PE
Amid demand slowdown, EVs plug into PE recharging infrastructure Private equity firms are increasing investments in India's electric two- and three-wheeler industry amidst a slowdown in electric passenger vehicle sales. Total funding in the first half of 2024 reached $754 million. Electric two-wheeler sales are o...
14 Jul, 2024, 05.11 AM ISTCanara Bank, Federal Bank among 11 counters that witnessed decrease in NPAs in Q4 City Union Bank reported a net NPA of 1.97% in Q4 of the financial year 2024, while the net NPA in Q3FY24 was 2.19%. The PE ratio of the stock is 11.67. The firm has a market cap of Rs 11,850 crore.
13 Jul, 2024, 10.25 AM ISTVIEW: SEBI needs to find a balance between protecting retail investors' rights and capital formation VIEW: In a surprising move, SEBI reversed its earlier directive to the Association of Investment Bankers of India (AIBI) and restored special rights for PE investors on June 24, 2024. Initially, SEBI required these rights to lapse at the draft red h...
12 Jul, 2024, 12.41 PM IST- ADVERTISEMENT
For IT, FY25 may turn out to be almost a déjà vu of FY24: Ankur Rudra, JP Morgan Ankur Rudra says FY25 is turning out to be almost a déjà vu of FY24. We will barely see any improvement across the sector. Last year, growth was, like you said, low to mid-single digits. This year growth will again be low to mid-single digits. FY26,...
11 Jul, 2024, 12.55 PM ISTNifty valuation above 5-year average, most narratives priced-in. What should investors do? Since the June 4 market debacle when Nifty hit a low of 21,884.50, it has seen a rally largely moving towards north. The index attained a lifetime high of 24,433.20, traversing 2,560 points or 12%.
10 Jul, 2024, 03.27 PM ISTFrom 'Sar pe laal topi Rusi' to 'Disco Dancer': PM Modi's ode to Bollywood classics at diaspora event in Russia Highlighting the impact of Indian cinema, PM Modi noted how Raj Kapoor's legacy influenced subsequent generations of stars, including Mithun Chakraborty, whose dynamic performances in films like 'Disco Dancer' captivated Russian audiences in the 198...
09 Jul, 2024, 04.23 PM ISTAt $4.2 billion, Q2 2024 IPO size records its highest growth in 2 years QIPs saw a rise in both value and volume compared to the previous quarter, with 20 issues raising $2.3 billion. This marks the second-highest volume since Q4 2017. The retail and consumer sector led deal activity, with an 18% increase in value over ...
06 Jul, 2024, 11.20 AM ISTAxis Securities initiates coverage on Inox Wind, sees upside potential of 30% Domestic brokerage firm ICICI Securities initiated coverage on Inox Wind (IWL) with a target price of Rs 185 stating that the company is well-positioned to benefit from the tailwinds in the wind sector.
28 Jun, 2024, 03.39 PM ISTHindustan Foods shares zoom 15% after stake sale via block deal Shares of the FMCG major Hindustan Foods (HFL) surged 15% today on BSE to Rs 582.50 after a likely equity stake sale of 11.1% via a block deal on Wednesday. The deal size is said to be approximately worth Rs 720 crore.
26 Jun, 2024, 01.00 PM ISTSebi’s diktat on IPO-bound companies gives a jolt to PE investors Sebi is intending to advance the timing of terminating special rights, from the date of listing of IPO shares to the date of filing of updated DRHP.
25 Jun, 2024, 12.11 PM ISTThese 8 smallcap stocks with low PE ratios can rally up to 25% According to Trendlyne data, these stocks, belonging to different sectors, have the potential to rally by up to 25%
22 Jun, 2024, 12.24 PM ISTThis ratio helps in avoiding mirage of value in bullish time: 5 stocks from different sectors for long-term investors Given the high probability that bulls will be soon seen all over the street. It would be better to just be a bit more cautious while taking incremental exposure. One thing which investors need to take into consideration is that there is a big differ...
17 Jun, 2024, 01.03 PM ISTScreaming value? 34 stocks with consistent earnings growth still trading below 5-year PE 34 stocks with consistent earnings growth, including Trent, are trading below 5-year PE. Axis Securities recommends buying Trent at Rs 4,800. 5 Nifty index cos, like ICICI Bank and Maruti Suzuki, are also undervalued.
11 Jun, 2024, 06.08 PM ISTCanara Bank, Bandhan Bank among 10 lenders that saw decrease in NPAs in Q4 Canara Bank, Punjab & Sind Bank, Bandhan Bank, are among top lenders that saw a decrease in NPA in Q4FY24.
08 Jun, 2024, 11.36 AM ISTTPG Asia sells entire stake in RR Kabel in Rs 958 crore block deal Marquee funds, including Edelweiss MF, Tata MF, Goldman Sachs, Citigroup, Morgan Stanley, ICICI Pru MF, Blackstone Aqua, Reliance Nippon Life, and HDFC Standard Life, among others, bought stakes in the transaction.
30 May, 2024, 07.49 PM ISTTPG Asia to sell entire stake in RR Kabel via Rs 957 crore block deal today The private equity firm acquired a 21% stake in RR Kabel five years prior to the IPO, which was launched in the latter half of 2023. Since then, it has continuously reduced its stake.
30 May, 2024, 08.41 AM ISTTPG Asia to exit RR Kabel, offload stocks worth Rs 1,000 crore in block deal: Report TPG Asia had acquired around 21% stake in RR Kabel five years before the IPO, which was launched in late 2023. Since then, the PE firm has gradually cut its stake in the company.
29 May, 2024, 08.26 PM ISTPhonePe, BharatPe settle legal dispute over 'Pe' The legal battle began in 2018 when PhonePe issued a legal notice to BharatPe, asking the latter to stop using 'Pe' in Devanagari script in their brand name.
26 May, 2024, 07.23 PM ISTMore PE firms gearing up for India debut The US PE firm Platinum Equity is exploring investments in a range of sectors.
25 May, 2024, 09.17 AM ISTDare to buy these 8 multibagger stocks trading above 100 PE multiples? Zomato, CarTrade Tech, Olectra Greentech, Waaree Renewable Technologies, JBM Auto, ABB India, Trent, and Godrej Properties are high PE stocks showing multibagger returns. Consider using various valuation metrics and expert insights for informed inve...
15 May, 2024, 10.04 AM IST