Keep Swiggy on your radar, but Zomato a safer bet right now: Dipan Mehta
So, just waiting for a buying trigger, which has to come in the form of unlocking of value for the retail and the telecom division. Right now, investor buying Reliance is buying three businesses, not all of these businesses align with their investment strategy or their investment horizon or outlook for that matter
Hot stocks: Brokerage view on Zomato, Swiggy, NTPC and Ramco Cements
Brokerage firm Macquarie has placed an underperform rating on Zomato, signaling caution on the stock. In contrast, Citi has upgraded Ramco Cements to a “Buy” rating, reflecting optimism about the company’s prospects.
ETMarkets Smart Talk | Gold and silver rally driven by Chinese and Russian buying spree: Santosh Pandey
Second attractiveness of the Chinese market (sub 10x 12m F PE) compared to India at (23x12m F P/E) and obviously US election positioning (EM to DM shift) has led to macro uncertainty for FII.
Acme Solar Holdings to list on exchanges today. What to expect?
Acme Solar Holdings made its stock market debut today, with shares trading at a discount in the grey market. Despite recent growth and profitability, analysts are cautious due to the company’s high debt levels. The IPO received a decent response from investors, aiming to raise funds for debt repayment and general corporate purposes.
Q2 results today: Vodafone Idea, Eicher Motors among 650 companies to announce earnings on Wednesday
Vodafone Idea is expected to report a narrower consolidated loss for the second quarter, driven by revenue growth and improved ARPU. Analysts predict a loss between Rs 6300-6400 crore, with revenue rising 5% year-on-year. Subscriber base may decline, but ARPU is projected to reach Rs 156-159.
Swiggy IPO shares to debut today. Here’s what GMP indicates about listing
Swiggy, the food delivery giant, launched its IPO last week. The IPO saw a decent subscription rate. However, market analysts observed subdued sentiments due to the company’s financial performance. Despite revenue growth, Swiggy continues to face losses. Experts advise caution and a long-term perspective for potential investors. The company plans to utilize the IPO proceeds […]
IRCTC, RITES among 16 stocks to trade ex-dividend tomorrow. Last chance to buy
Several companies, including IRCTC and RITES, are approaching their ex-dividend date on November 14th. This means that today is the last day for investors to purchase shares and be eligible for upcoming dividend payments. The article lists these companies and provides details about their declared dividends.
Multibagger smallcap stock to trade ex-bonus tomorrow. Check details
Worth Investment & Trading, a multibagger smallcap stock, set November 14th as the record date for a 3:2 bonus share issuance. This marks the company’s first-ever bonus share distribution. Investors had until Tuesday to buy shares and qualify for the bonus, which doesn’t impact overall investment value but increases share count.
Swiggy IPO set to unlock doors of crorepati club for 500 employees
So far, Swiggy has distributed Rs 500 crore in Esops, and the public listing could significantly boost returns for employee shareholders. Sources told ET that 500 employees stand to enter the ‘crorepati’ club through the public offering.
Asian stocks fall ahead of key US inflation data
Stock benchmarks in Tokyo and Sydney retreated after the S&P 500 slipped following its biggest five-day advance in a year. The Bloomberg Dollar Spot Index extended its post-election rally, while the yen closed in on the closely watched level of 155.