Mumbai: Global venture capital firm Sequoia Capital, now rebranded as Peak XV Partners, has exited its near decade-long investment in Go Fashion (India). The fund on Monday sold its remaining 10.18% stake in the women’s apparel maker for nearly ₹625 crore, according to exchange deal data. Sequoia sold nearly 55 lakh shares of Go Fashion … Read more
” I would like to just buy these midcap IT stocks at slightly more reasonable price to earnings multiples so there is margin of safety,” says Dipan Mehta, Director, Elixir Equities.At what point in time IT becomes what banks were in 2021. 2021, nobody liked banks. Everybody was worried about the impact of impact of … Read more
Domestic brokerage firm maintained its buy rating on KNR Construction, Equirus initiated a long call on , and Phillip Capital initiated coverage on . We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Motilal Oswal on KNR Construction: Buy| Target Rs 310| LTP Rs 247| Upside 26%Motilal Oswal … Read more
American venture capital firm Sequoia Capital has sold 3.7% stake in apparel company Go Fashion through the open market on Monday for Rs 228 crore. Through its affiliate Sequoia Capital India Investments IV, the venture capital firm sold 20,00,000 shares as part of a bulk deal at Rs 1,140.14 a piece, data on the National … 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
New Delhi: Go Fashion made a blockbuster debut on Dalal Street as the stock was listed at a premium of 90 per cent on Monday. On the BSE, the scrip made its debut at Rs 1,316; on the National Stock Exchange (NSE), it debuted at Rs 1,310, compared with its issue price of Rs 690. … Read more