Hot Stocks: 3 stocks that may give returns between 20-43%
Brokerages have initiated coverage on these stocks with buy ratings and project returns of 20% to 43%, as per their analysts’ price targets.
RIL’s O2C biz faces geopolitics bump, for retail it’s all in store
The retail segment was affected by a demand slack in the fashion and lifestyle (F&L) vertical and a sequential decline in total store area. The digital segment reported a sequential drop in subscriber numbers amid tariff hikes and higher average revenue per user (ARPU).
Hyundai Motor IPO’s off to a slow start
The non-institutional investor (NII) portion, primarily high-net-worth individuals, was subscribed 0.13 times, while the retail investor portion saw a subscription of 0.26 times. The portion reserved for the company’s employees, offered at a discount of ₹186 per share, was subscribed 0.8 times (80%).
Holcim considers dual listing of $30 billion US business
US listings have become increasingly appealing to European companies because the country offers a broader investor base and bigger pool of capital, allowing for higher valuations. Construction company CRH Plc moved its primary listing from London to New York last year, and has seen its shares soar more than 60% since.
FPIs raise holdings in 50 SMID Cap stocks
According to consensus price target estimates of analysts compiled by Refinitiv, the stock could give a return of 26% over the next year. FPI holding in Heritage Foods increased from 3.32% to 8.26% while Genus Power saw their stakes rise from 2.77% to 7.36%
Is Sebi’s new asset class a game-changer for Indian investors?
Sebi’s new asset class caters to investors with ₹10-50 lakhs, offering complex strategies like long-short equity and inverse ETFs previously limited to wealthier individuals. It aims to fill the gap between mutual funds and high-entry barrier investment options, promising better risk-adjusted returns but also carries higher costs and performance uncertainty.
Piyush Goyal launches district master plan under PM GatiShakti for infra planning in 27 aspirational districts
Commerce Minister Piyush Goyal launched a district master plan for infrastructure planning in 27 aspirational districts under the PM GatiShakti initiative. The plan aims to cover over 750 districts in 18 months. Guidelines for preparing logistics plans were also introduced. The GIS-enabled platform is developed by BISAG-N and will enhance data-backed decision-making.
Trade deal with India remains ‘priority’, says UK business minister
UK Business and Trade Secretary Jonathan Reynolds emphasizes the priority of a trade deal with India at the International Investment Summit in London. The UK is negotiating a Free Trade Agreement with India, aiming to enhance the GBP 38-billion annual bilateral trade partnership while fostering significant economic growth and job creation across the country.
Iron & Steel, Housing Finance, and PSU Banks among most undervalued PSU sectors: Value Stocks
Value Stocks research found that 16 out of 26 PSU subgroups are undervalued. Iron & Steel, Housing Finance, and PSU Banks are highlighted as undervalued sectors with attractive investment opportunities.
PMS Tracker: HNIs manage to eke out double-digit returns in 2 funds
In September, at least two PMS schemes significantly outperformed benchmarks, achieving double-digit returns of up to 12%. According to data from PMS Bazaar, Pace Financial’s Tresor SKG India Value Fund was the top performer, delivering a monthly return of 12%, followed by Molecule Ventures’ Quant Fund with a return of 10.28%. Other notable winners included […]