IREDA

Several PSUs trade at extremely high market caps relative to their profits, net worth or assets: Kotak report

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Several PSUs trade at extremely high market caps relative to their profits, net worth or assets: Kotak report

The Indian equity markets have experienced a recent pullback following a record-breaking rally. In a recent note, analysts at Kotak Institutional Equities highlighted that investors seem to be overlooking concerns about high valuations. They believe that the pursuit of returns has outweighed the fear of risks, whether apparent or hidden. The brokerage noted that institutional … Read more

Budget 2024: Affordable loans, investment in research & digital infra—education sector’s wish list for FM Sitharaman

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Budget 2024: Affordable loans, investment in research & digital infra—education sector's wish list for FM Sitharaman

The Union Finance Ministry is gearing up to present the full Union Budget for the fiscal year 2024-25 in July. Several stakeholders from the education sector voiced their expectations from Finance Minister Nirmala Sitharaman. The Union Budget for this financial year, comprising estimated receipts and expenditures of the government in various sectors, is expected to … Read more

Stocks to watch: Sun Pharma, Adani Ports, IREDA, Hitachi Energy, BHEL, PI Industries

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Stocks to watch: Sun Pharma, Adani Ports, IREDA, Hitachi Energy, BHEL, PI Industries

Adani Ports & SEZ: Adani Group is preparing a $3 billion fund to increase its global ports capacity and establish a significant presence in the corridor connecting India to Europe via Central and West Asia. The group plans to increase its port capacity from 600 million metric tonnes per annum (MMT) to 800 MMT in … Read more

Stocks to Watch: M&M, Mazagaon Dock, Tata Communications, IREDA, Texmaco Rail

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Stocks to Watch: M&M, Mazagaon Dock, Tata Communications, IREDA, Texmaco Rail

Mahindra & Mahindra: The Indian automaker has signed a Memorandum Of Understanding with Adani Total Energies E-Mobility to establish an electric vehicle charging network throughout India. This collaboration will also enable the automaker to introduce e-mobility solutions, ensuring consumer access to the charging infrastructure. Veejay Nakra, President of the Automotive Division at M&M Ltd, said … Read more