Nilesh Shah from Envision Capital is positive on financial stocks. He sees financialization as a multi-decadal opportunity in India. Smaller banks and specialized credit plays are expected to perform well. Online investment platforms and insurance distributors show strong growth. Shah suggests a portfolio approach within the financial space. He continues to hold Angel One, noting its reasonable valuation.
Adani Ports shares shed 3% after Q1 results. Here’s why Nomura and other brokerages see up to 24% upside
Adani Ports shares fell 3% after the company reported Q1 FY27 results. Net profit rose 9% year-on-year to Rs 3,620 crore, while revenue increased 18.5%