Market mayhem cuts fundraising via QIPs
MUMBAI : Fundraising by India Inc. through the qualified institutional placement (QIP) route fell 82% in 2022, as global macro headwinds and stock market volatility reduced opportunities for companies to tap the market to raise equity. QIP is a capital-raising tool through which listed companies can sell shares, fully and partly convertible debentures, or securities […]
Indian govt bonds may get added to a global index next year
Indian government bonds may be added to a global index next year, triggering passive inflows of about $30 billion that will help the country to finance its current account and fiscal deficits, according to Goldman Sachs Group Inc. The nation’s sovereign bonds may be added to JPMorgan’s GBI-EM Global Diversified bond index with an initial […]
Multibagger stock turns ₹1 lakh to ₹3.59 Cr in 15 years: Should you buy?
With a market valuation of ₹39,897.91 Cr, Astral Ltd. is a large-cap industrial firm. Astral Ltd is a leading CPVC pipe and fitting manufacturer in India, which offers a variety of pipes including PVC and CPVC pipes. The firm operates as a leading Indian Manufacturer in the pipe sector because of its backward integration capabilities […]
3 chemical stocks that have given multibagger return since last Independence Day
The chemical sector has created impressive wealth for the investors in the last five years as most of the stocks have outperformed by turned multifold in value. The sharp upmove can be attributed to the improved outlook and the fact that covid pandemic has accelerated the shift away from China to other countries. As India […]
Behind the remarkable backlog in pending IPOs
MUMBAI : The current dry spell in India’s primary market may continue for the next two quarters despite a slight rebound in the activities, market experts said. According to investment bankers, the backlog in public listings may persist until the March quarter as investors and companies have turned cautious following a slew of lacklustre mega […]
Dollar index to US retail sales: Top 5 stock market triggers to watch this week
Stock market next week: On account of Indian inflation coming down to 5-month low and US Fed’s ‘mild hawkish’ speculation on interest rate hike, Indian stock market finished on the positive note on all four trade sessions in the week gone by. NSE Nifty finished in green territory for 7th straight week, rising from the […]
ETMarkets Smart Talk: Good news! Large portion of FII selling in Indian markets is over: Varun Lohchab
“We believe, a large portion of FII selling in Indian markets is over. The long-term growth potential of the Indian economy will keep attracting foreign investors,” says Varun Lohchab, Head of Institutional Research, Securities. In an interview with ETMarkets, Lohchab, said: “There are early signs of gradual FII flows reversal in China & Brazil as […]
Ind Ra upgrades Xpro India to ‘IND BBB+’ with Stable outlook; Stock zooms 4.5%
As per the rationale report, the upgrade reflects a growth in XIL’s scale of operations in FY22, driven by an increase in sales volumes and realisations resulting from improved demand for Biax di-electric films. The upgrade also factors in an improvement in the company’s operating profitability and credit metrics, along with an improvement in its […]
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Search Quotes, News, Mutual Fund NAVs Tata Steel INE081A01020, TATASTEEL, 500470 Yes Bank INE528G01035, YESBANK, 532648 ICICI Bank INE090A01021, ICICIBANK, 532174 Suzlon Energy INE040H01021, SUZLON, 532667 Reliance INE002A01018, RELIANCE, 500325 […]
Multibagger pharma stock in focus as it trades ex-dividend today. Details here
Multibagger stock: Divi’s Laboratories shares are one of the multibagger stocks that Indian stock market has produced in recent years. The stock is in focus today as it is going to trade ex-dividend today. The board of directors of the company has recommended a dividend of ₹30 per equity share to its shareholders for the […]
