Who Should Invest in Contra Funds?
The basic concept is that a high-priced stock will eventually normalise when the underlying factors resolve. A contra fund manager believes in buying such stocks at a lower price than long-term estimated prices.
The basic concept is that a high-priced stock will eventually normalise when the underlying factors resolve. A contra fund manager believes in buying such stocks at a lower price than long-term estimated prices.
The report, released just ahead of the US’s April 2 deadline for implementing reciprocal tariffs, has also cited high tariffs and price caps — which have not increased in line with inflation — as key obstacles for US businesses.
The Union government is planning to expand electric vehicle (EV) charging infrastructure across major sectors such as ports, roads, railways, and airports, while incorporating battery swapping facilities, a senior official said.
Haldiram Snacks Food (Haldirams), the Indian multinational snacks and sweets company, has entered into an agreement with Singapore-headquartered global investment firm Temasek to sell an equity stake
Ambuja Cements, part of Adani Group, in a top-level rejig, has appointed Vinod Bahety as its new CEO and designated the incumbent Ajay Kapur as the managing director.
Digital lending SaaS platform Biz2X, which has a current workforce of about 1,000, will hire over 200 professionals across AI, data science, engineering, product management, and technology in India in the next financial year.
The board of city-headquartered TVS Supply Chain Solutions Ltd decided to elevate R Vaidhyanathan as the new Global Chief Financial Officer, effective April 1, the company said.
Vedanta on Wednesday said its board has approved the appointment of Rajiv Kumar as CEO of its aluminium business.