generating unique business model is a very good sign. Besides, less cyclicality...