Page 2 - Valuation

Sebi chairman backs better pricing disclosures in new-age IPO documents

Pricing is a 'critical issue' for upcoming companies and small investors must be protected when they back them, says Ajay Tyagi.

Cars24 raises $400 mn in funding, valuation up 83% at $3.3 bn in 3 months

The investment will be utilised for the company's expansion in West Asia, Australia, and Southeast Asia, and to strengthen its foothold in India

Top 500 Indian firms added $1.2 trn wealth so far in CY21: Hurun report

This comes on the back of record highs in the stock markets, caused by a fast-growing digital economy and greater optimism for the post-Covid growth trajectory of the Indian economy

Upstox turns unicorn with funding from Tiger Global at over $3 bn valuation

The funding round is said to be led by existing investor Tiger Global and is still ongoing

Street signs: Fuel-sensitive stocks, Paytm's Rs 18,300-crore IPO, and more

Many are hoping that the shares will do well going ahead due to the relatively attractive valuations

Fundraise of $200 mn triples Ola Electric valuation to $3 billion

In July 2019, Ola Electric raised $250 mn from SoftBank, when it was just a two-year-old firm. The investment made the fledgeling venture a unicorn

Growth revival, easing of curbs may help Hindustan Unilever stock shine

Higher demand for discretionary products and price hike to support margins

CARS24 valuation soars to $1.8 billion after raising $450 million

Fundraise includes Series F equity round of $340 mn, debt of $110 mn

Hindustan Paper Corp liquidator urged to disclose valuation of oil reserves

There are more than three natural oil well reserve points in the Cachar Paper Mill Township and the land area is reportedly in a lease rent agreement with ONGC

Licious raises $192 mn from Temasek, others at $650 mn valuation

Existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Growth Fund, and Vertex Ventures Southeast Asia and India also participated in this round of fundraising.

Used vehicle unicorn Cars24 nears $250 mn deal that could double valuation

Cars24 aims to make the purchase of a pre-owned vehicle as easy as buying a refrigerator or a smartphone online.

Valuation concern clouds TCS' Q4 performance; stock falls over 4%

The IT services major on Monday posted Q4 numbers largely in line with or above analysts' estimates

Reddit's valuation doubles to $6 billion after new $250 million funding

The social media company was valued at $3 billion following a funding round in February 2019

Zomato valuation crosses $3.9 billion after closing $660-million financing

The company CEO said marquee global investors share the company's enthusiasm about the future of this business

Valuation gap between HDFC Bank and ICICI Bank narrowest after correction

HDFC Bank's asking rate has been twice ICICI Bank's in the past, but the trend is fast reversing

Britannia: Overall business outlook expected to be robust going ahead

Stock hits all-time high on growth uptick in April, May

TikTok owner's valuation exceeds $100 billion in private markets: Report

Stock in world's most valuable start-up has changed hands recently at a price that suggests its value has risen more than 33 per cent from about $75 billion during a major round of funding 2 years ago

AI firm SirionLabs' valuation crosses $300 mn after fresh funding

The Gurugram-based company has raised $44 million in a funding round led by Tiger Global, Avatar Growth Capital.

LIC may become biggest firm by m-cap; valuation can hit Rs 10 trn: Experts

Finance Minister Nirmala Sitharaman on Saturday said LIC will be listed as part of the government disinvestment initiative

Search for 'value' gets tougher for market investors

The market has moved up significantly in the past year, with the benchmark BSE Sensex gaining 16 per cent. The rally has largely been driven by global liquidity and on expectations that earnings back home will pick up in the coming quarters. At a one-year trailing price-to-earnings multiple (P/E) of 22.8, the Sensex is still trading above its historical average.It's a difficult terrain for value investors. Should they use the intermittent corrections as buying opportunities or stay on the sidelines?"We are seeing a situation where the pace in growth in earnings has been quite subdued, whereas the growth in stock prices has been brisk. In this scenario, high valuation multiples have made it difficult to identify new opportunities," said Rajeev Thakkar, director, PPFAS. For stock selection, apart from P/E and price-to-book value (PB), value investors typically look at parameters such as discount to intrinsic value, dividend yield and discounted cash flows. "As a value investor, the aim .