StockGro Blogs

Posted inin Wealth Corner

Mahila Samman Savings Certificate – MSSC Interest Rate for Women
Mahila Samman Saving Certificate (MSSC) is a new small savings scheme launched by the government of India to promote increased investments among women

Posted byby Shweta Desai
June 24, 2024
3 min

In this article, we’re going to explore the MSSC scheme for women launched by the government of India with the Budget announcement in 2023....

Posted inin Market Spotlight

What happened in the Indian stock market (21-Jun-2024)?
On June 21, 2024, the Sensex and Nifty 50 ended lower, reflecting weak global sentiment after the US dollar hit a multi-week high.

Posted byby Ayesha Khan
June 24, 2024
2 min

The Nifty 50 reached a record high of 23,667.10 after opening but couldn’t maintain gains. The Sensex fell by 269 points (0.35%) to 77,209.90,...

Posted inin Market Spotlight

Accenture’s Q3 boosts Indian IT stocks: signs of sector recovery?
Signs of recovery in Indian IT stocks: Is the worst over?

Posted byby Ayesha Khan
June 24, 2024
3 min

The IT sector has had a rough couple of years, but recent developments suggest a potential turnaround. Following the release of Accenture’s Q3 results,...

Posted inin Wealth Corner

Understanding and Impact of Fixed Asset Turnover Ratio
The fixed asset turnover ratio is a helpful financial analysis tool because it helps us understand how effectively a business uses its assets. Find out more!

Posted byby Shweta Desai
June 24, 2024
5 min

Looking at the fixed asset turnover ratio is one of the most effective methods for assessing how efficiently a company utilises its assets. This...

Posted inin Market Spotlight

Winny Immigration IPO: Key details you should know
An immigration consultancy is set to raise ₹9.13 crore. Want to know how they plan to expand and the challenges they might face?

Posted byby Ayesha Khan
June 21, 2024
3 min

India’s talent and skills are increasingly recognised worldwide. Many Indians are heading overseas for education, work, and various professional opportunities. In early 2024, Indian...

Posted inin Market Spotlight

Akme Fintrade India Ltd’s promising public debut for India’s growth
Akme Fintrade Ltd is coming up with an IPO. Find out in detail about the company and its IPO to make financially informed decisions.

Posted byby Ayesha Khan
June 21, 2024
4 min

India’s financial sector is very diverse, and it is growing very quickly. Both already existing financial services firms and new ones are entering the...

Posted inin Wealth Corner

Security Transaction Tax: When and Why is STT Levied?
Curious about how this tax impacts your stock trades? Discover how different rates are and what they mean for your investments.

Posted byby Shweta Desai
June 21, 2024
4 min

The central government has received ₹4.62 trillion in direct tax revenue so far this financial year (as of 17.06.2024). Out of this, ₹2.81 trillion...

Posted inin Wealth Corner

Net vs. Gross Investment: Key Differences Explained
Net investment entails the actual amount companies spend on expansion and operational improvement. Find out more!

Posted byby Shweta Desai
June 21, 2024
4 min

Net investment is increasingly becoming one of the essential ways to measure the natural growth and health of any business or country in this...

Posted inin Market Spotlight

What happened in the Indian stock market today?
On 20 June 2024, the Indian benchmark indices Sensex and Nifty 50 closed in positive territory following volatile trading.

Posted byby Ayesha Khan
June 20, 2024
2 min

Over 200 stocks hit their 52-week highs on the BSE, including Shriram Finance, JSW Steel, Bharat Forge, and L&T Finance. The Nifty Midcap 100...

Posted inin Market Spotlight

Hindustan Aeronautics & Bharat Electronics: Surge in defence spending
Hindustan Aeronautics Ltd and Bharat Electronics Ltd are the two most prominent companies in the defence manufacturing industry in India. Find out more!

Posted byby Ayesha Khan
June 20, 2024
4 min

The national security and strategic independence of India are supported by the defence industry. India’s defence capabilities have been improved overtime as a result...