Latest Updates Around The World
India’s food and high-speed trading ecosystem is entering a decisive phase, marked by new entrants, deep-pocketed incumbents and increasing investor scrutiny of profitability. Even as a new player filed its draft Red Herring Prospectus (DRHP) this weekend, the sector remains flush with capital, with existing players sitting on nearly ₹40,000 crore of cash. While fundraising […]
JSW Steel’s consolidated net profit rose more than four times year-on-year in the September quarter, helped by growth in volumes and improvement in profitability. However, the result fell short of analysts’ expectations. The company reported its profit during market hours and its shares closed at Rs 1,166.80 on the BSE, down 0.4% from the previous […]
Goldman Sachs has turned bullish on Indian banking stocks, saying easing financial conditions, low earnings expectations, improving profitability and attractive valuations are paving the way for a strong recovery. The brokerage expects Nifty Bank to outperform the broader market, with banks and NBFCs offering up to 30% upside from current levels. 1. Easier financial conditions […]
International Makelaarskantoor HSBC has repeated its ‘Buy’ call to Eternal, which increases its target price to RS 390 per share of RS 340, with reference to clear scale and profitability leadership in both food delivery and fast trade, while a ‘hold’ and RS 430 are the Vooruitbang of the Vroormijdier and the Vroormijdier and the […]
In his recent report, Client Associates (CA), one of the leading multi-family offices of India who manages more than $ 7 billion in assets, revealed that only 36% of the investors in IPOs in the New Age in the long-term accelerated, despite the fanfare, has been in the long term. The analysis, which covers 25 […]
