JG Chemicals IPO opens for subscription. Should you bid?
The IPO of JG Chemicals opened for subscription. It includes a fresh equity issue and an offer for sale. The proceeds will be used for investment in its material subsidiary, debt repayment, capex, working capital, and general corporate purposes.
Hot Stocks: Brokerage view on Siemens, IIFL Finance, Max Healthcare and Tata Motors
Macquarie maintained an outperform rating on Tata Motors with a target price of Rs 1,028. Pure play structure is likely to drive better value discovery.
F&O stocks to buy today: Sun TV, TCS among top 7 trading ideas
Indian market expected to consolidate on mixed global cues. Nifty future closed negative. Positive setup in stocks. IndiaVix cooled off below 15 levels. Momentum supports largecaps. Nifty PCR at 1.25 level. Short-term trading recommendations by Dharmesh Shah and Kunal Bothra.
Women investing reflects an increase in aspiration and desire for growth: Radhika Gupta
Radhika Gupta, MD & CEO of Edelweiss AMC, discusses the increasing participation of women in mutual funds and the financial market. She further highlights the confidence and growth aspirations of Indian women, and predicts that more women will step into the world of financial markets, particularly in investing in equity.
Big movers on D-Street: What should investors do with Data Patterns, Max Healthcare and Tata Steel?
Stocks that were in focus included names like Data Patterns, which rose 5.22%, Max Healthcare, which fell 2.97%, and Tata Steel, whose shares declined 1.45% on Monday.
Asian stocks skid as China’s NPC disappoints, bitcoin nears record
Bitcoin continued its ascent to a fresh two-year peak of $68,650.87 that put it within spitting distance of an all-time high. Gold marked a record closing high of $2,114.99 on Monday and continued to hover at that level in the latest session.
Sai Life looking to ride bull run on D-St, avoid PE route
A public listing would also give an exit route to existing financial investors including TPG Capital, the people said. The sole contender for the stake, Bain Capital, also has been re-evaluating its plan, especially due to the $800 million to $1 billion (₹6,500-8,300 crore) valuation that the promoters, the Kanumuri family, have been expecting for […]
CreditAccess’ wider reach, cost controls to drive growth
CreditAccess Grameen’s stock has underperformed due to asset quality pressure, floods, muted customer additions, and disbursements. However, analysts expect strong performance. Gross loan portfolio increased by 31.5%. Cost-income ratio fell to 29.5%. Stock expected to trade at a premium valuation.
Bhel shares jump 12% on thermal plant order buzz
Bhel, however, told stock exchanges after trading hours on Monday that the company “as of now” has not received this order from NTPC.
Valuation, margin pressure make CLSA cautious on steel companies
The profit pool in India’s steel industry should incrementally move towards miners (iron ore/coking coal) from ‘converters’ as steel capacity addition picks up pace, said CLSA.