Vijay Kedia buys on dips, acquires Rs 11 crore stake in smallcap company via bulk deal
Investor Vijay Kedia acquired a Rs 11 crore stake in Eimco Elecon, buying 57,400 shares at Rs 1,906.71 each. The stock, down 34% in a year, surged 5% post-purchase.
Aswath Damodaran flags a “fairly highly valued” market, lays out 5 ways investors can respond
NYU’s Aswath Damodaran warns that while U.S. stocks appear richly valued, timing a correction is risky. He highlights rising valuations, driven by major tech stocks, and offers five strategies for investors. Damodaran stresses that even when markets look overpriced, predicting corrections is highly uncertain and requires careful planning.
Half-century for Ashish Kacholia: Jain Resource Recycling is 50th stock, stake now worth Rs 128 crore
Ace investor Ashish Kacholia added Jain Resource Recycling to his portfolio, marking a 50-stock milestone; the smallcap IPO surged 41% post-listing, with Kacholia holding 1.14% valued at Rs 128 crore. He was allotted these shares in a pre-IPO offer. The company is engaged in recycling and manufacturing non-ferrous metals such as lead, copper and aluminium.
Too early to write obituaries for Indian IT companies, says Gurmeet Chadha, slams analysts
Despite current headwinds, Indian IT stocks remain crucial for the economy, generating jobs, forex, and supporting tech ecosystems. Analysts are urged to assess rather than criticize companies like TCS and Infosys. As the earnings season kicks off on Thursday with TCS set to announce its Q2 results, IT stocks are generating strong buzz. Over the […]
Steptrade Capital backs 63 IPOs, delivers 35% average listing gains
Steptrade Capital invested Rs 177 crore across 63 IPOs in two years, spanning Mainboard and SME issues, achieving an average listing gain of 35%, highlighting institutional capital’s growing role in India’s IPO market.
Dabur India Q2 Update: GST reforms, portfolio resilience drive momentum
Dabur India announced that recent GST reforms cutting rates on key FMCG categories from 12–18% to 5% will boost affordability and consumer demand. Around 85% of its portfolio now falls under the 5% tax slab, covering core segments like oral care, hair oils, shampoos, juices, and OTC products. The company plans to pass on these […]
15 stocks to shop for this Diwali; SBI Securities eyes up to 25% upside. Check list
15 stocks across sectors with potential upsides of up to 25%.
10 IPOs listing on exchanges tomorrow could offer up to 27% returns
Top 10 IPOs debuting tomorrow saw mixed investor response. Infinity Infoway, Advance Agrolife, and Sheel Biotech led with high subscriptions and GMPs, while several others recorded flat or muted market interest.
Morgan Stanley stake and a 75% upside call: Why this newly listed stock is drawing attention
Pace Digitek shares gained attention after Morgan Stanley bought 12 lakh shares and Arihant Capital initiated coverage with a ‘Buy’ rating, citing strong growth potential in India’s renewable and telecom infrastructure sectors.
Pankaj Pandey bullish on Arvind Fashions and Trent as GST cuts boost margins
Investors are closely watching the technology sector as TCS kicks off earnings season, with IT stocks at four-year lows despite currency depreciation. Healthcare, particularly hospitals, shows strong growth prospects driven by rising disposable income. Banking and financial services, including PSU banks like SBI, remain resilient, while fashion retail sees mixed momentum with Arvind Fashions poised […]