BUSINESS
Vishnu Prakash R Punglia offers bumper listing gains: What should you do now?
Some analysts contend that after hefty gains, valuations have caught up. Though others counter that the industry in which the company operates has strong growth potential and hence the stock makes sense for a long term investment.
BUSINESS
Mapping the meteoric rise of Nifty stocks: What drove prices – earnings or enthusiasm?
One of the most quoted adages of the market is that stock prices are slave to earnings. But, are they? We analysed earnings of Nifty 50 companies since 2020, and their price performance to understand how much of that price rise can be explained by earnings and how much has come on the pack of momentum, herd buying or any other reasons.
BUSINESS
Ratnaveer Precision Engineering IPO fully subscribed within an hour. Should you apply?
Ratnaveer Precision Engineering IPO: The Gujarat-based company is looking to raise Rs 165.03 crore. The IPO comprises fresh issue of 1.38 crore equity shares, amounting to Rs 135.24 crore, and an offer-for-sale of 30.4 lakh shares
BUSINESS
Aeroflex Industries sees selling pressure after bumper listing; here’s what analysts say
Despite expensive valuations at the higher end, the offer got stellar demand for its unique eco-friendly product which is said to be an alternative to rubber based hoses and business demand for both international and domestic markets which justifies the premium listing.
BUSINESS
Why Mukesh Ambani is betting on Reliance Retail to spearhead RIL’s future growth
RIL is banking on India’s per capita growth to lead its retail business’ explosive growth. India’s per capita income will likely hit $10,000 by 2050, going by the trend in the last 10 years. Ambani expects its retail business to ride this growth.
BUSINESS
With singular focus on margins, IPO-bound EMS has a different outlook
This 13-year old company does not want to become too big, lest it has to dilute margins. It plans to raise Rs 320 crore in the second week of September
BUSINESS
Another Big Short? Michael Burry’s new bet may not be a big worry for India
In a regulatory filing, Burry's Scion Asset Management revealed last week that it bought put options for the SPDR S&P 500 ETF Trust and the Invesco QQQ Trust Series 1 ETF, which track respectively the S&P 500 and Nasdaq-100 indices. Scion's bet is worth a total $1.6 billion.
BUSINESS
The dark side of the moon: 5 Nifty midcap stocks that have bled investor wealth
Stocks such as Union Bank of India, Indian Bank, REC, all of them PSUs, have delivered more than 100 percent returns in one-year period but there are some that have left investors poorer
BUSINESS
Aeroflex Industries IPO opens for booking. Should you subscribe to the issue?
The company is valued at a PE multiple of 46.3x based on its FY23 earnings at the upper price band on post-issue capital. The company doesn’t have any listed peers in India, making it difficult to gauge its performance and valuation.
BUSINESS
India’s 401K moment: How domestic equity can counter FII selling and contribute to positive flows
Just as the 401(k) retirement plan lifted the US stock markets in the 1980s, India’s EPFO has the potential to boost local stocks by increasing its investments in equity
BUSINESS
Euphoria? A Rs 9 crore SME IPO gets bids worth over Rs 2,700 crore
The Hyderabad-based, four-year old spice maker has sizzled Dalal Street.
BUSINESS
F&O Manual | Banks take Nifty down after RBI policy but bulls keep their hopes up
Not all traders are seeing big a negative in this knee jerk reaction post RBI policy meet.
BUSINESS
Analyst Tracker | LTIMindtree, newest entrant to Nifty 50 league, slips into bear zone
Usually, new entrants into the coveted Nifty 50 index get fresh inflow by way of passive funds that follow the index, which leads to rise in share price.
MARKETS
MC Explains: US credit rating downgrade and its spillover impact on Indian market
The 1,000-point correction on the Sensex on July 2 seemed more of a knee-jerk reaction to a decline in credit rating for the US – from AAA to AA+ - that recreated a move made more than a decade back by S&P Global Ratings
BUSINESS
Bharti Airtel Q1 preview: Industry-leading show expected to continue
India mobile revenue growth is expected to be led by an improving mix with higher 4G and post-paid subscribers
BUSINESS
The biggest concern for Indus Towers now: Is growth potential diminishing?
The major concern that analysts point out is if the high rate of tenancy addition is unlikely to sustain as Bharti Airtel is close to completing its rural 4G rollout and 5G rollout over the next 12 months will largely come as loading.
BUSINESS
Piramal Enterprises slumps on shrinking operating profit; analysts mixed on future outlook
The company recognised a Rs 855 crore gain from the stake sale of Shriram Finance Limited.
BUSINESS
Honeytraps or Sea of Opportunities? Smallcaps seem to have divided the Street
No matter what, it is the truth that money is pouring into the smallcap space like water
BUSINESS
Netweb Tech off to a flying start, what should investors do?
Netweb Technologies listed at Rs 947, a whopping 88 percent premium to the issue price of Rs 500, which was expected as the IPO was subscribed 90.36 time
BUSINESS
Yatharth Hospital IPO opens, analysts upbeat: Should you bid?
Yatharth Hospital said it will utilise fresh issue proceeds for repaying debts, capital expenditure for hospitals, and funding inorganic growth initiatives, besides general corporate purposes.
BUSINESS
Buzzing Stocks: Tata Motors, L&T, Ceat, BPCL, Shree Cement, Bajaj Finance, others in news
Stocks to Watch: Check out the companies making headlines before the opening bell today.
BUSINESS
F&O Manual | Choppy market keeps bulls at bay; movement in Bank Nifty crucial for Nifty rally
Analysts believe the market is going through a consolidation phase but overall bullishness is intact. The rally may resume after a few things align for the indices.
BUSINESS
DLF keeps analysts bullish with strong earnings, new projects
DLF reported a presales of Rs 2040 crore which was flat quarter on quarter but down 76 percent compared to last year. However, analysts said it was in line with expectations.
BUSINESS
Buzzing Stocks: L&T, Tata Motors, SJVN, Relaxo Footwears, Bajaj Auto & others in news today
Stocks to Watch: Check out the companies making headlines before the opening bell today.
