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Besides IT and banking, he’s also positive about the capital goods and construction space, and has high hopes of firms like ITD Cementation, NCC, ABB, Siemens, and Thermax.
The Rs 20,000 crore follow-on public offer (FPO) of Adani Enterprises received bids for 46.27 million shares against an offer size of 45.5 million shares, representing a 102 per cent subscription on 31 January 2023, the third and final day of bidding. -- aaa
Even as the markets await the details of the proposed buyback of digital payments and financial services giant Paytm, investors and analysts have cheered the move. The stock is up 22% in the past 3 weeks and 6% since Thursday, when it informed the exchanges about the proposed buyback.
Elaborating on the subject, Mehra said the next set of multibaggers will come from concept stocks rather than mature businesses. He defined concept stocks as the ones where companies are doing something differently with a huge market and can be scaled up at a very low cost.He a
Elaborating on the subject, Mehra said the next set of multibaggers will come from concept stocks rather than mature businesses. He defined concept stocks as the ones where companies are doing something differently with a huge market and can be scaled up at a very low cost.He a