As a life insurance company managing the life savings of customers we have a long-term investment approach. We believe the long-term prospects of the Indian equity markets are positive.
Posts tagged All News
How contra fund manager Taher Badshah plans to invest in Samvat 2081 (31-10-2024)
Regarding the enhanced performance, we haven’t made very significant changes. We have followed the standard template: buy head-winded or value businesses, and then over a period of time wait for tailwinds to reappear. We supplement this by maintaining a strict valuation discipline; ensuring we reduce exposure or exit the position when valuation multiples more than adequately reflect that the turnaround or value discovery of that business is close to complete.
ETMarkets PMS Talk: We are bullish on India macro; October correction likely to offer better opportunities to investors: Amit Goel (31-10-2024)
I must also acknowledge the market sentiment, which peaked by the end of September. A few factors aligned in our favor, and being fully invested at the time worked to our advantage.
Adani Power shares in focus after pact with MSEDCL to supply power to Maharashtra (31-10-2024)
Adani Power and its subsidiary, Adani Renewable Energy Fifty-Five Limited, have signed agreements with MSEDCL to supply a combined 6,500 MW of power. Despite a 50% drop in Q2 FY25 net profit to Rs 3,298 crore, revenue rose 3% to Rs 13,339 crore. The company’s shares have increased 12% in 2024 and 77% over the past two years.
All E Technologies, making businesses ready for AI (31-10-2024)
At their size, a wrong acquisition can break the company so while it’s been going on for a while, it doesn’t bother me so much. Mian comes across as conservative in most things which surely plays a role and is both a dampner and a good thing.
Buy Bharti Airtel, target price Rs 1,900: Motilal Oswal Financial Services (31-10-2024)
Motilal Oswal Financial Services recommends buying Bharti Airtel with a target price of Rs 1,900. The company’s consolidated total income increased for the quarter ended September 2024, with a reported net profit after tax of Rs 3079.50 crore. Bharti Airtel is expected to see growth driven by tariff hikes and steady performance in various business segments.
Zaggle Prepaid shares in spotlight as board okays Rs 950 crore fundraise (31-10-2024)
Shares of Zaggle Prepaid Ocean Services are in focus after the board approved a Rs 950 crore fundraise via QIP. The company also appointed Virat Sunil Diwanji as a Non-Executive, Non-Independent Director. Additionally, Zaggle has entered into agreements with Dr. Batra’s Positive Healthcare and TBO TEK for service integration. Shares closed at Rs 439, up 45% over six months.
RVNL bags LoA worth Rs 284 crore from East Coast Railway (31-10-2024)
Rail Vikas Nigam (RVNL) informed that it has received letter of acceptance (LoA) from East Coast Railway for construction project worth Rs 283.69 crore.