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Vinay Rajani of HDFC Sec suggests Tata Steel, Linde India shares to buy - Mint
Vinay Rajani of HDFC Sec suggests Tata Steel, Linde India shares to buyMint
Vinay Rajani of HDFC Sec suggests Tata Steel, Linde India shares to buy
The domestic equity benchmarks rallied on May 4, supported by positive auto stock performance and a dip in crude prices. Nifty 50 increased by 1% to 24,236, indicating a consolidation phase as it faces resistance levels, while broader markets may need time to stabilize.
Linde India should consider merger with Praxair after shareholders reject deal: Governance experts
Shailesh Haribhakti, Chairman of Shailesh Haribhakti Associates, and Amit Tandon, MD of Institutional Investor Advisory Services (IIAS), say minority shareholders rejecting Linde India’s related-party deal with Praxair signals a strong pushback on governance and shareholder rights. Tandon says the vote reflects concerns over value protection, while Haribhakti argues the best solution is merging the two entities in India, as done globally, to resolve conflicts.