Quick disc : I took an exit from Vikram Solar, been a good ride. Evaluated the potential IPO/timelines and valuations and felt comfortable exiting now. Time to focus on health care, high tech and product/platform start ups.
Posts tagged All News
Buy PI Industries, target price Rs 5,200: Motilal Oswal Financial Services (20-11-2024)
Motilal Oswal Financial Services recommends buying PI Industries stock. They project a target price of Rs 5,200. The company shows promise despite challenges in the global industry. PI Industries is expected to grow steadily. This growth will be driven by new molecules and product launches. The company’s pharma division is also expected to expand.
Indrajit Agarwal explains why larger cement players will continue to gain market share (20-11-2024)
India’s materials sector, after facing headwinds, is poised for a strong recovery driven by government spending and stabilizing prices. Despite weak demand and input cost volatility impacting second-quarter earnings, analysts are optimistic about a rebound in the second half. While the Chinese economy’s trajectory raises concerns for steel, domestic appliances are expected to benefit from rising incomes and premiumization trends.
Asian shares cautious ahead of Nvidia result, dollar gives back gains (20-11-2024)
Nasdaq futures rose 0.2 per cent on Wednesday on top of a 1 per cent jump overnight, MSCI’s broadest index of Asia-Pacific shares outside Japan was flat and Tokyo’s Nikkei slipped 0.3 per cent
Positive on NTPC parent, not so sure about listing renewable business separately: Nikhil Nigania (20-11-2024)
Bernstein remains optimistic about NTPC as the parent entity, despite not recommending a separate listing for NTPC Renewables. They believe the Indian solar PV manufacturing industry is in a favorable position, benefiting from the US and India’s reluctance to rely on Chinese imports. However, they foresee a potential supply glut in the medium to long term.
Asian markets struggle as traders weigh geopolitical tensions (20-11-2024)
Asian markets were mixed as investors weighed the potential for escalating conflict in Ukraine and the implications of Donald Trump’s second presidency, including trade tensions with China and the impact on US interest rates. Traders awaited Nvidia’s earnings report, hoping for insights into the tech sector’s health.