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REC shares fall 5% after at least two analyst downgrades on weak Q4 results
DAM Capital has cut its rating on REC to 'Neutral' and revised its price target to ₹400. Phillip Securities has also downgraded the stock to 'Neutral', lowering its target to ₹420 from ₹440.
Garden Reach Shipbuilders shares up 68% in April, set for best month on record after strong Q4
Brokerage firm DAM Capital expects FY27 to be peak revenue booking year for Garden Reach, followed by a slight moderation in FY28.
IT growth under pressure as AI risks rise; pharma, power see support: Nikunj Doshi
Nikunj Doshi, Managing Partner & CIO-PMS at Bay Capital Investments Advisors, says IT services face growth challenges amid AI disruption and remains cautious on the sector. He prefers a bottom-up approach in pharma, citing benefits from rupee depreciation and easing US tariff risks. Doshi is also positive on power and ancillaries, driven by global investments, while staying selective on new-age tech stocks due to expensive valuations and potential post-lock-in selling.
Global capital may stick with the US despite emerging market growth: William Lee
As crude stays above $100 per barrel and disruptions in the Strait of Hormuz persist, William Lee, Chief Economist and Managing Director at Global Economic Advisors, says India and Asia are likely to face prolonged energy pressure. Despite global uncertainty, he believes capital will continue to favour the United States for stronger returns.
Onelife Capital Advisors confirms non-applicability of SEBI Large Corporate framework - scanx.trade
Onelife Capital Advisors confirms non-applicability of SEBI Large Corporate frameworkscanx.trade
Sowparnika Projects in talks to raise Rs 500 cr for expansion
Sowparnika Projects is in advanced talks to raise ₹500 crore from investors including WSB Real Estate Partners, ASK Fund Advisors, and HDFC Capital to fund its expansion across South India. The company plans to develop 5.5 million sq ft in Bengaluru, Kerala, and Tamil Nadu over the next two years and aims to nearly double its revenue to ₹1,500 crore by FY27.
Risk-reward has improved; Indian economy structurally more resilient: Rishabh Nahar of Qode Advisors
In an interview with Mint, Rishabh Nahar of Qode Advisors discusses the current market structure. With a unique 'all-weather' investment philosophy, he emphasises the importance of long-term capital commitment amidst market fluctuations.
MTR-parent Orkla India shares can jump another 28% from current levels, DAM Capital says
Orkla India is the market leader in packaged spices in Karnataka with a 31.2% share and in Kerala with a 41.8% share, reaching 9 out of 10 households in both states. Through Eastern, it also holds a 22.2% share in India's branded spice exports market.
'Upgrade entire sector to BUY': Explaining DAM Capital's rationale and targets for these stocks
The demand in FY27 is likely to be impacted for the cement sector as well. DAM Capital has tempered its volume outlook to 4% for FY27 from the previous year compared to the earlier projection of 7%.
Fed to stay cautious on rate cuts with inflation still in focus, says William Lee
William Lee, Chief Economist and MD at Global Economic Advisors, says markets are grappling with repeated supply shocks—from Covid to wars—yet global growth, especially in the US, has remained resilient. However, rising uncertainty and energy disruptions risk diverting capital into safer assets such as treasuries, thereby hindering long-term growth. He notes political pressure in the US may push for a quicker resolution, while the Fed is likely to prioritise inflation control over rate cuts.
Volatility may persist, but this is a time to accumulate: Bay Capital
Nikunj Doshi, Managing Partner & CIO-PMS at Bay Capital Investments Advisors, says rising crude prices and global uncertainty are key risks, but markets tend to recover over time. He advises gradual accumulation during corrections, with a long-term positive view on India. He prefers domestic-focused sectors like consumption, financials, NBFCs and digital tech, while cautioning that near-term outlook remains uncertain due to potential second-order economic impacts.
In a volatile world, investors look for stability and growth, and India fits that profile: Carnelian's Swati Khemani
Swati Khemani, founder and chief executive officer of Carnelian Asset Management and Advisors, outlines how India’s structural stability and domestic-led growth make it a ‘safe haven’ for global capital amid geopolitical volatility.