BUSINESS
Shilpa Shetty could make a killing from Mamaearth IPO. Here's how
In 2018, Shilpa Shetty had acquired 16 lakh shares of Mamaearth at Rs 41.86 apiece, which amounts to 0.52 percent stake in the company. At a market capitalisation of Rs 10,685 crore, her investment will be worth Rs 55.5 crore
BUSINESS
RIL Q3 Preview | Revenue set to grow 21%, powered by Jio and retail
RIL's net profit is expected to grow 4.4 percent to Rs 16,366 crore from a year earlier and sequentially by 19.7 percent, according to the average of estimates of brokerages polled by Moneycontrol
BUSINESS
Asian Paints Q3 Preview | Profit may grow 8.7% on muted volumes
Volume growth will be affected by extended rainfall in October, which hurt festive demand, the easing of pent-up demand after the pandemic, and inflation, which has affected discretionary spending, analysts said
BUSINESS
HUL Q3 Preview: Revenue may grow 14% amid weak rural demand; ad spends to hit margins
The company is likely to post a 5 percent growth in volumes even as it faces inflation in the food segment
BUSINESS
Private sector banks better placed to handle RBI’s expected credit loss framework: Analysts
Analysts believe that the migration to this forward-looking model will be smoother for private sector banks than their public sector counterparts. Before we understand why, let us first find out what the new approach means
BUSINESS
Newly listed stocks catch mutual funds fancy, mop up Rs 850 crore in days
Almost half of the spend for the mutual funds was on KFin Technologies, while Sula Vineyards, Elin Electronics and Landmark Cars also saw significant buying by fund houses
BUSINESS
IPOs have to be priced better, issuances to be up by 30% in 2023: Kotak's S Ramesh
IPOs worth $9.5 billion were awaiting launch, while offers worth $6.6 billion had been filed with SEBI and were waiting for a go-ahead, Kotak Investment Banking has said
BUSINESS
HCL Tech Q3 Preview | Revenue growth set to outperform peers; profit may jump 10%
Total contract value seen flat in Q3 FY23 at ~$2 billion vs $2.38 billion in the previous quarter. The company sees deal wins continuing in North America, slowing down from Europe
BUSINESS
Infosys Q3 Preview | IT major may retain guidance amid muted growth; high furloughs to eat into currency gains
The company is likely to report a 2.8 percent quarter-on-quarter growth in revenue while net profit is expected to increase by 6.5 percent QoQ
BUSINESS
Q3 preview | FMCG margins set to expand but slow recovery in rural demand to play spoilsport
Most of the revenue growth will be driven by price hikes, while food will outperform personal care. Discretionary companies such as paints, jewellery, apparel and QSR face a demand slowdown, say analysts
BUSINESS
Asian Paints lines up Rs 2,000-crore additional capex for new plant amid competition
The company is exploring the possibility of making this investment and setting up the facility in the state of Madhya Pradesh
BUSINESS
TCS earnings data today: Muted revenue growth likely in a seasonally-weak Q3
Analysts expect constant currency growth of 1.9 percent on a quarterly basis
BUSINESS
Sugar stocks fetched sweet returns last year. Charts tell a different tale now
Record production, surging exports and the ethanol story is working wonders of Indian sugar companies. But can the past returns sustain despite an ongoing correction?
BUSINESS
P/E of 1,000? Investors cautious over huge valuation of Mamaearth IPO
Sky-high valuation, exorbitant advertising spends, and inconsistent profit have caught the attention of netizens
BUSINESS
Artistes body drags Zee to insolvency court, could merger with Sony get delayed?
While IPRS is an operational creditor, Zee's financial creditors like IndusInd Bank, Axis Bank and IDBI Bank have also dragged the company to the National Company Law Tribunal
BUSINESS
Contrarian calls | Investors don’t like Bajaj Finance, but analysts do. Vice versa for Coal India
Bajaj Finance declined over 3.5 percent for the month but the stock saw ‘buy’ calls increase from 19 to 20 and ‘hold’ calls came down to five from six
BUSINESS
HDFC, Adani Enterprises and other memed stocks of the year
Though many stocks made headlines this year, the ones that left a mark were those that were picked up by the meme community. Reddit, Twitter, and WhatsApp were all flooded by them and investors had a good laugh in a year marred by market volatility
BUSINESS
Back To Black: JSW Paints aims to break even in the decorative segment in the next two quarters
The company aims to double revenues annually, and grab 5-10 percent market share within the next 3-5 years, said Joint MD and CEO AS Sundaresan
BUSINESS
Midcaps vs largecaps: What should investors prefer in 2023?
Despite a lot of froth being taken out in 2022, midcaps are still expensive. The Nifty Midcap 100 is at a significant premium of 30 percent to its long-term average. Analysts, however, expect a correction in midcaps by next year, making valuations more reasonable to buy
BUSINESS
Despite market volatility, fund managers do not want to take big cash calls. Here’s why
Cash calls are usually taken when wealth managers want to protect investors’ money from the downside. “However, protecting the downside is only remembered for a short period of time. The bigger picture is always participating in the upside,” says Anoop Bhaskar of IDFC MF
BUSINESS
Elin Electronics IPO: Is low valuation reason enough to invest?
Elin Electronics IPO: The company will have to fight hard to gain market share from other private and unorganised players. Many brokerages have a subscribe rating on the issue. Religare views competition as the key risk
BUSINESS
Nuvama predicts $35 million inflow as Tata Motors replaces Dr Reddy's in Sensex today
Changes from the S&P BSE Sensex semi-annual rebalance (SAIR) will come into effect from the opening of market hours on December 19
BUSINESS
Moneycontrol Mutual Fund Summit | Financials emerge as top bet for 2023
Bank stocks remain the market’s darlings on the back of an increase in capital expenditure and the cleaning up of bad loans on their balance sheets.
BUSINESS
MC Interview | This fund manager believes ITC should be trading at Rs 200
There are only two people who know the Nifty target. One is God. The other is a liar. No one knows where the markets will go, Manu Rishi Guptha said
