IPO market starts buzzing; 6 companies line up plans to raise over Rs 11,000-cr in May
After a tepid start to 2025, the IPO market is getting back on track with six main-board companies, including Schloss Bangalore — owner of luxury hotel chain The Leela, are set to float their initial share-sales this month to collectively mobilise over Rs 11,000 crore, investment banking sources said on Monday.
Railways PSU ETF delivers 16% in a week. Is this the right opportunity for portfolio diversification?
A railways PSU-focused ETF delivered a sharp 16% gain in just one week, as per ETMutualFunds analysis. The Groww Nifty India Railways PSU ETF rose 16.41%, while the corresponding index fund returned 16.35%. Both are benchmarked against the Nifty India Railways PSU Index – TRI, which surged 16.46%, reflecting renewed investor interest in the sector.
Sebi threatens 2 offshore funds holding Adani shares with penalties: Reports
The Securities and Exchange Board of India has warned two Mauritius-based funds. These funds have investments in the Adani Group. They could face penalties for not sharing shareholding details. The regulator has been requesting this information for two years. The Adani Group is under investigation since Hindenburg Research’s allegations. The probe concerns potential breaches of […]
6 officials of IndusInd Bank under investigation for insider trading: Reports
India’s markets regulator, SEBI, is investigating six IndusInd Bank officials for potential insider trading. The probe focuses on whether these officials sold stock options with knowledge of undisclosed accounting irregularities. SEBI is examining the timing of trades and has requested a report from the bank regarding the accounting lapses and delayed disclosure, which led to […]
Unique Picks: These 9 stocks held by only one MF scheme surge 15-30% in over a month
9 stocks held by a single mutual fund scheme surged over 15% since April; 3 jumped more than 30%.
Vodafone Idea shares dive 12% as SC rejects $5B dues waiver
Vodafone Idea shares plummeted after the Supreme Court rejected its plea to waive over $5 billion in interest and penalties on statutory dues. The telecom operator, burdened with $25 billion in net debt, had sought relief from the Department of Telecommunications, warning about its survival. Despite the government converting some dues into equity, the company […]
BEML, Angle One among 4 stocks that can rally up to 37% in short term
Analysts highlight four technical stock picks—BEML, Angel One, Container Corporation of India, and TVS Motor—that show strong bullish signals and could deliver up to 37% gains in the near term.
Markets look directionally positive despite global noise: Sandip Sabharwal
Many of the real estate stocks have corrected also. But I would still think that they are not really cheap relative to the growth prospects in the near term. So, we need to wait to see corrective moves, better opportunities, etc. So, if people need to invest, DLF seems to be better placed vis-à-vis the […]
Muted growth, excess supply keep cement sector outlook tepid: Sandip Sabharwal
Sandip Sabharwal suggests that auto, consumer durables, infrastructure, and capital goods sectors, previously subdued due to elections, may see a revival. He expresses concern over platform companies’ capital allocation and the lack of moat in quick delivery services. Sabharwal notes muted cement volume growth and high valuations in the EMS space, making it difficult to […]
RVNL shares surge 7% after incorporating wholly-owned subsidiary in Andhra Pradesh
Rail Vikas Nigam Limited shares saw a surge. This followed the announcement of a new wholly owned subsidiary. The subsidiary is named Sabbavaram Sheelanagar Road Development Limited. It is based in Andhra Pradesh. RVNL also secured a contract from Central Railway. The contract is worth Rupees 159.79 crore. RVNL shares have shown positive growth over […]