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43 companies have pre-listing shareholder lock-ins expiring by December 31, unlocking shares worth USD 18.8 billion. However, not all shares are expected to hit the market as a significant portion is held by Promoters and Group entities. Lock-in periods are imposed to stabilize stock prices and prevent sudden sell-offs.

Abneesh Roy of Nuvama Institutional Equities discusses the expected weak Q2 results for major paint companies like Asian Paints and Berger Paints. He highlights potential consolidation in the sector and comments on the positive impact of duty cuts on jewelry sales for Kalyan and Titan. He also shares insights on the competition in quick commerce affecting companies like DMart.

Macrotech Developers (Lodha) shares rose 4.3% after reporting record quarterly pre-sales of Rs 4,290 crore, contributing to a 21% increase in first-half sales.

Motilal Oswal has downgraded FY25 Nifty EPS estimates by 4% to Rs 1,072, citing reduced forecasts for metals and O&G. Despite this, sectors like BFSI, healthcare, and utilities are expected to drive earnings growth. Top picks include ICICI Bank, HDFC Bank, and Bharti Airtel.

As of 30-Jun-2024, promoters held 43.92 per cent stake in the company, while FIIs held 13.67 per cent and domestic institutional investors had 1.11 per cent.

European stocks slipped on Monday as the initial euphoria over strong U.S. jobs data last week faded and rate-sensitive sectors such as real estate and utilities came under pressure from higher bond yields.

HeidelbergCement shares jumped 18% to a new 52-week high of Rs 257.85 on the BSE following reports that the Adani Group is in talks to acquire its Indian cement operations. The buyout, led by Ambuja Cements, is estimated to be valued at around $1.2 billion (Rs 10,000 crore).

These are the companies which have seen different cycles at different points of time and maybe in different geographies as well. They generally have technological superiority over their counterparts. And also when you look at their financial profile, generally their ROE levels are much higher than the rest of the market.

The stock quoted a 52-week high price of Rs 494.85 and a 52-week low of Rs 230.75.