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GMP and Other Details of TVS Supply Chain Solutions IPO: Retail Quota Fully Subscribed

by Craig Fedirighi
GMP and Other Details of TVS Supply Chain Solutions IPO: Retail Quota Fully Subscribed

The initial public offer (IPO) of TVS Supply Chain Solutions was subscribed 21% so far on the first day of the bidding process. However, the retail portion was fully subscribed …

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Categories Business

Is it wise to buy, sell, or hold PB Fintech as it slides 10% after Q1 earnings?

by Craig Fedirighi
Is it wise to buy, sell, or hold PB Fintech as it slides 10% after Q1 earnings?

Slide in the shares of PB Fintech continued on Wednesday, with the stock falling nearly 10% in the two sessions following its June quarter earnings, where the company narrowed its …

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Categories Business

Previewing the Market: 10 Key Factors That Will Shape Wednesday’s Trading

by Craig Fedirighi
Previewing the Market: 10 Key Factors That Will Shape Wednesday’s Trading

Indian equities fell on Tuesday, breaking their two-day winning streak, as investors turned cautious ahead of the key events — RBI’s monetary policy and the US inflation data — due …

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Categories Business

Should you buy, sell or hold Eicher Motors shares following a 50% YoY increase in Q1 profit?

by Craig Fedirighi
Should you buy, sell or hold Eicher Motors shares following a 50% YoY increase in Q1 profit?

Eicher Motors shares rose nearly 3% to Rs 3,478 in early trade on Friday after the firm reported a 50.38% year-on-year (YoY) rise in its June quarter profit at Rs …

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Categories Business

IT Investors Remain Anxious Due to Weak Guidance and Multi-Quarter Low Growth; What Can be Expected in the Future?

by Craig Fedirighi
IT Investors Remain Anxious Due to Weak Guidance and Multi-Quarter Low Growth; What Can be Expected in the Future?

Dalal Street investors weren’t expecting any fireworks in IT companies’ first quarter earnings, but the disappointments were worse than anticipated, as growth hit multi-quarter lows. Frontline IT companies have seen …

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Categories Business

Fedbank Financial, a subsidiary of Federal Bank, resubmits IPO draft papers to SEBI

by Craig Fedirighi
Fedbank Financial, a subsidiary of Federal Bank, resubmits IPO draft papers to SEBI

Fedbank Financial Services, promoted by Federal Bank, has resubmitted its draft papers with market regulator SEBI to raise funds through an IPO. The IPO consists of a fresh issue of …

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Categories Business

Highest Bearish Bets on Infosys Share Price Since 2017 Recorded

by Craig Fedirighi
Highest Bearish Bets on Infosys Share Price Since 2017 Recorded

Recession fears have driven analysts to their most bearish on Indian information-technology sector bellwether Infosys Ltd. since uncertainties surrounding Brexit rocked the more than $200 billion sector six years ago. …

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Categories Business

Sebi approves IPO for TVS Supply Chain Solutions

by Craig Fedirighi
Sebi approves IPO for TVS Supply Chain Solutions

TVS Supply Chain Solutions, part of TVS Mobility Group, has obtained approval from capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO will consist …

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Categories Business

Why India is Decoupling from Global Peers: 3 Factors Indicating a Lasting Shift in the Indian Stock Market

by Craig Fedirighi
Why India is Decoupling from Global Peers: 3 Factors Indicating a Lasting Shift in the Indian Stock Market

FY24 has started with a bang with MSCI India moving up 13%, when MSCI World index was up only 4% and MSCI EM down 1%. India is the second-best performing …

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Categories Business

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