India’s AMC Sector Just Reported. The Yields Held — But Not Every Stock Deserves the Same Multiple.
Flat QAAUM, stable yields, other income beating across the board — JM Financial reviews all six listed AMCs and names HDFC AMC and CRAMC as the preferred plays in a sector where valuation divergence is the real story When six asset management companies report results within two days of eachContinue Reading
It’s Q1 Was Hit by IPL Costs and a Soft Market, But the Recovery Seems Intact
Orders dipped 5.7%, margins fell on Rs 1.37 billion of IPL expense, but year-on-year PAT more than doubled, and order recovery and new business scaling as the key levers Seasonality is a well-understood feature of Angel One’s business — and Q1FY27 was a quarter where that seasonality expressed itself fully.Continue Reading
Xtranet Technologies Ltd. IPO Is Open: What You Should Know
A 24-year-old Bhopal-based integrated IT solutions provider hits the market with a Rs 167 crore issue Xtranet Technologies Ltd., an integrated information technology solutions provider with over two decades of operating history, opens for subscription on July 23 with the issue closing on July 27. The company delivers end-to-end ITContinue Reading
Indo-MIM Ltd. IPO Is Open: What You Should Know
The world’s largest manufacturer of Metal Injection Molding components hits the market with a ~Rs 3,812 crore issue Indo-MIM Ltd., the global leader in precision engineering components manufactured using Metal Injection Molding technology, opens for subscription on July 23 with the issue closing on July 27. With over 25 yearsContinue Reading
This AMC is Losing Market Share. Is The Recovery Coming?
Core revenue grew just 3.5% year-on-year, equity market share fell to 3.7%, SIP flows declined — but ETF AUM surged 47% The Aditya Birla Sun Life AMC investment thesis has always required patience. The business has the brand, the distribution relationships and the product breadth to be a top-tier AMCContinue Reading
This Fintech’s Revenue Is Growing Faster Than Fixed Costs
Operating leverage visibly kicking in, financial services scaling, AI accelerating the margin outlook to 15-20% in two to three years There is a moment in the lifecycle of every platform business when the operating leverage that was always theoretically present begins to show up in the actual numbers. For Paytm,Continue Reading
Hero MotoCorp Just Bet on This Company. Ventura Says the Re-Rating Has Begun.
India-Japan Fund adding Rs 200 crore, a Rs 1,300 crore QIP completed, E2W penetration at 10.6% and rising — Ventura revises estimates upward and targets Rs 1,723 in 24 months There are moments in the lifecycle of a young company when the identity of its investors tells you as muchContinue Reading
Silverstorm Parks & Resorts SME IPO: What You Should Know
Kerala’s leading integrated amusement and theme park operator plans to raise Rs 82.43 crore via the BSE SME platform, with expansion into Jamshedpur and Lucknow. Silverstorm Parks & Resorts Ltd., an integrated amusement park, water park, snow park, and hospitality company, opens for subscription on July 24 with the issueContinue Reading
This Major Bank’s Loan Book Just Grew at the Fastest Pace in Fourteen Quarters
Business banking surging, rural loans accelerating on gold demand, asset quality pristine, margins resilient There are banks that report strong quarters. And then there are banks that report strong quarters while simultaneously telling you something important about the direction of the entire business. ICICI Bank’s Q1FY27 results did both. AdvancesContinue Reading
Lohia Corp Ltd. IPO Is Open: What You Should Know
The global leader in woven Raffia machinery — supplying nearly 100 countries — hits the market with a Rs 1,102 crore pure offer-for-sale Lohia Corp Ltd., one of the leading global manufacturers of machinery and equipment for technical textiles, opens for subscription on July 23 with the issue closing onContinue Reading