Valuations

Current conversations with SpaceX are ongoing and the details of a potential transaction could change depending on interest from insider sellers and buyers

If the firm is of a sound quality but the valuation is high, wait for a price correction

Companies have strong cash conversion, predictability and growth runway

Most brokerages positive about commercial vehicle manufacturer but are concerned about demand

The Indian markets appear to be expensive, on an absolute basis, with 1-year forward valuation at 20 times. The overall risk/reward ratio, thus, seem unfavourable on a historical basis, Gupta said

Globally it is among the lowest cost retailers. DMart deliberately went slow on private-labels in order to avoid being seen to compete with suppliers and key brands

Net interest income grew 12% YoY to Rs 10,300 crore as net interest margins improved 4 basis points QoQ to 3.15%

Last year, Udaan raised $350 million in convertible notes and debt from shareholders and bondholders, with no change in valuation

Investors potentially involved in the fundraising round have been included in preliminary discussions, according to the people, who asked not to be identified to discuss private matters

In November last year, Prosus first slashed the fair value of Byju's to $5.97 billion

Shares of IREDA, which were listed at 50 rupees, climbed to a high of 57.75 rupees, well above their initial public offer (IPO) price of 32 rupees

Valuations may continue to trade at a premium

The company delivered a better than expected performance in Q2FY24 on the back of healthy revenue growth and expansion in operating profit margins

Valuations are expensive but will likely remain so, says the brokerage

The firm increased the face value of its investment in e-commerce firm Meesho in its books by 14.3 per cent to $43.24 million as of July, bringing the company's valuation to around $5.04 billion

Revenue of the contract research and manufacturing services player was down 21 per cent y-o-y

Zomato, for instance, has been the only new-age company which has achieved profitability in the April-June quarter (Q1) of the current financial year (FY24)

According to Berstein's latest report on the company, its retail business is valued at $112 billion while its O2C business is valued at $57 billion

Shares of related companies have gained up to 84 per cent, as against a 14 per cent rise in the S&P BSE Sensex

Valuations however leave little room for gains on the upside