Incorporated in 2018, FirstMeridian provides a wide range of service offerings, including general staffing and allied services, by offering solutions for contract staffing, workforce automation, trade marketing, and global technology through short and long-term technology contract staffing

New model launches, healthy order book and commodity/operating leverage tailwinds will further support strong performance going ahead," said JM Financial in a client note. The brokerage values the stock at 25 times its one-year forward price-to-earnings as it raised the price target.

​​​For equity investors, the focus would be on three key factors. First is fiscal consolidation. Whether the government keeps its commitment to bringing down the fiscal deficit to 4.5 per cent of gross domestic product (GDP) over the medium term in FY26 would be keenly tracked.

The total OFS size (base size + green shoe) stood at 1 crore shares, representing 5.27% of outstanding equity shares of the company. The floor price was fixed at ₹270 per share.

"After the adverse performance during the last one and a half months, the Indian market has been advancing in the last 2-3 trading days. The trend is supported by the marginal improvement in FII inflows and upside in domestic investments. The domestic investors are adopting a buy on dip strategy,” Vinod Nair, Head of Research at Geojit Financial Services, said.

“We should be prepared for a reasonably volatile first half followed by rebound or a positive back half of the year. In the volatile first half, one should invest in tranches and there are four or five themes that I would be bullish on investing in from a 3-year perspective.”

The lender on Saturday reported 19% year-on-year (YoY) rise in net profit for the quarter ended December to Rs 12,259 crore. Net interest income increased nearly 25% on year to Rs 22,988 crore, and this was the best growth seen by the bank in atleast three quarters. Operating profit increased by 13.4% YoY to Rs 19,024 crore. Provisions and contingencies for the quarter dropped 6.3% YoY to Rs 2,806 crore.

In the past six months, 27 companies with IPO plans worth ₹38,000 crore have allowed their regulatory approvals to lapse, according to Prime Database numbers. Similarly, the permissions to another nine firms planning to raise a total of ₹15,000 crore are set to expire over the next two months.

The data released on Thursday showed that inflation cooled off to a 12-month low of 5.72% in December, which led to hopes that the rate hike cycle of the Reserve Bank of India may not last long. Similarly in the US, consumer price inflation in December fell for the first time since May 2020

Similarly in the US, consumer price inflation in December had fallen for the first time since May 2020. Buoyed by these encouraging data points, indices on Friday ended in the green, which helped them clock marginal gains for the week.

Indias economic outlook will continue to be stable in the context of the global uncertainty and recessionary fears. FY24 GDP growth can be ~6%, driven by a reduced inflationary impact on bottom of pyramid consumption, improving capex/infra spend and the second level of discretionary spending, led by the recent housing boom.

The increase in asset base in 2022 is mostly the result of advanced SIP flows, which touched Rs 13,000-crore for the second time in a row in November. Besides, industry body Amfi has played an important role in driving awareness towards mutual funds among retail investors, Akhil Chaturvedi, Chief Business Officer of Motilal Ostwal AMC, said.

Marico said that during the quarter, the FMCG sector witnessed some improvement in demand, which was more visible in specific categories buoyed by the festive fervour and oncoming winter season.

Interest rates range from 9 to 10.45%, with tenures from 2 years to 10 years on Edelweiss Financial Services’ non-convertible debentures. For those seeking a fixed and regular income, NCDs are good, but most, including this one from Edelweiss, comes with some credit risk.

​Techno Electric & Engineering Company, incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 3609.99 Crore) operating in Engineering sector.

While volatility is likely to play out in 2023 as well because developed economies like the US and Europe are on the brink of a recession and the fight against inflation is far from over, for experts, India is a buy on dips market.

Aditya Birla Fashion and Retail, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 28327.77 Crore) operating in Retail sector.

Bajaj Auto, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 101656.64 Crore) operating in Auto sector.

Aditya Birla Fashion and Retail, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 28327.77 Crore) operating in Retail sector.

Stock has broken out of a month long consolidation, making a base at 2,000 levels

Dalmia Bharat Sugar and Industries, incorporated in the year 1951, is a Small Cap company (having a market cap of Rs 2974.11 Crore) operating in Sugar sector.

We have collated stocks from various experts for traders who have a short-term trading horizon:

Warren Buffett, a legendary investor of our times, has given a simple formula to beat markets - “Be greedy when others are fearful and be fearful when others are greedy”. What Buffett means is to buy low and sell high. Sounds like common sense. Yet, most investors tend to do the opposite.

Out of the total allocation of 1.84 crore equity shares to anchor investors, 69.67 lakh equity shares or around 38 per cent of the total were allocated to 8 domestic mutual funds through a total of 17 schemes, the data showed.

Overnight, the Federal Open Market Committee (FOMC) raised its policy Fed Funds rate by 50 basis points to 4.25-4.50% as expected, taking the total quantum of increases in 2022 to 425 basis points, the biggest increase in a single year since the Fed Funds rate became the formal policy target in 1993. One basis point is 0.01%

Mutual funds owning shares of Medanta chain of hospitals operator Global Health includes Axis Mutual Fund, Franklin Templeton, Kotak, Motilal Oswal and HDFC AMC. Shares of the hospital stock are trading higher by over 34% from its IPO issue price of Rs 336.

We started our journey about 3.5 years back since then our Compounder Fund has delivered ~17% CAGR, outperforming the benchmark by 3.6%, and our Shift Strategy has delivered 44% CAGR, outperforming the benchmark by 18%.

Manappuram Finance, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 10440.28 Crore) operating in NBFC sector.

Gujarat Gas, incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 35214.60 Crore) operating in Gas & Petroleum sector.

Apollo Hospitals Enterprise, incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 70043.98 Crore) operating in Hospitals & Allied Services sector.

The Indian market has opened on a weak note today. We have collated stocks from various experts for traders who have a short-term trading horizon

The maiden offering of Bharat Bond ETF was launched in 2019, helping CPSEs raise Rs 12,400 crore. In the second and third tranches, it had raised Rs 11,000 crore and Rs 6,200 crore, respectively. The ETF has raised Rs 29,600 crore in its three offerings so far.

"The Nifty IT index has given a fresh breakout from the consolidation range of 26,200-30,200 level, and the first upside target for this breakout is at 34,200 level," said Arpan Shah, technical analyst, Monarch Networth. "Any dip is a strong buying opportunity in some of the stocks like Infy, Persistent, and Saksoft."

Among the others interested in the company, with a hotel property in Mumbai's Powai, are large alternative asset funds such as Oaktree, Kotak Investment Advisors and asset reconstruction companies.

“We hereby inform that a meeting of the board of directors of the company is scheduled to be held on Wednesday, November 23, 2022, at 11:00 A.M through video conferencing, inter alia, to consider and approve the allotment of bonus equity shares,” the company said in a BSE filing.

Triveni Engineering stock is on the verge to make swing highs. A breakout is confirmed on the daily and weekly charts showing a strong bullish pace.

"Looking at the current situation, domestic investors should continue to focus on the Indian market because thats the biggest opportunity for them and a large part of households are still underinvested. Global markets are still not out of the woods, and we dont know what the implications of such sharp rate hikes in the US can be since it has never been witnessed before."

Voltas Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 26800.01 Crore) operating in Consumer Durables sector.

Hindustan Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 29661.85 Crore) operating in Gas & Petroleum sector.

Triveni Engineering & Industries Ltd. key Products/Revenue Segments include Sugar, Contract Revenue, Other Operating Revenue, Sale of services, Scrap for the year ending 31-Mar-2022.

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 537886.35 Crore).

Among the top eight brewery players on the basis of market capitalisation, with a capping of at least Rs 750 crore, only two players have delivered negative returns in the last six months with one stock turning into a multibagger.

The net proceeds of the fresh issue will be used for setting-up of 25 new stores, two warehouses, to support working capital requirements, payment of debt and for general corporate purposes.

Incorporated in 2012, Inox Green Energy Services is one of the major wind power operation and maintenance (O&M) service providers within India, specifically the provision of O&M services for wind turbine generators.

In value terms, HDFC MF added IndusInd Bank shares worth Rs 378 crore, followed by DSP MF at Rs 80 crore and Franklin Templeton MF at Rs 73 crore.

Among the exits, Jhunjhunwala and associates stake dropped below one per cent in Bilcare, Indiabulls Housing Finance and Autoline Industries as of September 30, 2022.

Edelweiss Financial Services, DAM Capital Advisors, Equirus Capital, IDBI Capital Market Services and Systematix Corporate Services are managers to the issue, whereas Link Intime India is appointed as the registrar to the issue.

The company received bids for 2.12 crore shares against the offered 3.05 crore shares, according to the data available on the stock exchanges. Overall, the issue was subscribed 0.70 times.