This jewellery stock appeared in 4 of June’s top 10 PMS portfolios, one bet was as high as 22.6%Thangamayil Jewellery emerged as a top stock choice for several leading PMS fund managers. Equirus Wealth made the largest allocation, show...
Costs and provisions down, IDFC Bank will continue to bolster earnings: V Vaidyanathan, MD & CEOOur credit cost was 2.13% of loans including the microfinance portfolio, against a guidance of 2.10%. This year, encouraged by seeing our c...
SBI Funds Management shares fall below IPO price, but brokerages remain bullish. Time to buy?SBI Funds Management shares slipped below their IPO price after listing, but brokerages remain bullish on the stock, citing strong parentag...
MSEDCL appoints 8 bankers for Rs 10,000 crore IPOMaharashtra State Electricity Distribution Co has appointed eight investment bankers for its proposed initial public offering. This signifi...
How NRIs, OCIs can get 45% annual return on $1 lakh FCNR (B) deposit as this bank in India offers 19X leverage; Should you go for it?HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy allows investors to borrow up to ...
SBI Funds makes strong D-St debut, ends 6.3% above IPO priceSBI Funds Management debuted on the stock market at a premium price. The company raised over ₹9,813 crore through its initial public offeri...
SBI Funds IPO jackpot turns 13 employees into crorepatis; top ESOP haul hits Rs 121 croreSBI Funds IPO has transformed thirteen employees into crorepatis through stock ownership. Deputy Managing Director Devinder Pal Singh recei...
SBI Funds Management gets 2 fresh buy calls. Why Equirus and Emkay see up to 31% upsideSBI Funds Management received bullish brokerage coverage from Equirus Securities and Emkay Global, with target prices implying up to 31% up...
Investing before an IPO: As NSE, Jio Platforms prepare to list, five early investors reveal the rewards, risks, and patience requiredET Wealth spoke to five investors who bought NSE shares long before the IPO became a certainty. Their stories are a reminder of the opportu...
SBI Funds Management IPO listing tomorrow: GMP signals 18% listing gainSBI Funds Management is set to debut on the NSE and BSE on July 21, with the grey market indicating an around 18% listing premium over the ...
An eye for dollars: SBI brings in $1.9 billion in foreign-currency resources via special scheme, way ahead of peersState Bank of India mobilized nearly two billion dollars under a central bank incentive. This amount significantly surpasses other state-ow...
SBI Funds Management IPO allotment likely today; GMP signals 17% listing premium. Here's how to check statusThe IPO is scheduled to make its stock market debut on the BSE and NSE on July 21. The IPO is commanding a Grey Market Premium (GMP) of aro...
Citi, others dial back India rate hike calls as inflation expected to stay moderateControlled inflation prompts economists to delay interest rate hike expectations. Retail inflation rose to 4.38% in June, exceeding the RBI...
SBI raises $200 million through bond tap inState Bank of India has raised an additional $200 million. This funding comes from an existing bond issue maturing in July 2029. The bonds ...
Ather Energy board to consider fundraising proposal on July 15The company said the capital could be raised through permissible modes, including a preferential issue or any other method allowed under ap...
SBI Funds IPO vs ICICI AMC: Which is the better bet for investors ahead of Rs 11,600 crore issue?SBI Funds Management's IPO offers investors a chance to evaluate its market leadership. The company's valuation appears reasonable when com...
SBI MF IPO: Can Zerodha, Groww and other digital-first funds threaten India’s largest AMC in $1 trillion race?As SBI Funds Management heads for its Rs 11,693-crore IPO, the rise of digital-first platforms like Zerodha and Groww is reshaping India's ...