BUSINESS
Indian equity markets are expensive but still better-placed globally: Raamdeo Agrawal
It is unlikely that FIIs would be sellers for two consecutive years, the Chairman & Co-Founder of Motilal Oswal Financial Services, said. In fact, he expects FIIs to be buyers of Indian equities over the next 3-4 years.
BUSINESS
JSPL Q1 Results: Net profit drops 14% to Rs 1,686 crore but beats estimates
Bloomberg consensus had estimated JSPL's net profit of Rs 688.7 crore for Q1FY24.
BUSINESS
TVS Supply Chain Logistics to retire long-term debt, but not go debt-free: Management
The Rs 600 crore that will be garnered by the company from the fresh issuance of shares will be used to pare its debt.
BUSINESS
Jhunjhunwala-backed Rare Enterprises holds 6-month lock-in post Concord Biotech listing
Concord Biotech's financial landscape has undergone notable shifts, with operational margins stabilising around 40-42% in 2023.
BUSINESS
Yatharth Hospital plans to be debt-free and improve occupancy per bed in next two years
The IPO was subscribed 1.08 times as of 5:00 pm on July 26, the first day of subscription
BUSINESS
IT sector is at an interesting juncture but volatility is expected in the near term: Kotak Mahindra AMC's fund manager
IT sector has been on an ascendancy. IT sector If a 25-year trend is taken into account, it tends to move up, says Harish Krishnan.
BUSINESS
Motilal Oswal Financial initiates coverage of 3 microfinance institutions
CREDAG, Fusion, and Spandana together have a 27 percent share of the loans in the non-banking financial company-micro finance institution sector
BUSINESS
Netweb Technologies to launch IPO today: Things to know before you buy it
Netweb Technologies IPO: The public issue aims to raise Rs 631 crore and includes an offer for the sale of 8.5 million equity shares. The price band for the shares has been set at Rs 475-500 per.
BUSINESS
Utkarsh Small Finance sees oversubscription on the back of brisk growth prospects
While the bank’s growth is robust, a key concern for Utkarsh is its low CASA level of 20.8 percent. Another issue is its high concentration in two states, Bihar and Uttar Pradesh.
MARKETS
Equity market reasonably valued; sentiment upbeat, not euphoric: Gautam Duggad, Head of Research, Motilal Oswal Financial Services
Despite the rally, Indian equity market has underperformed other global markets, such as the United States, Japan, and some markets in Europe.
MARKETS
Utkarsh Small Finance Bank refiled for IPO to fulfil RBI’s regulatory requirements
Internal decision of refraining from pursuing OFS along with Covid were the key reasons for withdrawing IPO in 2021, says Utkarsh's CEO
BUSINESS
Titan rises to lifetime high, but valuation no longer cheap: Amit Jeswani
Titan trades at 65 times its estimated FY24 earnings, on the higher end of the valuation curve
BUSINESS
Maruti may have crossed Rs 10,000 after 6 years but I prefer M&M: Gurmeet Chadha
India’s two-wheeler industry did not have any significant volume growth from 2016 to 2022, and has only recently started to recover to pre-COVID levels, but things will get better, said the co-founder and CEO of Complete Circle Capital.
BUSINESS
Suzlon shares soar, but headwinds could be building up
The company's market capitalisation has multiplied by over 2.2 times in the last two months, reaching Rs 22,500 crore from Rs 1.01 lakh crore. The stock price has increased by more than 100 percent in the period.
BUSINESS
Senco Gold to leverage its balance sheet for growth; region-specific focus to continue: CEO
BUSINESS
Higher probability of 5-7% correction in market than chance of a 10% upside: Ashish P Somaiya
BUSINESS
Margins to improve over next 2 years; will retain some debt: Cyient DLM
BUSINESS
ESOP payouts hit Ideaforge margins, CFO hopes to cut down such expenses
BUSINESS
HMA Agro Industries IPO receives 55% subscription on Day 2
BUSINESS
Five midcap gems with the highest return potential
BUSINESS
Don’t blindly follow big investors – they too make mistakes: Porinju Veliyath
BUSINESS
2 investment themes and 3 preferred bets of Porinju Veliyath
BUSINESS
Britannia shares reach new milestone; analysts see more than 50% upside
BUSINESS
Zee shares recover, but speculation continues over company's merger with Sony
