KPI Green Energy shares rally 5% after signing MoU with Rajasthan govt
In another development, the company has fixed Friday, January 3, 2025, as the ‘record date’ for determining the eligibility of shareholders entitled to the issuance of bonus equity shares in the proportion of one equity share of Rs 5 each for every two existing equity shares of Rs 5 each, subject to shareholder approval, which […]
ETMarkets Smart Talk: Investment Themes for 2025: Growth, Value, and the importance of margin of safety, highlights Sahil Kapoor
Hence, it is important to focus on valuations, earnings and the quality of those earning. These are the parameters which matter and we are witnessing some deterioration in all three parameters.
Negative Breakout: 6 stocks cross below their 200 DMAs
In the NSE large cap pack, six stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on December 19, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used […]
Senores Pharma IPO for subscription. Check key dates, price band, GMP and review
Senores Pharma’s ₹582 crore IPO opens today, closing December 24. The company aims to utilize proceeds for subsidiary investment, debt repayment, and working capital. Priced at ₹372-391 per share, the IPO has a ₹150 grey market premium. Analysts recommend subscribing, citing attractive valuations and high pharmaceutical demand.
Hamps Bio shares to debut today. Check GMP to know listing potential
Hamps Bio’s shares are set to debut on the BSE SME platform with a grey market premium of Rs 60, indicating a potential 90% listing gain. The IPO, which was oversubscribed by 1000 times, will fund machinery purchases and brand enhancement.
Asian stocks fluctuate after downbeat US session
Shares slid in Australia and South Korea while Hong Kong equity futures dropped. Stocks in Japan edged higher after the yen weakened. US contracts slipped after the S&P 500 ended marginally lower Thursday, on pace for its worst week since September. The Nasdaq 100 dropped 0.5%.
Senores Pharma has niche positives, can be a long-term bet
Incorporated in 2017, the company identifies, develops and commercialises speciality and complex niche products in mid-market range. It also undertakes contract manufacturing for its customers. It earns through in-licensing fee, transfer pricing and profit sharing. Over 60% of its revenues come from supplying to regulated markets of the US, Canada and the UK and 32% […]
RBI advises states to be more prudent in managing finances
The Reserve Bank of India commends states for fiscal deficit reduction but urges adherence to the ‘golden rule’ of financing current expenditure with current revenue. The RBI also criticizes excessive subsidies and cash transfers, advocating for rationalization and outcome-based budgeting for better resource allocation and developmental impact.
Cos binge on costly dollar loans, NBFCs lead chart
Indian companies ramped up overseas borrowings in 2024, exceeding $32 billion by October, surpassing the total for 2023. Non-bank finance companies (NBFCs) led the charge, borrowing over $16 billion, primarily for on-lending. High US interest rates didn’t deter borrowing, with many companies prioritizing access to larger loan sizes and managing rupee exposure.
Investor First: Sebi clamps down on mis-selling in New Fund Offers
It is possible that this could result in fewer fund launches. Mutual funds that launch schemes to keep distributors happy will under be less pressure to keep coming out with NFOs.