Risk factors that are often overlooked in IPO papers
Governance risks in red herring prospectuses include promoters in similar businesses, high related party transactions such as Cello World’s 53% FY23 revenue, regulatory investigations, and Emcure Pharma’s US antitrust cases. Allied Blenders reports statutory dues delays with interest payments, and missing corporate filings suggest documentation gaps. Investors should carefully review these aspects.
Asian stocks mixed as dollar up on Trump-win bets: Markets wrap
Asian stocks show mixed reactions to Trump’s assassination attempt. US dollar rises, while S&P 500 contracts remain stable. Bitcoin reaches $60,000. Analysts discuss potential market implications and focus shifts to China’s key rate decision.
Stocks in news: HCL Tech, DMart, Jio Financial, HDFC Life, Kotak Bank
Domestic markets reached record highs. HCL Tech, DMart, Jio Financial, HDFC Life, Kotak Bank, HDFC AMC, and Angel One focus on results. Ashok Vaswani, Kotak’s new chief, stresses tech transformation. HCL Tech reports Rs 4,257 crore profit, Aurobindo Pharma plans share buyback, Blue Star’s Rs 27,500 crore market growth projected. DMart profits Rs 774 crore. […]