Latest news with #ArunJain
CNBC
5 days ago
- Business
- CNBC
Main Street investors are running the show this year, not Wall Street
Institutional investors are once again playing catch up with retail traders, according to JPMorgan. Mom and pop, retail investors have bought newly crowned meme stocks like OpenDoor for months, according to the Wall Street investment bank. But only recently have big investors also jumped into this trade. The bet has paid off: After seven straight losing months, OpenDoor posted a dizzying rally of 245% in July, and is up another 30% so far in August. OPEN 3M mountain OpenDoor shares over the past 3 months This marks only the latest example of small investors leading the charge this year, according to Arun Jain, a global markets strategist at the bank. "As an interesting pattern within 'Meme' stocks ... retail buying in prior months is followed by non-retails joining the trade more recently," Jain wrote to clients in a Wednesday note. "This is in line with our reading on the broader market." Jain also pointed to retail investors "buying the dip" following President Donald Trump's initial wave of higher tariffs in April. Those investors benefited when stocks rallied after Trump later said he would delay many of those charges. The S & P 500 has jumped almost 19% since the closing low on April 8, less than a week after the original tariff announcement on April 2 . .SPX 6M mountain The S & P 500, 6 months Big investors aimed to regain ground via higher-beta plays, Jain said. As a result, he found high-beta crowding to be at an all-time high and thinks this corner of the market could be due for a pullback. Right now, retail traders are showing a preference for exchange-traded funds such as the SPDR S & P 500 ETF Trust (SPY) and SPDR S & P 500 ETF Trust (QQQ) over single stocks, according to JPMorgan data. But not all ETFs are getting the same treatment. Jain said the iShares Semiconductor ETF (SOXX) and the Direxion Daily Semiconductor Bull 3X Shares (SOXL) ETF were both among the most sold on a net basis over the past week.
Time of India
12-08-2025
- Business
- Time of India
Highway Infrastructure IPO: Shares list at 67% premium; highest debut gains of 2025
Representative image Highway Infrastructure Limited made a strong market debut on Tuesday, delivering the highest listing gains for any stock this year. Shares opened at Rs 117 on the BSE, a 67.1% premium of Rs 47 over the issue price of Rs 70 and at Rs 115 on the NSE, up 64.3%, according to ET. The Rs 130-crore IPO , which ran from 5–7 August, drew a massive investor response, with total subscriptions reaching 316.64 times. The non-institutional investor category saw record demand at 473.10 times, while qualified institutional buyers subscribed 432.71 times and retail investors 164.48 times. The issue comprised a fresh sale of 1.39 crore shares worth Rs 97.52 crore and an offer for sale of 0.46 crore shares valued at Rs 32.48 crore by promoters. Grey market activity ahead of the listing had indicated a 34% premium, with some expectations that the stock could debut near Rs 94. Highway Infrastructure operates across toll collection, engineering-procurement-construction (EPC) projects, and selective real estate development. Its toll business, the main revenue driver, spans 11 states and one Union Territory, and includes the use of Automatic Number Plate Recognition (ANPR) and RFID-based toll systems on the Delhi–Meerut Expressway. As of August 2024, it had completed 24 tollway projects and was operating seven more, alongside 63 completed EPC works and 20 ongoing projects. The company reported FY25 revenue of Rs 504.48 crore, down 13% from FY24, but net profit rose 5% to Rs 22.40 crore. IPO proceeds will fund Rs 65 crore in working capital, with the rest allocated to general corporate purposes. Highway Infrastructure's IPO is the most subscribed in the infrastructure sector in 2025 and the third most subscribed in India's history. Managing director Arun Jain said, 'The record subscription is a testament to investor confidence in our track record and our vision for the future.' Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .
News18
12-08-2025
- Business
- News18
Highway Infrastructure Limited IPO Ranks Third in the Country
NewsVoirIndore (Madhya Pradesh) [India], August 12: Setting records in the capital market is never easy, but Highway Infrastructure Limited has achieved just that. The company's mainboard IPO, coming from Indore after a gap of eight years, received such overwhelming investor confidence that it was oversubscribed 316 times, making it the third most subscribed IPO in India's history. This milestone is not only significant for the company but also marks a defining moment for Indore's business landscape, placing the city prominently on the national map. The company's shares are scheduled to list today, August 12, 2025, on the National Stock Exchange and Bombay Stock Exchange, marking the beginning of a new chapter in its growth in 1995, the company has built a strong reputation in road and bridge construction as well as toll operations. With a track record of completing projects worth over Rs. 2,000 crore approx. on time, a presence across 11 states and 1 union territory, and a diverse portfolio of EPC and toll projects, Highway Infrastructure Limited has established itself as a reliable and balanced player in the the Union Budget 2024-25, the Government of India allocated Rs. 11.11 lakh crore towards capital expenditure, with Rs. 2.78 lakh crore earmarked for the road sector. Over the next five years, more than 35,000 kilometres of new national highways are planned for construction. With its strong order book and proven execution capabilities, Highway Infrastructure Limited is well-positioned to play a significant role in this national infrastructure Director Arun Jain said, 'The record subscription is a testament to investor confidence in our track record and our vision for the future. Our aim is to expand our presence across the country and participate in larger projects to bring meaningful change to India's infrastructure landscape."Whole Time Director Anoop Agrawal said, 'With strong support and a robust order book, we are ready to set new benchmarks in technology adoption, efficiency, and quality."From the next generation, Mr. Riddharth Jain, Director, is already part of the Board, bringing fresh energy, digital thinking, and a futuristic perspective to complement the senior leadership expert CA Bhavya Mantri stated, 'The company's balanced business model, strong returns, and low debt-equity ratio make it well-prepared for sustainable growth. The enthusiastic response from investors validates this trust."From a financial standpoint, the company is in a strong position – with high returns (ROCE 16.56%, ROE 19.03%) and a low debt-equity ratio of 0.61, it is well-equipped for long-term growth. With a solid foundation, clear vision, and the trust of its investors, Highway Infrastructure Limited is ready to make a significant contribution to the nation's infrastructure story in the years ahead.(ADVERTORIAL DISCLAIMER: The above press release has been provided by NewsVoir. ANI will not be responsible in any way for the content of the same)
Fashion Value Chain
12-08-2025
- Business
- Fashion Value Chain
Highway Infrastructure Limited IPO Ranks Third in the Country
Setting records in the capital market is never easy, but Highway Infrastructure Limited has achieved just that. The company's mainboard IPO, coming from Indore after a gap of eight years, received such overwhelming investor confidence that it was oversubscribed 316 times, making it the third most subscribed IPO in India's history. This milestone is not only significant for the company but also marks a defining moment for Indore's business landscape, placing the city prominently on the national map. The company's shares are scheduled to list today, August 12, 2025, on the National Stock Exchange and Bombay Stock Exchange, marking the beginning of a new chapter in its growth journey. From left to right: Arun Jain, Riddhart Jain, Anoop Agrawal Established in 1995, the company has built a strong reputation in road and bridge construction as well as toll operations. With a track record of completing projects worth over Rs. 2,000 crore approx. on time, a presence across 11 states and 1 union territory, and a diverse portfolio of EPC and toll projects, Highway Infrastructure Limited has established itself as a reliable and balanced player in the sector. In the Union Budget 2024-25, the Government of India allocated Rs. 11.11 lakh crore towards capital expenditure, with Rs. 2.78 lakh crore earmarked for the road sector. Over the next five years, more than 35,000 kilometres of new national highways are planned for construction. With its strong order book and proven execution capabilities, Highway Infrastructure Limited is well-positioned to play a significant role in this national infrastructure expansion. Managing Director Arun Jain said, 'The record subscription is a testament to investor confidence in our track record and our vision for the future. Our aim is to expand our presence across the country and participate in larger projects to bring meaningful change to India's infrastructure landscape.' Whole Time Director Anoop Agrawal said, 'With strong support and a robust order book, we are ready to set new benchmarks in technology adoption, efficiency, and quality.' From the next generation, Mr. Riddharth Jain, Director, is already part of the Board, bringing fresh energy, digital thinking, and a futuristic perspective to complement the senior leadership team. Subject expertCA Bhavya Mantri stated, 'The company's balanced business model, strong returns, and low debt-equity ratio make it well-prepared for sustainable growth. The enthusiastic response from investors validates this trust.' From a financial standpoint, the company is in a strong position – with high returns (ROCE 16.56%, ROE 19.03%) and a low debt-equity ratio of 0.61, it is well-equipped for long-term growth. With a solid foundation, clear vision, and the trust of its investors, Highway Infrastructure Limited is ready to make a significant contribution to the nation's infrastructure story in the years ahead.
Time of India
10-07-2025
- Business
- Time of India
India should build business impact AI aimed at the simplification of the financial sector: Arun Jain, Founder & CMD, Intellect Design Arena
In this episode of ETCIO LeaderSpeak, Arun Jain, Founder & CMD, Intellect Design Arena talks about his entrepreneurial journey in building IP-led businesses in India, his passion for design thinking, his vision for AI and fintech innovations for India, the changing business models in the $254-billion Indian IT services industry and the need for institution building for social upliftment. Advertisement
