In volatile markets, Zerodha CEO Nithin Kamath advises traders to prioritize survival over profit. He suggests trading with smaller capital and waiting for genuine opportunities, especially with global markets influenced by unpredictable events. With upcoming holidays and geopolitical tensions, a break to recharge is recommended for a fresh perspective.Read More
Central Mine Planning & Design Institute Ltd (CMPDI) IPO share allotment is expected today. The Rs 1,842 crore Offer for Sale (OFS) saw full subscription, driven by Qualified Institutional Buyers. Investors can check their allotment status on BSE or the registrar’s website.Read More
TVS Holdings has declared an interim dividend of Rs 86 per equity share, amounting to a 1,720% payout on its 2.02 crore shares. The record date for this dividend is April 2, with payments expected within 30 days. The company also raised Rs 650 crore through non-convertible debentures.Read More
United Spirits’ Rs 16,660 crore sale of its RCB stake has been termed value accretive by brokerages, which expect improved capital allocation and potential shareholder returns. The deal, involving major investors, sets a strong valuation benchmark for IPL franchises and could act as a positive trigger for the stock.Read More
Indian equities are experiencing a sharp correction due to geopolitical tensions, with valuations becoming attractive. However, elevated oil prices and conflict duration pose significant risks, potentially impacting trade deficits and currencies. Investors are advised to focus on reasonably valued stocks, with engineering, EPC, and IT midcaps showing promise.Read More
United Spirits’ $1.8 billion sale of Royal Challengers Bangalore has sparked debate on IPL franchise valuations, nearly doubling analyst expectations. While scarcity and strong underlying metrics like 20-25% revenue CAGR and 35% EBITDA margins support high valuations, future growth may moderate due to media rights dynamics and underdeveloped alternative revenue streams.Read More
Larsen and Toubro shares rose after its WET arm secured a Rs 1,000–2,500 crore water project in Guwahati, boosting its northeast presence. Despite a 15% fall amid Middle East tensions, operations remain largely unaffected with 95% projects running. West Asia continues to be key, contributing nearly 40% to the order book and 75% to international...Read More
Spillovers from war in the Middle East threaten to push the rupee past 98 per dollar and hurt Indian stocks, according to analysts at Bernstein, highlighting the country’s vulnerability to shocks stemming from a sharp rise in energy prices.Read More
Manappuram Finance shares rose after announcing Bain Capital’s open offer to acquire a 26% stake at ₹236 per share, open from April 6–20. The move follows RBI approvals for a change in control of its subsidiaries, completing the ₹4,385 crore deal.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.