Benchmarks reverse losses; PSU bank shares advance business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Share Market Highlights 24 April 2024: Sensex gains 114 pts, Nifty settles above 22,400 thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Holding companies return outpace returns of Nifty, Sensex: Way2Wealth report thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The hospitality company s revenue rose 16.5% and net profit 25.5%. Its new ventures like budget hotels and catering services showed significant growth, too.
Holding companies index significantly outperformed the benchmark indices over a longer investment horizon. Specifically, it was observed that the outperformance accelerates during the market boom, as was evidenced during the periods of 2017-18 and 2023-24 when the index nearly doubled in a span of a year.