Mamaearth may see itself as a thing of beauty; it’s not so for investors yet

Mamaearth may see itself as a thing of beauty; it’s not so for investors yet

ET Intelligence Group: Honasa Consumer, popularly known by its flagship brand Mamaearth, is rolling out a ₹1,700 crore IPO that includes a fresh issue of ₹365 crore and the rest an offer for sale. The Peak XV (earlier Sequoia Capital)-backed company is touted to be India’s largest digital-first beauty and personal care company and has … Read more

Breakout Stocks: How are Bombay Burmah, Angel One and Paytm looking on charts for Monday’s trade?

Breakout Stocks: How are Bombay Burmah, Angel One and Paytm looking on charts for Monday’s trade?

Indian market closed in the red for the third consecutive day in a row on Friday. The S&P BSE Sensex fell more than 200 points while the Nifty50 closed below 19600 levels. Sectorally, selling was seen in oil & gas, metal, telecom, FMCG and energy stocks. Stocks that were in focus include names like Bombay … Read more

Paytm CEO Vijay Shekhar Sharma becomes sole beneficial owner in co as Antfin cuts stake

Paytm CEO Vijay Shekhar Sharma becomes sole beneficial owner in co as Antfin cuts stake

One 97 Communications’ founder and Chief Executive Officer (CEO) Vijay Shekhar Sharma has become the company’s sole significant beneficial owner (SBO) following a reduction in the shareholding of AntFin from an earlier 23.79% stake to 9.90%. Sharma now holds 19.42% stake in the Paytm operator. The 19.42% stake in Paytm is by virtue of Sharma … Read more

Stocks to buy today: Paytm, Zomato among top 9 trading ideas by experts for 24 August 2023

Stocks to buy today: Paytm, Zomato among top 9 trading ideas by experts for 24 August 2023

Indian market is expected to open higher on Thursday tracking positive global cues. The S&P BSE Sensex rose more than 200 points while the Nifty50 closed above 19400 levels in the previous trading session. India VIX was down by 0.17% from 11.75 to 11.73 levels on Wednesday. Volatility cooled off during the day and comforted … Read more

Sanjiv Bhasin on 4 largecaps to buy now; 3 new age stocks that may double in a year

Sanjiv Bhasin on 4 largecaps to buy now; 3 new age stocks that may double in a year

Sanjiv Bhasin, Director, IIFL Securities, says “in largecaps, this is a brilliant opportunity for Maruti, Lupin, Apollo Hospital and last but not least, Gujarat Gas. The largest city gas distribution and gas prices globally have fallen. Their margins will only rise and volumes will pick up. At Rs 458-460, I think this stock is headed … Read more

Vinit Bolinjkar on why Mahindras are picking stake in RBL

Vinit Bolinjkar on why Mahindras are picking stake in RBL

Vinit Bolinjkar, Head-Equity Research, Ventura Securities, says RBL is definitely a stock to buy. So, irrespective of Mahindra putting money into this stock, we had a buy on this stock at Rs 130 with a target of Rs 260. Today, we are sitting around 210-220 odd levels still a way to go and our estimates … Read more