The FinTech Hub
Source: Live Mint Leading this unlikely trio was NTPC Ltd, which added about 1.7 million new individual investors in the September quarter, thanks to its strong growth and green energy ambitions. That’s the highest number of investors added by any BSE-listed stock during the quarter. In the December 2023 quarter, the state-owned power company had…
Source: Live Mint Top News SEBI Mandates Enhanced Transparency in Mutual Fund Disclosures Starting December 2024 In a recent regulatory update, the Securities and Exchange Board of India (SEBI) introduced new measures to enhance transparency in the mutual fund industry. Beginning December 5, 2024, fund houses are required to distinctly disclose expenses and returns for…
Source: Live Mint Every Diwali, the Indian stock market marks the occasion with a special one-hour evening trading session known as Muhurat trading. Observed as an auspicious time for investing, this tradition has become symbolic of prosperity, with investors often seeing it as an opportunity to bring wealth and success into their portfolios. This year,…
Source: Live Mint Waaree Energies IPO listing: Shares of Waaree Energies made a strong on the bourses on Monday, October 28, listing at ₹2,500 on NSE, a premium of 66.33 percent to the issue price of ₹1,503. Meanwhile, on BSE, it listed at ₹2,550, up 69.66 percent from its IPO price. The initial public offering…
Source: Live Mint With a six-decade legacy of delivering complex infrastructure projects, Afcons’ IPO presents a compelling opportunity for investors seeking exposure to India’s burgeoning infrastructure sector. But let’s examine the company’s strengths and challenges to assess its potential. Afcons plans to use the IPO proceeds to enhance its financial position. It will allocate ₹600…
Source: Live Mint Large multinational corporations (MNCs) are keen to explore initial public offerings (IPOs) in India despite Hyundai Motor India’s muted public-market debut on Tuesday, according to Rahul Saraf, India head of investment banking at Citi, which counts many such companies among its clients. “I think they’re actually encouraged by the listing of Hyundai…
Source: Live Mint Mumbai: Investors pumping in money into stocks of small- and mid-sized companies or smids have seen their wealth erode by a staggering ₹26 trillion since 20 September, when the market capitalisation of the relevant indices hit record highs. Comparatively, provisional data from the BSE shows that the top 10 companies by market…
Source: Live Mint Mukul Agrawal portfolio stocks: Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL), a prominent player in India’s fertiliser and petrochemical sectors, has caught the attention of ace investor Mukul Agrawal. During the second quarter ended September 2024 (Q2FY25), Agrawal made a notable move by purchasing 15 lakh shares, equivalent to a 1.19 per…
Source: Live Mint Avenue Supermarts Ltd’s shares fell over 8% on Monday after its September quarter (Q2FY25) earnings missed expectations and concerns rose on growth prospects amid intensifying competition from quick commerce companies. Avenue runs the DMart supermarket chain. Standalone Ebitda margin in Q2 dropped 27 basis points year-on-year to 7.9%, which was below analysts’…
Source: Live Mint While the passenger vehicle market is currently facing headwinds, is Hyundai’s IPO a strategic gamble? With the beginning of the festivities, could the timing signal the beginning of a new growth chapter for the company, capitalizing on increased consumer sentiment and potential market rebound? As HMI prepares to gauge investor sentiment, a…
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