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Indian Railways places a new order with Subros Ltd. for coach air conditioners

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The company already provides Indian Railways with Rail Driver Cabin Air Conditioning Systems, and its strategic aim to grow its business

• 11 December, 2023
• 1:56 PM
• less than a minute

NSE Restricts Trading in Seven Stocks on December 8 Due to Exceeding Position Limits

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The ban is due to these securities crossing 95% of the market-wide position limit (MWPL), as per NSE guidelines.

• 08 December, 2023
• 10:40 AM
• less than a minute

DSP Nifty Smallcap250 Quality 50 Index Fund NFO: Essential details you need to know

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The corpus of the Scheme will invest in Securities which are constituents of Nifty Smallcap250 Quality 50 Index and in Cash and Cash Equivalents.

• 07 December, 2023
• 12:10 PM
• less than a minute

Warburg Pincus Plans Over Rs 5,000 Crore Share Sale in IDFC First Bank and Bharti Airtel

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The move follows Warburg Pincus' complete exit from Computer Age Management Services Ltd (CAMS) earlier this week.

• 07 December, 2023
• 11:13 AM
• less than a minute

Banking & Finance: Manifestation of second order impacts

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Lenders having higher reliance on sourcing from Fintechs and small ticket PL should see their greater degree of growth and profitability slowdown, in analysts of IIFL Securities view.

• 07 December, 2023
• 10:10 AM
• less than a minute

Bank of India Gears Up for Rs 4,000 Crore QIP Launch as Shares Open Higher

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The issue price for the QIP is expected to be set at a discount to the Securities and Exchange Board of India (SEBI) floor price

• 05 December, 2023
• 1:32 PM
• less than a minute

AMFI Market Cap Classification Expectations: For January - June 2024 period

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Analysts of IIFL Securities have also assessed current positioning of potential reclassification candidates across the different market capitalisation oriented schemes vis-à-vis the weights in the key benchmarks.

• 05 December, 2023
• 10:22 AM
• less than a minute

RateGain Travel Tech: Stronger balance sheet provides optionality

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RATE continues to aspire to double revenues over FY24-27. Analysts of IIFL Securities 12-month TP of Rs740 is based on 2YF P/E of 35x

• 04 December, 2023
• 11:52 AM
• less than a minute

2Ws impress but 4Ws weaken in Indian automobiles sector: IIFL Securities

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MHCV industry declined 1% YoY, a big negative surprise after the average 20% growth in recent months.

• 04 December, 2023
• 11:10 AM
• less than a minute

State elections 2023 verdict: BJP emerges as the silent Tsunami

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Analysts of IIFL Securities build-in ~12% EPS Cagr for Nifty over FY24-26 and expect it to outperform other major indices over the next year.

• 04 December, 2023
• 11:02 AM
• less than a minute