Hot Stocks: Brokerage view on Adani Ports, D-Mart, AB Capital and BEL
Top brokerage firms like Citigroup, CLSA, Macquarie, and Jefferies provide buy ratings and target prices for Adani Ports, D-Mart, AB Capital, and BEL.
Big movers on D-Street: What should investors do with Indus Towers, HAL and Prestige Estates?
Stocks that were in focus included names like Indus Towers, which rose 8.26%, HAL, which jumped 2.2%, and Prestige Estates, whose shares gained 7% on Monday.
India Inc’s fundraising via bonds reaches record Rs 9.77 lakh crore in FY24
Out of this, Rs 66,806 crore was secured through QIPs. Notably, the peak for QIP fundraising was in FY21, with companies raising Rs 78,045 crore. FY23 saw a 6-year low equity fundraising.
Microlenders look for ways to tackle skew in credit reach
India’s microfinance sector is highly concentrated, with the top 10 states representing 85% of the market, leaving many districts and villages with limited access to credit. Sa-Dhan, a microfinance industry body, is investigating reasons for this disparity and aims to encourage lenders to reach under-penetrated areas. Despite recent growth in financial inclusion, many districts have […]
D-Street starts FY25 on high note, mid- and small-caps rebound
NSE’s Nifty rose 135 points, or 0.61%, to close at 22,462 after touching an all-time high of 22,529 earlier in the day. BSE’s Sensex rose 363 points, or 0.49%, to end at 74,014 off the record high of 74,254 during the day. The record closing levels for the Sensex is 74,119 and for the Nifty […]
Multiple price auctions make a comeback
ET had reported on March 8 that at a meeting with bond market participants, the RBI had held discussions on returning to the multiple price method for government bond auctions.
RBI’s now become an enabler of the market economy: Governor Shaktikanta Das
“Given the rapid changes taking place in today’s world, especially in the areas of technology, innovation, business practices and growing complexities in the financial sector, the Reserve Bank is constantly evaluating the emerging trends and taking necessary policy measures to remain in sync with the evolving situation,” Shaktikanta Das said at the RBI’s 90th commemoration […]
Bharti Hexacom a telecom leader with strong parentage, but offer looks pricey
BHL provides mobile, fixed-line, and broadband services in Rajasthan, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura. The company expanded its revenue market share in Rajasthan to 40.4% in nine months to December 2023 from 32.7% in FY21 and in North East to 52.7% from 42% by similar comparison.
India Inc’s improving credit profile sees more upgrades in H2 of FY24
Domestic consumption, demand across several sectors, government spending on public infrastructure, and healthy balance sheets helped in improving credit profiles, rating agencies said. Major rating companies have recorded more upgrades than downgrades, although the pace moderated sequentially.