PSU Banks have corrected nearly 30% from their peaks — Are they now cheap?
Until closing on Friday, the PSU Bank index has declined 17% from the high of 8,006, which it had hit on June 3. Since then,…
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Explained: Why shares of Amber Enterprises surged 19% on Monday
The target price-to-earnings (PE) ratio remains at 37 times, broadly in-line with the company’s historical 5-year average.
What JPMorgan’s Latika Chopra expects for the FMCG sector this year
The Head of India Consumer Research at JPMorgan believes the earnings downgrade cycle for the FMCG sector is largely behind and data suggests earnings upgrades…
Nifty 50, Sensex scale record highs amid strong FPI inflows
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Aster DM Healthcare to build ₹220 crore women & children’s hospital in Hyderabad
Aster DM Healthcare is investing ₹220 crore in Hyderabad’s largest Women & Children’s Hospital, set to open by mid-2026, offering specialised obstetrics, gynaecological, neonatal, and…
NBCC shares rise after unit wins orders worth ₹1,260 crore
NBCC shares also remain in focus ahead of the record date for its 1:2 bonus issue.
What this $1 billion fund manager looks for in today’s pricey market
Kenneth Andrade of Old Bridge Capital Management, which manages over $1 billion in funds, prefers the services sector, as companies in this space possess the…
Northern Arc Capital IPO: GMP suggests healthy listing potential with 50% return
Northern Arc Capital received an overwhelming response from investors, with the issue getting subscribed 110.91 times by the final day of subscription.
JPMorgan strategist on the right time to invest in mid and small-caps
Rajiv Batra, Head of India, ASEAN, APAC, Ex of Japan/China Equity Strategy at JPMorgan expects earnings to be subdued in the second quarter but start…
Bajaj Healthcare signs development and supply agreement for an API with a European entity
With Monday’s surge, the shares of Bajaj Healthcare have turned positive for 2024.