Canara Robeco Asset Management Company is set to raise ₹1,326 crore via an offer for sale, reducing its promoter stake to 75%. The equity-driven fund house, with 92% of assets in equity schemes, faces earnings sensitivity to market volatility. Despite a lower profit margin than peers, its IPO valuation is positioned for long-term, high-risk investors.
ETMarkets PMS Talk | A cooling—not a collapse—of the AI trade could be a tailwind for Indian equities: TrustLine CEO
Global markets face AI investment boom risks, but a measured cooling could boost Indian equities by attracting foreign capital. N. ArunaGiri emphasizes buying with a