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Indian Hotels Company Ltd., incorporated in the year 1902, is a Mid Cap company (having a market cap of Rs 40481.39 Crore) operating in Tourism & Hospitality sector.

JSW Steel Ltd. key Products/Revenue Segments include Hot Rolled Coils/Plates/Sheets, Rolled Product, Coils (Cold Rolled), Coils & Sheets (Galvanised), Iron Ore, Billets & Blooms, Others, Other Operating Revenue, M S/S S Slabs for the year ending 31-Mar-2022.

The IPO is entirely a fresh issue of up to 1,58,40,000 equity shares with a face value of Rs 10 each, aggregating to Rs 831.6 crore. TMB is a professionally managed bank and does not have any identifiable promoters.

Alvarez & Marsal and Grant Thornton are advising IL&FS on the bank-wise distribution of the proceeds from the recoveries. IL&FS had informed lenders last week that proceeds would be distributed in the third quarter as against the initial plan of this being done in the second quarter, said one of the persons cited above.

"We at Aurum Capital were one of the first ones to invest in the capital goods sector last year. After a long downcycle, we started seeing green shoots during our scuttlebutt analysis last year. Valuations were really very supportive. We have the highest number of stocks under our recommendation from the capital goods/manufacturing sector. Many companies have shown excellent results despite input cost pressures."

“While I expect the market to gradually fall down over the next couple of days, the fall may not be too large considering the last two or three days’ performance. So from that respect, I would expect the market to trend downwards and this appears to be a bear trap in terms of so many stocks going up.”

Bharat Electronics Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 75254.17 Crore) operating in Defence sector.

“It is more likely that manufacturing, defence and elements like that will do better in the coming weeks and months rather than the financials where there is a larger impact both of local interest rates going up, currency changes and also international interest rates being spiked because of inflation or whatever else that causes foreign central banks to increase rates. We should be a little wary of the banking system for the next six months.”

Adani, 60, has spent the past few years expanding his coal-to-ports conglomerate, venturing into everything from data centers to cement, media and alumina. The group now owns India’s largest private-sector port and airport operator, city-gas distributor and coal miner.

Inflation or recession? Both are a worry for markets.