logo
Mukand Ltd leads gainers in 'B' group

Mukand Ltd leads gainers in 'B' group

Foods & Inns Ltd, Enviro Infra Engineers Ltd, Tamil Nadu Telecommunications Ltd and Parsvnath Developers Ltd are among the other gainers in the BSE's 'B' group today, 24 June 2025.
Foods & Inns Ltd, Enviro Infra Engineers Ltd, Tamil Nadu Telecommunications Ltd and Parsvnath Developers Ltd are among the other gainers in the BSE's 'B' group today, 24 June 2025.
Mukand Ltd surged 14.68% to Rs 131.25 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 99284 shares were traded on the counter so far as against the average daily volumes of 11192 shares in the past one month.
Foods & Inns Ltd soared 14.32% to Rs 117.69. The stock was the second biggest gainer in 'B' group. On the BSE, 2.7 lakh shares were traded on the counter so far as against the average daily volumes of 24226 shares in the past one month.
Enviro Infra Engineers Ltd spiked 12.67% to Rs 238.25. The stock was the third biggest gainer in 'B' group. On the BSE, 23.29 lakh shares were traded on the counter so far as against the average daily volumes of 3.03 lakh shares in the past one month.
Tamil Nadu Telecommunications Ltd exploded 11.49% to Rs 13.29. The stock was the fourth biggest gainer in 'B' group. On the BSE, 1.53 lakh shares were traded on the counter so far as against the average daily volumes of 19387 shares in the past one month.
Parsvnath Developers Ltd spurt 10.79% to Rs 19.81. The stock was the fifth biggest gainer in 'B' group. On the BSE, 1.99 lakh shares were traded on the counter so far as against the average daily volumes of 3.77 lakh shares in the past one month.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

How SIP in Mutual Funds Can Help You Achieve Financial Freedom in the Long Term
How SIP in Mutual Funds Can Help You Achieve Financial Freedom in the Long Term

Fashion Value Chain

time34 minutes ago

  • Fashion Value Chain

How SIP in Mutual Funds Can Help You Achieve Financial Freedom in the Long Term

Financial freedom is the ability to make life choices without being constrained by financial stress. Whether its retiring early, pursuing a passion, or investing for your familys future, financial freedom means having the resources to support your goals. One way to work towards this goal is by investing consistently in mutual funds through a Systematic Investment Plan (SIP). SIPs can help build wealth in the long-term What is a SIP in mutual funds A SIP is a method of investing in a mutual fund scheme where you invest a fixed amount at regular intervals, usually monthly or quarterly. It brings discipline to investing and eliminates the need to time the market. Instead of investing a lump sum, SIPs allow you to build your investment gradually over time. When you invest via SIP in a mutual fund, you buy units of the scheme on a specific date each month, regardless of market conditions. Over time, this results in rupee cost averaging, meaning you buy more units when prices are low and fewer when prices are high. This helps in averaging out your purchase cost and potentially reducing the impact of market volatility. How SIPs contribute to long-term wealth creation The power of compounding is one of the key benefits of SIPs. Compounding refers to the growth of your investments as returns begin to generate further returns over time. The earlier you start, the more time your money has to grow. *For example, an investment of Rs 5,000 per month in a mutual fund SIP plan over 20 years, assuming an average annual return of 12%, can grow to over Rs 50 lakh. By investing regularly and staying invested for the long term, SIPs allow you to accumulate wealth in a structured and disciplined manner. *For illustrative purposes SIPs align with your financial goals SIPs can be tailored to meet a variety of financial goals, from saving for a child's education, buying a home, to building a retirement corpus. You can choose mutual funds that align with your risk appetite and investment horizon. For short to medium-term goals, you may consider investing in debt or hybrid mutual funds. For long-term goals, equity mutual funds can offer higher growth potential. SIPs help in mapping your financial goals to suitable investment options and allow you to track your progress over time. SIPs offer flexibility and convenience One of the biggest advantages of SIPs is the flexibility they offer. You can start with as little as Rs 500 per month generally, making them accessible to a wide range of investors. You can increase your SIP amount over time, pause or stop the SIP if needed, or switch between schemes based on your changing financial needs. SIPs are also convenient to set up and manage, most mutual fund houses and platforms allow online registration, tracking, and modification. With auto-debit options, the investment process becomes hassle-free and consistent. SIPs reduce emotional decision-making Investing through SIPs can help reduce emotional reactions to market fluctuations. During periods of market volatility, investors may be tempted to redeem their investments out of fear. SIPs promote disciplined investing by encouraging you to stay invested regardless of short-term market movements. Over the long term, this discipline can lead to better outcomes than trying to time the market, which is often difficult and counterproductive. Staying committed to your SIP strategy While SIPs are a useful tool, their success depends on your commitment and consistency. Here are a few tips to stay on track: Link your SIPs to specific financial goals Review your mutual fund portfolio periodically Step up your SIP amount as your income grows Avoid discontinuing your SIP during market downturns SIPs work when you stay invested through market cycles. Over time, this approach can help you navigate volatility and build wealth gradually. Conclusion Achieving financial freedom is not about chasing the highest returns or making one-time big investment. It's about making informed, consistent choices that compound over time. A mutual fund SIP plan offers a simple, disciplined, and flexible way to invest towards your financial goals. By staying invested, choosing funds aligned with your risk profile, and increasing your contributions as your income grows, SIPs can play a key role in helping you achieve financial independence. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Bajaj Consumer Care Ltd leads gainers in 'A' group
Bajaj Consumer Care Ltd leads gainers in 'A' group

Business Standard

time41 minutes ago

  • Business Standard

Bajaj Consumer Care Ltd leads gainers in 'A' group

JM Financial Ltd, Man Infraconstruction Ltd, KRBL Ltd and Usha Martin Ltd are among the other gainers in the BSE's 'A' group today, 24 June 2025. JM Financial Ltd, Man Infraconstruction Ltd, KRBL Ltd and Usha Martin Ltd are among the other gainers in the BSE's 'A' group today, 24 June 2025. Bajaj Consumer Care Ltd soared 18.01% to Rs 199.2 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 5.68 lakh shares were traded on the counter so far as against the average daily volumes of 29643 shares in the past one month. JM Financial Ltd spiked 9.01% to Rs 151.9. The stock was the second biggest gainer in 'A' group. On the BSE, 14.07 lakh shares were traded on the counter so far as against the average daily volumes of 3.68 lakh shares in the past one month. Man Infraconstruction Ltd surged 7.68% to Rs 173.1. The stock was the third biggest gainer in 'A' group. On the BSE, 91150 shares were traded on the counter so far as against the average daily volumes of 67041 shares in the past one month. KRBL Ltd spurt 7.67% to Rs 358.65. The stock was the fourth biggest gainer in 'A' group. On the BSE, 39195 shares were traded on the counter so far as against the average daily volumes of 43629 shares in the past one month. Usha Martin Ltd gained 7.59% to Rs 333.65. The stock was the fifth biggest gainer in 'A' group. On the BSE, 1.64 lakh shares were traded on the counter so far as against the average daily volumes of 22145 shares in the past one month.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store