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Promoters held 24.99 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 53.29 per cent and 10.64 per cent, respectively.

​But Zomato is very well established and they have already been generating profits. So, after the consolidation again the stock if one has a little longer-term view, still has good promise

Indian banks are expected to face continued earnings pressure in Q3 due to subdued credit growth, rising funding costs, and NIM compression. Private banks may have better earnings momentum than public sector peers, supported by stronger asset quality and fee income growth.

Husk Power Systems plans to raise up to $400 million in debt and equity to expand its solar mini-grid operations in India and Africa. The funds will support growth ahead of a 2027 IPO, aiming to increase its mini-grids from 400 to meet high demand for renewable energy.

The Relative Strength Index of the stock stood at 52.44 on Tuesday.

MobiKwik Q2 Results: One MobiKwik reported a net loss of Rs 3.5 crore in the September 2024 quarter, compared to a profit of Rs 5.2 crore in the September 2023 quarter. Revenue rose 43% YoY to Rs 291 crore. The company added 6 million users and 1.4 lakh merchants in the quarter. MobiKwik shares rose over 100% from their IPO price.

The stock quoted a 52-week high price of Rs 2104.95 and low of Rs 1280.20.

Following the demerger of ITC Hotels from ITC Ltd, Nuvama expects an outflow of approximately $180 million due to the corporate action. The passive flow for Nifty50 is projected at $110 million, while for Sensex, it will be around $70 million. During a special price discovery session, ITC’s share price was adjusted by Rs 26 on NSE and Rs 27 on BSE.

Retail investors bid for 71.88 lakh shares through 2,396 applications on the second day of Indobell Insulation IPO, while NIIs made 106 applications for 7.47 lakh shares. However, qualified institutional buyers have yet to bid. The company plans to raise Rs 10 crore via its SME IPO, which will list on the BSE SME platform. The issue is set to close on January 9.

Travel and tourism in India have significant growth opportunities, extending to smaller towns. Real estate has potential for expansion. Increasing demand from artificial intelligence is driving the power sector. Foreign investment faces challenges due to currency and valuation concerns. Market conditions in 2025 may favor quality largecaps, but midcaps could also perform well.