According to Dipan Mehta, Director, Elixir Equities, growth in organised retail is expected to moderate, with revenue expansion driven by store additions but earnings pace slowing from earlier levels. Investors may consider holding existing positions while being selective on fresh…
IndiGo said it has only partially passed on the higher fuel costs to customers in a bid to support demand.
Sun Pharma is among the Indian companies with the highest exposure to branded pharmaceuticals.
Dhanlaxmi Bank’s gross advances grew by nearly 25%, business growth was in the high teens while deposit growth was also above the mid-teen level. The stock though, has declined along with other banking names on expected lines.
For many wealthy investors, the volatility has been an opportunity to buy dips and rebalance investments.
Globalstar shares surge over 20 percent after report Amazon is in talks to buy the satellite firm, a deal that could boost Amazons internet constellation and challenge SpaceX Starlink
CLSA expects order inflows of around $25 billion over FY27-30, driven by demand for helicopters, fighter jets and the Super Sukhoi programme.
Motilal Oswal had also highlighted in an earlier note that the stop in the subscriber loss will be an important trigger for Vodafone Idea’s turnaround plans. It remains to be seen whether this was just a one-off or the company…
Bernstein values the company at a premium to its peers, while it remains in-line on a core-profit multiple basis, factoring in its strong operating metrics and relatively larger alternatives business.
The issue was subscribed 1.53 times overall, led by strong institutional interest. The qualified institutional buyers (QIB) portion was subscribed 4.74 times, while the non-institutional investor (NII) segment saw 47% subscription. The retail portion was subscribed 16%