Renowned short seller Jim Chanos questions SpaceX’s massive IPO valuation. He believes the company’s worth is inflated by future hopes, not current reality. Chanos also expresses skepticism about the data center sector’s profitability. Investors are watching closely, especially after past losses betting against tech giants. SpaceX’s offering is poised to be the largest ever.Read More
Damodar Valley Corporation’s stock market debut is now more likely. The Bharatiya Janata Party’s win in West Bengal has removed a key political obstacle. This development is expected to speed up the initial public offering process. DVC operates in power generation, transmission, and distribution. The listing will offer investors a new opportunity in the eastern power sector.Read More
Bharat Heavy Electricals (BHEL) share price surged over 10% in two days following robust Q4 FY26 earnings, with net profit soaring 156% year-on-year. The company also recommended a final dividend of Rs 1.40 per share. Brokerages like JM Financial and Morgan Stanley maintained ‘Buy’ and ‘Overweight’ ratings, respectively, raising their target prices.Read More
Mumbai’s property market recorded its best April in over a decade, surprising observers with record housing registrations. This resilience defies a national slowdown, fueled by pent-up demand and a shift towards mid-income housing. While ultra-luxury remains strong, the overall market shows signs of a potential turning point. Experts suggest this momentum may not last indefinitely as broader economic pressures loom.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
