Here are 6 midcap stocks with a strong RoE over 50%. Do you own any?
Several midcap stocks are delivering strong returns on equity above 50%, reflecting efficient management and solid business models. High RoE indicates financial health and growth potential.
Cohance Lifesciences and other pharma stocks jump up to 5% after Jefferies initiates Buy recommendation
Cohance Lifesciences, Divi’s Laboratories, and SAI Life Sciences rallied after Jefferies initiated coverage with ‘Buy’ ratings, citing strong growth prospects in India’s CRDMO sector. The brokerage sees a high-teen revenue CAGR, led by China+1 diversification, pipeline visibility, and demand for diabetes and weight-loss therapies.
JM Financial initiates coverage on ITC Hotels with ‘Sell’ rating, sets Rs 215 target price
ITC Hotels shares faced selling pressure. JM Financial started covering the stock with a ‘sell’ rating. The brokerage cited valuation concerns despite strong fundamentals. The stock price declined following the report. JM Financial acknowledged ITC Hotels’ leadership and growth. However, limited near-term asset commissioning and current valuations led to the ‘sell’ recommendation.
Vodafone Idea shares rally over 10% in 2 days amid AGR relief buzz
Vodafone Idea shares rose 2.3% to Rs 7.23 on Monday, extending a two-day rally of over 10%, after reports that the Prime Minister’s Office is reviewing a relief package for the debt-laden telecom operator. Proposed measures include a two-year moratorium extension, flexible repayments, lower installments, and possible penalty waivers on AGR dues of Rs 83,400 […]
OYO to file DRHP in November, targets $7-8 billion IPO valuation: Report
OYO, the global travel tech firm, is planning to file its Draft Red Herring Prospectus in November. The company is expecting a valuation of USD 7-8 billion for its IPO. OYO may approach its board with the proposal next week. SoftBank, a major shareholder, has engaged with several banks to assess market sentiment.
Nifty bulls to regroup soon, says Anand James. Key levels to watch out for
Geojit Investments’ Anand James suggests Nifty’s pause is temporary, anticipating a rebound towards 25,200 if it holds above 24,850. He cautions a fall below 24,740 could trigger a deeper decline. He also anticipates Sensex volumes to remain unaffected by the expiry day swap. He recommends buying Engineers India and DCB Bank, setting specific targets and […]
Fractional real estate offers 7–8% net yields with lower entry barriers, says Arkade Developers’ CMD
Fractional ownership is transforming India’s real estate market, granting retail investors access to premium commercial properties previously exclusive to institutions. This model lowers entry barriers, delivers consistent net yields of 7–8%, and offers professional management, ensuring stability and reduced operational burdens. It presents a compelling diversification avenue for investors seeking both income and long-term value.
Karur Vysya Bank shares approach August 26 record date for 1:5 bonus issue. Do you own?
Karur Vysya Bank rewarded shareholders with a 1:5 bonus issue. The bank fixed August 26 as the record date for bonus share eligibility. Investors holding shares on that date qualified. This move reflected confidence and enhanced shareholder value. Bonus issues increased outstanding shares but reduced the stock price. Karur Vysya Bank shares closed flat at […]
Gold slips from two-week peak as dollar ticks up
Gold prices experienced a slight decrease as the dollar strengthened, yet dovish signals from Federal Reserve Chair Jerome Powell, hinting at potential U.S. interest rate cuts, provided support. Asian share markets rallied on the prospect of renewed rate cuts. Investors are now awaiting U.S. personal consumption prices data, while physical gold demand in Asia remains […]
HDFC Bank 1:1 bonus share issue: Last day to buy shares for first-ever bonus
Investors have one last chance to buy HDFC Bank shares for the 1:1 bonus issue. August 26 is the record date for eligibility. This is HDFC Bank’s first ever bonus issue. Shareholders will get one share for each share they own. The bank reported a 12% rise in net profit for Q1FY26. Interest income and […]