These 5 Nifty500 stocks saw highest increase in promoter pledge in Q3
Here is a look at companies from the Nifty500 pack where pledged shares by promoters have increased on a sequential basis. (Data Source: Trendlyne)
China tightens grip on stocks with net sale ban at open, close
The China Securities Regulatory Commission, led by newly appointed Chairman Wu Qing, has also created a task force with the nation’s stock exchanges to monitor short selling and issue warnings to firms that profit from the wagers, sources said.
Tech View: Nifty forms bearish engulfing pattern ahead of expiry. What traders should do on Thursday
The bullish chart pattern like higher tops and bottoms continued as the per daily timeframe chart and Wednesday’s swing high of 22,249 could now be considered as a new higher top of the sequence.
BlackRock, SBI Life among investors in Union Bank QIP
BlackRock Inc the world’s largest investment manager with close to $10 trillion in assets along with Hong Kong based Segantii Capital Management, Millenium Management LLC along with local investor SBI Life Insurance, ICICI Prudential Life Insurance and Nippon Asset Management led institutional investors in bidding for the bank’s shares.
Exicom Tele-Systems to float IPO on Feb 27; aims to raise Rs 329 crore via fresh issue
EV chargers maker Exicom Tele-Systems Ltd is set to launch its Initial Public Offering (IPO) on February 27
Paytm share soars 21% in 4 days as Paytm karo brigade becomes bigger
Shares of Paytm’s parent company, One 97 Communications, surged 5% due to the resolution of the regulatory crisis. Analysts expect recovery and growth despite the challenges faced by Paytm Payments Bank. RBI extended the ban by 15 days, but services will not be disrupted.
Hyatt-owner Juniper Hotels’ Rs 1800-cr IPO opens: Should you bid for this loss-making company?
Juniper Hotels’ IPO aims to raise around Rs 1,800 crore. The company’s asset-heavy business model and loss-making status have led to mixed views among analysts. The IPO has a price band of Rs 342-360 per share.
EBITDA growth of 234 cos outpace sales for 3 quarters; over 100 stocks turn multibaggers
As many as 234 companies, excluding banks and financial services, saw operating profit or EBITDA, growing faster than sales on a year-on-year (YoY) basis in each of the last three quarters of the current financial year, a screener run by ETMarkets showed.
PSU bank stocks vs private banks: Who will win the race in the tale of two opposites?
Private banks are trading at a price-to-book (P/B) valuation of 2.3 against the 10-year average of 2.5. On the other hand, the PB of PSU banks is at 1.2 against the long term average of 0.8.
Hot Stocks: Brokerages view on Hindalco, Biocon, Schaeffler India and Zomato
Brokerage firm Nuvama maintained a hold rating on Hindalco, Jefferies downgraded Biocon to underperform, Elara Capital recommended an accumulate rating on Zomato and Sharekhan recommended a buy rating on Schaeffler India.