Half of Nifty firms trading at premium to their historical average: MOSL

Half of Nifty firms trading at premium to their historical average: MOSL

As Nifty50 ended May on a negative note, domestic brokerage firm in its latest ‘bulls vs bears’ report has highlighted the valuations of Indian stock markets. Apart from the valuations part, the brokerage has also cherry picked a number of stocks across the sectors, which might outperform in the remaining part of the year. The … Read more

Macrotech IPO opens on Wednesday: Should you subscribe?

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The company’s revenue and sales volume have seen a decline from FY18 to FY20. Synopsis The promoter group will dilute 11.5% stake through the current offering, which means it will have to offload more shares in the future to reduce its stake to 75% or below to abide by the regulatory requirement. Given these factors, … Read more