The FinTech Hub
Source: Live Mint KEI Industries Ltd is preparing to carry out its enhanced capital expenditure (capex) guidance. The cable and wire company recently completed a fundraise of ₹2,000 crore through a qualified institutional placement (QIP) at ₹3,800 a share. These funds are expected to help its balance sheet and support its greenfield expansion at Sanand…
Source: Live Mint Their activities can help one gauge the direction of the market. If one understands their investment flow, one can gain many insights about potential opportunities and market movements. Unlike short-term traders, DIIs often hold investments for longer periods, providing stability to markets and possibly better results to investors. Their resources allow for…
Source: Live Mint In its Q2FY25 consumer durables earnings preview, domestic brokerage firm Prabhudas Lilladher highlighted weak demand in the sector, largely due to a tepid start to the festive season and heavy rainfall. However, the Wire and Cable (W&C) segment outperformed, driven by robust cable demand from infrastructure projects. Prabhudas Lilladher anticipates its consumer…
