Want to bet on businesses of tomorrow? Go for BHARATH stocks: BNP Paribas Consumer staples, telecom, consumer discretionary, auto and residential real estate will do well as there is an increase in disposable income across income levels either on account of savings due to the lockdown or on account of free grains provided by the centre on a monthly basis
Every stock is not DMart! IPO listing pop doesn’t last 30 days in most cases Out of 14 such debutants, whose listing day gains were in excess of 40 per cent between FY17 and FY20, shares of seven companies trade below Day 1 closing levels today, data compiled from Prime Database suggests.
Happiest Minds slips 2% after stellar debut on Thursday; what’s next? Yash Gupta, Equity Research Associate, Angel Broking said, “We had recommended a “Subscribe” to Happiest Minds IPO. Post stellar listing, we would recommend to book profits. At current levels, the stock is trading at 54x FY2020 EPS, which is significantly higher than industry peers.”