Mon, Feb 12, 2024 9:14 AM
Big movers on D-Street: What should investors do with RVNL, BEML!
A Flip by Avya Verma
Bitcoin price reached a fresh all-time high today, topping $75,000, as former President Donald Trump’s odds improved in the US election, bolstering the pro-crypto sentiment. The cryptocurrency price surged on optimism that a Trump victory could drive the digital asset sector forward, thanks to his campaign promises to make the US a global crypto hub.
Open Flip
Shares of Trump Media & Technology Group, the social media company founded by former U.S. President Donald Trump, surged as early results from the U.S. presidential election began to roll in. The stock rallied 10% by the close of formal after-hours trading on Tuesday, the US Election Day. The upward momentum continued during special late trading on the Robinhood platform.
Open Flip
Swiggy pioneered India's hyperlocal commerce industry, leading in food delivery and quick commerce with high growth potential. The company is expected to grow 17-22% and 60-80% in these segments, respectively, over CY23-28. Despite being loss-making, the IPO is reasonably priced at 7.8x FY24 Market Cap to Sales.
Open Flip
