According to data sourced from Prime Database, there are 28 non-India expat CEOs among the 2,521 CEOs cumulatively appointed by 2,048 listed companies at end of FY24. The number of expat CEOs has hovered around the same levels over the past decade with several being individuals of Indian origin.
Stocks to buy: Analysts recommend buying HUL, AU Small Finance Bank, Orient Cement, West Coast Paper Mills, NBCC, Railtel Corp. Positive trends indicated with potential upside targets. Check with experts before investing. Disclaimer: Views not of Mint.
The trend of smallcaps and midcaps outperforming largecaps continues into the new year. A screener reveals 9 smallcap stocks with consistent buying from mutual funds and FIIs in the last four quarters of 2023. Notably, Electronics Mart India, Ion Exchange (India), Bharat Bijlee, Prism Johnson, Procter & Gamble Health, Five-Star Business Finance, Carborundum Universal, BASF India, and Hindware Home Innovation have all seen increased institutional investor interest. These stocks have shown significant growth over the past year and are expected to benefit from various factors, including strong demand and industry tailwinds.
On November 15, Wednesday, StockEdge revealed that a staggering 50 stocks were treading in overbought waters. ETMarkets drills down to uncover 5 stocks that have captured the attention, providing investors with insights into the significance of Relative Strength Index (RSI) and its role in making informed decisions.
Traders and investors fully recognize the importance of the 52-week high, as it stands as a critical technical gauge used to assess a stock s present value and anticipate possible price fluctuations