Morgan Stanley has recently issued an “Advise to Buy” rating on Suzlon Energy one of India’s leading renewable energy companies after experiencing a significant correction in its stock price. The recommendation of the brokerage firm was after a sharp pull down from the peak of the said stock, leaving most investors to believe that now … Read more
From India to other crucial international markets, Varun Beverages is one of the most significant bottling partners of PepsiCo. Share prices have recently increased by 2.71%. Because of its presence in the fast-moving consumer goods industries and especially in this immensely competitive beverage business, this increase provokes further analysis about its level of health, the … Read more
The stock of Honasa Consumer Ltd., the company behind popular direct-to-consumer brands Mamaearth, The Derma Co., and Aqualogica, has declined sharply even as the company reported a decline in losses for the last quarter. Its market capitalization has slipped below the crucial $1 billion mark as investors’ sentiment turned extremely negative on the back of … Read more
The leading logistics and supply chain company in India, Delhivery, has reported a net profit for the second consecutive quarter in its financial reports for 2024, sending the share price on the stock market up by 4%. But one would say this itself is a reason to be optimistic about the investors’ side, as it … Read more
NTPC Green Energy Limited (NTPC GEL), an arm of NTPC Limited, is set to enter the capital markets in India with an Initial Public Offering by November 2024 to raise capital from the Indian stock markets. The IPO is scheduled to open on November 19, 2024 and close on November 22, 2024-an another strategic step … Read more
In a significant strategic shift, Hong Kong-based CLSA has upgraded its investment view on India but downgraded its view on China this year as it enters 2024. This change in stance comes after a series of high-profile developments, including former U.S. President Donald Trump’s latest comments and hints at a more significant change in the … Read more
Of course, the most popular issue has been the Zinka Logistics Solution IPO as it edges its way toward being listed on the stock exchanges. The market has already seen important interest in the subscription numbers of this IPO on Day 3, showing promising growth, and gives investors the chance to understand whether this IPO … Read more
The birthday of Guru Nanak, the founder of Sikhism, one of the most significant festivals in India, takes place on November 15, 2024, that is on a Friday. It is an official holiday in India, which is being observed with religious enthusiasm as well as grand festival events and has great cultural value. It also … Read more
The growth assumption for India in FY25 has been increased by the World Bank from 6.6% to 7%. Decreases in government spending in Q1 FY25 encouraged a downturn, but overall economic growth is expected to continue. Different estimates of growth from the RBI, Goldman Sachs, and J.P. Morgan reflect different hopes for the global economy. … Read more
On the final day of the share sale, 419 subscriptions were received for the company’s first public offering (IPO). NEW DELHI: The primary market’s excitent has gone above the point of reason. The same was shown in the particular case of Resourceful Automobile Ltd.’s initial public offering (IPO), which was held by an MSME that … Read more
