BUSINESS
Ramesh Damani, Nilesh Shah, others weigh in on post-election market outlook as Mumbai goes to vote
Veteran investors including Ramesh Damani, Hiren Ved, Atul Suri, Nilesh Shah and Sridhar Sivaram, after casting their votes, shared their expectations and the sectors poised for continued growth
BUSINESS
Stock Radar: Vodafone Idea, Jindal Saw, Biocon, ZEEL in focus today
JSW Steel, Zee Entertainment Enterprises, Zydus Lifesciences, Amber Enterprises India, Astral, Balkrishna Industries and Balrampur Chini Mills will release March quarter earnings on May 17
BUSINESS
Trade Spotlight: How should you trade NHPC, CDSL, L&T, M&M, Hero Motocorp and others?
CDSL stock has formed a long-legged doji on the daily chart, indicating market indecision
BUSINESS
Trading Plan: Will Nifty, Bank Nifty continue to rise in near-term?
The Nifty 50 settled 113.80 points or 0.51 percent higher at 22,217.8 and Nifty Bank rose 105.35 points or 0.22 percent to 47,859.45 on May 14
BUSINESS
New SME IPO: Solar PV, Lithium-Ion battery maker RCRS may go public in mid-June to raise Rs 30 crore
RCRS IPO: Noida-headquartered RCRS manufactures and markets lithium-ion batteries and Solar PV (Photovoltaic) Modules under the EXEGI brand
BUSINESS
Archit Nuwood files DRHP to launch India’s 2nd-largest SME IPO; maybe priced at Rs 260-280 per share
On a standalone basis, in FY23, the company's revenue from operations grew 4 percent to Rs 151.16 crore, from Rs 145.47 crore in FY22, while EBITDA grew by around 76 percent to Rs 20.22 crore, from Rs 11.49 crore.
BUSINESS
Promoter stake sales surge 93% in FY24, experts expect trend to continue
Market experts say that promoters offloading a small stake should not raise alarm bells, but if they have been paring their stake continuously over the years, then it does warrant a closer look.
BUSINESS
Saurabh Rungta’s pre-election strategy: Book profits in mid and smallcaps, allocate funds to largecaps
The MD and CIO of Avendus Wealth Management says HNIs have not been entering the SME space meaningfully because of bad experiences earlier
BUSINESS
Mobilisation via corporate bonds hits all-time high in FY24
The highest mobilisation through debt private placements during the year was by NABARD (Rs 65,393 crore) followed by REC (Rs 52,140 crore), HDFC (Rs 46,062 crore), PFC (Rs 45,130) and SIDBI (Rs 38,600 crore)
BUSINESS
Strong PE activity, surge in M&As drive 469 deals valued at $24.5 bn in Q1 of 2024
The $8.5-billion mega-merger between Reliance and Disney was the highlight of the quarter, making a significant portion of the overall deal value in Q1
BUSINESS
IPO lock-in expiry: Shares worth Rs 1.47 lakh crore to enter market between April and July
The lock-in period of Global Surfaces, Sai Silks (Kalamandir), JSW Infrastructure, Platinum Industries and Exicom Telesystems opened on Monday with the stocks of all five companies ending the session in green
BUSINESS
Ixigo flies high in pre-IPO market while Oyo slumps, Mobikwik makes a comeback
Market sources suggest that the continuous decline in Oyo’s valuation is because of ambiguity over its listing because of poor appetite for the stock at prevailing valuations
BUSINESS
Semiconductor stocks on fire, defy bearish mood in mid and small caps
The government's ambitious semiconductor initiatives has got the Street excited, sending stocks such as SPEL Semiconductor, ASM Technology, CG Power, and Linde India soaring 70-200 percent over the past year
BUSINESS
Mutual Fund Stress Test: Quant MF says 'all is well', no signs of euphoria in Indian equities
The stress test result showed that it would take 22 days for 50 percent portfolio liquidation in Quant Small Cap Fund and 6 days in the Quant Mid Cap Fund
BUSINESS
Market veterans highlight threat crypto assets pose to capital markets
At the SEBI-NISM Research Conference, Uday Kotak, Nilesh Shah and Ashish Chauhan also spoke about the role the regulator can play
BUSINESS
Avoid sugar stocks, EVs may disappear like pagers if hydrogen fuel takes off: Cholamandalam Securities
Kant also explained how high interest rates are affecting rural consumption due to their high dependence on microfinance.
BUSINESS
Jaro Education weighs IPO route to raise Rs 600 crore
Jaro Education IPO: The offer will comprise a fresh issue of shares worth Rs 330 crore and an offer for sale worth Rs 270 crore by its founder Sanjay Salunkhe
BUSINESS
Exicom Tele-Systems IPO: Should you subscribe to Rs 429-crore public offer?
Exicom Tele-Systems IPO: The offer comprises a fresh issue of shares worth Rs 329 crore and an offer-for-sale (OFS) of 70.42 lakh shares, worth Rs 100 crore, at the upper price band
BUSINESS
Goldman downgrades ratings of SBI, ICICI Bank, Yes Bank, warns of stronger headwinds
Goldman Sachs downgraded State Bank of India, ICICI Bank and Yes Bank, saying that the ‘Goldilocks period’ is over for the financial sector
BUSINESS
Promoter selling no longer a red flag; these 10 stocks have doubled despite stake sale
Stocks of HDFC Asset Management Company, TD Power System, Jindal Stainless and many others have doubled in the last one year despite promoters offloading anywhere between 9 percent and 24 percent
BUSINESS
IPO rush: 66 issues targeting Rs 72,000-crore lined up for FY25
The biggest IPOs in the pipeline are OYO (about Rs 8,430 crore), Ebix Cash (Rs 6,000 crore), NSDL (Rs 4,500 crore), First Cry (Rs 4,000 crore) and Digit Insurance (Rs 3,500 crore)
BUSINESS
Ram Mandir may attract 50 mn tourists a year: Jefferies assesses the Ayodhya multiplier
The makeover of Ayodhya is now set to transform the ancient city into a global religious and spiritual tourist hotspot
BUSINESS
IPOs worth Rs 75,000 crore expected in 2024, NSDL may go public this year: Pranav Haldea
Pranav Haldea expects the most awaited National Securities Depository Limited’s (NSDL) IPO to hit the market in 2024
BUSINESS
Retail investors shouldn’t rush into IPOs, wait for prices to stabilise, says SEBI chief Buch
SEBI was working to resolve malpractices such as mule accounts and inflating of IPO application numbers, the SEBI chairperson has said
