 "Kumar Gaurav")
Kumar Gaurav
Kumar Gaurav
Kumar Gaurav is a business journalist driven by a profound passion for the economy, culture, and human rights. He covers market movements, IPOs, regulatory updates, and major developments in equity markets. Having earned a Master's degree in Journalism from the University of Delhi's Delhi School of Journalism, Kumar previously worked with ET Now and Financial Express, focusing on primary and secondary markets. His dedication lies in uncovering the connections between the markets and the human experience, offering a nuanced perspective on the world of business.
Kumar Gaurav is a business journalist driven by a profound passion for the economy, culture, and human rights. He covers market movements, IPOs, regulatory updates, and major developments in equity markets. Having earned a Master's degree in Journalism from the University of Delhi's Delhi School of Journalism, Kumar previously worked with ET Now and Financial Express, focusing on primary and secondary markets. His dedication lies in uncovering the connections between the markets and the human experience, offering a nuanced perspective on the world of business.
Kumar Gaurav
War jitters hit IPOs: Powerica, Sai Parenteral lag; Amir Chand bucks trend
Among the three IPOs set to close for subscription today, only Amir Chand Jagdish Kumar has been fully subscribed, while Powerica, and Sai Parenteral's are yet to be fully booked
 "War jitters hit IPOs: Powerica, Sai Parenteral lag; Amir Chand bucks trend")
Geojit bullish on solar module makers; bets big on Waaree, Premier Energies
At the current market price, Geojit sees a 15 per cent upside for Waaree Energies shares, and 17 per cent for Premier Energies, initiating coverage on both stocks with Buy ratings
 "Geojit bullish on solar module makers; bets big on Waaree, Premier Energies")
Medanta valuation attractive post correction; JM Financial pegs 42% upside
The stock is currently trading at 21x FY27E Ebitda, implying a 25 per cent discount to its historical average
 "Medanta valuation attractive post correction; JM Financial pegs 42% upside")
SMIDs shine on easing West Asia tensions, advance 3%; BLS spurts 15%
In the smallcap segment, BLS International Services led the gains, quoting higher by 14.6 per cent
 "SMIDs shine on easing West Asia tensions, advance 3%; BLS spurts 15%")
India is a crown jewel, says Binance APAC head SB Seker on crypto growth
With deep digital penetration and a young, tech-savvy population, India, Seker believes, is a market unmatched globally for meaningful blockchain adoption and innovation
 "India is a crown jewel, says Binance APAC head SB Seker on crypto growth")
Sai Parenteral's IPO gets mixed reviews; does it merit your investment?
Analysts at SBI Securities, and Ashika Institutional Equities have recommended subscribing to the issue for the long term, while those at Swastika Investmart have assigned an 'Avoid' rating
 "Sai Parenteral's IPO gets mixed reviews; does it merit your investment?")
Nifty Metal index falls up to 5% as West Asia crisis dents market sentiment
The Nifty Metal index, which tracks 15 companies from the metals and mining sector, plunged 4.71 per cent to hit an intraday low of 10,874 on the NSE
 "Nifty Metal index falls up to 5% as West Asia crisis dents market sentiment")
Indian Rupee weakens past 94/$ on elevated crude prices, firm US dollar
The decline in the domestic currency, analysts said, reflects a combination of elevated crude prices, persistent foreign outflows, and a structurally strong US dollar
 "Indian Rupee weakens past 94/$ on elevated crude prices, firm US dollar")
HDFC Sec assigns 'Buy' tag to NTPC Green Energy, sees 22% upside; know why
The optimism stems from the company's aggressive capacity addition plans, supported by NTPC's established execution capabilities, which are expected to help it capitalise on rapidly growing demand
 "HDFC Sec assigns 'Buy' tag to NTPC Green Energy, sees 22% upside; know why")
JP Morgan bullish on EMS: Syrma top pick; upgrades Amber, Cyient DLM to OW
JP Morgan expects strong growth across the EMS universe, projecting a 20 per cent revenue CAGR over the next two years (30 per cent excluding Dixon)
 "JP Morgan bullish on EMS: Syrma top pick; upgrades Amber, Cyient DLM to OW")
West Asia war weighs on Indian markets; IPOs, unlisted shares lose steam
NSE, whose IPO is yet to open, saw its unlisted shares fall 3.47 per cent to ₹1,945, while BSE shares, already listed, rose 5.64 per cent to ₹2,860
 "West Asia war weighs on Indian markets; IPOs, unlisted shares lose steam")
Trent: Once a D-St darling, now testing investor patience; what lies ahead?
After a spectacular rally that multiplied investor wealth nearly tenfold between April 2021 and October 2024, Trent shares have been on a persistent decline
 "Trent: Once a D-St darling, now testing investor patience; what lies ahead?")
Stocks to Watch today: ACME Solar, Gravita India, Kalpataru, Raymond Realty
Stocks to Watch today, March 13: Aurobindo Pharma, Godrej Properties, KPI Green Energy, JK Lakshmi Cement, Max Financial Services, and Nectar Lifesciences are among the top stocks to remain in focus
 "Stocks to Watch today: ACME Solar, Gravita India, Kalpataru, Raymond Realty")
Motilal Oswal expects Maruti Suzuki to outpace sector growth; retains 'Buy'
Overall, MOFSL expects Maruti Suzuki India to post a 16 per cent earnings CAGR over FY25-FY28E, and has set a target price of ₹17,406 per share
 "Motilal Oswal expects Maruti Suzuki to outpace sector growth; retains 'Buy'")
Stocks to Watch today: Wipro, Adani Enterprises, Mahanagar Gas, Borosil
Stocks to Watch today, March 12: Ashok Leyland, Akzo Nobel, Jindal Steel, Bharat Forge, ACME Solar, and Adani Ports are among the top stocks to remain in focus today
 "Stocks to Watch today: Wipro, Adani Enterprises, Mahanagar Gas, Borosil")
$1 mn Bitcoin is possible, says Bitwise CIO Matthew Hougan; here's the math
Bitcoin price prediction: Hougan argues that Bitcoin should be analysed as an emerging store-of-value asset similar to gold rather than purely as a speculative investment
 "$1 mn Bitcoin is possible, says Bitwise CIO Matthew Hougan; here's the math")
Crude surge may trigger paint price hikes; Systematix prefers Berger Paints
Systematix continues to prefer Berger Paints India, highlighting its consistent growth outperformance and momentum across both decorative and industrial segments
 "Crude surge may trigger paint price hikes; Systematix prefers Berger Paints")
Stocks to Watch today: Infosys, Adani Enterprises, IndiGo, Waaree Energies
Stocks to Watch today, March 11: TVS Supply Chain, HG Infra, Waaree Renewable Technologies, Hindustan Zinc, and Bank of Baroda are among the top stocks to remain in focus today
Elara sees essential-led growth in LG Electronics; starts with 'Accumulate'
Elara believes LGEIL could see accelerated revenue growth of 14-16 per cent (upside case) during FY26E-FY30E from the current growth of around 11 per cent
 "Elara sees essential-led growth in LG Electronics; starts with 'Accumulate'")
Nomura retains confidence in Indian steel cos; Tata, JSW among top picks
Among sector players, Nomura has maintained Buy recommendations on Tata Steel with a target price of ₹220 per share, JSW Steel at ₹1,340, Jindal Steel at ₹1,280, and Lloyds Metals & Energy at ₹1,600
 "Nomura retains confidence in Indian steel cos; Tata, JSW among top picks")