Equirus

AI focus, weak spending to weigh on IT firms in June quarter: Equirus

India's IT services sector is likely to post a "soft" June quarter as enterprises stay cautious about discretionary technology spending amid global macroeconomic uncertainty, geopolitical developments and a focus on AI-led efficiency, according to Equirus Securities. Equirus expects the top six Indian IT services companies to report constant-currency organic US-dollar revenue performance ranging from a 1.7 per cent decline to 1.1 per cent growth quarter-on-quarter. Wipro IT Services is expected to be at the lower end of the range, while Tech Mahindra is likely to lead the large-cap pack. Among mid-sized companies, Persistent Systems, Mphasis and eClerx are expected to post relatively stronger organic growth, it said. "Enterprise technology spending is expected to remain measured during the June quarter as global macroeconomic uncertainty, geopolitical developments and a continued focus on AI-led productivity gains keep discretionary IT investments under pressure," as per Equirus ...

Debt repayment, capital expenditure: How IPO proceeds are being utilised

data on 189 IPOs where information is available show that the total amount to be raised through fresh equity was Rs 1.20 trillion, with another offer for sale (OFS) component being Rs 62,000 crore

IPO boom: 2020-25 fundraising tops previous 20 years despite fewer issues

IPO fundraising between 2020 and 2025 touched ₹5.39 lakh crore, surpassing the ₹4.56 lakh crore raised during the entire 2,000-2,020 period, according to data from Equirus Capital

An IPO's on the table for near future: Equirus Group MD Ajay Garg

India is entering a sustained public-market boom - with rising entrepreneurial listings, deeper capital access, and a robust long-term outlook, says Garg

Poll-bound Bihar tops home loan growth list at 16.3%: Equirus Securities

As of June 2025, home loans, according to the Equirus note, grew 12.8 per cent y-o-y to Rs 41.2 trillion, led by state-owned banks (+15.5 per cent y-o-y) and NBFCs / state finance banks

Largecap segment shines in Q4 amid broad sectoral divergence: Equirus Sec

Of the 270 companies analysed, largecaps saw a 6 per cent Y-o-Y earnings rise, midcaps gained 2 per cent, while smallcaps slumped 16 per cent.

Will the stock market fall ahead of Lok Sabha poll outcome on June 4?

A well-diversified portfolio and a long-term investment horizon remain the best strategy for navigating election-related volatility and achieving financial goals, said Abhijit Bhave of Equirus Wealth

We're the go-to firm when it comes to mid-caps: Equirus MD Ajay Garg

'Equirus is well poised to have leadership in five broad business areas'

Key driver of returns is asset allocation, not market timing: Ajit Deshmukh

US markets have seen significant corrections in the last 18 months and 10-15% allocation to US equities in a staggered way can be a prudent diversification, says Ajit Deshmukh, Equirus Wealth MD

Mutual fund ownership of Adani group stocks is not very high: Equirus

Primary markets will take few months to recover, says Ashutosh Tiwari of Equirus. Investors, he said, are now only interested in businesses which have better historical growth and cash flow profile.

Indices to remain range-bound in 2022 as earnings catch up: Ajay Garg

With the pandemic risk still lurking around the fringes, global growth is yet to attain a structural foothold, Garg said

I am a serious buyer in the mid-cap segment: Equirus Capital's Ajay Garg

Given the resounding mandate that the Narendra Modi-led government received, we expected the first half of the fiscal year 2019-20 to be much better than what it is now, says Garg

Equirus to launch PMS arm by month-end with Rs 80 cr corpus

The company is awaiting approval from CDSL