Shankar Sharma sees organised campaign against Lenskart. Explains why it is a steal vs Paytm, Zomato, others
Veteran investor Shankar Sharma defended Lenskart’s IPO valuation, calling it fair at ~10x sales versus other tech IPOs, while critics argue the eyewear firm’s market remains niche and limited.
Ashish Kacholia invests Rs 10 cr in this smallcap co via preferential issue, stock zooms 5%
Ace investor Ashish Kacholia has been allotted 52,632 shares of Knowledge Marine & Engineering Works at ₹1,900 per share, investing around ₹10 crore. The preferential issue raised ₹270 crore overall, increasing the company’s paid-up capital to ₹12.22 crore.
Groww IPO: Promoters to pocket Rs 40 crore, set for up to 4,950% windfall as fintech unicorn readies for listing
Groww’s four co-founders are set for windfall gains of up to 4,950% from their early investments as the fintech heads for its much-awaited IPO. Each founder — Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh — will sell 10 lakh shares in the offer-for-sale, earning about ₹10 crore each at the upper price band […]
Gold ETFs offer over 53% return in 2025 so far. Time to book profits or stay invested?
Gold ETFs have surged over 53% in 2025, prompting investors to consider profit-booking. Experts advise viewing gold as a hedge against inflation and uncertainty, recommending partial profit-taking for allocations exceeding 8-10% of a portfolio. Recent price dips are seen as short-term volatility rather than a trend reversal.
Mukul Agrawal purchases 10 new stocks in Q2; ups stake in 5. How many do you own?
Ace investor Mukul Agrawal significantly reshaped his Rs 7,500 crore portfolio in Q2, adding ten new stocks and increasing stakes in five others. His strategic investments, totaling around ₹400 crore, span diverse sectors including engineering, technology, renewable energy, and healthcare, reflecting a keen eye for emerging businesses.
Stock-picking key to generating alpha in a sideways market: Mihir Vora
Market experts view a US-India tariff settlement as a necessary step, not a market booster, with a domestic recovery expected to drive growth. Investors are advised to focus on mid- and small-cap stocks, banking, capital goods, and defence sectors, while the China Plus One strategy remains intact.
US push for agri exports driven by politics, surplus and competitiveness: Sunil Subramaniam
America seeks to increase farm exports to India and China. This push stems from its efficient, mechanized farming, leading to competitive prices. China’s reduced soybean imports from the US have created a surplus, prompting a search for new markets. India faces challenges with genetically modified crops, which could impact its European exports.
IT and banking sector to lead next market rally: Rajat Sharma
Market expert Rajat Sharma is bullish on banking and IT sectors for the next 12-18 months, citing government reforms and AI adoption. He observes rising consumption boosting logistics but remains cautious on autos due to the EV transition and expensive valuations in mutual fund companies.
PB Fintech shares surge 5% after Q2 profit more than doubles on strong insurance growth
PB Fintech, which oversees the operations of Policybazaar and Paisabazaar, has witnessed a remarkable 165 percent year-on-year growth in net profits, now amounting to Rs 135 crore for the quarter ending in September. This substantial rise was largely driven by strong performances in its insurance division and improved operational practices.
SAIL shares slip 2% as Q2 PAT declines 49% YoY. What brokerages say?
Steel Authority of India Limited shares dropped on Thursday. The company reported a significant profit decline for the July-September quarter. Total income and sales turnover saw an increase. Earnings before interest, tax, depreciation, and amortization also decreased. Morgan Stanley maintained an ‘Equalweight’ rating with a target price. The quarter included an exceptional loss.