Nilesh Shah from Envision Capital believes consumer demand in India is growing thanks to aspirational spending, despite disruptions from new market entrants. He emphasizes the need for job creation, upskilling, and private capital expenditure, prominently investing in sectors like financials, renewables, and smaller IT firms with growth potential.
Posts in category Economic Times
Vedanta, Coal India among top 10 stocks with up to 8.5% dividend yield (02-11-2024)
Dividend yields provide insight into the income investors as to how much one can earn relative to their investment in a stock. Higher yields are often appealing to income-focused investors.
Nilesh Shah on India’s next big growth plays and why market corrections are just short-lived blips (02-11-2024)
Nilesh Shah of Envision Capital explains that despite individual stocks experiencing significant declines, the overall stock market remains resilient with periodic corrections. He highlights strong earnings growth, especially among smaller companies, and discusses the potential for significant market growth driven by increased female workforce participation and digitalization, particularly in the beauty and personal care sector.
FPIs record unprecedented Rs 1.13 lakh crore sell-off in October, remain buyers in cash market (02-11-2024)
The duality in the behavior of FPIs is explained by Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, stating that the primary market issues are mostly at fair valuations whereas the benchmark indices are trading at elevated valuations.
Amitabh Bachchan to Rahul Dravid: Know the star-studded lineup of Swiggy’s celebrity investors as IPO nears (02-11-2024)
Swiggy’s anticipated IPO next week has generated significant interest among celebrity investors and institutional firms. With the online food delivery market projected to grow at 20% during CY23-28, Swiggy targets a valuation of $11.3 billion and plans to use the proceeds for investments in technology, cloud infrastructure, and brand marketing.
Coal India, REC among 41 stocks with record dates for dividend, bonus, split this week. Do you own any? (02-11-2024)
This week, several companies including Coal India, Hindustan Unilever (HUL), and REC Ltd are scheduled for record dates related to dividends, bonus issues, and stock splits. Shareholders must own stocks before the ex-date to be eligible. Notable dividends include Rs 24 by Colgate-Palmolive, Rs 15.75 by Coal India, and Rs 28 by Ajanta Pharma.
IPO Calendar: Swiggy among 5 IPOs to be served hot for investors next week (02-11-2024)
Next week the primary market anticipates the IPO of Swiggy, along with four other offerings. Included are Acme Solar Holdings, Sagility India, and Niva Bupa Healthcare. Neelam Linens will debut in the SME segment. Swiggy aims to utilize IPO proceeds for investment in subsidiary Scootsy, technology, cloud infrastructure, and brand marketing.
NSE launches new mobile app, upgrades website to empower investors (02-11-2024)
On Diwali, the NSE introduces the NSEIndia mobile app and expands its website to support eleven regional languages, enhancing accessibility and inclusivity for Indian investors. The app provides market insights, personalized watchlists, and derivatives market data, aiming to empower investors with intuitive tools and real-time information.
How you can pave path to prosperity with Gold ETFs (02-11-2024)
Gold has historically served as a hedge against inflation and economic distress, offering returns and mitigating risks when included in portfolios. While physical gold has drawbacks like storage risks and purity concerns, Sovereign Gold Bonds and Gold ETFs present viable alternatives with added benefits, including liquidity and lower costs.
Executive search firm EMA Partners India to launch IPO (02-11-2024)
EMA Partners India plans to launch an IPO worth up to Rs 100 crore, making it the first executive search firm to be listed in the country. Proceeds will be used for leadership team augmentation, IT infrastructure upgrades, debt repayment, and potential acquisitions. EMA’s net worth is Rs 70 crore with a significant profit increase as of March 2024.