Anand Shah of ICICI Prudential AMC expresses caution on India’s IPO market, citing stretched valuations and unrealistic growth assumptions. He believes genuine value lies in established listed companies with proven earnings, strong business moats, and rational pricing, especially amidst a time-correcting market.Read More

Emmvee Photovoltaic Power is expanding rapidly, with plans to boost its module capacity to 16.3 GW and solar cell capacity to 8.94 GW by FY28. The company has shown strong financial growth, with PAT rising to Rs 369 crore in FY25. SBI Securities recommends a “Subscribe for Long Term,” citing solid fundamentals and improved profitability...Read More

Asian Paints achieved strong sales growth in decorative paints, marking a significant turnaround. The company’s profit also saw year-on-year improvement. This positive performance comes despite challenging market conditions. Demand is expected to be supported by upcoming festive seasons and agricultural output. Asian Paints continues to focus on cost efficiencies and brand investments.Read More

Mahindra & Mahindra announced a 50:50 life insurance joint venture with Manulife, approved by its board on November 12. The JVCo will offer life insurance solutions in India, with an initial investment of Rs 1,250 crore from each party. This venture aims to tap into India’s growing life insurance market, particularly in rural and semi-urban...Read More

Tenneco Clean Air India’s IPO presents a compelling investment opportunity. The company manufactures clean-air systems and powertrain components. It boasts strong market leadership and deep customer relationships. Analysts highlight improving profitability and attractive valuations. Industry tailwinds like stricter emission norms and premiumization are expected to drive growth.Read More

Real estate firm BPTP Ltd is reportedly seeking a merchant banker to list its business, aiming to tap into a booming IPO market. With a substantial land bank and ambitious project launches planned, the company anticipates significant revenue growth. This move aligns with a broader trend of increased real estate listings and fundraising in recent...Read More

Asian Paints shares surged to a new high after reporting a strong 43 percent profit jump for the September quarter. Decorative paint demand and cost savings fueled this growth. Revenues also saw a rise. While the company declared a dividend, analysts hold differing views on its stock valuation and future growth prospects.Read More

Info Edge reported a sharp 1,260% YoY jump in Q2 profit to Rs 316 crore, driven by higher revenue and exceptional gains. Revenue rose 15% to Rs 805 crore, with billings up 12% YoY. Brokerages Nomura and Goldman Sachs maintained Buy ratings, citing strong margins, stable growth outlook, and attractive valuations despite muted hiring trends.Read More

Ashok Leyland share price: Ashok Leyland reported a 7% YoY rise in Q2 net profit to Rs 820 crore, driven by strong exports, operational efficiencies, and steady margins. Brokerages remain bullish, with Nomura and Morgan Stanley raising target prices, citing improved profitability, structural growth, and attractive valuations.Read More

Investors have a final chance today, November 13, to buy Sampre Nutritions shares. This is to qualify for the company’s upcoming 1:1 bonus issue and stock split. The record date is now November 14. Shares will trade ex-date from Thursday. Those buying after today will miss these benefits. Sampre Nutritions has seen significant returns this...Read More