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  • Mumbai Tech Firm Delivers 46,740% Return In 11 Years, Turns Rs 1 Lakh Into Rs 4.72 Crore – News18

    Mumbai Tech Firm Delivers 46,740% Return In 11 Years, Turns Rs 1 Lakh Into Rs 4.72 Crore – News18


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    Mumbai’s Dynacons Systems & Solutions delivered a 46,740% return in 11 years, with shares rising from Rs 2.50 to Rs 1,180, showing strong long-term growth despite recent volatility

    Promoters of the company hold a 60.95% stake, reflecting confidence in the firm’s future.

    In a market where volatility often overshadows opportunity, one unassuming IT services firm has quietly transformed small investments into multi-crore windfalls. Mumbai-based Dynacons Systems & Solutions, a company once trading at just Rs 2.50 per share, has skyrocketed over the past 11 years, delivering an astonishing return of 46,740% to long-term investors.

    On Thursday, April 24, shares of Dynacons were seen changing hands at Rs 1,180 apiece on the Bombay Stock Exchange, a staggering climb from their May 2014 level. This meteoric rise implies that an investment of Rs 1 lakh in the company’s stock back then, if untouched, would be worth approximately Rs 4.72 crore today.

    Dynacons, which specialises in IT infrastructure and systems integration services, has witnessed its stock touch a 52-week high of Rs 1,730, while its low during the same period stood at Rs 929.20. Despite recent volatility, the firm’s overall trajectory remains one of the most dramatic in the penny stock universe. The company currently holds a market capitalisation of Rs 1,469 crore.

    Promoters appear to have strong confidence in the firm’s future, maintaining a controlling 60.95% stake as of March 2025. Last year, Dynacons also rewarded shareholders with a modest interim dividend of Rs 0.50 per share.

    Financially, the company posted standalone revenue of Rs 308.92 crore for the October–December 2024 quarter, reflecting its steady operational growth. However, the stock’s recent short-term performance has been more tempered.

    Over the past week, shares have edged up by 4.5%, and in the past month, they’ve gained just over 5%. But a closer look reveals some headwinds: the stock is down 3.53% over the last quarter, and it has slipped 13.11% over the past 12 months, with a year-to-date decline of 16%.

    Nonetheless, the three-year picture remains highly positive. Since 2022, Dynacons shares have surged over 250%, underscoring the long-term potential of identifying undervalued gems in the small-cap space.

    While Dynacons’ extraordinary returns are headline-worthy, market analysts continue to caution that investing in low-priced or highly volatile stocks carries inherent risk. Prospective investors are urged to conduct thorough research and seek advice from certified financial advisors before committing capital.

    (Disclaimer: Investments in equity markets are subject to risks. This report is for informational purposes only and does not constitute financial advice.)

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    News business Mumbai Tech Firm Delivers 46,740% Return In 11 Years, Turns Rs 1 Lakh Into Rs 4.72 Crore



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  • Mcap of Nine of Top-10 Most Valued Firms Falls Rs 2 Lakh Crore as Markets Tumble – News18

    Mcap of Nine of Top-10 Most Valued Firms Falls Rs 2 Lakh Crore as Markets Tumble – News18


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    Reliance Industries retains the title of the most valued firm, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, ITC, Hindustan Unilever and LIC.

    Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent.

    Nine of the top-10 most valued firms together lost a whopping Rs 2,09,952.26 crore from market valuation last week, in line with weak trends in equities, with Hindustan Unilever and Reliance Industries Limited taking the biggest hit.

    Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent.

    “The dismal Q2 earnings so far have aggravated the investors’ woes while persistent FII selling continued to create havoc in the market,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.

    From the top-10 pack, HDFC Bank emerged as the only winner.

    The market valuation of Hindustan Unilever eroded by Rs 44,195.81 crore to Rs 5,93,870.94 crore.

    Reliance Industries’ valuation tumbled Rs 41,994.54 crore to Rs 17,96,726.60 crore.

    State Bank of India’s market valuation plummeted by Rs 35,117.72 crore to Rs 6,96,655.84 crore, and that of Bharti Airtel tanked by Rs 24,108.72 crore to Rs 9,47,598.89 crore.

    The market capitalisation (mcap) of Tata Consultancy Services (TCS) dropped by Rs 23,137.67 crore to Rs 14,68,183.73 crore.

    The valuation of Life Insurance Corporation of India (LIC) diminished by Rs 19,797.24 crore to Rs 5,71,621.67 crore, and that of Infosys declined by Rs 10,629.49 crore to Rs 7,69,496.61 crore.

    ITC’s mcap fell by Rs 5,690.96 crore to Rs 6,02,991.33 crore, and that of ICICI Bank went lower by Rs 5,280.11 crore to Rs 8,84,911.27 crore.

    However, the mcap of HDFC Bank jumped Rs 46,891.13 crore to Rs 13,29,739.43 crore.

    Reliance Industries retained the title of the most valued firm, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, ITC, Hindustan Unilever and LIC.

    (This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)

    News business » markets Mcap of Nine of Top-10 Most Valued Firms Falls Rs 2 Lakh Crore as Markets Tumble



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  • ICICI Joins Elite Club With Rs 10 Lakh Crore In Market Capitalisation – News18

    ICICI Joins Elite Club With Rs 10 Lakh Crore In Market Capitalisation – News18


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    ICICI Bank (Representative Image)

    With a market capitalisation of Rs 8.15 lakh crore, ICICI stands as the second-largest private investor in the country

    ICICI Group, involved in banking, insurance and investment services, has joined the prestigious league of top conglomerates, following the footsteps of Bajaj Group, which made entry last December. Interestingly, only six companies in the nation hold a market capitalisation surpassing Rs 10 lakh crore. Meanwhile, three out of the top six conglomerates in the country are from the financial sector. This suggests that the investors have a strong interest in this particular industry.

    As per CNBC TV18 reports, the Tata Group leads the pack with a combined market capitalisation of Rs 30.8 lakh crore, while Reliance Group, led by Mukesh Ambani, has capitalisation of Rs 22.9 lakh crore. On the other hand, the Adani Group holds the third position with Rs 16 lakh crore and HDFC Group has the market valuations of Rs 13.7 lakh crore.

    With a market capitalisation of Rs 8.15 lakh crore, ICICI stands as the second-largest private investor in the country. Impressively, the bank alone contributes almost 81% to the group, while its insurance divisions each contribute an additional 8% to the group’s total market capitalisation. ICICI Securities further holds a market capitalisation of around Rs 24,600 crore. Similarly, ICICI Lombard General Insurance and ICICI Prudential Life Insurance have valuations of Rs 84,038 crore and Rs 80,668 crore, respectively.

    Meanwhile, looking at the ICICI’s numbers, Nomura states, “We expect ICICI Bank to deliver sector-leading Return on Assets (RoA) of 2.3% and Return on Equity (RoE) of 18% over FY25-FY26 with a 13% PAT CAGR over FY24-FY26.”

    Analysts are confident about ICICI Bank’s projections, thanks to ongoing improvements in its balance sheet and asset quality. Nomura further believes that people should buy shares of ICICI Bank. They predict that in the next 12 months, the price of one share of ICICI Bank could reach up to Rs 1,335.

    The company noticed that the bank had a strong three month period because it spent less money on day to day operations, which helped the bank to perform well. Since the start of the year, stocks of both ICICI Bank and ICICI Lombard have gone up by 16.4% and 20.1% respectively. Meanwhile, the Nifty50 has only gone up by 4.2% during the same time.



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  • Investors became richer by Rs 2.20 lakh crore in a day. Why Nifty ended at all-time high – Times of India

    Investors became richer by Rs 2.20 lakh crore in a day. Why Nifty ended at all-time high – Times of India



    Driving the News:Indian stock markets continued their upward trajectory for the fifth consecutive session, pushing the Nifty and Sensex to record highs. The rally was buoyed by robust investor sentiment, with the market capitalisation of BSE-listed companies hitting an unprecedented Rs 3.91 lakh crore.
    Why the rise: The BSE Sensex surged 281.52 points (0.39%) to close at 72,708.16, while the NSE Nifty climbed 81.55 points (0.37%) to settle at an all-time high of 22,122.25.
    -This upward movement reflects sustained confidence among investors, enriching them by Rs 2.20 lakh crore on Monday alone.
    -Foreign institutional investors (FIIs) have been net buyers of Indian equities in 2024, pumping in over ₹ 1.5 lakh crore so far. This is the highest annual inflow since 2012.
    -The domestic institutional investors (DIIs), which include mutual funds, insurance companies, and banks, have also been net buyers of Indian equities in 2024, investing over ₹ 1 lakh crore so far. The DIIs have been supported by the strong inflows from the retail investors, who have increased their participation in the stock market through the systematic investment plans (SIPs) and the direct equity platforms. The DIIs have also taken advantage of the market corrections and the valuation gaps to buy quality stocks at attractive prices .
    Zoom In: Sectoral performance was mixed, with notable gains in Telecom, Utilities, Consumer Durables, Services, and FMCG sectors. Meanwhile, Metals, Realty, Capital Goods, and IT sectors experienced declines. The broader market outperformed, with the BSE Midcap and SmallCap indices posting gains, indicating a strong preference for a wider range of stocks beyond the large caps.
    What They’re Saying: V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, highlighted the strength of the bull run, despite the high valuation signalled by the Buffet Ratio. “The momentum in the market, driven by strong flows from domestic investors and DIIs, suggests that the rally could continue in the near term,” he said.
    Between the Lines: The Indian stock market’s resilience is noteworthy, particularly in the face of mixed signals from global markets and domestic economic indicators. The rally underscores the deep-rooted optimism among investors about India’s economic fundamentals and corporate earnings potential.
    What Next: Analysts remain cautiously optimistic, pointing towards a short-term upward trend for the Nifty, potentially reaching 22,500-22,600. The immediate support level is pegged at 22,000. The focus is now on the upcoming federal elections in mid-2024, with expectations that the markets will maintain their momentum, undeterred by global economic uncertainties.
    (With inputs from agencies)





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  • BSE Sensex from 60,000 to 70,000: How PSU stocks took the lead over Reliance, Adani Group & Tata in wealth creation – Times of India

    BSE Sensex from 60,000 to 70,000: How PSU stocks took the lead over Reliance, Adani Group & Tata in wealth creation – Times of India


    State-owned companies have played a significant role in the BSE Sensex reaching the milestone of 70,000 points. The market capitalization of listed government assets almost doubled to around Rs 46.4 lakh crore for the final 10,000 points addition to Sensex. This surge in value has outperformed even leading private companies like Tata Group, Reliance, and the Adani Group.
    According to an ET analysis, during the 551 trading sessions it took for the Sensex to reach this milestone, the share of state-owned companies in India’s total market capitalisation increased to approximately 13%. This reflects investor confidence in the government’s reforms-driven agenda for state companies in sectors such as banking, insurance, infrastructure, and manufacturing. Value purchasing has also contributed to this positive trend.

    In contrast, the market value of the Tata Group increased from Rs 22.48 lakh crore to Rs 27.41 lakh crore since September 24, 2021, when the index stood at 60,000 points. Reliance Industries saw its market value rise from Rs 16.87 lakh crore to Rs 18.61 lakh crore. The Adani Group’s market capitalisation also rose from Rs 9.78 lakh crore to Rs 14.37 lakh crore.

    PSU stocks on the top!

    According to Manish Chowdhury, head of research at StoxBox, the proactive and positive government initiatives have restored investor confidence in PSU stocks. Additionally, a sharper focus on operational efficiencies, improved execution capabilities, and a distinct move toward professional management have instilled a sense of assurance among market participants, he said.
    Public sector companies have collectively added nearly Rs 26.25 lakh crore in market capitalisation, including Rs 5.4 lakh crore contributed by newly listed companies like LIC and IREDA. Among the state-owned companies, 21 have witnessed a surge in their market value by three times or more since September 24, 2021, while another 19 have at least doubled in value.

    Pradeep Gupta, vice-chairman at Anand Rathi Group, highlighted that the search for relative value in a rapidly rising market seems to be one of the important reasons for the strong performance of PSU stocks in the recent past. This is because most of them were trading at a significant discount to the private sector, he said.





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  • In a first, NSE listed companies’ market capitalisation surpass USD 4 trillion mark – Times of India

    In a first, NSE listed companies’ market capitalisation surpass USD 4 trillion mark – Times of India



    NEW DELHI: The market capitalisation of listed companies on the NSEhas surpassed the USD 4 trillion (Rs 334.72 trillion) mark for the first time ever, with the benchmark Nifty hitting its all-time high of 20,291.55 last Friday. The benchmark Nifty climbed 134.75 points or 0.67 per cent to settle at an all-time high of 20,267.90 on Friday. During the day, the benchmark reached its intra-day record high of 20,291.55.
    The Nifty-500 index also touched an all-time high of 18,141.65 on the same day, indicating that the equity market rally is not restricted to only the large-cap stocks.
    “The achievement of this milestone is a testament of the vision outlined for the Amrit Kaal which includes a technology-driven and knowledge-based economy with strong public finances, and a robust financial sector,” NSE said in a statement on Sunday.
    The journey of market capitalisation of listed companies rising from to USD 2 trillion (in July 2017) to USD 3 trillion (in May 2021) took about 46 months, whereas the last USD 1 trillion i.e., from USD 3 trillion to USD 4 trillion took only about 30 months, it said.
    “NSE listed companies’ market capitalisation surpassing the USD 4 trillion mark is an important milestone in the country’s journey towards the USD 5 trillion economy. The positive sentiment in the economy has provided a thrust to the capital markets,” Sriram Krishnan, Chief Business Development Officer, NSE, said.
    The combined market valuation of all listed companies on the BSE also reached the USD 4 trillion-milestone for the first time ever on Wednesday (November 29).
    The market cap of listed companies increased at a compounded annual growth rate (CAGR) of 17.5 per cent in the last 10 years, the exchange said.
    The top three companies by market valuation – Reliance Industries Limited, Tata Consultancy Services and HDFC Bank – retained their positions when NSE’s valuation hit the USD 2 trillion, USD 3 trillion, and USD 4 trillion mark, it added.
    “Whie India ranks amongst the top five nations based on market capitalisation, the market cap of listed companies on the NSE to India’s GDP stood at 1.18 or 118 per cent, which is lower as compared to developed markets such as the United States of America or Japan,” NSE said in the statement.
    The share turnover velocity at NSE for the year 2023 as on date stood at 47 per cent, which is way below some of the global markets such as the US, Japan, South Korea, China and Brazil, it noted.
    A very low percentage of companies listed on the exchange and comparative lower share turnover velocity, indicates an immense growth potential for deepening of the Indian market in the years to come, the NSE added.
    While the USD 4 trillion market capitalisation is an important milestone, data suggests that only 0.35 per cent of the total private companies registered with the Ministry of Corporate Affairs, are listed on the exchanges indicating an enormous number of companies which can tap the equity market for their funding needs, it noted.
    The daily average turnover has seen a year-on-year growth of 27 per cent in the equity segment and 5 per cent in equity derivatives in this financial year as compared to the previous financial year.
    In the last 10 years, the equity segment’s daily average turnover has increased by over 6 times and that of equity derivatives’ daily average turnover has increased by over 5 times, the exchange said.
    The resource mobilisation by corporates including the small and medium enterprise in the primary market has been encouraging and has provided an effective alternative mechanism in addition to the traditional methods of fundraising.
    “In the current financial year as of October 2023, more than Rs 5,00,000 crore have been mobilized through primary markets across equity and corporate bonds,” it added.





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  • BSE-listed firms’ market valuation hits all-time high of Rs 315 lakh crore – Times of India

    BSE-listed firms’ market valuation hits all-time high of Rs 315 lakh crore – Times of India



    NEW DELHI: The market capitalisation of BSE-listed firms reached an all-time high of Rs 315 lakh crore on Monday, helped by strong investor sentiments amid encouraging domestic macroeconomic data and a firm trend in global stocks.
    The BSE benchmark sensex climbed 240.98 points, or 0.37 per cent, to settle at 65,628.14. During the day, it rallied 296.75 points, or 0.45 per cent, to 65,683.91.
    The barometer had on Friday ended higher by 555.75 points, or 0.86 per cent, at 65,387.16.
    In two days, investors’ wealth went up by Rs 5,41,951.7 crore. The market capitalisation of BSE-listed firms stood at Rs 3,15,01,090.40 crore.
    “Markets extended their gains for the second trading session on the back of rising expectations of a rate hike pause by the US Federal Reserve. Further, reports of China taking measures to revive the property sector in the country also boosted sentiment,” Shrikant Chouhan, Head of Research (Retail), Kotak Securities Ltd, said.
    Manufacturing activities in India gained momentum in August as new orders and output increased at quickest rates in nearly three years, according to a survey released on Friday.
    GST collections grew 11 per cent to over Rs 1.59 lakh crore in August on the back of improved compliance and reduced evasion, with experts forecasting higher mop-up to continue in the upcoming festive season.
    Domestic passenger vehicle sales hit a record in August, led by highest-ever monthly dispatches from Maruti Suzuki on the back of festive demand and the continued strong offtake of SUVs.
    In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended with gains.
    European markets were trading in the green in early deals. The US markets ended mostly in the positive territory on Friday.
    From the sensex pack, Wipro emerged as the biggest gainer, climbing 4.34 per cent. HCL Tech, UltraTech Cement, Tata Steel, Tech Mahindra, NTPC, Infosys, Power Grid, Tata Consultancy Services and State Bank of India were the other major gainers.
    Mahindra & Mahindra, Axis Bank, ITC, Asian Paints, Bajaj Finance and Nestle were among the laggards.
    In the broader market, the BSE midcap gauge climbed 0.96 per cent, and smallcap index gained 0.84 per cent.
    Among the indices, metal jumped 2.72 per cent, commodities climbed 1.94 per cent, utilities rallied 1.91 per cent, IT gained 1.74 per cent, power (1.55 per cent), teck (1.51 per cent) and services (0.59 per cent).
    FMCG and consumer durables were the laggards.
    Foreign Institutional Investors (FIIs) were buyers on Friday as they bought equities worth Rs 487.94 crore, according to exchange data.
    “Recent domestic macroeconomic data has portrayed a positive picture for the domestic markets, allowing them to maintain their momentum. Despite profit-booking in Nifty Auto after reaching an all-time high, the market regained its footing with robust buying in IT stocks,” Vinod Nair, Head of Research at Geojit Financial Services, said.
    “The increase in the US unemployment rate has solidified expectations of a pause in rate hikes, and positive global cues have further boosted market sentiment,” Nair said.





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  • Mcap Of 6 Of Top 10 Valued Firms Erodes By Rs 70,486.95 Cr; Reliance, TCS Biggest Laggards

    Mcap Of 6 Of Top 10 Valued Firms Erodes By Rs 70,486.95 Cr; Reliance, TCS Biggest Laggards


    New Delhi: Six of the 10 most valued firms faced a combined erosion of Rs 70,486.95 crore in their market valuation last week, with Reliance Industries and Tata Consultancy Services (TCS) taking the biggest hit following a weak trend in equities.

    While Reliance Industries, TCS, HDFC Bank, ITC, State Bank of India, and HDFC were the laggards from the top 10 pack, ICICI Bank, Hindustan Unilever, Infosys, and Bharti Airtel were the gainers. (Also Read: 7 Richest CMs Of India)

    Last week, the BSE Sensex declined 298.22 points or 0.48 percent. (Also Read: Watch: Man Thrashes Delivery Boy In Noida Over OTP Dispute, Video Goes Viral)

    “Markets took a breather last week and shed half a percent amid mixed cues. The beginning was upbeat, however, profit-taking in heavyweights across sectors pushed the index lower in the following sessions,” Ajit Mishra, VP – Technical Research at Religare Broking Ltd, said.

    Among major losers, the market valuation of Reliance Industries fell by Rs 27,941.49 crore to Rs 16,52,702.63 crore and that of TCS eroded by Rs 19,027.06 crore to Rs 11,78,854.88 crore.

    HDFC Bank’s valuation declined by Rs 10,527.02 crore to Rs 9,20,568.10 crore and HDFC’s by Rs 9,585.82 crore to Rs 4,99,848.62 crore. The mcap of State Bank of India went lower by Rs 2,722.01 crore to Rs 5,13,209.81 crore and that of ITC dipped Rs 683.55 crore to Rs 5,21,852.46 crore.

    However, Infosys added Rs 9,733.98 crore to its valuation at Rs 5,26,491.90 crore. The mcap of Bharti Airtel jumped Rs 7,722.54 crore to Rs 4,49,050.34 crore and that of ICICI Bank rallied Rs 7,716.4 crore to Rs 6,67,196.10 crore.

    The valuation of Hindustan Unilever climbed Rs 4,229.27 crore to Rs 6,20,621.04 crore.

    Reliance Industries continued to rule the top 10 most valued firms chart, followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, State Bank of India, HDFC, and Bharti Airtel.





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  • Nine of Top-10 Firms Lose Rs 1.87 Trillion in Mcap

    Nine of Top-10 Firms Lose Rs 1.87 Trillion in Mcap


    Last Updated: February 26, 2023, 13:14 IST

    Nine of 10 most-valued firms saw an erosion of Rs 1,87,808.26 crore in market valuation last week.

    Barring ITC, all 10 firms, including Tata Consultancy Services, Infosys, ICICI Bank and Hindustan Unilever, were the laggards.

    Nine of 10 most-valued firms saw an erosion of Rs 1,87,808.26 crore in market valuation last week amid an overall weak trend in equities.Last week, the BSE benchmark tumbled 1,538.64 points or 2.52 per cent amid concerns that the US Federal Reserve might raise interest rates further to curb inflation. Fresh foreign fund outflows also dented investor sentiments.

    Barring ITC, all 10 firms, including Tata Consultancy Services (TCS), Infosys, ICICI Bank and Hindustan Unilever, were the laggards.

    HDFC Bank’s valuation declined by Rs 37,848.16 crore to Rs 8,86,070.99 crore at close on Friday.

    The market valuation of Reliance Industries fell by Rs 36,567.46 crore to Rs 16,14,109.66 crore.

    The valuation of TCS tumbled Rs 36,444.15 crore to Rs 12,44,095.76 crore and that of HDFC tanked Rs 20,871.15 crore to Rs 4,71,365.94 crore.

    The market capitalisation (mcap) of ICICI Bank fell by Rs 15,765.56 crore to Rs 5,86,154.58 crore and that of Infosys declined by Rs 13,465.86 crore to Rs 6,52,862.70 crore.

    Bharti Airtel’s mcap dipped by Rs 10,729.2 crore to Rs 4,22,034.05 crore and that of State Bank of India went lower by Rs 8,879.98 crore to Rs 4,64,927.66 crore.

    The valuation of Hindustan Unilever slipped Rs 7,236.74 crore to Rs 5,83,697.21 crore.

    However, ITC added Rs 2,143.73 crore taking its mcap to Rs 4,77,910.85 crore.

    Reliance Industries continued to retain the title of the most valued firm followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, ITC, HDFC, State Bank of India and Bharti Airtel.

    Read all the Latest Business News here

    (This story has not been edited by News18 staff and is published from a syndicated news agency feed)



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