Little-known Parnax Lab has come a long way from posting losses a few years back. Can it see better days ahead?
Munjal — chairman Hero Group‘s insurance redistribution and IT services arm — and Poddar — chairperson of Adventz Group — are negotiating with the former IDFC Securities analyst Nikhil Vora to buy into 0.35 percent stake (1.6 lakh shares) he holds in Paytm.
In an interview to CNBC-TV18, Nikhil Vora, Founder & CEO of Sixth Sense Ventures spoke about various stocks and sectors and also shared his readings and outlook on demonetisation.
The company will use these investments to beef up hiring, scale up operations and explore new verticals, it added.
Lashit Sanghvi and Neha Sanghvi bought 1,25,000 shares each of Ashapura Intimates at Rs 145 on the BSE.
Nikhil Vora, MD & Head-Research, IDFC Securities says, recapitalisation of aviation in India would not only make it competitive but also profitable.
Nikhil Vora, MD & Head - Research a, IDFC Securities is positive on technology space. "It seems to be a fairly decent time to be in that space," he adds.
Nikhil Vora of IDFC Securities believes that USL's business will become at least three times more profitable than it is today and sees profits moving from Rs 400 crore to Rs 1200 crore in next three years.
Nikhil Vora, Managing Director & Head - Research of IDFC Securities is bullish on United Spirits.
India's biggest cigarette maker is going on a health kick. ITC Ltd sells 80% of the cigarettes in the world's second most populous country where 275 million people use tobacco products.
Nikhil Vora, MD, IDFC Securities tells CNBC-TV18 that market appears to be in a punitive mood on the latest political developments emerging from these scams.
Speaking to CNBC-TV18, Nikhil Vora, managing director and co-head research at IDFC Securities, said that the market will not see any upside surprise on earnings quality; however, he expects 15-16% of earnings growth in FY12.
Over the course of the past few weeks we have been talking about various asset classes and how to go about investing in them. Perhaps the backbone or the central theme of any investing lies in how you analyze a company or the worth of a particular asset and then reach a logical conclusion.
Nikhil Vora of IDFC, in an interview on CNBC-TV18 gave his views on how he read the budget presented by finance minister Pranab Mukherjee for financial year 2011-12.
However, Nikhil Vora, MD, IDFC Securities is optimistic on HUL. According to him the double-digit volume growth is strong point for the company. In an interview to CNBC-TV18, Vora said that going forward calibrated price hike is expected on FMCG products.