It is another cautionary tale of ambitious startups that attempted to conquer new markets and grow rapidly only to come up against a funding winter amid global market turmoil this year.
The risk-off sentiment in global markets has resulted in outflows from Indian shores, puncturing valuations of listed firms here. This gives long-term investors an option to buy resilient balance sheets at a bargain.
Shares of IDFC First Bank and RBL Bank have been on an upswing for the past one month but concerns over unsecured loans and higher operating expenses have not abated.
ICICI Bank’s valuation boost began more from HDFC Bank’s troubles than its own outperformance. But the first-quarter performance of both lenders shows that ICICI Bank’s outperformance is the main driver of valuations.
SpiceJet is the largest cargo airline in the country. It is the profitability of the division that the company management wants to capitalise on
City Union Bank’s stock has corrected 28% from the peak. Valuation has moderated to 1.2 times book value estimated for FY24, way lower than its three-year historical average of 2.6 times, and peak valuation of 3.8 times book value. Is it time to buy the stock? Watch the video.
In this edition of Policy Talks, Yatish Rajawat - founder of Centre for Innovation in Public Policy, a think tank that also works in the emerging technology space - talks to Harish Mehta - a veteran IT stalwart and author of The Maverick Effect which charts the journey of NASSCOM - on how startups in the country need an association that will help them widen their goals and targets.
Coming up on markets with #SantoAndCJ at 3 PM | #ICYMI What early 2000s can tell you about bear market rallies? Also, Santo & CJ’s take on DLF, 3M India, Atul Auto, Sudarshan Chemicals and Granules India.
Nifty 50 closed above the 20 DMA on Friday and is likely to cross the 16,400 level. Also, know why Santo and CJ are tracking M&M, JSW Steel, Tata Power, TNS Clothing, and Nykaa.
MTAR Technologies is a growth stock available at reasonable valuations. Recent correction offers opportunity in light of the low valuations. Watch the video for more.
Aditya Birla Fashion and Retail posted a decent March 2022 quarter performance. The company will scale up its core brand business and is targeting multi-fold growth in new businesses of innerwear and ethnic. Watch the video to know why Moneycontrol Pro has a positive stance on the stock.
At the current market price, SBI is trading at 0.7 times the core book value estimated for FY24 and is attractively priced. MC Pro believes the stock is poised for a re-rating. Here’s why
The startup plans to harness the funds to mobilise and accelerate AI and ML-based logistics and supply chain services, anticipating market trends and risks as well as to support consequent research and development, among others, it said in a statement.
Based on the upper end of the price band, Delhivery IPO is being valued at roughly 6 times of its sales. Investor sentiment has turned sour in the past few months and the prevailing macro conditions do not support a bullish outlook for companies with such fancy valuations. Watch the video to know what MC Pro recommends
Saregama trades at an FY24 PE of 42.5x, above international peers like WMG & UMG. Investors should use market volatility to build a position in the stock. Here’s why
The government’s inability to get its original valuation and a lower issue size raises the risk of more dilution rounds
The top Indian IT companies that have declared their results may differ in growth and margin numbers but the one thing that ties them all together is the increasing attrition rate
The stake sale values Tata Power’s renewable energy subsidiary at Rs 34,000-38,000 crore, lower than the Street's estimate of Rs 45,000 crore
It important to note that the property in a developing location may have more chance of value appreciation in the next few decades.
Shares of ITC gained over 16% in March, the most in sixteen months, at a time when its peers' stocks were dropping. How did ITC outperform its peers and the broader market? We find out in this video.
At the current market price, Relaxo’s stock is trading at a P/E of 59 times its FY24 projected earnings, which is close to its medium-term historical averages. MC Pro is once again optimistic about the stock post-recent correction. Watch the video to know why.
Bosch’s shares are trading at 25.5 times FY23 projected earnings, which is at a discount, compared to its long-term average of 29.5 times. We believe the valuation is comfortable for a company of its standing, and advise investors to accumulate the stock. Here’s why
At the current market price, HG Infra’s stock is trading about 9 times its FY23 projected earnings, which is at the lower end of the long-term historical average. Here’s why we believe you should buy the stock despite near-term headwinds.
Cochin Shipyard is currently trading below the replacement value, and the market seems to be pricing in the worst. MC Pro's contrarian view suggests this could be a great opportunity to add the stock, particularly because two major risks — relating to the quality of business and the promoters - are almost absent. What are the key tailwinds in store? Watch this video to find out.
Do ESG funds justify the hype?