STANLEY
5 world market themes for the week ahead
The upcoming week promises significant market activity with pressure on Joe Biden's election prospects, anticipation of a Fed rate cut, key Q2 earnings reports, an ECB meeting, and the unveiling of the UK legislative agenda by King Charles. Analysts and investors should brace for developments from the U.S., Europe, and China that could influence global markets.
Shelley Duvall, star of 'The Shining' and 'Nashville', dies at 75
Shelley Duvall died Thursday in her sleep at home in Blanco, Texas, her longtime partner, Dan Gilroy, announced. The cause was complications from diabetes, said her friend, the publicist Gary Springer.
Budget 2024: Morgan Stanley expects Nirmala Sitharaman to focus on road map for 'Viksit Bharat'
Global brokerage firm Morgan Stanley expects Finance Minister Nirmala Sitharaman's upcoming Budget to focus on the government's road map for 'Viksit Bharat' by 2047, and outline a medium-term plan for fiscal consolidation. The anticipated emphasis is on capital expenditure, targeted social sector spending, and improving access to physical, social, and digital infrastructure.
NHL free agency tracker 2024: Latest updates, players who signed deals on Day 1, a complete guide
NHL free agency opening day sees a bunch load of drama as some top-notch players re-sign for their respective teams, while some in the list were bought out. NHL is currently at a high after the epic Stanley Cup Finals, that was ultimately championed by the Florida Panthers.
Stanley Lifestyles shares surge 9% after Morgan Stanley picks up over Rs 16 crore stake
Stanley Lifestyles aims for business doubling in major metros with a steady 20% annual growth rate, steering clear of small town expansions.
RIL shares can create up to $100 billion wealth, predicts Morgan Stanley
Morgan Stanley, a global brokerage firm, forecasted that Mukesh Ambani-led Reliance Industries' (RIL) fourth monetisation cycle could potentially increase market capitalisation by $60-100 billion. They set a target price of Rs 3,540 in the base case scenario.
- Go To Page 1
After a robust debut, Morgan Stanley picks up 3.5 lakh shares in Stanley Lifestyles for Rs 16.7 crore
The shares were acquired through a bulk deal at Rs 478.9 each. In the same transaction, Oman India Joint Investment Fund sold approximately 40.7 lakh shares, according to BSE data. Separately, on the NSE, Franklin Templeton Mutual Fund and Nippon India Mutual Fund purchased 11 lakh and 5 lakh shares in Stanley, respectively.
Stocks in news: JSW Infra, Stanley Lifestyles, SAMHI Hotels, Bank Of Baroda, IREDA
Indicating that the company is still interested in the mega Tajpur deep sea port in West Bengal, JSW Infrastructure Ltd said that it remains open to re-evaluate its strategy for the project.
Fidelity funds sell Rs 1,788-cr HCL Tech shares
ICICI Prudential Mutual Fund was the single largest buyer at 1,001 crore, followed by Morgan Stanley Asia Singapore PTE and Citigroup Global Markets Mauritius fund. Shares of HCL Technologies closed 0.42% up on NSE at 1,461 Friday.
Stanley Lifestyles lists at 34% premium
The IPO consisted of a fresh issue of ₹200 crore and an offer for sale of 91.3 lakh shares aggregating to ₹337 crore on the upper price band. The offer was subscribed 96.98 times on its final day of bidding on June 25.
SAMHI Hotels block deals: Morgan Stanley, Abu Dhabi Investment Authority buy shares worth Rs 79 crore
Morgan Stanley Asia Singapore Pte acquired around 31 lakh shares, while ADIA purchased 11.35 lakh shares. Together, their combined investment amounts to Rs 79 crore.
Stanley Lifestyles shares jump nearly 30% in debut trade
Shares of luxury furniture brand Stanley Lifestyles Ltd ended with a premium of nearly 30% on Friday, against the issue price of Rs 369. The stock started the trade at Rs 499, reflecting a jump of 35.23 per cent on the BSE.
Stanley Lifestyles to double business in next four years; expand in major metros: CMD
Stanley Lifestyles, a luxury furniture maker, focuses on major metros and aims to double business by localizing raw material production through European joint ventures, reducing import dependency.
Stanley Lifestyles shares list at 35% premium over issue price
Stanley Lifestyles' successful IPO debut and premium listing reflect its position as a leading luxury furniture brand. With strong financial backing and strategic partnerships, the company is poised for significant growth in the upscale furniture market.
PM Gati Shakti scheme is transforming India's infrastructure: Morgan Stanley
In a recent report, Morgan Stanley has lauded India's PM Gati Shakti scheme, highlighting its significant impact on infrastructure development. The report emphasizes India's robust increase in infrastructure investment, projected to rise from 5.3% to 6.5% of GDP by F29, driven by a strong 15.3% CAGR. This growth is expected to total USD 1.45 trillion over five years, fostering high productive growth and enhancing investment rates. PM Gati Shakti integrates 16 ministries for coordinated infrastructure planning, focusing on multi-modal connectivity and logistics efficiency, which has shown tangible results in project completion and sectoral development.
Private consumption seen growing, concerns on capex growth: Morgan Stanley Research
Consumption growth has remained weak since the pandemic, recovering at a slow pace. Private consumption is recovering, with growth is tracking at 4% in the quarter ended March 31, 2024 as against 1.5% a year ago but it is just catching up to the pre-pandemic trend and remains below the pre-pandemic average of 6.3% in 2019.
Stanley Lifestyles IPO subscribed 96.98 times
The qualified institutional buyer (QIB) portion was subscribed 222.1 times, the non-institutional investor (NII) portion 119.52 times while the retail investor portion was subscribed 19.21 times.
Stanley Lifestyles IPO booked nearly 97 times at close. Check GMP and other details
Stanley Lifestyles IPO showcases strong demand and oversubscription across investor categories, with analysts recommending subscribing for long-term growth. The company's unique market position, revenue growth, and strategic lead managers signal a promising future in the luxury furniture industry.
Stanley Cup Finals: Florida Panthers win NHL Stanley Cup for the first time in their 30-year history
Florida Panthers beat the Edmonton Oilers fair and square 2-1 in the seventh game of the Stanley Cup Finals, held at the Amerant Bank Avenue in Florida. With the home crowd rooting for them, Panthers went ahead roaring even though the Oilers tried their best to get back into the game in the final ten minutes, but to no avail.
Morgan Stanley sees 7-35% upside for new-age stocks
"We see macro factors aligning (multiple re-rating for growth stocks in India and other regions, tight PE/VC money keeping the competitive environment benign) with micro factors (strong execution reflected in market share gains, margin improvement driving profit upgrade cycle) and supporting share prices," said Morgan Stanley's analysts in a client note.
Stanley Lifestyles IPO booked 3.2 times so far on Day 2. Check GMP and other details
Stanley Lifestyles, a luxury furniture maker, saw its IPO oversubscribed 3.2 times on the second day. The net proceeds will fund store expansion and renovation.
Stanley Lifestyles IPO: Issue oversubscribed at 1.43 times on day 1. Check GMP, other details
Stanley Lifestyles' IPO opened for subscription on Friday. It was oversubscribed at 1.43 times. The retail portion was subscribed 1.80 times on Day 1 while the quota available for non-institutional investors was booked 2.01 times.
Stanley Lifestyles IPO opens for subscription. Should you bid?
The net proceeds from the Stanley Lifestyles IPO will be used for expenditure for opening the new stores, anchor stores, and renovating existing stores. The current grey market premium of Stanley Lifestyles is Rs 150 in the unlisted market.
Stanley Lifestyles high on luxury quotient, raises Rs 161 cr from anchors
Private equity-backed Stanley Lifestyles, the fourth-largest player in India's home furniture market, is set to launch a ₹537 crore IPO. The company's revenues have more than doubled, and net profit has grown significantly in recent years.
Stanley Lifestyles IPO: 10 things to know before subscribing to the issue
The initial public offering (IPO) of Stanley Lifestyles will open for subscription on June 21. The issue closes on June 25. Through the public offer, the company plans to raise around Rs 537 crore. Here are 10 things to know about Stanley Lifestyles IPO before subscribing to the issue.
Morgan Stanley playing India's infra boom with these 4 stocks
Morgan Stanley expects a 15.3% CAGR in India's infrastructure investments, leading to $1.45 trillion spending over 5 years. They highlight the impact of PM Gati Shakti on project execution and efficiency improvements.
Morgan Stanley PE Asia Fund invests ₹500 crore in Omega Hospitals
"With the increasing incidence of cancer in recent years, our mission is to deliver high-quality, full-service cancer care offerings in India. This partnership with Morgan Stanley PE Asia will help us accelerate this journey, and we are excited to build Omega Hospitals into India’s largest cancer care chain in the next few years," said Dr. Mohan Vamsy, Managing Director of Omega Hospitals.
Furniture firm Stanley Lifestyles' IPO opens June 21
The offer consists of a fresh issue of ₹200 crore and an offer for sale of up to 9,130,000 shares worth ₹337 crore by existing shareholders. Sunil Suresh and Shubha Sunil, promoters of Stanley, will sell 1.18 million shares each in the OFS portion of the IPO. Investor Oman India Joint Investment Fund II will also divest 5,545,000 shares in the IPO.
Stanley Cup Finals: Date, time, place, and how to watch Edmonton Oilers- Florida Panthers game live online
Stanley Cup this year promises to be much more intense than what was seen in the previous editions as one of the teams, the Edmonton Oilers, have entered the finals after a long wait and they will be going all guns blazing against one of the most formidable teams, Florida Panthers, who were initially seeded as one of the favorites for the title this year.
Load More
