Singhnad

  Shares of Syrma SGS Technologies (Syrma) soared 34 per cent to Rs 295 against its issue price of Rs 220 per share on debut in Friday’s intra-day trade. The stock of industrial electronics company listed at Rs 262, a 19 per cent premium when compared to its issue price on the BSE. On NSE, the stock started trading at Rs 260.                                                         Syrma is one of the fastest growing electronics system design and manufacturing companies. It is engaged in the turnkey electronics manufacturing services (EMS). The company has a large product portfolio, which includes printed circuit boards, RFIDS, electromagnetic, electromechanical parts and other products such as SSDs, USB flash drives, etc. Its products are primarily focused towards end-use industries such as automotive, healthcare, IT, industrial appliances and others.                                      “Syrma’s good listing can be attributed to positive market sentiments, outstanding prospects, and a

  Gulam Navi Azad In a significant setback for the Congress party, veteran leader Ghulam Nabi Azad has resigned from all positions, including primary membership of the party. In his resignation letter, Azad said that the Congress party has lost both the will and ability under the tutelage of the coterie that runs the All India Congress Committee to “fight for what is right for India”.  Recalling his close personal relationship with the Gandhi family, Azad said that he has great personal regard for interim president Sonia Gandhi’s individual trials and tribulations that “would always continue”. He further said that he and some of his colleagues would now “persevere” to “perpetuate the ideals” for which they dedicated their entire adult lives outside the formal fold of the Congress party. To recall, Azad, a member of the group of 23 leaders who sought systemic changes in the Congress party, had stepped down some days ago as chairman of the campaign committee in Jammu and Kashmir. Respond

  Sonali Phogat  Sonali Phogat, who became prominent after participating in the TV reality show Big Boss 14, died of a heart attack in Goa on Monday. The 41-year-old was a BJP leader from Haryana. Apart from her popularity on TikTok, she was also known for her controversies. Here's all you need to know about Sonali Phogat: Phogat was born on September 21, 1979, in Bhuthan Kalan, a small village near Hisar in Haryana. Her professional career started in 2006 with a humble beginning at Hisar Doordarshan. In 2008, she joined the BJP's national working committee, where she was appointed as the national vice-president of the Mahila Morcha. A few years later, she quit anchoring to take on more acting roles. She worked alongside actor-turned-politician Ravi Kishan and Jimmy Sheirgill in Haryanvi movies. She marked her OTT debut in 2019 with the web series, 'The Story of Badmashgarh’, directed by Ameet Choudhary. In the 2019 assembly election, she contested unsuccessfully from the A

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  The risk that a penny stock will go bust is equally high. The company can suddenly shut down or there can be very little probability of giving multi-bagger returns. The total capital that deserves to be invested in penny stocks should not be more than 2 to 3 percent of a person’s portfolio value. Investing in penny stocks is mostly speculative. First of all, investors should avoid investing in them and if they buy any it should be treated as buying a lottery. You should never become emotionally attached to them in the hope of some good news. Investors should also never follow a buy and hold approach even if they have got good returns recently. Because over a period of time neither they are able to generate value for shareholders nor they follow a transparent reporting system. Investors should also research extensively about the stock and the news going on in the public domain and not become the victim of operators’ conspiracy, who later offload their holdings after manipulating the p

  Penny stocks are stocks that trade at very low prices normally below 50 rupees. They have low market capitalization and mostly are illiquid. Penny stocks are lesser-known to the larger investing public. I Investors remain away from them because the information regarding their fundamentals and businesses is either not reliable or not available. However, penny stocks are known for generating multi-bagger returns within a few trading sessions. Since penny stocks are illiquid, sometimes only a few orders can lead to hitting circuit limit on the exchange. These stocks mostly give higher returns when they are hitting upper circuits for a number of days. Generally, this period of hitting circuits is not accompanied with trading volumes. Sometimes there is a strong fundamental story that moves the stock up. Other times it might just be a case of manipulation by stock operators. They artificially inflate the price and volumes to attract innocent retail investors. Once they have enough traders