Contra Play: Zomato, Swiggy among 8 stocks where FIIs sold stakes in March quarter while mutual funds turned buyers

Contra Play: Zomato, Swiggy among 8 stocks where FIIs sold stakes in March quarter while mutual funds turned buyers

In a clear display of divergent strategies, foreign institutional investors (FIIs) and mutual funds took opposite calls on a clutch of new-age stocks during the March 2025 quarter. An analysis of 14 new age stocks shows that FIIs chose to cut their stakes 8 scrips in Q4FY25 compared to the Q3FY25, while mutual funds raised … Read more

FirstCry-operator Brainbees Solutions shares jump 4% as JM Financial initiates coverage with buy rating

FirstCry-operator Brainbees Solutions shares jump 4% as JM Financial initiates coverage with buy rating

Shares of FirstCry-operator Brainbees Solutions climbed as much as 4% on Friday to Rs 630 on BSE after brokerage firm JM Financial initiated coverage on the stock with a ‘buy’ rating at a target price of Rs 692, implying potential upside of 9.8% from current levels. The brokerage highlighted FirstCry’s dominant position in India’s childcare … Read more

New-age companies lead August’s IPO record for this year, raising Rs 17,000 crore. What’s next?

New-age companies lead August’s IPO record for this year, raising Rs 17,000 crore. What’s next?

The previous highest amount raised through the market was in February when companies collected approximately Rs 7,500 crore. In July, companies raised around Rs 5,063 crore. August also saw several new-age companies, including marquee names like Ola Electric, Unicommerce, and Brainbees Solutions, tapping the public markets. The highly anticipated IPO of Ola Electric successfully raised … Read more