Sandesh Ltd News
Changing course: Nifty's valuation edge erodes as US Treasury yields surge
Historically, there is a negative correlation between US 10Y treasury bond yield and Nifty 50 valuation
 "Changing course: Nifty's valuation edge erodes as US Treasury yields surge")
Guidance, stock rally may keep Hindustan Aeronautics under pressure
HAL reported a decent set of numbers in Q4FY25, with revenue at ₹13,700 crore (down 7 per cent Y-o-Y). The operating profit dipped 10 per cent Y-o-Y to ₹5,290 crore
 "Guidance, stock rally may keep Hindustan Aeronautics under pressure")
LIC portfolio recovers ₹1.8 trillion amid market rebound from April lows
LIC's top equity holding in terms of value, Reliance Industries (RIL), has been one of the biggest contributors in its portfolio, with the stock's 25 per cent surge adding ₹26,515 crore in value
 "LIC portfolio recovers ₹1.8 trillion amid market rebound from April lows")
Govt gives stockbrokers flexibility in group companies' investments
The DEA has amended Rule 8 of SCRR to clarify that brokers can invest in group companies using own or borrowed funds without breaching rules if liabilities are limited
 "Govt gives stockbrokers flexibility in group companies' investments")
Public listing of power utilities likely to pick up pace across states
Tata Power is the leading private player in the power distribution segment, operating in parts of Delhi, Mumbai, and whole of Odisha as an electricity supplier
 "Public listing of power utilities likely to pick up pace across states")
Shiprocket plans to raise ₹2K cr-2.5K crore via confidential IPO route
Logistics unicorn Shiprocket is preparing a ₹2,000-2,500 crore IPO comprising fresh issue and OFS, with proceeds likely to go into tech, warehousing, and expansion
 "Shiprocket plans to raise ₹2K cr-2.5K crore via confidential IPO route")
Strong growth seen for Divi's Laboratories, but upside capped by valuations
Divi's posted a 12 per cent growth in revenues over the year-ago quarter. Although revenue growth has moderated after four consecutive quarters of top line growth in the 18-25 per cent range
 "Strong growth seen for Divi's Laboratories, but upside capped by valuations")
Mutual fund investors holding onto their SIPs for longer, shows data
SIP assets held for over five years are rising across regular and direct plans as investors adopt long-term strategies and stay invested despite market volatility
 "Mutual fund investors holding onto their SIPs for longer, shows data")
IT stocks fall as Moody's downgrades US sovereign credit rating to 'AA1'
IT stocks slipped after Moody's downgraded the US credit rating to 'AA1', with analysts calling the fall a knee-jerk reaction due to US market reliance
 "IT stocks fall as Moody's downgrades US sovereign credit rating to 'AA1'")
Sebi orders Mehul Choksi to pay ₹2.1 crore for insider trading breach
Sebi has issued a ₹2.1 crore notice to Mehul Choksi for insider trading in Gitanjali Gems and warned of asset seizure; he also faces a court warrant in a ₹55 crore fraud case
 "Sebi orders Mehul Choksi to pay ₹2.1 crore for insider trading breach")
