Shah Rukh Khan, Madhuri Dixit and Sachin Tendulkar are among investors in Purple Style Labs, the parent of Pernia’s Pop-Up Shop, which is gearing up for a ₹660 crore IPO by August-end. The company has received Sebi approval and has expanded from an online platform into physical retail, with 14 Experience Centres across India and London.
Geraldine Weiss built a disciplined value-investing strategy around buying financially strong blue-chip companies when their dividend yields rose above historical norms. Her approach combined reliable dividend growth, reasonable valuations, moderate debt and patience to generate income and identify undervalued stocks.
Nine Sensex stocks offer a potential upside of 20% to 41% over the next 12 months, based on average analyst targets compiled by Trendlyne. HDFC Bank leads the list, followed by Axis Bank, Reliance Industries and NTPC.
Last week witnessed a drastic shift in the market, with five leading Indian firms losing a collective Rs 1 lakh crore in valuation. Tata Consultancy Services faced the brunt, seeing its market cap plummet the most. In contrast, five other companies thrived, experiencing notable valuation gains. Despite this volatility, Reliance Industries sustained its position as the most valuable domestic entity amidst the overarching bearish trend in equities.
Rakesh Jhunjhunwala, the legendary “Big Bull†of Dalal Street, built his reputation through conviction and contrarian investing. A standout example came in 1989, when widespread fears of an anti-business Union Budget triggered panic selling. At just 29, Jhunjhunwala bet against the prevailing sentiment, believing VP Singh’s government would take a pragmatic, growth-oriented approach.
In the upcoming week, nearly one hundred companies have announced record dates for dividends, making it crucial for investors to hold shares prior to these dates for eligibility in corporate actions. Notably, companies like Bandhan Bank and LIC Housing Finance are part of this corporate movement, which includes dividend payments, bonus issues, and stock splits, reflecting significant adjustments across the market.
Anticipation is high in the primary market as six firms prepare to launch IPOs this week, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart. With an increase in public issues, these companies aim to secure funds for growth and development. Following several recent market activities, this wave of IPOs could significantly enhance the total listings for the year.
Indian equities are likely to remain range-bound in the week of August 17–21, with elevated crude prices, global uncertainty and shifting US Fed expectations keeping investors cautious. Sensex fell around 500 points and Nifty 205 points last week, while broader markets declined further. Analysts highlight four key factors that could drive Dalal Street’s direction this week, including crude prices, global cues, inflation risks and geopolitical developments.
Zinc prices have escalated to their highest levels in years on international markets, fueled by supply interruptions and dwindling stockpiles. The robust industrial need, particularly for galvanized steel, is sustaining these elevated prices. Currently, the global zinc market is experiencing a minor shortfall, a trend likely to endure. Looking ahead, growth in demand remains positive, supported by ongoing urbanization and significant infrastructure projects.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.