Analysts weigh causes for runaway PSU rally

The runaway rally in shares of public sector firms has made analysts dig deeper on the explanations driving the rally. The BSE PSU index has risen by about 92 per cent within the final 12 months in contrast with 18 per cent features clocked by the Sensex. Capital items, electrical utilities, financials and oil, fuel … Read more

AIA Engineering: Why Traders Can Maintain This Inventory

Solely 20-25 per cent of the worldwide mining business has shifted from utilizing cast merchandise to chrome merchandise for its grinding operations. This provides vital alternative for an organization equivalent to AIA Engineering, which is concerned in manufacturing excessive chrome grinding mill internals. Since our ‘Accumulate’ advice in bl.portfolio dated April 16, 2023, the inventory … Read more

Deciphering the Confounding Nature of Shares

Size x width equals the realm of a rectangle. What does this should do with shares? However earlier than we come to that, right here is an illustration to think about primarily based on the above components. Take a quadrilateral with size of 10 metres and width of 10 metres. Primarily based on the above … Read more

Govt shouldn’t minimize import duties on components utilized in making smartphones in Finances: GTRI

The federal government shouldn’t minimize import duties on digital parts utilized in making smartphones within the forthcoming Finances as the present tariff construction has already confirmed profitable and altering them may hurt native manufacturing, a GTRI report stated on Monday. Additionally learn:Proposed India-Oman free commerce pact to probably decrease import duties on 80% items: GTRI  … Read more

Jyoti CNC Automation IPO: do you have to make investments?

  The preliminary public providing (IPO) of Rajkot-based CNC machine provider Jyoti CNC Automation will stay open until January 11, 2024. The overall supply is price round ₹1,000 crore which is totally contemporary concern. The proceeds from the problem will probably be utilised for pre/reimbursement of debt (₹475 crore), funding long-term capital necessities (₹360 crore) and basic … Read more

Large Story: Fairness Market Outlook for 2024

Dwelling Portfolio Large Story Up to date – December 31, 2023 at 12:20 PM. Crew bl.portfolio speaks to consultants from totally different segments of the market to place collectively what fairness buyers can count on in 2024 Share Copy hyperlink E mail Fb Twitter Telegram LinkedIn WhatsApp Reddit READ LATER Sumit Jain, Deputy CIO, ASK … Read more

Azad Engineering IPO: Do you have to subscribe?

The preliminary public providing (IPO) of Hyderabad-based precision elements producer Azad Engineering will stay open throughout 20-22 December, 2023. The entire supply is price round ₹740 crore out of which ₹240 crore is contemporary problem and ₹500 crore is a proposal on the market. The proceeds from the contemporary problem shall be utilised for pre/reimbursement … Read more