PRIVATE LIMITED COMPANY
Getting ready to end the 3-year exile: 5 stocks from diagnostics sector with upside potential of up to 53% There are some businesses, where only a black swan event leads to sharp growth in profit. Otherwise the underlying nature is such that they don't have any sudden spike in their profits. But there is constant growth. The constant growth could be beca...
03 Jul, 2024, 05.16 PM ISTGoldman Sachs buys 6.28 lakh shares of Archean Chemical worth Rs 41 crore via block deal The stock has returned 21% over the last year, underperforming the Nifty's 28%. However, it's currently trading above both its 50-day and 200-day moving averages, suggesting positive momentum.
28 Jun, 2024, 12.08 AM ISTExide has surged 80% but still not overvalued? Sudip Bandyopadhyay explains why Transition from IC to electric vehicle is giving a significant opportunity to the battery manufacturers. And remember, in IC, the battery used to be one component, whereas in EV that is going to be the most important component. The opportunity size ...
26 Jun, 2024, 09.17 AM IST- ADVERTISEMENT
Fund Manager Talk | PSU stocks in 3 sectors offer value for long-term investors: Charanjit Singh, DSP Mutual Fund We expect the Government to remain focussed on infra investment even during the third term. Since FY21, the government has focussed on building infrastructure with central government expenditure rising from 1.7% of GDP in FY21 to 3.3% of GDP in FY24.
25 Jun, 2024, 09.00 AM ISTAther Energy converts to public limited company on road to IPO Ather's board greenlit the change at its annual general meeting (AGM) last week, and the EV scooter maker will change its name to Ather Energy Limited, from Ather Energy Private Limited earlier, sources told ET. Ather plans to raise $75-90 million (...
24 Jun, 2024, 09.38 PM ISTVedanta Limited to raise Rs 1,000 cr through private placement of NCDs Vedanta Limited, a subsidiary of Vedanta Resources, announced plans to raise Rs 1,000 crore through bonds on a private placement basis. The fund raise is part of the company’s routine financing or refinancing activities, the company said in a stock...
20 Jun, 2024, 01.05 PM ISTOwn midcaps? Do a check & balance exercise to avoid decision of haste: 7 midcaps from different sectors with an upside potential of upto 49% Every now and then the market goes through phases, where it prefers a certain set of stocks, not based on sector but based on the overall market cap. So, sometimes it is large caps, at other mid-caps. Now this partially happens, due to the flows whi...
08 Jun, 2024, 05.21 PM ISTFundamental tailwinds are a stronger play than volatile markets? 5 Indian pharma stocks with upside potential of up to 31 % There is no doubt that the market is going through a volatile phase and bears are once again telling the street to never write them off. Will this correction continue even longer ? It would probably be clear by the end of the day as the election res...
05 Jun, 2024, 05.02 PM ISTBrett Lee granted tax relief by ITAT due to invalid notice service The Delhi bench of the Income Tax Appellate Tribunal (ITAT) provided relief to former Australian cricketer Brett Lee in a tax case, ruling that the notice served to him under the Income Tax Act was beyond the limitation period. The case involved a ₹...
04 Jun, 2024, 12.08 AM ISTAdani Power arm amalgamates Stratatech Mineral Resources Adani Power Ltd's arm Mahan Energen Ltd approved merging Stratatech Mineral Resources with Dhirauli Coal Mine to enhance fuel security, subject to shareholder and regulatory approvals, with a peak-rated capacity of 6.5 million tonnes per annum. The ...
03 Jun, 2024, 09.00 PM ISTNot so well known stakeholders of EV ecosystem: 8 stocks that don't come instinctively, 3 with an upside potential of more than 18% We also have a whole list, but we have separated the eight companies, just because these companies are not the names which one would instinctively think about and probably they may have more to go as they form this index.
02 Jun, 2024, 12.30 PM ISTREC board approves raising foreign borrowing limit to USD 24 bn State-owned REC Ltd on Friday said its board has approved raising the borrowing limit in foreign currency to USD 24 billion form USD 20 billion. The overall borrowing limit in Indian rupees was however retained at Rs 6 lakh crore, the company said i...
31 May, 2024, 09.00 PM ISTKewal Kiran Clothing acquires 50% stake in Kraus Jeans for Rs 166.51 crore Kewal Kiran Clothing Limited, a leading menswear brand owner, has made a strategic move by acquiring a 50% stake in Kraus Casuals Private Limited for a whopping Rs 166.51 crore. This acquisition marks the company's foray into the women's denim and c...
30 May, 2024, 08.08 PM ISTRadisson Hotel Group debuts in Bihar, to start operations in Q4 2027 Radisson Hotel Group announced the signing of its first hotel in Bihar, Radisson Hotel Patna, in partnership with Naturals Dairy Private Limited. It is expected to be operational by Q4 2027 in Patna’s Patliputra area. The hotel will have 120 rooms, ...
29 May, 2024, 02.28 PM ISTGrasim promotor Birla Group hikes stake by 4.09% to 23.18% in company There has been no change in the promoter/promoter group's total holding in the company, which remains at 43.06%. Shares of Grasim Industries closed at Rs 2,435.10 on the NSE on Tuesday, rising by Rs 44.45 or 1.86%. A part of the Aditya Birla Group, ...
28 May, 2024, 10.49 PM ISTStarting your own business? Take these financial precautions before quitting your job He has worked for 25 years and has held senior management positions in large companies. He holds a large portfolio of assets, including real estate, equity, mutual funds and bonds. He is fairly confident that his business idea will scale up. His two...
20 May, 2024, 06.30 AM ISTAir India fundamental rights claims not valid since it is now a private airline, Supreme Court rules The Supreme Court ruled that Air India ceased to be a state entity post-disinvestment and takeover by Tata Group, hence not liable to fundamental rights claims. Dismissing appeals against Bombay High Court's verdict, it emphasized Air India's transi...
17 May, 2024, 10.20 AM ISTWill short-term headwinds impact long-term potential? 6 stocks from hospital sector with upside potential of up to 30% After outperforming the market, stocks from the healthcare sector or what is more commonly called hospital sector have gone into consolidation mode. The consolidation has been prompted by the fact that voices have been raised about differential pric...
08 May, 2024, 04.30 PM ISTUS imposes sanctions on over a dozen companies, three from India for trade and ties with Iran The United States imposes sanctions on companies, individuals, and vessels, including three from India, for aiding Iranian military's illicit UAV transfers. Sahara Thunder, linked to Iran's military, utilizes India-based companies like Zen Shipping ...
25 Apr, 2024, 11.47 PM ISTSwiggy converts to public limited company ahead of IPO With this, Swiggy is closer to joining a string of new-age internet companies looking to go public including FirstCry, Awfis and Ola Electric.
09 Apr, 2024, 12.30 AM IST