Domestic markets edged higher for the second consecutive week, moving closer to record highs, supported by favorable cues. In today’s trade, shares of Trent, BEL, LTIMindtree, Ambuja Cements, Alembic Pharma, Transport Corp among others will be in focus due to various news developments. Transport CorporationTransport Corporation of India announced that it will conduct its first-ever … Read more
Private equity firm KKR, Edelweiss-owned Sekura, I Squared Capital’s Cube Highways and Shrem InvIT are in a race to acquire a portfolio of 11 hybrid annuity model (HAM) road projects of a subsidiary of Ashoka Buildcon, said two people aware of the development. “While many HAM assets are on sale in the market, they are … Read more
A host of brokerages have come out with reports, offering insights into how various sectors performed in the June quarter and what investors should expect going into the results season. While a few sectors are yet to be previewed by analysts, those previewed are discussed below: IT sector Kotak Institutional Equities expect divergent performance across … Read more