Hold IPO stocks with good potential for long term to maximise returns: Neeraj Dewan
Though we have been all waiting for corrections, the kind of market rally that we have seen has been tremendous. At least this year if you see right from April till now only, we have got such a good return in most of the investors’ portfolios.
Kross to launch Rs 500 crore IPO on September 9. Check details
Kross LTD IPO: Kross Ltd’s IPO, focusing on trailer axles and suspension assemblies, opens for subscription on September 9 and closes on September 11, with anchor investor bidding on September 6. The Rs 500 crore issue includes up to Rs 250 crore in fresh equity and Rs 250 crore from an offer for sale (OFS) […]
Nouriel Roubini is less worried about economy & market than before but says a Trump win could change all that
Nouriel Roubini points out frothiness in US stock markets driven by AI optimism and examines potential impacts of the upcoming US election. He also discusses geopolitical risks like the Russia-Ukraine war and advises India to focus on high-value-added manufacturing over low-value-added, labor-intensive sectors for achieving its development goals by 2047.
HAL shares can rally up to Rs 6,145, order book at all-time high: Antique
The CCS approved a Rs 260 billion procurement order for 240 aero engines for Su-30 MKI aircraft. This will increase Hindustan Aeronautics (HAL)’s already strong order backlog from Rs 940 billion (FY24 end) to Rs 1.2 trillion, resulting in strong revenue visibility of 3.8 times its TTM revenue.
SME market like a casino? Sebi should talk it down & regulate only in case of fraud: Sunil Subramaniam
Sunil Subramaniam, a market expert, believes speculation is essential for liquidity in the capital market. He argues against regulatory intervention unless there’s clear evidence of fraud, price fixing, or false news. Subramaniam acknowledges the youth treating the stock market like a gambling den and suggests cautious regulatory measures instead of harsh actions to maintain market […]
2 top stock recommendations from Sudeep Shah
So, if we just have to come down to a number on Nifty, then yes 25,100 will now be that number that I will be watching out for on the downside as an important support and till this zone is held. Upside up to 25,430, 25,500 cannot be ruled out in the next few sessions.
Gala Precision Engineering IPO subscribed over 20 times on day 2. Check GMP, other details
The initial public offering of Gala Precision Engineering saw strong demand, with subscriptions over 20 times on the second day. The issue, priced between Rs 503-529 per share, will fund various projects, including setting up new facilities and debt repayment. Analysts recommend subscribing due to the company’s market position and attractive valuation.
Why SME IPO investors need to tread carefully? Neeraj Dewan explains
I would look at companies which are specifically focusing on brands, that is where the valuation comfort comes and that is where you can give higher valuation also to those companies.
Vedanta shares rise 2% after approving Rs 20 interim dividend
Vedanta shares rose 2% following the announcement of a third interim dividend of Rs 20 per share for FY2024-25, amounting to Rs 7,821 crore. The company displayed strong recent performance, with a 97% return over the past year and significant growth in net profit and revenue for the first quarter.
HAL shares rally 5% on Rs 26,000 crore order win boost
Shares of Hindustan Aeronautics (HAL) jumped 5% to a day’s high of Rs 4,925 following the Cabinet Committee on Security’s approval of a Rs 26,000 crore deal for 240 AL-31 FP aero-engines. These engines will be supplied for Su-30 MKI aircraft of the Indian Air Force (IAF) under the Buy (Indian) category.