Latest Updates Around The World
Sunil Singhania, founder of Abakkus Asset Manager LLP, has advised investors to stay careful with IT services at IT services, while selective positions in banking, pharmaceutical, metals and capital goods, if valuations in different sectors look more attractive after recent corrections. Singhania now said to Et, that Indian It, despite his worldwide strengths, is confronted […]
Despite the global uncertainties and new tariff shocks of the US, Sunil Singhania, founder of Abakkus Asset Manager LLP, remains optimistic about India’s growth order, where investors encourage current corrections as an opportunity to build positions. Singhania maintained his long-standing bottom-up investment approach, but emphasized patience and discipline. “Opportunities are enough in India, but investors […]
Sunil Singhania-guided ABRAKUS Asset Manager Private Limited has collected more than 64.3 Lakh shares from SmallCap Edelweiss Financial Services in a block deal with a value of RS 64 Crore. The shares were obtained on RS 100 each, a discount of 0.9% until the Monday closing price. The sellers were Edelweiss Employees Welfare Trust and […]
Tilaknagar Industries said that his administration has approved a preference of securities (shares and warrants) worth RS 2,296 Crore to finance its recent acquisition of imperial blue whiskey by Pernod Ricard. The issue price will be RS382 per security and 44 investors participate in this issue, including promoters and existing investors. On Tuesday, the share […]
