Latest news with #Kranthi
&w=3840&q=100)
Business Standard
2 days ago
- Business
- Business Standard
GRSE, BDL among 9 defence stocks up over 70% in 2 mths; time to book gains?
Shares of Indian defence-related companies have witnessed a spectacular bull-run on the BSE and the NSE in the last two months, with the success of ' Operation Sindoor ' adding fire-power to already pumped-up shares in the month of May. The NSE Nifty Defence index has zoomed as much as 59 per cent from its April 7 low of 5,645 to the current 8,970 levels. In comparison, the NSE Nifty 50 index has gained 14 per cent in the same period. Among the Nifty Defence constituents - 50 per cent of the stocks i.e. 9 out of the 18 defence shares have zoomed more than 70 per cent in the last two months, shows ACE Equity data. Garden Reach Shipbuilders & Engineers (GRSE) is the top mover, the stock has soared 138 per cent. It is followed by Data Patterns (India), which has zoomed 114 per cent. Paras Defence And Space Technologies, Astra Microwave Products, Mishra Dhatu Nigam (Midhani), BEML, Bharat Dynamics (BDL), Cochin Shipyard and Solar Industries India are the other 7 stocks, up in the range of 70 - 98 per cent. Given the recent sharp rally, analysts recommend it won't be a bad idea to take home some profit off the table, but remain optimistic of the future growth prospects. Kranthi Bathini, director - equity strategy at WealthMills Securities says that defence stocks seem to be fully priced-in at current levels; hence taking some profits from the medium-to-short term seems advisable. On the downside, these stocks could correct between 15-20 per cent, the analyst said. However, the long-term outlook for defence stocks remains upbeat given India's focus on domestic manufacturing, coupled the with export market. The order book and earnings visibility looks very good for these companies, Kranthi added. That apart, post Operation Sindoor, analysts believe the Indian government may increase Budget outlay for the defence sector. Reports indicate that India's defence budget may receive an additional allocation of ₹50,000 crore under a supplementary budget. In the Union Budget presented on February 1, Finance Minister Nirmala Sitharaman had earmarked a record ₹6.81 trillion for the defence sector for FY26, an increase of 9.2 per cent when compared to the budget allotment of ₹6.22 trillion in FY25.
Time of India
3 days ago
- Business
- Time of India
Q4 Earnings, Monsoon, Rate Cuts: What's next for Indian markets?
The stock market swung between gains and profit-booking last week, driven by Q4 earnings, global cues, and selective FII activity. What lies ahead? We spoke to Kranthi Bathini, Equity Strategist, Wealthmills Securities on sector trends, key Nifty levels, and the surge in defence stocks. What should your strategy be amid rate cut hopes and monsoon forecasts? Let's take a look. Excerpts: Q. Last week, we saw a roller-coaster ride—driven by easing global tensions, profit booking, and underwhelming Q4 earnings. FIIs also played a key role. Can you break down what really happened? Kranthi Bathini : Yes, markets remained range-bound last week, swinging between 24,750 on the downside and 25,500 on the upside. We're at the fag end of the earnings season, and while there weren't any big surprises, LIC did stand out. It showed a positive breakout and strong guidance—sustaining above ₹1,000 could indicate momentum. Mid and small caps stole the limelight this week. Overall, Q4 earnings were decent—better than expected and showing year-on-year expansion. Despite geopolitical uncertainties, India's handling of tensions has reassured global investors. FIIs are now favouring India over the US due to greater clarity and resilience. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cimuncang: Beautiful New Senior Apartments with Two Bedrooms Senior Apartments | Search Ads Search Now Undo Q. Would you say our domestic economy has shown resilience despite the geopolitical issues, including border tensions? Kranthi: Absolutely. Domestic macros are strong—cooling inflation, early monsoons, and a growth-supportive environment. That's why, despite subdued Q4 results, markets are holding up well. Q. Which sectors stood out this week, and which lagged? Kranthi: Defence is the standout. It's riding on long-term fundamentals, not just geopolitical tensions. There's some froth due to excess investor interest, but any dip is a buying opportunity. Banking and financial services are also key picks, especially with expected rate cuts . Live Events Selective interest is also seen in IT and infra, though IT remains uncertain. Q. And what's your view on banks and NBFCs? Kranthi: Banks are doing well and remain FII favourites. They're at the core of India's growth story. However, IndusInd's recent corporate governance issue is a red flag and a reminder for better governance across the sector. NBFCs face short-term headwinds from RBI norms, but should benefit from rate cuts and credit growth in the medium term. Q. What should be the strategy for this week? Kranthi: We're in a 'buy on dips, sell on rally' market. Investors need to use trailing stop losses and avoid getting caught in temporary euphoria. Until Nifty decisively crosses 26,000, range-bound movement will continue. Q. What are some key triggers in the near term? Kranthi: Monsoon progress is crucial—it directly impacts economic activity. Globally, US policy volatility adds to uncertainty, especially on tariffs and interest rates. These factors drive short-term market sentiment and are hard to predict for retail investors. Q. What are the key Nifty levels to watch? Kranthi: Support is at 24,750. If Nifty sustains above 25,000, we could see positive momentum. A break below 24,750 may lead to downside, but strong liquidity—thanks to FIIs, DIIs, and retail—will likely ensure pullbacks. Dips remain buying opportunities.
&w=3840&q=100)
Business Standard
14-05-2025
- Business
- Business Standard
FIIs net sell over ₹6,600 cr in F&O on Tuesday; what's worrying them now?
Foreign institutional investors (FIIs) seem to have turned circumspect on the Indian stock market following the sharp volatility in recent trading sessions. According to data from SEBI, FIIs had started the May month on an optimistic note, and net bought shares worth ₹11,656 crore in the first five trading sessions of the month, till May 8 in the cash market. However, in the last three trading days, FIIs have net sold stocks worth ₹3,029.09 crore. In comparison, domestic institutional investors have net bought shares to the tune of ₹12,999.90 crore in the last three days. Apart from the cash market activity, FIIs have now turned net sellers in the derivatives - futures & options (F&O) market for the May series, owing to aggressive net sales to the tune of ₹6,668.28 crore in Tuesday's trading session. FIIs net sales in May F&O series now stands at ₹1,993.26 crore. Market experts believe that the recent change in FIIs stance could be more due to the sudden sharp spike in the market on Monday. ALSO READ | Where to invest as markets look past trade, India-Pak war, Q4 earnings? FIIs seem to be taking-off some hard money out of the market following the sharp rally on Monday, says Kranthi Bathini, Director-Equity at WealthMills Securities. Kranthi recommends this could be a short-term trading activity, the larger picture should get clearer over the next 10 days. FIIs will also be closely tracking how the US trade war pans out in the coming weeks; in general, FIIs are waiting to take a long-term stance on India, Kranthi added. Here's what FIIs did in the May series thus far Significant liquidation - Amid the recent sell-off FIIs open interest (OI) in index futures has declined by 14.7 per cent in the last three days, to 1.46 lakh contracts. FIIs OI at the start of the May series stood at 1.36 lakh contracts, and had reached a high of 1.72 lakh contracts on May 8 - primarily owing to buying in Nifty futures. Following the recent liquidation, FIIs fresh OI build-up in Nifty futures now stands at 21 per cent as against a peak of 48.1 per cent build-up. Meanwhile, OI in Bank Nifty futures have dropped sharply to 29,591 contracts much below that then OI at the start of the May series (36,110 contracts). OI in MidCap Nifty futures has dipped by 12 per cent from a high of 36,569 contracts on May 9 to 32,167 contracts. Meanwhile, the NSE Nifty 50 index has gained 1.3 per cent in the last three trading sessions, and is up 1.4 per cent in the May series thus far. FIIs v/s DIIs v/s Retail v/s Proprietary traders - who is bullish/ bearish? Data from the NSE derivatives segment shows that FIIs who had turned net bullish (long) in index futures on May 7, saw the long-short ratio hit a high of 1.09 on the following day. The long-short ratio is derived taking into account the total buy-side open positions versus sell-side open positions in index futures. A value in excess of 1 indicates higher open positions on the buy side of trade. However, within the next three trading sessions FIIs long-short ratio has now plunged to 0.6 - this ratio now implies presence of nearly 2 short bets in index futures for every long trade. Nandish Shah, senior technical & derivative analyst at HDFC Securities recommends that a lower long-short ratio could work in favour of the Indian market, as this could mean that FIIs may come to buy at lower levels, thus providing cushion in case of a dip. Similarly, proprietary traders' long-short ratio has dropped to its lowest point at 0.31 since October 1, 2024. This ratio implies that proprietary traders are holding 3 short positions for every long bet in index futures. Meanwhile, DIIs and retail investors continue to hold bullish positions. DIIs long-short ratio stands at 2.4, and retail at 1.2. Here's what Nifty options data hints at The immediate ceiling for the Nifty lies near 24,800 – 25,000 levels, and a strong close above this range could ignite a fresh round of short covering, potentially taking the index to 25,200 – 25,300, said Dhupesh Dhameja, Derivatives Research analyst at SAMCO Securities in a note. On the flip side, a slip beneath 24,500 might open the gates for minor profit-taking toward the 24,370 mark — a zone that could yet again offer an entry point for the bulls, the note added.
India.com
29-04-2025
- Business
- India.com
Advancing Telecommunications Technologies: An Interview with Kranthi Kiran Kusuma
Kranthi Kiran Kusuma is a highly accomplished telecommunications professional based in Ontario, California. With 15 years of industry experience, Kranthi has established himself as an expert in carrier certification and project management. His impressive educational background includes a Master of Science in Information System Management from Coleman University, a Master of Information Technology from the University of Ballarat, and a Bachelor of Computer Applications from Osmania University. Throughout his career, Kranthi has successfully managed complex technology projects and maintained strong relationships with major telecom industry leaders. Q 1: What got you interested in telecommunications, and particularly carrier certification and testing? A: My interest in telecommunications was sparked by just how rapidly mobile technology interfered with the day-to-day activities of human beings. Carrier certification turned out to be particularly interesting to me because it represents a kind of crossroads between innovation and reliability. Working in this area makes it possible for me to directly see cutting-edge technologies–5G SA & NSA, LTE, and other cellular wireless technologies–ensuring that they meet rigorous specifications prior to being made available to consumers. The thrill is in being part of that process which brings new capabilities to communications, knowing that my work is helping to advance technology in millions of user's lives. Q 2: What is your approach to managing cross-functional teams for complex technological projects? A: To me, handling multidepartmental teams would involve strong and clear communication and that each member of the team has an appreciation of each other's individuality. The specific objectives of the project becoming considerable are shared with everyone, bearing in mind that every person having a well-defined understanding of their individual contributions towards it. The regular visit checks and visible project tracking will act as a momentum keeper and flag for any rising issues. I've noticed that an environment where team members feel free to talk about what difficulties they experience leads to even more exciting solutions. I also push creating of relationships outside departments so that you are not siloed in, especially for those tricky carrier certification jobs, where they've got to cross over engineers, quality assurance teams, and business stakeholders. Q 3: How have you managed to see the growth of the 5G technology and what challenges did you face from the certification perspective? A: Well, I've seen the journey of 5G from inception to massive deployment, and I would say from the experience-it has made life very different from 4G, bringing tremendous improvements in these areas: speed, latency, and connection density. However, these achievements have brought with them certification challenges. For example, with the deployment of millimeter wave technology (FR2), testing becomes more complicated due to signal propagation characteristics and the development of specific measurement methodologies. One of the most important challenges among them has been to keep the performance consistent over different environments, mainly for FR2 deployments that will be more sensitive to obstructions. Furthermore, there are many cases that need to be tested to guarantee the interoperability between 5G with 4G and legacy networks. To combat these challenges, I have implemented stricter field testing protocols and spent adequate time training engineers on the nuances of 5G technologies to ensure our certification procedures remain thorough and reliable despite the increased complexity. Q 4: What are the methods you apply to keep the working project within the time and budget limits? A: Timely and budget-wise completion of the telecommunications project required a combination of detailed planning and flexible execution. Thus, these projects start with extensive project scoping so that the deliverables can be broken into manageable milestones that have a buffer time for unexpected events. It includes resource allocation- I do assess the team capacity and expertise so that I can put right people on the correct tasks. For budgeting, I do regular financial reviews and compare actual expenses and projections to identify overruns at an early stage. For carrier certification, the best way I have found to use resources wisely in the most stressful times is to test priorities up front. In addition, I make use of project management tools, such as JIRA, to keep everything visible throughout the workstreams to enable data-driven decisions whenever adjustments need to be made. But most importantly, I create an accountability atmosphere in which people are encouraged to take ownership of their work but feel supported when they face obstacles. Q5: Here were the exciting advancements in telecommunications technologies for the future. A: I think the area where I am most excited for the future is convergence 5G technology with the other upcoming developments, such as artificial intelligence and IoT. Ultra-low latency and a large number of device connections create possibilities. Looking forward to being able to see how network slicing would change the way different applications allocate network resources, innovations involved in developing 6G technologies capable of operating in terahertz frequency ranges, and integrations of satellite-based communications with terrestrial networks. These developments together open up exciting possibilities for global connectivity. Beyond the new technology, I personally think these developments are going to open up new possibilities with application fields such as smart cities, autonomous vehicles, and telemedicine since they will require different approaches to certification and testing. I am looking forward to working into those standards to ensure that those technologies can count on being reliable, secure, and accessible. Q 6. How do you keep abreast of the fast-moving and ever-changing technologies and standards within telecommunications? A: Current developments in telecommunications require a multidimensional approach, as innovations are awakened nearly every second. Direct communication with attendees and speakers was possible at a conference, seminars, and webinars by industry experts. I also get a front row seat to new technology development when I work with carrier certification before most of the rest of the marketplace has been exposed to it. I remain active in the professional bodies and keep reading the reputable journals like 3GPP and IEEE. Colleagues within an organization who are specialized in different branches also offer different perspectives, and according to their ingenuity, they could be resourceful in furthering practical knowledge from theory. The same goes with new technologies as hands-on learning experiences develop theoretical and practical knowledge in telecommunications. I've also been able to develop a network of contacts with industry colleagues for periodical exchanges of ideas and information. This unique combination of formal education, hands-on applications and professional networking has been critical to maintaining a current skillset in the last 15 years of my telecommunications career. Q 7: What piece of advice would you give to someone wanting to get into telecommunications, particularly in testing and certification? A: For people entering the telecommunications testing and certification segment, I would suggest first learning networking basics and wireless technologies really well. Whether they specialize in a certain area, having understanding of protocols, signaling or RF principles would benefit them later on. Get hands-on experience, even if entry-level, because such know-how is invaluable in the field. Certifications relevant to telecommunication would definitely help in proving the commitment to the authenticity and expertise with which a person can explain to future employers. Be prepared to learn on and on because this industry transforms very quickly – what was cutting edge today will be standard tomorrow. Develop analytical and problem-solving skills because troubleshooting is one essential aspect of such testing work. Do not underplay communication skills, for instance, with technical ability one needs to relay that information to different stakeholders, ranging from engineers to business leaders. Tremendous room for growth is offered in telecommunications, especially now with 5G coming into the mainstream within companies, as well as research advancing in 6G; hence this is a great time to join the industry. High pressure situations, especially around certification deadlines, need to be handled with balanced strategic planning and tactical execution. For example, now I'm facing tight timelines; I reassess priorities and focus efforts on critical path items affected by certification. Clarity on the communication plan becomes much more important-I also ensure that relevant stakeholders know what our plan of action is and what risks to expect. I've found that breaking large problems into several smaller ones is a great way to boost morale within the team and create solid indicators of progress. During extraordinarily intense certification cycles, I implement check-ins as much as possible but also focused so that blockers can be cleared at an accelerated pace without infringing the flow of work. I have developed throughout my entire career a problem-in-analyzed fashion, which helps much faster resolve technical issues that would derail the time for the completion of the certification. Most importantly, I keep a calm, solution-oriented approach so that the team can keep their focus and not feel the pressure. This has really helped us meet challenging deadlines while maintaining testing quality and team wellness. Q 8: What are your long-term career aspirations in the telecommunications industry? A: On the long run, I look forward to holding a strategic leadership position whereby I can influence telecommunication technology adoption and implementation. I am particularly passionate about helping organizations realize the potential of emerging technologies such as advanced applications of 5G, private networks, and eventually 6G. As someone who has spent a lot of time in carrier certifications, I see extraordinary value in bridging the gap from technical innovation to practical deployment. I want to leverage the experience to energize great initiatives that hasten the responsible deployment of new telecommunications capabilities while ensuring those capabilities meet the most rigorous standards for performance and reliability. Also, I'm deeply involved in mentoring the generation-younger telecommunications professionals so that these insights get shared throughout my career. I would like, in the end, to contribute toward how such transformational technology better connects and opens new opportunities for different industries and communities. About Kranthi Kiran Kusuma Telecommunications professional with 15 years of experience in the industry, specializing in carrier certification and project management. Kranthi Kiran Kusuma works based in Ontario, California, having a proven record in managing complex technology projects and cross-functional teams. Kranthi has expertise in 5G( FR2/FR1 ), 4G LTE, as well as other wireless technologies. He has successfully led multiple field certification programs across North America. Including a Master of Science in Information System Management, a Master of Information Technology, and a Bachelor of Computer Applications, Kranthi's educational qualifications are great. Throughout his career, Kranthi has had strong linkages with industry key clients while ensuring product delivery success and technical excellence in the telecommunications industry. (Author: Priyanka Gupta)
Yahoo
08-03-2025
- Entertainment
- Yahoo
Cowell takes part in BGT sledgehammer audition and calls it ‘the scariest thing'
Britain's Got Talent judge Simon Cowell has said participating in an audition involving a blindfolded man wielding a sledgehammer is the 'scariest thing' he has ever done. Saturday's episode of the ITV1 entertainment show saw Cowell, 65, being welcomed onto the stage by yoga instructor Kranthi, whose talent was smashing watermelons, coconuts and pineapples. After biting into drink cans and smashing them onto his head, the performer then made a beckoning motion to the judges' table. During the performance, Cowell lay down on the floor while a variety of fruits were placed around him in anticipation of Kranthi pummelling them while blindfolded. After smashing watermelons mere inches from Cowell's head the judge asked Kranthi to stop and Cowell was helped to his feet by crew members. Despite the experience, Cowell gave him a 'yes' while Alesha Dixon said: 'I never want to see that again.' Cowell also told presenters Anthony McPartlin and Declan Donnelly that the experience 'was the scariest thing, I swear to God, I've ever done'. The episode saw the judges dish out two of the coveted golden buzzers – which give acts a fast track to the live semi-finals. His guitar solos were GOLDEN! 🎸🌟 Watch 11-year-old Olly Pearson ROCK OUT in his Golden Buzzer-winning audition: #BritainsGotTalent — BGT (@BGT) March 8, 2025 Amanda Holden pressed the first buzzer after a rousing performance from 11-year-old schoolboy Olly Pearson who played Queen, Van Halen and AC/DC on the electric guitar. When he finished the audience gave him a standing ovation and his grandfather walked onto the stage to give him a hug. The venue was plunged into darkness for the second golden buzzer act. All four judges pressed the button following the performance from Swiss dance troupe The Blackouts, who combined music, dance and acrobatic elements with LED technology. Among the other auditions was a man from France, whose talent was spinning plates, and an entertainer called Lan Guangping, who attempted to balance his weight on some eggs. Another entertainer who made an impression was 28-year-old TK who asked Cowell to write down a word associated with the magic tricks he had just performed. While Cowell had his eyes closed the football coach showed his phone to the audience and asked them to look at the wifi networks which had all changed to the word 'charming' – which Cowell then revealed to be his chosen word. Bruno Tonioli said he had 'such a wonderful personality' and the performer was given four yeses from the judges.
