BUSINESS
ITC Q4 Preview: Consolidated profit may rise 10-12% on 10% growth in revenues
Brokerages expect a healthy growth across its business of cigarettes, FMCG, Hotels and Paperboards with the exception of agri-business which is likely to remain flat.
BUSINESS
Ethos raises Rs 141.68 crore from anchor investors ahead of IPO
Ethos intends to raise around Rs 472 crore through the public issue that comprises a fresh issue of equity shares and offer for sale by the promoters and shareholders.
BUSINESS
Bharti Airtel Q4 Result | Net profit jumps more than 2x to Rs 2,008 crore; revenue grows 22% YoY
The strong growth in the bottomline of the company came from the resilient topline performance as the growth in consolidated net sales was aided by the tariff hikes undertaken by the sector in the past two quarters.
BUSINESS
Tepid listing of LIC causes lacklustre trading in most insurance sector stocks
Experts believe that personal savings and awareness regarding insurance will increase, enabling the sector to outperform in the long run and will indirectly benefit LIC
BUSINESS
Paradeep Phosphates IPO opens today: Should you subscribe to the issue?
Brokerages had positive reviews about the prospects of the company and recommend investors to ‘subscribe’ to the public issue given its fair valuations compared to its peers.
BUSINESS
Ethos IPO opens tomorrow: 10 key things to know before subscribing to the public issue
The price band for the offer has been fixed at Rs 836-878 a share, with the company looking to raise Rs 472 crore through issuance of fresh equity shares to Rs 375 crore and an OFS aggregating to Rs 97.29 crore
BUSINESS
LIC listing today: What should investors do with the stock after it debuts on bourses?
Given stock market volatility, LIC's debut may be muted, but experts advise investors not to panic and hold on to the stock from a medium- to long-term perspective.
BUSINESS
Paradeep Phosphates IPO opens tomorrow: 10 key things to know before subscribing to the public issue
The company aims to mop-up Rs 1,501 crore by a combination of fresh issue of equity shares aggregating upto Rs 1,004 crore and an offer for sale of 118,507,493 Equity shares with face value of Rs 10 each aggregating upto Rs 497.73 crore.
BUSINESS
LIC to make its debut tomorrow. What does it hold for the investors?
Considering the prevailing market scenario, experts expect a soft listing between +/- 5 percent to the offer price but they advise investors to look at the stock for long term only.
BUSINESS
Eicher Motors Q4 results | Consolidated net profit up 34% QoQ at Rs 610 crore; revenue grows to Rs 3,193 crore
The growth is led by YoY increase in average selling prices (ASPs) due to a richer model mix and price hikes taken over the past few quarters. This was however partly offset by YoY decline in volumes for Royal Enfield. Royal Enfield volumes during the quarter were down 10.4 percent on year, while the full year volumes declined 2.3 percent.
BUSINESS
Bank of Baroda shares gain after lender reports nine-fold jump in PAT for FY22
Advances during the year grew by 8.9 percent on-year while the organic retail advances grew by 17 percent and were led by growth across segments.
BUSINESS
State Bank of India Q4 Results Preview | Profit may surge 50% on healthy loan growth, asset quality
Experts expect slippages at 2 percent of loans (Rs 13,500 crore) mostly driven by SME and retail, while corporate continues to hold up relatively well
BUSINESS
Tech Mahindra Q4 Preview | Profit may grow 30% and revenue 24%
Experts expect the rise in employee attrition and travel costs to impact EBITDA margins, which are likely to shrink by around 235 bps on year and 35 bps on quarter to 17.6 percent
BUSINESS
Grey market trends don’t paint a bright picture for three IPOs now open to bids
The investor confidence in primary market is fluctuating with the prevailing market sentiments and the same is reflecting on the GMP of the IPOs currently open for subscription
BUSINESS
Larsen & Toubro Q4 Preview | Net profit likely to grow 21%; revenue 12-14% on construction business
The growth is aided by improved order flows and growth in EPC and construction businesses.
BUSINESS
Delhivery IPO: Should you subscribe? Here's what experts suggest
Most experts advise investors to ‘avoid’ the issue as the company is making losses with negative cash flows and has expensive valuations compared to its peers.
BUSINESS
Cipla Q4 results | Profit declines 12% YoY to Rs 362 crore; revenue rises to Rs 5,260 crore, misses estimates
Cipla’s One-India business continued the double digit trajectory during the quarter. As it crossed the $1 billion milestone in the domestic branded prescription business driven by the sustained growth across our acute and chronic portfolio
BUSINESS
LIC float tastes success as policyholders lap up mega IPO in hordes
Experts say that all the credit for success must go to policyholders as they were the major driving force behind the over-subscription, accounting for 60 percent of applications
BUSINESS
As Rainbow Children's Medicare skids on debut, what should investors do now?
Experts believe prevailing volatility and negative sentiments fuelled by the geo-political crisis and the interest rate hikes impacted the debut of the stock. But strong fundamentals and business model still make the scrip ideal for long term
BUSINESS
Venus Pipes & Tubes IPO opens on Wednesday: 10 key things to know
The price band for the offer has been fixed at Rs 310-326 per equity share of face value Rs 10 each. The shares are currently commanding a premium of Rs 20 per share in the grey market, implying a listing gain of 5 percent.
BUSINESS
Prudent Corporate Advisory Services IPO opens today: Should you subscribe?
Brokerages are not positive about the IPO and don’t recommend that investors subscribe to the offer. However, for those who want to invest, the brokerages advise subscribing 'with caution'
BUSINESS
Asian Paints Results Preview | Profit may rise 9% and revenue likely to grow up to 18%
With rise in crude prices and derivatives, which are the basic raw materials for the company, the overall input costs are expected to increase sharply. The price hikes are not expected to fully negate the rise in input costs.
BUSINESS
LIC shines in primary market, but further stake sale, fate of stock remain uncertain
LIC being a massive company with a considerable market share will continue to be attractive in the listed space, even though the insurance industry is becoming competitive with an increasing number of listed players
BUSINESS
Campus Activewear jumps 23.28 % on debut, what should investors do now?
Campus Activewear’s good listing in a volatile market highlights the inherent strength of its business and fundamentals. It has a huge runway of growth and the long-term prospects are good, experts say
