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Madhu Lunawat-led The Wealth Company Mutual Fund will launch The Wealth Company Gold ETF this week. Here are the key details about the NFO (Source: The Wealth Company Mutual Fund).
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News and Media
So far in FY26, 10 penny stocks have risen sharply, delivering returns ranging from 25% to 515%. Notably, six of these have turned into multibaggers. These standout performers were selected based on specific criteria: market capitalisation below Rs 1,000 crore, share price under Rs 20, and minimum recent trading volume of 5 lakh shares. This strategy focuses on identifying low-priced, actively traded micro-cap stocks demonstrating strong upward momentum. (Data Source: ACE Equity).Penny stocks often attract attention due to their low entry price and the potential for explosive growth. But while the rewards can be impressive, the risks are equally high. These stocks typically carry low liquidity, high volatility, and limited financial transparency. Investors should proceed with caution success in penny stocks requires not just luck, but a clear strategy and strong risk management.
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News and Media
Shiprocket is preparing for a significant initial public offering. The Gurugram-based company aims to raise Rs 2,342 crore through its IPO. Investors and founders are selling shares in the offer-for-sale component. Shiprocket plans to list in the first quarter of fiscal year 2027. The company reported operating revenue growth and a reduced net loss for the six months ended September.
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News and Media
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