Fund Manager Talk | Don’t generalize smallcaps as expensive, it’s a stock-picker’s paradise: Mihir Vora
On valuations, the P/E ratio of the small-cap index (Nifty Small Cap 250) is similar to that of the large-cap (Nifty 100) index, at around 19-20x on two-year forward earnings (excluded loss-making companies in the aggregates). However, the projected earnings growth for small-caps is higher, at 18% for the next couple of years versus 8-10% […]
Power, automation, and air solutions poised for explosive growth: Devang Mehta
In my opinion, the IT sector appears to have bottomed out. While there’s probably limited downside, for investors seeking 18-20% compounded growth, this sector might not offer that kind of potential. Instead, we might see more modest returns of 10-12%, with 2-4% constant currency growth.
Q2 results today: Bajaj Auto among 19 companies to announce earnings on Wednesday
Bajaj Auto is anticipated to showcase a 24-29% year-on-year revenue growth for Q2, driven by higher volumes and increased average selling prices, with PAT growth estimated at 22-24%. Other companies reporting results today include Mphasis, Crisil, and South Indian Bank.
Big movers on D-Street: What should investors do with HDFC AMC, HCL Tech and Sterling and Wilson?
The Benchmark BSE Sensex surged by nearly 592 points; Nifty reclaimed 25,000 on Monday, bolstered by a firm global market trend. Key stocks in focus included HDFC AMC, HCL Tech, and Sterling and Wilson, with significant movements and promising technical indicators suggesting further upside potential.
Sebi hikes position limits for index F&O
The overall position limits for client and proprietary trades, in index futures and options contracts will be set at ₹7,500 crore or 15% of the total open interest or outstanding positions in the market, Sebi said in a circular on Tuesday. This would come into effect immediately.
Asian stocks slide as tech selloff hurts risk mood
Equity benchmarks in Sydney, Tokyo and Seoul all fell, while contracts pointed to declines in Hong Kong. S&P 500 futures were little changed after the benchmark slid 0.8% on Tuesday. Treasuries were steady while oil clawed back some gains in early trading after plunging Tuesday.
Sebi to auction 15 properties of five companies on Nov 19
Capital markets regulator Sebi on Monday said it will auction 15 properties belonging to Mangalam Agro Products, Sumangal Industries and Falkon Industries India on November 19. The move is part of Sebi’s efforts to recover money collected by these companies from investors in violation of norms.
Hot Stocks: 3 stocks that may give returns between 20-43%
Brokerages have initiated coverage on these stocks with buy ratings and project returns of 20% to 43%, as per their analysts’ price targets.
RIL’s O2C biz faces geopolitics bump, for retail it’s all in store
The retail segment was affected by a demand slack in the fashion and lifestyle (F&L) vertical and a sequential decline in total store area. The digital segment reported a sequential drop in subscriber numbers amid tariff hikes and higher average revenue per user (ARPU).
Hyundai Motor IPO’s off to a slow start
The non-institutional investor (NII) portion, primarily high-net-worth individuals, was subscribed 0.13 times, while the retail investor portion saw a subscription of 0.26 times. The portion reserved for the company’s employees, offered at a discount of ₹186 per share, was subscribed 0.8 times (80%).