Soymeal millers, processors can hold stocks only up to their 90 days of production, says circular.
Bharti Airtel, however, is the safer bet fundamentally among the two companies.
Clearance for Goa unit is positive; near-term triggers are new launches and market share gains
Drahi's purchase was his first move since takeover rules preventing him from further purchases after his June stock acquisition expired on Saturday.
For rerating, it needs sustained growth in India, recovery in US
Shares of Fino Payments Bank entered the bourses on November 12, 2021. It was listed at Rs 548, a discount of 5.03% to the issue price of Rs 577
Muted heavy truck numbers in North American market, passenger vehicle sales impacted too
The stock has been underperforming peers over the past couple of months
The ratings agency has maintained 'Negative' on the bank's long-term IDR
The stock is now up 37% over its IPO price of Rs 980; company is valued at Rs 60,338 crore
The street will also keep an eye on pace of debt reduction and cash flows
Nykaa's Rs 5,352-crore IPO was subscribed 82 times, the most among large start-up IPOs
The company delivered a muted show in the September quarter
Though valuations are reasonable, the stock lacks near term triggers
While most analysts remain positive, institutional attitude will be crucial
Margins to come under pressure as input costs remain higher
Brokerages are positive on prospects given strong outlook for oil and gas segment and recovery in domestic CV business
Near-term valuations, however, capture the upside
US sales trajectory, margins key triggers over the next couple of quarters
The travel company saw its mcap cross $1 bn intra-day; its stock has been the second best performer in the segment after IRCTC