“Going forward investors need to understand which Adani companies valuation-wise make sense to hold or which to buy at the current levels,” says Neeraj Dewan, Quantum Securities How should one view Adani Group of stocks after GQG buying into these counters? A big renowned fund putting in money in the Adani Group definitely gives some … Read more
NEW DELHI: Shares of Equitas Small Finance Bank were enjoying a small premium in the grey market – or the unofficial market for trading in unlisted shares – on Friday. A host of brokerages have recommended a ‘subscribe’ rating on the issue. Abhay Doshi, an independent dealer in unlisted shares, said the stock was commanding … Read more
Kolkata: Lakshmi Vilas Bank said it “substantially completed” the due diligence for its proposed merger with the Clix Group, even as the extended deadline for the completion of the process ended Tuesday, and said that the two parties would continue to discuss the future course of action. This leaves doubts on whether the fate of … Read more
Over the next three days, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will meet for what would ordinarily have been the last meeting of the present MPC. Except that there’s nothing remotely ordinary about the present. So, even though the term of the three external members ends in September 2020 and, under … Read more