defence stocks

Prashant Jain’s AIF returns 58% in its first year, with little help from SMID caps

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Prashant Jain’s AIF returns 58% in its first year, with little help from SMID caps

Former HDFC AMC chief Prashant Jain’s 3P India Equity Fund 1 has comfortably beaten the Nifty 50 index in its first year, despite largely ignoring small and mid cap stocks. According to the latest data, as of 28 June, the category-3 alternative investment fund (AIF) delivered a 58.4% return since it was launched in May … Read more

Multibagger Premier Explosives shares hit 10% upper circuit, gain 78% in just 8 sessions – here’s why

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Multibagger Premier Explosives shares hit 10% upper circuit, gain 78% in just 8 sessions – here's why

Premier Explosives was one such stock that continued its robust rally. The stock in today’s session hit the 10% upper circuit limit to reach a fresh record high of ₹3,882 apiece. Over the last eight sessions alone, the stock has surged from ₹2,186 to its current price, marking an impressive rally of 77.60%. So far … Read more