TYPES OF FPO

Unfazed by Hindenburg! LIC hikes stake in 4 Adani stocks

LIC also increased stakes in Adani Transmission, Adani Green and Adani Total Gas during the quarter. On the other hand, the insurer pared stakes in Adani Ports and Ambuja Cements. The shareholding remained the same in case of ACC. ​​It is not known whether the transactions were made before or after the release of the Hindenburg report.

$100 billion loss! Adani bulls counting cost after deadly Hindenburg shelling

Hindenburg's report last week alleged an improper use of offshore tax havens and stock manipulation by the Adani group. It also raised concerns about high debt and the valuations of seven listed Adani companies.

Contagion continues! Most Adani group stocks hit lower circuits

As the stock rout deepened, Adani was forced to withdraw the FPO last night in a surprise announcement. This morning, it was reported that Citi's wealth unit has also decided to cut the loan-to-value ratio for credit against Adani securities to zero.

Investor reaction to Adani market rout after short-seller report

Indian shares were trading at a premium last year and that premium is now at risk as investors realise maybe the underlying fundamentals are not as strong as many thought. Adani may have started a confidence crisis in Indian shares and that could have broader market implications

Budget 2023: It’s the best time to put money on both Nifty & Bank Nifty: Sanjiv Bhasin

“This Budget is all about MSMEs. MSME means banking growth and consumption and we have got relief for all types of tax brackets and could not have asked for more. There’s capex push with Rs 7.5 lakh crore becoming Rs 10 lakh crore. Markets are going to take a day or so. Next week onwards, 18,500 is on the cards.”

No large shareholder has exited Adani Group; huge promoter debt unsubstantiated speculation, says CFO Jugeshinder Singh

“Every week on average, our portfolio makes about Rs 1,100 crore. This Sunday also, that number was achieved. Next Sunday it will be the same, the following Sunday it will be the same. We believe that it will become clear to investors that this short-term volatility will be addressed as we go through over the next few months.”

Hindenburg ambush! How a 106-page report dragged Gautam Adani's wealth below $100 billion

In the last two trading days, Thursday being a market holiday, the 60-year-old Ahmedabad-based college dropout has been left poorer by around $29 billion, pushing him to the seventh slot in the elite list of world's richest billionaires.

Should investors sell Adani stocks or buy the dip? Sanjiv Bhasin answers

“There will always be uncertainty when a group has made its market cap past Rs 20 lakh crore in the last five years but it is on the back of businesses which are there. It all seems concerted. It tells us how insider trading is very open right now. SEBI and stock exchanges should look to who had initiated this and where was the call writing and put and hence the option market.”

Bulls of Dalal Street dump Gautam Adani’s crown jewels for 4 quarters in a row!

Data shows that both foreign institutional investors (FIIs) and mutual funds (MFs) have consistently sold Adani Group companies’ shares in the last 4 quarters.

What is an FPO & how does it benefit the company, shareholders?

Ruchi Soya shares crash 19% after announcement of FPO allotment

According to PTI reports, nearly 97 lakh bids were withdrawn by FPO investors after markets watchdog Sebi directed Ruchi Soya to give investors the option to withdraw their bids.

We maybe in a sideways market; it does not look like a bull market: Dipan Mehta

“Nobody can really call the end of this particular cycle of a bear market. It could be a sideways market. It certainly does not look like a bull market. Nobody can call the change of this phase unless we have some visibility on oil prices and these geopolitical events which certainly keep on popping up from time to time impacting the sentiment.”

Ruchi Soya FPO subscribed 8% in first 3 hours of bidding

Analysts are largely upbeat about the issue as the company is selling shares at a deep discount to the prevailing prices. Moreover, the company plans to use the fund to pay off debts, which will also strengthen its balance sheet.

Ruchi Soya's Rs 4,300 crore FPO kicks off: Should you participate?

"Considering Ruchi Soya's strong brand recall, wide distribution, better financial track record and healthy ROE, we have a positive view for the FPO. It is recommended to “subscribe” the issue from the long term perspective," said Ashika Stock Broking.

Are pharma stocks ready for a rally? Here’s what Devang Mehta has to say

“We are into MNC pharma companies like Abbot Laboratories. After the correction, we have also started to buy into Dr Lal Path Labs, a company with 35-40% ROEs, a company which has a larger market share of around Rs 800 revenues per patient. These are some metrics which we like. Apart from it, we also like the CRAM space, where Syngene has been one of the top picks in the last two, three years.”

PFC dismisses speculations over FPO in near future

The company said, "There have been rumours circulating in the market on the launch of FPO by the PFC. In this regard, it is clarified that the PFC is not planning to launch any such FPO in the near future".