Fri, Sep 20, 2024 3:02 PM
Western Carriers (India) IPO allotment: Here's how to check
A Flip by Shubhangi Gupta
The tractor industry is expected to perform well, thanks to favourable monsoon conditions, which will benefit the rabi crop and boost rural demand. This positive sentiment is a key factor to watch for tractor companies like Escorts and M&M, both of which are likely to benefit. In addition, the onset of the festive season across regions is expected to further support growth.
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Axis Bank's subsidiary, Axis Capital, faces temporary restrictions from SEBI, prohibiting new debt merchant banking assignments due to unauthorized guarantee practices; however, the restriction won't impact Axis Bank's core business, and Axis Capital will continue operating in other business segments, exploring legal options against SEBI's ruling.
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In the current investment landscape, there has been a noticeable shift in investor sentiment toward small-cap stocks. Hi-Tech Pipes, a small-cap stock, has delivered stellar returns, surging 150% in two years and 1765% in four years, driven by its strong fundamentals and strategic position in the industry, with analysts expecting a 44% upside from its current price.
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