The Adani group has five listed entities, and the median number of analysts covering the group is one, lower than that of other large groups
Group's listed stocks' P/E of 102x over three times Sensex's 33x
Elara India Opportunities Fund, Albula Investment, APMS Investment and Cresta Fund have investment in a number of domestically listed firms besides the Adani group firms
Regulator cites obsession with high-risk strategies without factoring concomitant risks; fund house to appeal order
Residential segment sales and outlook however remains robust
The tribunal, however, has affirmed the order pertaining to lapses in assigning credit rating of Reliance Communications debentures
Strong and sustained retail interest can counter-balance FPI selling; small and midcap may outperform
Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market
After rising 341 points, the Sensex settled 174 points, or 0.33 per cent, higher at 52,475
Orphazyme A/S, which develops therapies to treat genetic disorders, says it has no idea why its American depositary shares surged overnight
The stock of the state-owned company surpassed its previous high of Rs 162.95, touched on February 26, 2021.
But share in total m-cap languishes below 10%, lower than long-term average of 13%
Brent crude futures edged up 13 cents to $72.65 a barrel to 1145 GMT, a day after closing at their highest since May 2019
Street expects trend to continue with valuations supporting upmove
A broad improvement in the sector's asset quality and India's plans to transfer soured loans to a proposed bad bank boosts their growth outlook
Mindspace gives 90% of returns; Brookfield, Embassy to follow suit
Trading in the earlier version of RIL PP shares was suspended on May 11.
The 30-share Sensex finished 358.83 points or 0.69 per cent higher at 52,300.47. Intra-day, the index swung between a high of 52,346.35 and a low of 51,957.92
Well placed vis-a-vis competition given healthy balance sheet
The company seeks to double revenues by FY26