Reseñas

Ecos Mobility Share Price: The IPO has garnered strong investor interest, with a subscription rate of 64.18X. “The IPO’s valuation appears high based on the P/E ratio. Given the mixed financial performance, investors might consider a wait-and-see approach,” advised Shivani Nyati, Head of Wealth at Swastika Investmart. Ecos Mobility has Continue Reading

According to Nadia Elbilassy of the Equiti Group, oil prices have been under pressure due to already factored-in production cuts and increased US oil production. Weak manufacturing data from China and a softening US economy have also contributed to the decline. The energy sector, including Indian companies, is expected to Continue Reading

Aeron Composite’s shares listed on the NSE SME platform with a 20% premium at Rs 150, compared to the issue price of Rs 125. The IPO saw a subscription of over 40 times, raising Rs 56.1 crore. Proceeds will fund a new manufacturing unit and other corporate purposes.

Through the direct route, Indian investors have the option to create accounts with US based brokers and remit money via the Liberalized Remittance Scheme (LRS), and invest directly in U.S. stocks and ETFs.

Ajay Bagga discusses the rural economy’s resurgence and its impact on various sectors. He highlights NIM compression in banks due to deposit wars and suggests better returns in power financiers, insurance, or mutual funds. However, he says, banks will do well in the long-term. The IT sector shows promise, while Continue Reading

Foreign ownership of Indian government bonds surged in August, driven by expectations of a US rate cut and JP Morgan’s inclusion of local debt in its index. This trend is likely to continue as global portfolio managers seek emerging market assets, with India benefiting from strong fundamentals and resilient economic Continue Reading

Shares of Nvidia plunged 9.5% in a historic single-day decline, shedding $279 billion in market value. This drop reflects investor caution about AI technology amid a broader market selloff following weak economic data. The PHLX chip index also fell significantly, highlighting concerns over the payoff from AI investments.

Sebi officials have complained to the finance ministry about a toxic work culture under chairperson Madhabi Puri Buch. The letter accuses the leadership of using harsh language, setting unrealistic targets, and monitoring employees excessively. Sebi claims issues have been addressed, but concerns about mental health and work-life balance persist.

Ventive Hospitality, a joint venture between Blackstone Group and Panchshil Realty, plans to file for an IPO to raise ₹2,500 crore. The company owns luxury hotels in India, the Maldives, and Sri Lanka. JM Financial and Kotak Mahindra Capital are appointed for the IPO process.

Listed companies are increasingly using qualified institutional placements (QIPs) to raise capital. In the first eight months of 2024, 55 companies raised ₹58,400 crore through QIPs. Companies like Vedanta and Adani Energy Solutions have utilized this route for debt repayment and expansion plans. Favorable market conditions make QIPs a preferred Continue Reading