Between Rossari Biotech, Yes Bank FPO, and Bharat Bond ETF, if we take a long-term view and moderate to high-risk profile, we like Rossari the most, given that it ticks the right boxes when it comes to sector and growth profile. At the offer price, Rossari would be valued at a premium relative to some of its larger peers (P/E of around 36) like Vinati, Atul, and Fine Organics. This valuation could be justified given its higher revenue and net income CAGR numbers. … [Read more...] about Rossari Biotech IPO, Bharat Bond ETF & Yes Bank FPO: Where should investors put their money?
The stellar performance of the scrip can be attributed to its digital arm Jio Platforms, which has raised Rs 1.18 lakh crore from April 22 by selling more than 25 percent stake to global investors including Facebook, General Atlantic, Intel Capital, Qualcomm Ventures, KKR, Saudi sovereign wealth fund etc. … [Read more...] about RIL now 51st most-valued firm in the world, among top 10 in Asia
"But by no means, we advise going short on the market because the momentum in individual stocks is still strong and importantly, we are seeing a consensus opinion about the market correcting from the current levels," he said adding that the market has a mind of its own and does not necessarily follow the expectations of participants. … [Read more...] about Nifty nudges 10,900! Top 10 trading ideas which can return 10-19% in 3-4 weeks
We know of many innovators who seemed to perfectly nail the timing of their creations, snatching a substantial share of the market almost instantly. Experts in the startup world describe this phenomenon with a hockey stick graph. That’s where the base of the stick corresponds to a brief period of flat growth, followed quickly by the handle that marks a period of drastic and rapid growth. … [Read more...] about These are the rules to break if you want to be more creative
Global virus cases are rising rapidly, forcing countries to impose restriction and rollback reopening plans. While market players are becoming increasingly nervous about the spike, stability in equity markets shows general optimism that the economic recovery may continue with support from central banks and stimulus measures. … [Read more...] about Gold may remain choppy, copper prices to head higher: Kotak Securities