Odisha’s richest Lok Sabha election candidate owns 59 mutual fund schemes
Santrupt Misra, a BJD candidate for the Cuttack Lok Sabha Seat, declared investments in 59 mutual fund schemes. Notably, he holds significant stakes in various funds, including those from Aditya Birla, Axis, Bandhan, HDFC, ICICI Prudential, SBI, Kotak, Mirae Asset, and Bharat Bond ETFs.
We have turned overweight on FMCG and technology; will add on dips: Sanjiv Bhasin
Sanjiv Bhasin discusses China sectors play, Tata Motors, PB Fintech outlook. Mentions L&T, FMCG stocks, Lever target. Talks about Voltas, real estate momentum, Indiabulls Real Estate play.
Dr Reddy’s shares tumble 5% as Q4 numbers fail to impress analysts. Should you buy, sell or hold?
The company said that the jump in YoY net profit was largely driven by growth in global generics revenues in North America as well as emerging markets. DRL’s revenue also increased 12% YoY to Rs 7,083 crore.
Fitch sees rupee rebounding to 82 per dollar on bond inflows
The rupee is expected to appreciate to 82 per dollar by the year-end, from about 83.50 currently, Jeremy Zook, a director at Fitch in Hong Kong, said in an interview last week. The Reserve Bank of India may continue to prevent any sharp swings in the currency by absorbing inflows, he said.
Aadhar Housing Finance IPO: Should you bid for this Rs 3,000 cr offer?
Aadhar Housing Finance IPO, valued at Rs 3,000 crore, offers shares through a combination of fresh issue and offer-for-sale. It aims to cater to low-income housing needs with a focus on lending and general corporate purposes.
Hot Stocks: Brokerage view on Max Financials, Pidilite, JSW Energy and PB Fintech
Morgan Stanley rates PB Fintech as Equal Weight, Jefferies suggests buying JSW Energy, Goldman Sachs reaffirms its buy rating on Pidilite Industries, and UBS recommends buying Max Financials.
TBO Tek IPO opens for subscription. Should you apply?
TBO Tek IPO opens today with a price band of Rs 875-920 per share. Analysts advise subscribing due to growth potential. The platform connects global buyers and suppliers. Travel industry is expected to reach $1.9 trillion in 2023.
Stocks in news: L&T, Hero MotoCorp, Voltas, PB Fintech, LTIMindtree
Shares of L&T, Tata Power, Canara Bank, Hero Moto and BSE will be in focus today as the companies will announce their fourth quarter results.
Aurobindo Pharma Options Radar: Use Bull Call Spread to capture uptrend
Aurobindo Pharma’s stock shows resistance at Rs 1177, with a promising technical outlook. Traders are advised to consider a Bull Call Spread strategy proposed by Mehta for potential upside movements.
Big movers on D-Street: What should investors do with Dabur, Inox Wind and Zomato?
Stocks that were in focus include names like Dabur, which rose 5.11%, Inox Wind, which was down 6.06%, and Zomato, whose shares declined 1.89% on Tuesday.