“One is that the companies which are high growth or where people are more confident about the growth, though the valuations may be on a higher side, I think those stories will continue to participate,” says Hemang Jani, Independent Market Expert. Now that the rate cut cycle has officially begun, what do you think are … Read more
Having outperformed the broader Nifty 50 index in the last one year, the Nifty IT index rallied 8.5% in the last 7 consecutive sessions to reach its new peak at 41,7746.55 in Tuesday’s session. The Nifty IT Index has surged 32% last year, with the recent outperformance driven largely by a healthy first quarter, especially … Read more
Hiral Chandrana, CEO, Mastek, says “if you remove the small acquisition that we did in FY24, we still grew at a fairly healthy rate compared to competition. We expect FY25 to be along the same lines or potentially even better. It will be a little tough in the next two quarters. It seems customers are … Read more
Ace investor Ashish Kacholia has reduced his holdings in three smallcap counters in the March ended quarter viz Aditya Vision, Safari Industries (India) and Universal Autofoundry. Kacholia trimmed his stake in Aditya Vision by 12 bps to 1.87 at the end of the January-March quarter versus 1.99% at the close of the December quarter. Aditya … Read more
