Stocks to Watch, 28 August: Stocks like Sri Lotus Developers, InterGlobe Aviation, SMS Pharmaceuticals, E2E Networks, Mangal Electrical Industries, HFCL, Power Grid Corporation of India, Edelweiss Financial Services, and Dr Agarwal's Eye Hospital will be in focus on August 28.
TPG had held 7.47 crore shares (38.83 percent stake) in Sai Life just before the IPO launch, of which it sold 2.3 crore shares via offer-for-sale in the IPO in December last year. Since then, gradually it offloaded the remaining 24.78 percent shares including today's share sale.
Edelweiss MF, one of India’s fastest-growing AMCs, has reached a total AUM of Rs 1,52,200 crore as of June 30, 2025, reflecting a 44% CAGR over the last five years
The upward journey amid rangebound trading is expected to continue if the market defends the previous day's low. Below are some short-term trading ideas to consider.
Stocks to Watch, 21 May: Stocks like Gland Pharma, Dixon Technologies, KPR Mills, IRCON International, Nazara Technologies, Edelweiss Financial Services, Protean eGov Technologies, Axiscades Technologies, Accretion Pharmaceuticals, NHPC, United Spirits, Aster DM Healthcare, and Gujarat State Fertilizers & Chemicals will be in focus on May 21.
Stocks to Watch, 15 May: Stocks like Wendt India, Infosys, Hindustan Unilever, Brigade Enterprises, Genesys International Corporation, Wipro, Shilpa Medicare, Kirloskar Brothers, State Bank of India, Yes Bank, Gensol Engineering, Allcargo Logistics, Edelweiss Financial Services, Max Healthcare Institute, Navin Fluorine International, and Waaree Energies will be in focus on May 15.
The IPO will mostly be an offer for sale and help the parent firm cut its debt, the report said
India’s ARCs have an abysmal track record when it comes to recoveries and many are struggling to stay afloat. The RBI’s concern is serious governance lapses, something that it has warned in the case of Edelweiss ARC.
RBI said the action is based on material concerns observed during the course of supervisory examinations
Nicomac Machinery Private Ltd, an entity connected to the former promoter of the company Dr Ravi Penmetsa, sold its entire 19.55 lakh shares, a 1.19 percent stake at an average price of Rs 1735.31.
CLSA Global Markets PTE acquired 2,72,10,507 shares, a 2.88 percent stake at an average price of Rs 69.16 in Edelweiss Financial Services.
Experts agree that the directive will result in NBFCs making provisions because it may not be easy to withdraw investments in AIFs within the stipulated period
Edelweiss Financial Services is offering investors returns up to 10.66 percent per annum on its secured redeemable NCDs