Madhu Kela

Singularity Large Value Fund I, II, and III - owned by Madhusudan Kela and son Yash Kela - have acquired 62.5 lakh shares (two percent stake) at Rs 142.55 per share. At the same price, Ramesh Damani too has picked up 8 lakh shares, while Utpal Sheth has bought 17.5 lakh shares. In addition, FE Securities and Samyak Enterprises each have purchased 14.55 lakh shares.

EY's TMT deal's spearhead Ajay Shah headed to financial services outfit backed by Madhu Kela

Ajay Shah has been with EY since 2007 and has advised on deals including the PVR- Inox Leisure merger, Bodhi Tree's $600 mn investment in Allen Career Institute and the stake buy by Warburg Pincus in Avanse Financial Services

It's a painful period but not a risk for long-term survival of India: Madhu Kela on market correction

'Indian markets are superbly resilient as there is a growth story... We have more than 1,500 companies with more than Rs 1,000 crore market cap. In no other emerging market, you can see this kind of variety. I'm very bullish on the India story, says Madhusudan Kela.

Earnings should pick up in two quarters, market looks 'constructive', says Madhu Kela

MK Ventures' Madhu Kela believes the recent fall has helped in the consolidation phase, and the stock market is extrapolating weak earnings of previous two quarters for the rest of the year, which should revive.

Madhu Kela says overvalued PSUs seeing correction; buying should emerge at ‘right price’

The value investor, who has been rallying behind PSU stocks for quite some time, believes there are some pockets that are overvalued and the correction is actually a good sign

Madhu Kela’s top three bets: PSU banks, pharma, tourism stocks

Madhusudan Kela believes that the tourism sector has tremendous potential, specifically religious tourism

Govt’s Rs 50,000 cr divestment plan to not have any impact on PSUs: Madhusudan Kela

Comparing the PSUs with corporates Madhusudan Kela said that in the last three years, the government has underpromised and overperformed

Madhu Kela’s wife adds to her stake in Sangam India: Know what the company does

Its main business activities are textile and garment manufacturing. In its decades of operations, the company has expanded its product portfolio into a full value chain in textile, manufacturing of yarn, fabric, fabric processing and garment

‘It’s better to grab your seat before it gets too crowded,’ says Madhu Kela on banking sector

Kela is bullish on banks but says he would avoid the smaller lenders for now because the larger ones are still so cheap.

Manufacturing sectors will benefit from Atmanirbhar Bharat & PLI scheme: Madhu Kela

"Too many things are coming for a good market ahead. If you look at what all is done apart from liquidity, with these kinds of low-interest rates companies are benefitting," said Kela.

2Cs responsible for biggest single-day drop in Sensex; what should investors do?

D-Street is clearly playing red holi this year, you’ve likely heard that investing in stocks and bonds is a good way to diversify your portfolio.

Here is why Madhu Kela is not worried about volatility in the market

Advocating a stock-picking approach, the ace investor pointed out how the "hunky dory" days of the 2017 bull market are now over.

Nifty hits magical number of 10,000: 'Picture abhi baki hai' say D-Street veterans

Political stability, along with stable macros and a strong currency are some of the factors which have made India as one of the sought out destination for global investors.

How to be as rich as Rakesh Jhunjhunwala? Here's Ridham's answer

Speaking at a panel discussion during the Mission Prosperity launch event, Ridham Desai, Head of India Equity Research and India Equity Strategist at Morgan Stanley, said that if you are willing to give up your monthly salary, then mutual funds can make you as wealthy as Rakesh Jhunjhunwala.

Madhu Kela's investing mantra: MFs best way to save & grow money

Always seek the advice of professional mutual fund managers and invest in those funds that have been consistent performers over the last 10-20 years, and have generated money in good and bad times, says Madhu Kela, Chief Investment Strategist, Reliance Capital.

Union Budget 2017-18: Least volatile; disappointed with no change in corp tax

Deepak Parekh, Chairman, HDFC is disappointed that there was nothing on corporate tax, except a proposal to cut corporate tax rate for MSMEs (Micro Small and Medium Enterprises) having revenues less than Rs 50 crore to 25 percent.

Govt spent every rupee promised in FY16-17: Vallabh Bhansali

Watch Madhu Kela of Reliance Capital and Vallabh Bhansali of Emam Securities discuss demonetisation and a host of various other issues as also the way forward for India.

Demonetisation: Situation could stabilise by January end, says Reliance Cap

Speaking to CNBC-TV18 Madhu Kela, Chief Investment Strategist, Reliance Capital said that pain from demonetisation is coming down. Queues are coming down in banks, he said, adding that he sees the situation getting stabilised by January end.

If Nifty corrects to 8000, buy big time; like liquor cos: Kela

In case, for any reason the market corrects 10 percent from its peak to the level of around 8000, it would be a big buying opportunity, especially for all those who missed the rally, said Madhu Kela, Chief Investment Strategist, Reliance Capital .

Cautious on NBFC sector, says Madhu Kela

Madhu Kela of Reliance Capital has a cautious view on the NBFC space.

Look at FMCG space, says Madhu Kela

Madhu Kela of Reliance Capital is of the view that one can look at the FMCG space whenver stocks becomes cheap.

'If you want to make outsized returns, buy during uncertainty'

Madhu Kela of Reliance Capital, who called the bottom of the market around its 6,800 lows in February, added that near-term returns, especially in stocks that have bounced sharply since (such as public sector banks), may be subdued.

Budget 2016: LTCG & DDT won't be taken well by market says Madhu Kela

In an interview to CNBC-TV18's Udayan Mukherjee & Sonia Shenoy, Madhu Kela, Chief Invst Strategist at Reliance Capital and Ashok Wadhwa, Group CEO at Ambit Holdings gave their expectations on Arun Jaitely's Union Budget and their outlook on the road ahead.

Buy shares in hoards if Nifty tests 7,500 next year: Madhu Kela

There is a lot of uncertainty for global markets going into next year, with the biggest being how the Chinese slowdown plays out, but former star fund manager Madhu Kela says he would "thump the table" and buy Indian equities should the Nifty were to fall to 7,500 or below.

Sunil Singhania's investing approach: Believe in numbers

A hawk-like focus on the balance sheet along with a conservative nature tuned to avoid irrational risks -- that is what makes Sunil Singhania ticks.