New Delhi: The love of liquor is usually quite evident in the last quarter of the year, when the demand for alcohol is high on the back of festive season followed by the new year celebrations. However, performance of brewery stocks has not been high on spirits in the long run, but the majority of … Read more
A clutch of global and domestic investors are in initial talks to acquire some of the leading road assets in South India. KKR, NIIF, Cube Highways and Edelweiss-backed Sekura Roads are in discussions to acquire three road assets – Navayuga Udupi Tollway in Karnataka, Thrissur Expressway in Kerala and Kotak Special Situations Fund-owned HKR Roadways … Read more
New Delhi: A handful of Dalal Street debutants, listed at the bourses in the last two months of 2021, are likely to be in focus of Dalal Street in the remaining part of the ongoing calendar year. The mandatory lock of the pre-IPO investors in these 14 mainboard companies, which were listed in November-December 2021, … Read more
The Indian market is expected to open higher on Monday tracking positive global cues. The S&P BSE Sensex closed with gains of more than 100 points while the Nifty50 held on to 18,100 level for the week ended November 4, 2022. We have collated stocks from various experts for traders who have a short-term trading … Read more
India’s largest car manufacturer Maruti Suzuki is likely to report a 4-5 times YoY jump in profit and a healthy double-digit growth in the September quarter, the results of which would be announced tomorrow. Domestic brokerage firm expects a 297% YoY growth in Maruti’s Q2 profit at Rs 1,900 crore while Kotak Institutional Equities expects … Read more
New Delhi: Shares of continued to gain higher on Thursday, rising more than 8%, on the back of strong performance in the September 2022 quarter. The private lender reported a marginal uptick in net profit at Rs 120.55 crore for the quarter ended September 2022 on growth in net interest income. The bank had posted … Read more
Popular anticipation of strong growth has prompted equity research firm Nuvama Institutional Equities to initiate a ‘buy’ call on chemical company Anupam Rasayan with a target price of Rs 1,069, implying an upside of 47% from the current market price of Rs 728.25. Nuvama estimated that Anupam Rasayan would clock a 30% revenue CAGR over … Read more
Mumbai: Shares of , one of the Tata Group‘s flagship firms that makes and markets jewellery and watches under a wide bouquet of lifestyle products, surged more than 5% on Friday after its second quarter business update took the Street by surprise, leading to fresh bullish bets on the stock. The stock closed at Rs … Read more
Investments, if done right, can help you grow your wealth and accomplish life goals. However, among the seemingly endless investment opportunities, how do you gauge the potential of an investment? While there are no thumb rules as such, here are certain pointers you can use as benchmarks to evaluate your investment potential. Here is a … Read more
Mumbai: Low returns of 3-3.5% from arbitrage funds over the past one year saw rich investors withdrawing ₹20,048 crore from this category over the past three months, with bank deposits or liquid funds gaining traction in the bargain. But with the sharp rally increasing spreads between cash and futures arbitrage, returns from arbitrage schemes are … Read more