POLICYBAZAAR MARKET CAP
TRADERS’ CORNER: An IT major making a comeback attempt with possible 5 % and new age stock for 6 % upswing
Select stocks are clearly showing that they are making a comeback attempt.
Better to own a set of stocks from the digital ecosystem rather than betting on one stock? 15 stocks with upside potential of upto 48%
Few day’s back there was an issue with the telecom provider and the services stopped for some time. Now which would be the companies which got impacted the most, the telecom service provider, the answer is no. As a customer one would not get any reduction in the monthly billing because services were down for some time. The companies which may have got impacted would be a platform company on which one orders food, such as a swiggy or zomato. The reason, in the peak time of demand, a customer is not able to order food online due to internet service being down, that demand will not come back when the internet is back. But the other platform company which sells insurance was also not impacted. The reason is, if one was planning to buy an insurance policy and there is no internet, the demand will get postponed not get extinguished. The digital ecosystem is making things simple but it is yet complicated when it comes to investing.
What does the market anticipate from this year's Budget? Gurmeet Chadha answers
The entire space, some of them have gone to 5x, so never write it off. And I think valuations are reasonable in some of the large names like HCL Tech, even a bit of Tech Mahindra with new leadership coming in. But I think the focus has to shift from services to more products, software and platforms.
Block deals worth over Rs 7,640 crore this week. Chandrababu Naidu’s Heritage Foods, Adani Ports see top action
The week was an eventful one. Besides the general election results, D-Street saw some prominent block deals which included over three dozen companies from large, mid and smallcap segments. Shares worth Rs 7,640 crore were traded on screen, which included both buying and selling.
Chris Wood of Jefferies cuts stake in 3 PSU stocks as PM Modi faces coalition challenge
Chris Wood predicts investors may tilt towards consumption plays over investment plays, anticipating focus on populist measures and revival of rural economy. The obvious possibility here is measures to revive the rural economy, he said.
Financials, capital goods likely to lead; expect rotation in defence, railway names: Gurmeet Chadha
There is indeed a shortage, and discounts have virtually disappeared, not just for air conditioners but also for refrigerators and air coolers. Companies like Voltas performed well initially, but their recent results, especially in the EMPS space, were disappointing.
- Go To Page 1
RVNL, HAL among 24 BSE 500 stocks with double-digit returns this week. Over 220 stocks end in red
Last week was eventful, though truncated. The BSE 500 index ended with an uptick of 664 points or 2%, following the footsteps of the headline index S&P BSE Sensex that gained 1,500 points or 2% to hit an all-time high of 75,636. The two defence PSU counters and railway play RVNL ended the week with an uptick of 35%, 32% and 27%, respectively.
MSCI Rejig: India may see $2.5 billion FII inflows
Global passive funds, such as exchange-traded funds, structure their portfolios based on these indices. Any change in composition prompts these funds to adjust their allocations. The newly included stocks are JSW Energy, Canara Bank, Indus Towers, PB Fintech, Sundaram Finance, and NHPC. Berger Paints has been dropped, while Indraprastha Gas and Paytm's parent, One 97 Communications, have been downgraded to the small-cap index.
India to get $2.5 billion FII boost from MSCI rejig, 21 stocks to benefit
India's weight in the MSCI Emerging Markets index will increase to around 19% on May 31, attracting FII inflows of $2.5 billion. The adjustments will affect India's stock count in the MSCI Standard/EM and Smallcap Indexes. China, with a 25.7% weight, has the highest representation in the MSCI EM Index.
Markets & Mandate: Where to invest in E-M-I basket going forward
Nilesh Shah predicts ABB, Siemens, L&T's continued dominance in EMI. Key players like Hitachi Energy, KSB, and TD Power drive sector growth. India aims for a $10 trillion economy, focusing on diverse sectors.
India's IPO Boom: A sign of vibrant markets and growing investor confidence
Notably, almost 50% of IPOs have been primary tranche issuances, signaling that companies are raising fresh capital to expand their businesses or pay off debt. This demonstrates promoters' confidence in the future prospects of their companies and their belief in the ability of the Indian market to fund their growth aspirations.
Mutual funds Vs ULIPs: What is better for investing in midcaps and smallcaps?
“If you are investing for the long term, then midcaps and smallcaps are more often than not going to give you better returns. If you are looking for a short-term horizon, then midcaps and small caps can be volatile and can be risky. Sometimes largecaps outperform midcaps and sometimes midcaps outperform smallcaps. But for the long term, the Nifty 500 benchmark can be a better choice where you have all the largecap, midcap and smallcap segments.”
It’s too early to jump into IT; earmark 4-5% for new age stocks’ bucket: Gurmeet Chadha
“It is probably a little too early to jump on IT. Probably when the Fed formally pauses and says that we are done. Even if you miss out 5-10%, that will be a better time to get into IT. For now, I am neutral. I am not exiting, but not adding either.”
Irdai on a transformational journey to take insurance to masses
Under new chairman Debasish Panda, the regulator is engaging with the industry more than ever and looking to get the sector charged up.
What could be the next mega trend in the market? Raamdeo Agrawal answers
According to Raamdeo Agrawal, Chairman of MOFSL, pure internet companies such as Zomato, Swiggy, and PolicyBazaar can become large players in terms of profit pool. Companies like Bajaj Finance, Zerodha, and Angel One, which are traditional businesses leveraging the power of technology, are also poised for accelerated growth. Another area for growth is the real estate industry, which is showing profits after years of losses.
New-age tech companies beat odds to regain one-third of market capitalisation
Paytm, Zomato, Policybazaar, CarTrade, Delhivery script big comeback
For risk takers: 5 largecap stocks with upside potential of up to 37%
Whether it is Nifty, Banknifty, Nifty Auto, Nifty real estate, all the indices and the market breadth are indicating that bulls are not only in control of the street but also every corner of the street. The corrections are short lived. Even when there is a correction and volatility the bias of that volatility is still bullish, as indicated by an attempt of nifty to move upward by the end of the trading session. These stocks have seen their score improvement and some of them have moved out of negative territory over the last one month. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.
MFs lap up these 3 new-age technology stocks in May; have fortunes changed?
New-age technology companies such as Zomato, FSN E-Commerce, and PB Fintech were among the top investment picks for mutual funds in May. Despite criticism of these companies' lumpy valuations in the past, they have re-focused on improving profitability which has led to institutional interest in them. Zomato's net consolidated loss narrowed to INR 971 crore, and its revenue surged 69% to INR 7,079 crore in FY23. PB Fintech's losses also decreased to INR 487 crore, and revenue increased by 80% to INR 2,558 crore in the same period. Analysts are bullish on Zomato's steady recovery in earnings and growth prospects, while PB Fintech has an oligopoly position in the sector.
Zomato, Paytm or Policybazaar are high growth companies of next decade. Here’s why
Investors who understand the business models of companies and see a clear path to profitability and revenues over the next few years should invest in high-growth companies like Zomato, Paytm and PolicyBazaar, says Nilesh Shah, CEO of Envision Capital. Shah believes such businesses are on track to become hyperscalers in India, and highlights PolicyBazaar, which aims to reach profits of INR10bn ($134m) by 2027, as a stock that could become a compounder with high annualised returns
Can you ditch mutual funds and stocks and just buy ULIPs? Vivek Jain answers
“Historically, for the last three years, the returns are really good. They are as high as 20 to 24%. But over the long term, policyholders can expect about 12-14% returns in the long term although if you look at the returns, even in the seven-year category, they are as high as 17, 18% as well. But typically, one can expect a 12-14% return.”
After Paytm IPO, will conventional valuation metrics regain primacy?
Paytm target downgrade and a sudden shift in momentum puts the spotlight on the mean – or, more precisely, reversion to the mean.
Policybazaar, the most valuable insurance bazaar in the world
PB Fintech Ltd, the parent entity of Policybazaar and Paisabazaar, has emerged as the most valuable insurance marketplace in the world upon listing.
Zomato, Nykaa & Policybazaar could get Amfi large-cap tag: Edelweiss
Newly-listed startups such as Zomato, Nykaa and Policybazaar are among the 10 stocks that are likely to find a place in the Association of Mutual Funds in India's (Amfi) large-cap category of stocks, according to brokerage Edelweiss.
Policybazaar shares end nearly 23% higher on market debut
The IPO of PB Fintech, which operates Policybazaar and Paisabazaar, was subscribed 16.59 times last week. The stock listed at a premium of 17.35% to the issue price of Rs 980 per share.
Policybazaar IPO kicks off: Should you stay away from the issue?
Reliance Securities said Policybazaar IPO is valued at 22.1x FY21 book value and 46x on market cap to FY21 sales, which looks stretched.
Where to look for leadership in banking pack in Q2? Mahantesh Sabarad answers
“The theme for most of the banks is that the leadership will come once they are up and ahead in terms of cleaning up the books. if you go a little lower in terms of the banks’ sizes, then some of the PSU banks at the lower level -- Uco Bank, Indian Bank or even Canara Bank to some extent-- are doing relatively better when it comes to delivering a good set of results."
Zomato market cap breaches Rs 1 lakh crore after stellar D-Street listing
Zomato entered the elite club of Top 100 listed companies in value terms, with a market capitalisation of Rs 90,219.57 crore.
Policybazaar IPO imminent
From Policybazaar's upcoming IPO to Byju's big acquisition and Netflix's gaming foray, here's a quick look at the top tech news today.
Exclusive: PolicyBazaar rejigs cap table with a $45 mn round at $2.4 bn valuation
Online insurance aggregator PolicyBazaar has executed yet another secondary share sale, its second in a little over three months, ahead of an IPO planned at $3.5 billion valuation.
Load More
