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Market Share

SpiceJet’s Ajay Singh to dilute stake by over 10% to raise Rs 3,000 crore amid financial struggles

by Tudur Aled
SpiceJet’s Ajay Singh to dilute stake by over 10% to raise Rs 3,000 crore amid financial struggles

Ajay Singh, promoter of SpiceJet, is likely to dilute his shareholding in the cash-strapped airline by more than 10% stake in an effort to raise about ₹3,000 crore, said people …

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Earnings Impact: LIC shares jump 3% after Q1 net profit rises 9% YoY

by Tudur Aled
Earnings Impact: LIC shares jump 3% after Q1 net profit rises 9% YoY

Shares of India’s largest insurance provider, Life Insurance Corporation (LIC), surged 3% to a day’s high of Rs 1,159.60 on the BSE after reporting a net profit of Rs 10,544 …

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investment themes: Paints stocks are a trading bet; be very stock-specific in pharma: Chakri Lokapriya

by Tudur Aled
investment themes: Paints stocks are a trading bet; be very stock-specific in pharma: Chakri Lokapriya

Chakri Lokapriya, Managing Partner, RSB LLP, says paint stocks at best are a trade because they have corrected very significantly because there is a lot of competition. Two to three …

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market: We continue to remain fully invested; bullish on pharma and IT sector: Vikas Khemani

by Tudur Aled
market: We continue to remain fully invested; bullish on pharma and IT sector: Vikas Khemani

“We have been reasonably positive on pharma. We have been reasonably positive on IT. So, within all these things you got to find niche which can grow faster than the …

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Tata Motors share price: Tata Motors eyes 4-6% increase in passenger vehicle market share over the next 2 to 3 years

by Juhani Aho
Tata Motors share price: Tata Motors eyes 4-6% increase in passenger vehicle market share over the next 2 to 3 years

Mumbai: Tata Motors, India’s third largest passenger vehicle maker by sales, is looking at a 400-600 basis points jump in its market share from the current 14% to 18% to …

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Insurance: Expect LIC’s VNB margin to grow 2-3%, India embedded value to surge at least 10% in FY25: Siddhartha Mohanty

by Tudur Aled
Insurance: Expect LIC’s VNB margin to grow 2-3%, India embedded value to surge at least 10% in FY25: Siddhartha Mohanty

Siddhartha Mohanty, Chairperson, LIC, says they have moved from Rs 5,82,000 crore to Rs 7,27,000 crore and there’s a very huge growth in our India embedded value. It comprises all …

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renewable energy: Suzlon looking at a much stronger balance sheet at the end of FY25: CFO

by Tudur Aled
renewable energy: Suzlon looking at a much stronger balance sheet at the end of FY25: CFO

Himanshu Mody, CFO, Suzlon Group, says Suzlon alone has a Make in India turbine, based on the principles of Atmanirbhar Bharat. The technology is their USP. It is the only …

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jp morgan overweight rating: JP Morgan maintains overweight rating on LIC post Q4 results, sees 29% upside

by Tudur Aled
jp morgan overweight rating: JP Morgan maintains overweight rating on LIC post Q4 results, sees 29% upside

JP Morgan, the global brokerage firm, has upheld its ‘Overweight’ rating on LIC following the announcement of its Q4 results at a target price of Rs 1,340. This projection suggests …

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NSE: War of small ticks: NSE to launch 1 paisa spread for stocks below Rs 250

by Tudur Aled
NSE: War of small ticks: NSE to launch 1 paisa spread for stocks below Rs 250

Mumbai: The competition between India’s two major stock exchanges, the National Stock Exchange (NSE) and BSE, for market share continues to intensify. The NSE will introduce a 1 paisa tick …

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Ashok Leyland to unveil 5-6 new products under LCV segment: MD

by Juhani Aho
Ashok Leyland to unveil 5-6 new products under LCV segment: MD

Chennai: Hinduja Group flagship company Ashok Leyland has lined up 5-6 product launches this year in the light commercial vehicle segment, a top official said here on Friday. The city-based …

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