KRN Heat Exchanger had an impressive stock market debut, jumping 118% above its issue price after strong IPO demand of over 213 times. The stock continued to rise, trading at Rs 475.85 on the BSE. Analysts attribute the company’s growth potential to its expertise in manufacturing fin and tube-type heat exchangers, adherence to international quality standards, quick turnaround times, and strong client relationships.
Posts in category Economic Times
Should you book profits in KRN Heat Exchanger after multibagger debut? (03-10-2024)
KRN Heat Exchanger had an impressive stock market debut, jumping 118% above its issue price after strong IPO demand of over 213 times. The stock continued to rise, trading at Rs 475.85 on the BSE. Analysts attribute the company’s growth potential to its expertise in manufacturing fin and tube-type heat exchangers, adherence to international quality standards, quick turnaround times, and strong client relationships.
Changed investment style, moved into defensive sectors in last 4 months: Siddharth Vora (03-10-2024)
Prabhudas Lilladher’s Siddharth Vora has transitioned to a defensive investment strategy due to high valuations in the Indian market and various global factors. His portfolio now focuses on quality and low volatility stocks, especially in healthcare, consumer staples, and insurance sectors. He believes this approach will help buffer against short-term market corrections.
Changed investment style, moved into defensive sectors in last 4 months: Siddharth Vora (03-10-2024)
Prabhudas Lilladher’s Siddharth Vora has transitioned to a defensive investment strategy due to high valuations in the Indian market and various global factors. His portfolio now focuses on quality and low volatility stocks, especially in healthcare, consumer staples, and insurance sectors. He believes this approach will help buffer against short-term market corrections.
European shares fall led by tech stocks, investors digest PMI (03-10-2024)
The automobile sector led sectoral declines, falling 2.1% to its lowest in nearly a year. The sub-index was dragged by a 4.7% drop in Stellantis after Barclays downgraded the stock to “equal weight” from “overweight”.
European shares fall led by tech stocks, investors digest PMI (03-10-2024)
The automobile sector led sectoral declines, falling 2.1% to its lowest in nearly a year. The sub-index was dragged by a 4.7% drop in Stellantis after Barclays downgraded the stock to “equal weight” from “overweight”.
KPI Green Energy dividend record date tomorrow. Last day to buy for eligibility (03-10-2024)
Over the past 12 months, KPI Green Energy has declared equity dividends totaling Rs 0.45 per share. With the current share price at Rs 839, the dividend yield stands at 0.05%. After accounting for bonus issues and stock splits, the adjusted dividend yield is 0.03%.
KPI Green Energy dividend record date tomorrow. Last day to buy for eligibility (03-10-2024)
Over the past 12 months, KPI Green Energy has declared equity dividends totaling Rs 0.45 per share. With the current share price at Rs 839, the dividend yield stands at 0.05%. After accounting for bonus issues and stock splits, the adjusted dividend yield is 0.03%.
Hong Kong shares snap 6-day winning streak as investors take profits (03-10-2024)
Hong Kong stocks fell as investors took profits after a six-session rally driven by Chinese stimulus measures. The Hang Seng index closed down 1.47%, with significant declines in property, financials, and technology sectors. Experts warn of a potential market boom and bust similar to 2015.
Hong Kong shares snap 6-day winning streak as investors take profits (03-10-2024)
Hong Kong stocks fell as investors took profits after a six-session rally driven by Chinese stimulus measures. The Hang Seng index closed down 1.47%, with significant declines in property, financials, and technology sectors. Experts warn of a potential market boom and bust similar to 2015.