BUSINESS
UltraTech operating near full capacity but will add more for growth; sees shorter demand slowdown
The company expects to add around 15-17 million tons of capacity in the new fiscal year 2024-25
BUSINESS
Market veterans remember Abhay Aima - a friend, mentor, cowboy and generous soul
Industry colleagues and journalists expressed their shock about the passing away of the veteran leader known for his affable nature, irreverence and sharp common sensical approach to everything in life including markets.
BUSINESS
MC Exclusive: Minority shareholders file class action suit against ICICI Securities on delisting concerns
On March 28, in a board meeting, ICICI Securities had revealed that of the institutional investors 83.8 per cent voted positively, while in terms of retail investors only 32 percent of retail shareholders were in favour of the delisting.
BUSINESS
SBI Cards sees marginal rise in cost of funds, but confident to absorb increase
For Q4, the company reported a 7.4 percent cost of funds. In the previous quarter earnings call, the company had indicated that the full impact of the increased rate of bank borrowings for NBFCs will be felt in Q4
BUSINESS
As Kotak Bank trades at lowest price-to-book in history, should you buy in the dip? Analysts weigh in
As of March 2024, 148 MFs bought and 60 MFs sold Kotak Mahindra Bank. Currently, around 351 mutual fund schemes have Kotak Mahindra Bank in their portfolio.
BUSINESS
Large family-owned businesses a better bet than MNCs and professionally-managed companies for investors: ASK Capital
Between FY14 and FY23, returns delivered by family-owned-businesses have grown at a compound annual growth rate of over 8 percent, outpacing their non-family owned counterparts by far.
BUSINESS
Largecap valuations more comfortable now but midcaps offer long-term growth: MOFSL’s Siddhartha Khemka
Outperformance from mid- and smallcaps can be expected six months down the line. This could coincide with a rate cut or its anticipation, says Khemka.
BUSINESS
Minority shareholders contemplating action over ICICI Bank's delisting plan of I-Sec
ICICI Bank is planning to delist ICICI Securities, making it a 100 percent subsidiary of the bank. Quantum MF is among the shareholders opposing the move. They have raised concerns over the valuation as well as the merger process.
BUSINESS
Is the cement sector overvalued? Here's what market experts say
Most analysts and fund managers Moneycontrol spoke to advised caution on the segment, adding, however, that there were 'pockets of opportunity'.
BUSINESS
Premiumisation, Indigenisation and Infrastructure — ITI AMC lists three themes to watch out for
CIO Bhatia sees the breadth of participation in the market as a proof that the quality of the market is good. "A high quality market like this doesn't get disrupted very easily,” he says.
BUSINESS
This newbie infrastructure company has surged by 50% in just five days. What's behind this remarkable growth story?
After making its debut on NSE Emerge on March 18, with a 51 percent premium of Rs 131, the stock has surged by nearly 40 percent. This is the first EPC company to be listed in the SME segment
BUSINESS
Sensex @75K: Four risks investors should not rule out
Slowdown in earnings, poor monsoons and geopolitical conflicts could be a challenge going ahead, say experts
BUSINESS
Five segments which display micro-bubbles and three segments that look attractive
Paharia anticipates a gradual market shift towards high-quality, high-growth companies over the next one to three years, away from weaker quality, low-growth names.
BUSINESS
Can real estate continue to scale new highs?
After a stellar year, real estate stocks are quoting still higher, raising concerns over valuations
BUSINESS
Sensex @ 75,000: Robust economy fires up Indian equities; latest run up includes most sectors
The Sensex was up 382 points at 75,124.28 at open on April 9. This latest 5,000-point run in the index comes after just 82 days. Sensex had crossed the 70,000 mark in December 2023.
BUSINESS
Five things equity investors should look out for in the RBI Monetary Policy today
MPC will be keenly watched, although experts do not expect any change in rates or the monetary policy stance
BUSINESS
In Charts: Four reasons why Jefferies is bullish on the defence sector
Stocks of most large defence players have seen rapid gains over last five years. For example, HAL has gained over 9x, BEL has gained around 6x and Data Patterns has gained nearly 3x (over the last three years; listed in 2021).
BUSINESS
3 reasons why FIIs will continue to buy Indian equities in FY25 after pumping $25 billion last fiscal
Experts also believe that the upcoming elections would be a key trigger for a greater uptick in FII flows
BUSINESS
Consumer staples to recover gradually from H2, aided by likely normal monsoon: Nuvama
The Lok Sabha elections may create a temporary surge in demand, with incremental sales of 6-8 percent in Q1FY25 for small packs of snacks and biscuits, Nuvama has said
BUSINESS
Why Goldman Sachs is bearish on EVs yet bullish on hybrids
In the midst of the slowdown in EVs, the brokerage sees an increase in sales and demand for Hybrid Electric Vehicles (HEVs) and Plug-in Hybrid Electric Vehicles (PHEV)
BUSINESS
Markets in resting phase, be watchful of correction in momentum stocks: Samco's Umeshkumar Mehta
In a conversation with Moneycontrol, Mehta spoke about where he sees momentum stocks in the current market and where he finds pockets of opportunity in the small- and mid-cap space
BUSINESS
Wealth advisors cut small-cap allocation; say nothing to worry, partial profit booking at play
Moneycontrol has learnt that several wealth managers have gone underweight on small cap funds, even as they maintain that there’s no concern.
BUSINESS
Power Stocks: Momentum takes a hit but fundamental outlook on sector positive
In a recent report, analysts at Jefferies said opportunities in the power segment could come through increased capex and higher merchant prices for power due to the onset of summer. Over the past three months, the BSE utilities index has gained around 8 percent
BUSINESS
Not the time to chase alpha, but be closer to beta: Kotak’s Lakshmi Iyer cautions smallcap investors
In a conversation with Moneycontrol, Lakshmi Iyer cautioned investors to not try to outsmart markets with a large allocation to smallcaps as the segment looked stretched
