Consider companies that can grow their market share and lower cost per tonne
Fund managers see India's main equity indexes both ending the year higher than current levels, according to a Bloomberg News survey, as strong domestic demand boosts corporate earnings
Adani Group companies said in a stock exchange filing that it faces no material refinancing risk and there is no near-term liquidity requirement
Adani has rejected the concerns in detailed rebuttals of the Hindenburg report's allegations and criticism that it had unsustainable debt
"We are confident in the continued ability of our portfolio to deliver superior returns to shareholders," Adani Group said in the emailed statement
The equity ownership of domestic investors, including institutions and high networth individuals, touched an all-time high of 24.44 per cent in December quarter, making it the fifth consecutive quarterly increase. Retail investors' ownership in the market stood at 7.23 per cent in December 2022, marginally down from 7.34 per cent in September 2022. But in rupee terms, the same increased to Rs 19.94 lakh crore from Rs 19.48 lakh crore in the previous quarter, registering an increase of 2.35 per cent. In September 2022, the share was 24.25 per cent, according to data collated by market information major Prime Database, based on the shareholding patterns of 1,832 of the total 1,857 companies on NSE for the quarter to December 2022. According to Pranav Haldea, managing director of Prime Database Group, this was the fifth consecutive quarter of increase from 22.37 per cent in September quarter 2021 and showcases the rising dominance of domestic investors. Net inflows from domestic ...
Union Minister for Tourism G Kishan Reddy on Friday asked investors to contribute heartily for the development of Uttar Pradesh which has "big ambitions" and is also taking "big actions." Uttar Pradesh has transformed itself into 'Uttam State' for investments under the visionary leadership of Chief Minister Yogi Adityanath, he said. "I urge all the investors to contribute immensely for the development of the state having 'big ambitions' that is also taking 'big actions'," Reddy said while participating in a session on tourism during the Global Investors Summit. Uttar Pradesh has eight per cent contribution in the country's economy, so investors should come forward to invest here with an open heart, and the state government will provide them security and cooperation at every level, Reddy was quoted as saying in an official release. "With this confidence that UP will be the best state for investment in the world in the coming days, I salute the commitment and efforts of the UP ...
Opposition parties have protested in parliament to call for an independent probe into Hindenburg's allegations
India's largest private sector ports operator, which reported an earnings miss in the latest quarterly earnings, also said it would roughly halve its capital expenditure next financial year
"A monetary policy meeting this week and some important October-December 2022-23 results may influence the near-term direction of markets"
Industry watchers believe that early-stage start-ups will bear most of the brunt, as the segment witnesses comparatively higher deviation in allotted share prices and FMV
Green bonds can help lower borrowing cost
If Hindenburg is right, then a network of shadowy operators has placed itself right in the middle of those conflicting impulses
The five-year bond was sold at a cut-off yield of 7.10% versus 7.13% estimate
Stock market investors are expecting a balanced Budget with a focus on job creation, increased spending on infrastructure, reigning in the deficit, and bringing the economy back on track, experts said on Wednesday. Stock markets have been subdued in the run-up to the Union Budget with BSE's benchmark Sensex is almost flat so far this month. Even the corporate earning season failed to excite the markets, while some indices like IT and bankex have seen some positive movements. The muted performance of the markets could be due to Foreign Portfolio Investors (FPIs) moving funds out of India as they are looking for emerging markets with cheaper valuations. They have taken out over Rs 16,500 crore from domestic equities so far this month. Moreover, inflation and possible global recession continue to play on investors' minds. Narendra Solanki, Head- Equity Research Anand Rathi Shares & Stock Brokers, said that investors are expected to remain focused on three key factors from the ...
Future premium hinges on incentives for banks, FII participation
The company is not looking for mergers and acquisitions, but is open to having a strategic investor who can bring some technical expertise
The markets on a technical basis are poised to break out in either direction
Near-term growth concerns, too, weighed on the stock
In a rare move for a follow-on sale, Asia's richest man will allow retail investors to pay for their purchases in tranches