Concurrent Gainers: 12 stocks gain for 5 days in a row

Over the five trading sessions ending on July 25, the Sensex declined by 0.36%, or 295 points, finishing at 81,463. The index closed in the red on three of the five days. While the broader market showed signs of weakness during the week, 12 stocks with a market capitalization exceeding Rs 2,500 crore consistently posted […]

IPO or M&A? Why Indian promoters are choosing both

Indian companies are now strategically planning for both IPOs and M&As. This dual-track approach helps maximize value and retain leadership. Regulatory changes and market volatility drive this trend. Fintech and quick commerce sectors see significant activity. Companies prepare for IPOs to attract better M&A deals. This shift marks a maturing of India’s private capital ecosystem.

India’s ESG bond market picks up as global and domestic push align: Vineet Agrawal of Jiraaf

India’s ESG bond market is experiencing significant growth, driven by increasing global investor demand for sustainable assets and supportive domestic policies like SEBI’s BRSR Core. Lower borrowing costs incentivize companies to raise capital more aggressively. Sectors such as renewable energy and clean transportation are leading the charge, with more Indian corporates expected to embrace ESG-linked […]

Kotak Bank Q1 results: PAT falls 47% YoY to Rs 3,282 crore. NII up 6%

Kotak Mahindra Bank’s standalone net profit for the June quarter experienced a significant drop of 47% year-on-year, settling at Rs 3,282 crore. Despite this decline, the bank’s net interest income saw a modest increase of 6% YoY, reaching Rs 7,259 crore. Average and Net advances also grew by 14% YoY, reaching Rs 444,823 crore.

Sobha Ltd Q1 results: PAT zooms 123% YoY, revenue up by 35%

Sobha Limited has announced impressive first-quarter results. The company’s profit after tax surged by 123%. Revenue also increased by 35%. Sobha achieved its highest-ever quarterly sales value, crossing Rs 2,000 crore. New area sold increased by 23%. The company’s managing director, Jagadish Nangineni, expressed optimism about sustained growth due to a strong balance sheet and […]

Gold prices near record highs again: What’s driving the surge?

Gold prices in India have surged to near-record levels, driven by a confluence of global factors. These include geopolitical tensions, central bank buying, and a depreciating rupee. Despite high prices, demand remains strong, particularly in rural areas, fueled by its safe-haven appeal and upcoming festivals and weddings, ensuring gold remains a favored asset.

Cut exposure to crowded midcap trades, buy more largecaps: 360 ONE’s Raghav Iyengar

Raghav Iyengar of 360 ONE Asset suggests tactical adjustments for investors. He recommends reducing midcap exposure and increasing investment in high-quality largecaps. HNIs and UHNIs are showing interest in REITs and InvITs for stable income. Family offices are exploring private credit and structured debt. Investors are diversifying into global markets and real assets.