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