Can Orient Cables IPO deliver long-term growth for high-risk investors?
Orient Cables is aiming to raise ₹320 crore through a fresh equity issue and ₹232 crore via an offer for sale. The company has seen growth in revenue and profit but faces challenges with operating margins and customer concentration. Its promoter stake will decrease to 82.2% post-IPO from 100%. The company is also involved in […]
Rupee’s likely to slip despite RBI push for stability
The rupee could decline to 96-97 per dollar by the end of FY27 due to several factors. Persistent outflows from Indian financial assets and elevated crude oil prices create additional pressure. Although the Reserve Bank of India argues for potential stabilization, economists remain skeptical of this outlook. Recent foreign exchange actions indicate ongoing depreciation pressures […]
Two years on, Indian equities remain stuck in a grind
Since September 2024, Indian equities have experienced a challenging market phase with mixed returns. The Nifty and Sensex have seen significant declines, while small and mid-cap stocks have performed relatively well. Despite the difficulties, some valuation froth has been removed from the market, presenting potential buying opportunities. Global investors are showing interest but lack concrete […]
Insurance mis-selling is arising because upfront commissions are too high: Ajay Seth, Chairman, IRDAI
The benefit of cost efficiency should be passed on to customers. This entire exercise is intended to ensure that the public and policyholders benefit. For a life insurance savings product, the outcome should be better returns. In general insurance, it should result in better claim ratios. Cost efficiencies should get passed on through lower premiums, […]