IPO: Sugar Cosmetics turned profitable in December; looking at 2-3 years’ timeline for IPO: Vineeta Singh

Vineeta Singh, Co-Founder & CEO, Sugar Cosmetics, says “We have already crossed Rs 500 crore revenue in FY24 and we are expecting to close FY24 at a 500 plus crore net revenue. ” Singh also says: “We are looking at about a two to three years’ timeline in terms of an IPO because it is … Read more

hemang jani: Dixon, Syrma, Kaynes were toast of the town in 2023. Should you continue to ride them?

Hemang Jani, Independent Market Expert, says “our overall sense is that though we might see a little bit of sideways movement or a bit of a profit booking, the broad structure of the market remains good. We will have to do a little bit more hard work in terms of what are the pockets of … Read more

Paras Defence: Paras Defence usually treads in non-competitive zones and creates a niche: Amit N Mahajan

Amit N Mahajan, Director, Paras Defence, says “Paras Defence is currently focussing on the domestic market because it is not just that the domestic market is the biggest market, but it also has a preferential procurement policy in favour of companies like us. So, the export market becomes a plan B. Plan A always will … Read more

FMCG: FMCG will continue to grow but there will be a shift from mass to niche brands: Anand Ramanathan, Deloitte India

Anand Ramanathan, Partner, Consumer Industry Leader, Consulting, Deloitte India, says “we are seeing green shoots in rural India and retail today in India is still about two-thirds of it is food and groceries. So, food will be one of those big categories. But beyond that, while the overall retail market is expected to double by … Read more

FII flows: Were expectations of FII flows coming back with a bang in 2024 misplaced? Shibani Sircar Kurian answers

Shibani Sircar Kurian, Senior EVP, Sr. Fund Manager & Head -Equity Research, Kotak Mahindra Asset Management, says “We are not expecting to see any major earnings downgrades. But if you look at the first half of the year, in terms of earnings, the first half of the year has been extremely strong. And from that … Read more

Sanjiv Bhasin | Sanjiv Bhasin stocks: IDFC First doesn’t have room for upside; go for 2 stocks that can double in 2024: Sanjiv Bhasin

Sanjiv Bhasin, Director, IIFL Securities, says, “the CD norms are changing , where the credit deposit ratios have to be brought below 75. Some of these new-age banks, particularly IDFC Bank, will be very affected by this as NIMs are affected by at least 75 basis points plus there is a merger talk which can … Read more

tactical ideas: Forget FOMO, Dinshaw Irani would avoid chemical stocks. Here’s why

Dinshaw Irani, CIO, Helios MF, says “people have FOMO, the fear of missing out, but the point is that there are so many stocks in the market, and we have seen that consistently around a third of the market does fairly well, and that is like a huge amount of stocks. So we have enough … Read more

Sanjiv Bhasin | Sanjiv Bhasin portfolio: As Nifty speeds towards 22K, don’t try to be a brave trader, book profits: Sanjiv Bhasin

Sanjiv Bhasin, Director, IIFL Securities, says “I am in the camp that says we may hit a crescendo. Generally, when fools buy, you should be looking to sell or book profits and when fools sell, you should be looking to buy aggressively. So, it is the total opposite of what dichotomy is, that the biggest … Read more

nifty: Working target for Nifty@22,300; focus on 5 sectors now: Gautam Shah

Gautam Shah, Founder & Chief Strategist, Goldilocks Premium Research, says “now our high conviction bet is SBI. It can do something special in 2024 if you want to just pick one stock among the largecaps. So given this view, banking as a space should do well and that should keep the entire market safe. You … Read more

manufacturing theme: Neeraj Chadawar on 5 themes that will have a bearing on equity market

Neeraj Chadawar, Head of Quant Strategy, Axis Securities, says “we firmly believe that the Indian economy is rightly placed and continues with the growth momentum and we continue to believe in double-digit returns. Given the valuations are stretched at current juncture, we believe that bottom-up theme is the best place to identify the stock based … Read more