NSE IPO set to deliver massive gains to state-run insurance firms
General Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the earliest investors in the exchange, which opened in 1994 and is India’s biggest by trading volume. The proposed IPO, expected later this month, is entirely an offer for sale of up to 148.91 million shares, which would mean that NSE […]
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain of Franklin Templeton India. In this chat, he explains their multi-factor quantitative approach, long-short positioning, and sectoral opportunities in private banks and metals.
16 IPOs on investors’ radar next week. GMPs signal up to 38% returns
India’s IPO market is set for another crowded week, with 16 issues opening for subscription across the mainboard and SME segments. The lineup is led by Rentomojo, Kanohar Electricals, Karamtara Engineering, Manipal Payment and Identity Solutions among others. GMP trends suggest selective but healthy appetite.
Dividend stocks: Kalyan Jewellers, IREDA among over 150 stocks turning ex-record date this week. Do you own any?
Over 150 companies including Kalyan Jewellers, IREDA, Zee Entertainment, and NSDL are turning ex-record date for dividends between September 7 and September 11. Check out the complete day-wise breakdown of share payouts, special dividends, and corporate actions scheduled throughout the week to know if your stock holdings qualify.
11 penny stocks plunge up to 81% in 6 months
Eleven penny stocks have declined sharply over the past six months, with losses ranging from 49% to 81%. The stocks were identified using a screen of companies with market capitalisation below Rs 1,000 crore, share prices under Rs 20 and minimum recent trading volume of 5 lakh shares, based on ACE Equity data.
How will Nifty, Sensex behave on Monday? US Fed rate hike bets, among 4 factors to drive D-Street action
Indian equities may remain volatile as rising crude prices, elevated global bond yields and renewed US rate-hike bets weigh on sentiment. However, strong FPI inflows, resilient GDP growth, better-than-expected earnings and rupee stability offer some support.
Bank of India Flexi Cap among 5 flexi-cap funds that deliver over 15% annualised return in 3 years
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest shareholder Exor, the deal targets full acquisition and delisting, amid strong Tata Motors commercial vehicle sales.
ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong
Kotak Securities estimates ITC’s tobacco business is valued at just 11X forward earnings, suggesting potential undervaluation. The brokerage sees stronger growth in non-tobacco businesses and believes splitting ITC’s tobacco and non-tobacco operations could unlock significant shareholder value.
Edelweiss MF’s Altiva Equity Long Short Fund to launch September 10, Radhika Gupta explains strategy
Edelweiss Mutual Fund will launch Altiva Equity Long Short Fund on September 10, targeting consistent large-cap alpha through derivatives. The strategy seeks Nifty 100 outperformance, lower drawdowns and steadier returns, while potentially sacrificing some gains during sharp market rallies.