The FinTech Hub
Source: Live Mint Mutual funds significantly increased their stake in Delhivery, a logistics and supply chain services provider, during the second quarter of the current fiscal year (Q2FY25) to an all-time high. As of the end of September 2024, 22 mutual funds collectively held a 24.91% stake in Delhivery, equivalent to 18.43 crore shares. This…
Source: Live Mint Expert view: Mihir Vora, CIO of TRUST Mutual Fund, believes a low-rate regime in the next few years is unlikely as inflation in India and globally is likely to be sticky. Discussing why small-caps have caught investors’ attention, Vora says investors have consistently made money in the past four to five years,…
Source: Live Mint A key takeaway from the September quarter (Q2FY25) earnings of HDFC Life Insurance Company Ltd is that pressure on value of new business (VNB) margin continues. VNB margin came in at 24.4% in Q2FY25, down sequentially and year-on-year. An analysis of the annualised premium equivalent (APE) for Q2FY25 shows the adverse new…
Source: Live Mint Shares of Time Technoplast, a leading manufacturer of polymer products, have experienced remarkable growth in recent years, delivering substantial returns to shareholders. The stock has surged from ₹36.70 four years ago to ₹438 as of last close, representing a staggering gain of 1,100%. From its all-time low of ₹22 in April 2020,…
Source: Live Mint In 2024, despite the momentum in financialisation, the Nifty Bank index has underperformed, rising only 7% compared to the Nifty 50’s impressive 15.6% gain. This gap signals investor hesitation, with key banking stocks hovering around critical levels in both the public and private sectors. However, many banks maintain solid fundamentals and have…
Source: Live Mint Lakshya Powertech IPO: The initial public offering (IPO) of power generation firm Lakshya Powertech Limited opened in the Indian primary market on Wednesday, October 16. The IPO, available for subscription until Friday, October 18, has seen strong demand, with nearly 20 times oversubscription within the first two hours of its launch. The…
Source: Live Mint Real estate stocks staged a strong comeback in recent sessions following a sharp sell-off in the first week of October. This impressive rebound began when the RBI shifted its policy stance from a hawkish ‘withdrawal of accommodation’ to a more neutral position, raising hopes for potential rate cuts. As the real estate…
Source: Live Mint Brokerage house Motilal Oswal Private Wealth (MOPW) recently addressed the emerging risks in the Indian equity market, driven by global geopolitical tensions and the high valuations of domestic stocks. Rising crude oil prices, bond yields, and inflation concerns have intensified market volatility. Despite these challenges, MOPW believes that sustained domestic inflows and…
Source: Live Mint Deepak Builders & Engineers IPO price band: The Deepak Builders & Engineers Limited IPO price band has been fixed in the range of ₹192 to ₹203 per equity share of the face value of ₹10. The Deepak Builders & Engineers IPO date of subscription is scheduled for Monday, October 21, and will…
Source: Live Mint Hyundai IPO Day 2 LIVE Updates: The initial public offering (IPO) of Hyundai Motor India Ltd has seen a slow start in the Indian stock market. The bidding for Hyundai Motor India IPO commenced on Tuesday, October 15, 2024, and today is the second day of the IPO subscription period. The public…
