Trivantage Capital’s portfolio showed impressive gains. Nikhil Johri credits the returns to policy and sectoral factors. RBI’s accommodative stance and stable asset quality helped. The fund focuses on governance and due diligence. It targets opportunities in asset management and affordable housing. Johri sees a rebound in small and mid-cap financials. He believes India’s financial sector offers long-term value.
Buyback alert! GE Shipping shares rise 3% as firm set to repurchase shares at 16% premium
Great Eastern Shipping experienced a surge in its stock prices following the announcement of its inaugural share buyback scheme. The company has proposed to repurchase