The power sector has become a darling of the stock market. Fuelled by a booming population, industrial expansion, and scorching summers, the demand for electricity has skyrocketed. Homes and businesses alike are cranking up air conditioners to battle the heat, pushing the national grid to its limits. Amid this surge […]
Durlax Top Surface IPO: The initial public offering (IPO) of Durlax Top Surface Limited is going to hit the Indian primary market on 19th June 2024, i.e. on Wednesday this week. The public issue will remain open for bidding till 21st June 2024. The solid surface material maker company has […]
Akme Fintrade IPO: Akme Fintrade (India) Ltd is gearing up to launch its ₹132 crore initial public offering (IPO) on D-Street next week, with the subscription period running from June 19 to June 21. The company has set the price band for the issue at ₹114-120 per share. Also, the […]
“MTAR Technologies is a precision machining company with exposure across niche sectors like fuel cells (for Bloom Energy), nuclear, defence, and space. Rising power costs in the US due to grid problems, coupled with the rising cost competitiveness of Bloom Energy, will result in significant tailwinds for MTAR. We value […]
DEE Piping Systems IPO: Piping solutions provider DEE Development Engineers Ltd is set to launch its initial public offering (IPO) worth over ₹418 crore this week. DEE Piping Systems IPO will hit the street on June 19. Before the DEE Piping Systems IPO opens, let us check key details of […]
Stock market news: After ushering in June 2024, Delta Corp‘s share price has been on an uptrend. After bottoiming out at around ₹110 per share mark, Delta Corp share price ended at ₹136 apiece on Friday last week, delivering around a 24 percent rise in a fortnight. According to stock […]
Indian banks have established themselves on a much stronger footing led by cleaner balance sheets, record profits and inexpensive valuations, foreign brokerage firm CLSA said. “We believe Indian banks are well placed after a rollercoaster decade. Balance sheets are the strongest they have been in over a decade and profits […]
Utilise data and analytics In today’s fast-paced investment landscape, using data and analytics is a powerful way to stay ahead of market trends. In today’s digital age, using financial datasets and sophisticated financial models using advanced analytics will help you stay ahead in the game. Advanced analytics tools can help […]
Stock to buy: Brokerage firm Anand Rathi has initiated coverage on Bikaji Foods shares, the third-largest ethnic snacks company in India. Apart from snacks, Bikaji Foods International is also the third-largest player in sweets and the second-largest papad maker pan-India backed by its extensive portfolio and strong branding. The rise […]
Back at home, the first hundred days of the new government are crucial, he said. Besides the infrastructure push, the government has promised solar rooftops for 10 million households. He expects additional initiatives in the green energy sector along with increased focus on the semiconductor space. Edited excerpts: What is […]