Posts in category Economic Times
Quest Laboratories IPO opens today: Check issue size, price band, GMP and other details (15-05-2024)
Quest Laboratories SME IPO opens today to raise Rs 43 crore through a fresh equity issue of 44.49 lakh shares at Rs 93-97 apiece on NSE SME platform. India's pharmaceutical industry, known for generic drugs and vaccines, ranks third globally with a 9.43% CAGR over nine years.
Dare to buy these 8 multibagger stocks trading above 100 PE multiples? (15-05-2024)
Zomato, CarTrade Tech, Olectra Greentech, Waaree Renewable Technologies, JBM Auto, ABB India, Trent, and Godrej Properties are high PE stocks showing multibagger returns. Consider using various valuation metrics and expert insights for informed investment decisions.
Stock market update: Nifty Auto index falls 0.45% in a weak market (15-05-2024)
The Nifty Auto index was trading 0.45 per cent down at 22772.35.
Virat Kohli-backed Go Digit IPO opens for subscription. Should you bid? (15-05-2024)
Go Digit Insurance IPO opens today and closes on May 17. The IPO includes a fresh equity issue of Rs 1,125 crore and an offer for sale of up to 5.47 crore shares. Virat Kohli and Anushka Sharma will retain their investments.
Stock market update: Nifty IT index advances 0.21% in an upbeat market (15-05-2024)
The Nifty IT index was trading 0.21 per cent up at 33191.35.
PSUs in these 5 sectors have a long growth runway: Siddhartha Khemka (15-05-2024)
Siddhartha Khemka of MOFSL highlights the value of PSUs like Bharat Electronics and discusses various trends including Zomato, urban and rural consumption, two-wheeler sector, shipyard names, Vodafone, and Bharti Airtel. Khemka further says: "Among the PSUs, those in the capital goods space, defence, railways, power, utilities, metals definitely have a runway of growth."
Cipla promoters sell 2.53% stake for around Rs 2,600 crore (15-05-2024)
Promoters of Cipla, including Person Acting in Concert, sold 2.04 crore shares in a block deal worth around Rs 2,600 crore to create liquidity for specific needs, including philanthropy. After the stake sale, the entire promoter group holds 31.67% in Cipla, expressing commitment to the company's future.
Sensex, Nifty off to a muted start as Street awaits US inflation print (15-05-2024)
Indian benchmark equity indices opened slightly higher on Wednesday, with BSE Sensex up 0.13% at 73,198 and Nifty50 up 0.2% at 22,261, as investors awaited U.S. inflation print for rate cut clues.
Can the aviation sector clock 15% plus earnings trajectory? Icra’s Kinjal Shah answers (15-05-2024)
ICRA's Kinjal Shah discusses the stable cost environment in the aviation industry with a 14% YoY decline in fuel prices, leading to a decline in net loss. She highlights growth opportunities in the domestic aviation industry and the significance of international operations for carriers. Further Shah says: "We would see two years of 8% to 13% growth for the aviation passenger traffic in the domestic sector."