Page 3 - Tata Technology News Today

“IREDA looks like a good bet for people who want to participate. From a sector perspective, from a group perspective, that looks quite compelling. But I am baffled by Tata Technology. I am really trying to figure out what exactly this company is trying to do and what is the purpose of doing the IPO.”

“One of the best performing sectors has been the capital goods and engineering companies. The second sector where the numbers have been pretty good has been the automobile sector because the volumes which were expected to be good and the benefits of low raw material prices and operating leverage have come. The third, is the largest segment – banks. A major outperformance has come in numbers on account of lower provision of NPAs.”

Incorporated in 1994, Tata Technologies is a global engineering services company by Tata Group, which offers product development and digital solutions.

“If you are already holding QSR stocka, then these are not the levels to sell because we have seen decent corrections also in them. From a longer-term perspective, I am pretty certain that the QSR companies can deliver exceptional returns going ahead and you could perhaps buy at every decline, rather than just chasing these stocks at this point of time. ”

“The defence space excites us. HAL looks very good. Railway capex, again, as a theme, has a lot of legs, we are seeing very strong demand for Vande Bharat coaches, for wagons, as well as for the wheels. Titagarh is something we track. So be a little bit selective here.”

According to Hemang Jani, the possible impact of the Tata Technology IPO on Tata Motors has already been factored into the stock price. While the IPO is positive, investors should be mindful of double counting its impact. Tata Motors has performed well in recent months, especially in the Jaguar Land Rover and commercial vehicle segments. However, Jani suggests caution with auto ancillary stocks like Ceat and Apollo Tyres due to raw material prices and their recent run-up.

Tata Tech IPO: The company is likely to offer 9.57 crore shares in its planned IPO.

“We have added some power, energy related and utility related stuff. We have added to our position in Tata Power. We also like some of the transmission names where there is valuation comfort, light Power Grid, etc. and tactically maybe some of the thermal sources of power including Coal India. We continue to add in the overall home improvement.”

Guwahati: In a bid to take skilling of Assam youth to greater heights, CM Himanta Biswa Sarma on Friday said the state government in collaboration wit.

Assam Chief Minister Himanta Biswa Sarma  flagged off "Skill Yatra" to generate a skill awareness programme initially in four districts through skill