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Here is why brokerages have ‘subscribe’ rating on Aptus Housing, despite its expensive valuations
The P/BV comes around 8.6x which makes the issue fully priced against the superlative performance leaving little to nothing for investors
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Sensex up 256 points at open, Nifty above 16,300; bank, financial stocks rally
HDFC, Kotak Mahindra Bank, IndusInd Bank, M&M and Reliance Industries were the top Sensex gainers
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Book listing gains from Rolex Rings shares
Analysts recommend booking profit in the IPO as the current valuations is at par with listed peers.
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SAIL posts net profit of Rs 3,897.36 crore; should you buy?
SAIL is targeting a capacity expansion of 10-15MTPA (million tonnes per annum) in the first phase over a time frame of three to five years
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Robust listing: Rolex Rings opens at Rs 1,250, a premium of 38.78%
On the BSE, Rolex Rings opened at Rs 1,249, at a premium of 38.78% or Rs 349 over its issue price of Rs 900 per share
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Sensex rises 249 points, Nifty at 16,303; IT & pharma stocks rally
Nifty IT index climbed 0.72%, followed by the Nifty Pharma & Nifty Realty indices rose 0.48%, each. While Nifty FMCG & Nifty Auto gained around 0.36%.
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Nirma’s Nuvoco Vistas IPO: Check grey market premium, brokerages’ view
Nuvoco Vistas is quoting at a premium of Rs 38 or 6.67% in the grey market. Subscribe for the long-term, listing gains can be muted
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These stocks rallied the most in the record-breaking week; do you own any?
Positive momentum in the market to continue on account of strong domestic economic data, impressive quarterly results and unlocking in various states.
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Should you invest in CarTrade Tech IPO?
The issue looks expensively priced but being a niche company and frenzy for startup IPOs, it may accelerate in short term due to first-mover advantage
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Sensex slips 215 points, Nifty ends below 16,250; Reliance Industries top drag
Market breadth remained positive as 1,824 shares advanced compared to 1,390 declined while 115 remained unchanged.
