Dr Agarwal's Health Care IPO, opening Wednesday, aims to raise 3,027 crore. Offering advanced eye care services, the company plans to utilize funds for debt repayment, acquisitions, and corporate purposes. The price band is 382-402.
Bajaj Finance Q3 Preview: Nomura has the highest PAT estimates for Bajaj Finance, while MOFSL is the most conservative. AUM growth is expected to reach the high 20s in Q3, fueled by new segments like SME, LAP, and gold loans. The market will closely monitor management's commentary on the NIM trajectory and credit costs, key indicators for assessing future growth and profitability.
India is in a great position to actually apply AI. And if the power situation gets resolved by having more power plants, you are going to probably need to add about two gigs worth of power to be able to support the data centres.
Stocks of auto OEMs and component makers have fallen sharply due to FII sell-offs and earnings downgrade expectations. The upcoming Union Budget is anticipated to address industry demands for GST rate simplification, hybrid vehicle GST reduction, and improved PLI schemes. Despite superior 1-year returns, the BSE Auto index has struggled over the past six months.
Suzlon Energy shares fell 4.76% on January 28, ahead of the companys Q3 FY25 results announcement. Despite a strong Q2 performance with a 96% YoY profit increase, the stock has struggled recently, down 24.10% in the past month and 26.54% YTD. Analyst sentiment remains positive, with a consensus buy rating on the stock.
