The listing-day fireworks are real. But the long-term wealth creation? Well… India’s 2025 IPO market gave investors exactly what seemed promising: good opening-day gains. Two-thirds of the 108 mainboard listings popped on debut. Average first-day return? 9.2 percent. Retail investors who scored allocations felt like lottery winners. They should have sold immediately. THE POP-AND-DROP PHENOMENON … Read more
Asset-light expansion, RevPAR resilience, and a Clarks boost. The hotel chain isn’t just growing rooms—it’s rewiring how it makes money. Indian Hotels hit Rs 878 in November 2024. Then dropped 20% over two months. The fall looked like something broke. But the fundamentals kept building. Revenue grew 15%, EBITDA climbed 16%, and the business model … Read more
There is a strong wealth destruction current under the calm and small caps are bearing a brunt of that India’s equity market appears untroubled. Benchmark indices have held their range, heavyweight stocks continue to attract steady flows. To the casual observer, it looks like a market taking a breather. That impression, however, is misleading. Beneath … Read more
GST impact limited to 200 basis points as protection sales surge 70%; valuation concerns remain HDFC Life Insurance delivered a stable third quarter with total premium growth of 11%, but margin pressures from GST changes remained a drag on profitability. The private insurer reported total annualized premium equivalent (APE) of Rs 3,974 crore (Rs 39.7 … Read more
Analysts say companies with strong delivery track records will outperform as Rs 9 lakh crore backlog puts spotlight on execution capability India’s defence sector is entering a new phase where the ability to deliver matters more than order books, according to Nuvama’s latest sector update. After three years of aggressive ordering worth Rs 9 lakh … Read more
Company beats estimates with 220bps margin expansion, but trades at steep 45x FY27 earnings ata Elxsi delivered a better-than-expected third quarter, but the stock’s rich valuations have left analysts divided on whether investors should bet on the recovery story. The IT services firm reported revenue of Rs 954 crore, growing 3.9% sequentially. Operating margins expanded … Read more
JM Financial keeps target price unchanged at Rs 2,900 as asset manager beats estimates with 4% PAT surprise JM Financial Institutional Securities has maintained its ADD rating on HDFC Asset Management Company (HDFC AMC) with an unchanged price target of Rs 2,900, following a robust third-quarter performance that saw the company beat profit estimates despite … Read more
JM Financial raises price target to Rs 1,930, maintains BUY rating on expectations of accelerating growth JM Financial Institutional Securities has upgraded its price target for Infosys Ltd. to Rs 1,930 from Rs 1,890, maintaining its BUY rating on the IT services giant following better-than-expected third-quarter results and positive management commentary on future growth prospects. … Read more
Leading research houses recommend ‘Subscribe’ rating, citing compelling market opportunity and improving financials Amagi Media Labs’ Rs 1,789-crore initial public offering (IPO), currently open for subscription, has received some positive recommendations from leading brokerages which highlights its position in the rapidly growing media technology space and its recent turn to profitability. The Bengaluru-based software-as-a-service (SaaS) … Read more
JM Financial maintains ADD rating with 175 rupee target as hotel chain splits into asset-light and property ownership platforms; Warburg Pincus backs spinoff with 9.6 billion rupee commitment Lemon Tree Hotels is embarking on a transformative restructuring that could significantly enhance shareholder value over the next 12 to 15 months. The company’s board has approved … Read more