DSP’s Vinit Sambre sees long-term value in small and midcaps

Sambre said sectors like agri inputs and specialty chemicals are now showing early signs of recovery after a tough 2–3-year cycle.

Sambre said sectors like agri inputs and specialty chemicals are now showing early signs of recovery after a tough 2–3-year cycle.

MobiKwik’s subsidiary has received SEBI approval to operate as a stockbroker and clearing member. Post-announcement, shares of MobiKwik rose to an intraday high of ₹250.80.

US Stock Market LIVE Updates: S&P 500 futures edged up by less than 0.1% after the benchmark closed at another record high, with U.S. markets scheduled for an early 1 p.m. close ahead of the Independence Day holiday. European and…

Daptardar cautioned that while credit costs are beginning to ease, it is still premature to conclude that asset quality issues are fully resolved.

Suresh Ganapathy, the MD and Head of Financial Services Research at Macquarie Capital Securities pointed out stress in the vehicle finance segment, both in terms of growth and asset quality, which could weigh on HDB Financial’s near-term earnings.

Dreamfolks on Wednesday, July 2, informed the stock exchanges of certain programme closures, which could have a material impact on its financials.

A total of 17 projects will receive special incentives from Maharashtra government. The projects included manufacturing in semiconductors, silicon ingots and wafers, solar cells and modules, EV components, lithium-ion batteries, aerospace and defence equipment, textiles, green steel, and greenfield gas-to-chemicals…

The SoftBank-backed company aims to raise up to ₹4,250 crore in primary capital through an IPO. This amount excludes the funds raised via the offer-for-sale (OFS) component.

Peter McGuire, CEO of Trading.com, expects steel prices rebounding by 5-10% over the next six months.

The expansion will significantly enhance the company’s production capabilities across various categories. Key additions include a doubling of fatty alcohol and euric acid capacities by 35,000 tonne and 20,000 tonne per annum, respectively.