State-owned Coal India (CIL) has become the third most valuable Indian company with a total market capitalisation (m-cap) of 2,09,671.6 crore and lags behind only RIL and Oil and ONGC. The coal behemoth added another feather to its cap last week when it replaced IT giant TCS to become the India's third most coveted firm. CIL added. 7,611.2 Crore to its valuation on Friday. According to market analysts, investors are optimistic about the stock and looking at the cash balance of the company it is likely that it may go for acquisitions either in the domestic space or overseas. Meanwhile, the cumulative market valuation of eight of the top-10 firms reduced by 57,044.1 crore in the past week. RIL, the country's most valued firm, witnessed a wealth erosion of 21,270.5 crore. Yet, with an m-cap of 3,26,207 crore this week-end, it still maintained its top rank in the top-10 companies as per their valuations.
Invest NPS Online Whether they invested through SIPs or put in a lump sum amount, risk-averse individ uals have earned the highest returns. These are investors who stayed away from stocks and divided their NPS corpus between G class gilt funds and C class corporate debt funds. On average, gilt funds have given 9.75% annualised returns while corporate debt funds have churned out more than 11% in the past five years. As a result, the average return for ultra-safe investors in the past five years is in double digits. Even in the short term, ultrasafe investors have been the biggest gainers among NPS investors. Will the good times continue? The gilt funds of NPS are holding long-term bonds with an average maturity of over 19 years and a modified duration of about 9 years.These funds have done well because interest rate cuts have pushed down bond yields. But experts say this trend will not stay forever. NPS is a long-term investment and the bonds are predominantly held to matu...
