What makes you believe that these profitable businesses will be listed as demergers?
Like in case of HDFC, these cash hungry banks would prefer IPO route more than demergers. Even if these get listed, going as per other banks and also as per constant need of funds by banks, logically there are high chances of IPO and not demerger. So, no free shares for Kotak bank shareholders in that case.
Kotak Mahindra Bank – Low Cost Liability Banking Franchise (21-10-2024)
Stock market update: Power stocks down as market falls (21-10-2024)
The 30-share BSE Sensex closed down 73.48 points at 81151.27
Rajratan Global Wire consolidated net profit declines 2.21% in the September 2024 quarter (21-10-2024)
Sales rise 14.46% to Rs 245.33 crore
NELCO consolidated net profit declines 27.94% in the September 2024 quarter (21-10-2024)
Sales rise 7.70% to Rs 82.55 crore
Gravita India consolidated net profit rises 24.44% in the September 2024 quarter (21-10-2024)
Sales rise 10.91% to Rs 927.42 crore
Breakout Stocks: How to trade Amber Enterprises, Netweb Technologies & Tech Mahindra on Tuesday? (21-10-2024)
Indian market closed marginally lower on Monday, with auto stocks gaining and realty, oil & gas, metal, power, and IT stocks declining. Amber Enterprises, Netweb Technologies, and Tech Mahindra hit fresh 52-week highs.
Kotak Mahindra Bank – Low Cost Liability Banking Franchise (21-10-2024)
Is there any rationale for only a 20% holding discount? Generally holding companies also trade as much as 80% holding discount?
Stock market update: Nifty IT index falls 1.29% (21-10-2024)
The Nifty IT index closed 1.29 per cent down at 41562.7.