Epack Durables IPO opens tomorrow. What GMP signals ahead of subscription
Epack Durables IPO will open for subscription on Friday. The company’s shares are currently trading at a premium of Rs 15 in the unlisted market. The IPO consists of a fresh equity issue of up to Rs 400 crore and an offer for sale of up to 10,437,047 shares by selling shareholders. Epack Durables is […]
Budget may disappoint stocks related to government capex: Jefferies
Jefferies said it is not expecting an immediate tax hike, considering elections, some post-election measures such as higher capital gains tax are possible during the year.
JK Tyre, Saregama among 6 smallcap stock picks by Emkay
Emkay lists its top smallcap picks for near term
Paytm Q3 result preview: Losses to narrow on improved operating performance; solid revenue growth eyed
Paytm Q3 result preview: Paytm is expected to post solid revenue growth for Q3. Revenue from operations may grow 32% YoY and rise 8% sequentially. Losses are expected to narrow to Rs 280 crore. Analysts expect operating profit to increase, driven by improved contribution margin. In Q2, Paytm’s revenue from operations improved 32%.
Tech View: Nifty forms high wave type candle. What traders should do on Friday
Having declined sharply, there is a possibility of a pullback rally in the short term, which is expected to be a ‘sell on rise’ opportunity. Important resistance to be watched at 21,700-21,800 levels.
Bitcoin ETF approval: How has the crypto market outlook changed
The recent approval of 11 spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has sent ripples of excitement through the global crypto community.
Spiritual Tourism is the new buzzword on D-St! Don’t ignore these 6 stocks for your long term portfolio
The emerging industry of spiritual tourism, which focuses on inner peace and connection with the divine, has gained popularity, especially after COVID-19. The Ayodhya Ram Mandir in Ayodhya is expected to become a hub for spiritual tourism, attracting thousands of visitors daily. The government’s efforts to revive tourism sites and the contribution of tourism to […]
HUL Q3 results preview: Subdued show to continue on muted demand, weak pricing environment
HUL Q3 results preview: HUL expected to report muted Q3 numbers with 6% YoY growth in net profit to Rs 2,653 crore, and 1% growth in revenue to Rs 15,378 crore. Volume growth is affected by uneven rainfall and subdued rural demand. Price cuts in the soaps category are likely to weigh on topline. EBITDA […]
Expect a deeper correction; not buying anything at this point of time: Dipan Mehta
Dipan Mehta predicts a tough earnings season with volatility and muted earnings for blue chip companies due to high expectations and the base effect. He advises trimming positions and not investing further at these levels. He expects a deeper market correction and suggests booking profits, especially in stocks with suspect fundamentals. Mehta believes that financials […]
Medi Assist IPO allotment likely today: Check status, GMP, listing date
Medi Assist Healthcare will finalize share allotment to investors today evening. Investors will be allocated shares on a lottery basis. Investors can check allotment status on BSE or registrar website. IPO was subscribed 16 times, commanding Rs 25 premium in unlisted market.