BUSINESS
Bharat Highways InvIT the first publicly listed InvIT with only HAM assets: Management
The public issue of Bharat Highways Infrastructure Investment Trust (InvIT) was subscribed 8.02 times as investors bought 82.53 crore units against an offer size of 10.3 crore units
BUSINESS
IPO-bound Exicom Tele-Systems aims to increase revenue from EV charging solutions
The company expects further expansion, aligning with the projected 50-60 percent CAGR in the EV charging market over the next four years
BUSINESS
Hyatt operator Juniper Hotels rises after a quiet debut: Fundamentals in 5 charts
Juniper Hotels was India's largest initial public offer on record by a hotel developer and operator.
BUSINESS
Juniper Hotels working to bring down debt and turn profitable post IPO: Management
Juniper Hotels IPO: The company hopes to correct its leveraging in the coming year and the substantial savings from that are expected to improve its profitability.
BUSINESS
Pharma looks attractive due to valuations but isn’t a long-term play: Andrew Holland, CEO, Avendus Capital
He isn't impressed by defensive bets, FMCG, or IT either. While he doesn't see any catalyst to move the needle for the former, he feels the high interest rates in the US could impact the recovery of IT companies.
BUSINESS
Rashi Peripherals to halve debt post listing: CEO & MD
Rajesh Goenka and Kapal Pansari also said subsidiary ZNet Technologies should turn profitable in FY25 or FY26.
BUSINESS
Change in strategy towards secured lending led to improvement in asset quality: Jana Small Finance Bank MD
It remains to be highlighted that the issue was booked 34 percent on Day 1; while retail portion was booked 59 percent.
BUSINESS
IT & healthcare sector recovery is a reversion to mean than a secular trend: Ravi Dharamshi
The founder and CIO of ValueQuest also expects the Reserve Bank to undertake measures like open market operations or a CRR cut at its Feb 8 policy meeting to ease the liquidity situation, which should cheer the markets
BUSINESS
Apeejay Surrendra Park Hotels: 5 Chart Story
The company turned profitable in FY23 and commands a valuation that’s at a discount compared to its peers.
BUSINESS
More optimistic about power sector than ever: Vinayak Chatterjee
Vinayak expressed optimism, particularly in renewable energy, and also highlighted efforts in renewable power generation and the government's softened stance on coal thermal capacity
BUSINESS
Interim Budget, an arithmetic exercise; Expect higher infra allocation in full budget, says Vinayak Chatterjee
The full budget is sure to have higher allocations for infrastructure spending, even going up to 40 percent. A higher fiscal deficit may not be a bad thing, provided there is nation building happening, says Chatterjee.
BUSINESS
EPACK Durable’s journey in 5 charts
EPACK Durable’s valuations seem to be a bit on the higher side, but the company has outperformed in terms of profitability.
BUDGET
Expect lower personal income tax; reconsideration of capital gains tax regime for fixed income: Bala of Aditya Birla Sun Life
The government’s efforts to drive economic growth is helping to build a base not just one year or two years, but for the next 10 years, according to Bala
BUSINESS
Polycab will overcome the effects of tax evasion charges and bounce back, says Amit Jeswani, Stallion Asset
Polycab’s fortunes, impacted by tax evasion reports, will depend upon the annual results, due on January 18. Analysts expect the company to come out unscathed.
BUSINESS
Jyoti Automation to be debt-free by 2025: Parakramsinh Jadeja
After using the proceeds of the IPO that opened on January 9 to pay down dues, the company’s chairman and managing director expects interest expense to substantially decrease.
BUSINESS
Jyoti CNC Automation IPO: Financials, shareholding, comparison with peers in 5 charts
Jyoti CNC Automation IPO will close on January 11, and the price band has been fixed at Rs 315-331 per share
BUSINESS
Equity markets don’t appear exhausted but do seem frothy: TRUST Mutual Fund’s CIO
With 15 percent earnings growth and slightly expensive valuations, markets could offer high single-digit or low double-digit growth at the index level, said Mihir Vora.
BUSINESS
Happy Forgings expects normalised revenue growth over next 2-3 years
The company is eyeing acquisition in the forging and machining business space in India, says MD Ashish Garg.
BUSINESS
Muthoot Microfinance Rs 960-crore IPO explained in 5 key charts
The IPO will consist of both a new issue of shares and an offer for sale for existing shares of the promoters. Post issue, the cumulative shares of the promoters and MFL will go down to 55 percent. A look at the financials in five charts.
BUSINESS
Suraj Estate Developers to continue to focus on luxury segment, reduce debt
Upon the conclusion of this issue, the company expects to pay off around Rs 285 crore of debt, leaving approximately Rs 270 crore against a paid-up capital of Rs 500 crore.
BUSINESS
Expect another 5% rally in Q1FY25 for Indian markets, ahead of general elections: Andrew Holland
Capital gains tax, Chinese stimulus could change the narrative for Indian equities. He says the rally in the first quarter of FY25 could be led by banks, IT and metals.
BUSINESS
DOMS Industries to see normalise revenue growth at 20% in FY24
In an exclusive chat, the company’s CEO and CFO chart out the road ahead, the importance of market share and why toys are a serious business.
BUSINESS
India Shelter Finance Corporation IPO: Explained in 5 key charts
The company’s return on assets is higher than its counterparts while leverage is on the lower side.
BUSINESS
Need for More visibility in export markets Takes Inox India Public: Promoter Siddarth Jain
The IPO is entirely an offer for sale (OFS) of up to 2.21 crore shares by its existing shareholders and promoters. It remains to be noted that selling shareholders will be getting multi-fold returns to its investments with this initial public offering.
