Latest news with #NuvamaAlternative&QuantitativeResearch
Time of India
2 days ago
- Business
- Time of India
Ola Electric shares in focus as lock-in expiry frees up 10% of equity
Ola Electric Mobility shares will be in focus on Friday, August 8, as the one-year lock-in period ends today, resulting in the release of 441.8 million shares into the market, representing 10% of the company's total outstanding equity, according to Nuvama Alternative & Quantitative Research. This corporate development marks a key event for investors and market participants tracking the stock. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program A lock-in period refers to the time frame following a company's listing during which certain shareholders—typically promoters, early investors, or insiders—are restricted from selling their shares in the open market. Once this period expires, these shareholders are permitted to offload their holdings, potentially increasing the stock's free float and available supply. While the lifting of lock-in restrictions does not directly affect the fundamentals of a company, it can impact market dynamics depending on the volume of shares released and prevailing investor sentiment . The lock-in release on August 8 comes exactly a year after the company's listing and will allow previously restricted shares to become eligible for trading on the open market starting Friday. Live Events A lock-in expiry typically results in a sharp increase in the number of shares available for trading as previously restricted shares held by promoters, early investors, or institutions become eligible for sale. This sudden rise in supply can lead to short-term selling pressure, especially if early investors choose to book profits, often pushing the stock price lower. While this is a common and expected event in the lifecycle of a newly listed company, the stock's reaction largely depends on investor sentiment and the company's fundamentals. If large shareholders retain their stakes post-lock-in, it may be seen as a vote of confidence, whereas significant selling could trigger concerns among retail investors. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
6 days ago
- Business
- Time of India
Vishal Mega Mart, Swiggy may be included in MSCI Standard Index
Synopsis Nuvama Alternative & Quantitative Research anticipates significant changes in MSCI's Standard index, with potential additions like Vishal Mega Mart, Swiggy, Hitachi Energy India, and Waaree Energies, attracting an estimated $1.03 billion in inflows. Conversely, Sonacoms and Thermax face possible exclusion, leading to outflows. The MSCI Smallcap Index is also expected to see multiple additions and exclusions.
Mint
23-06-2025
- Business
- Mint
Trent share price: Why is this Tata group stock rising despite the stock market crash? EXPLAINED
Trent share price in focus today: Shares of Tata Group's retail arm, Trent, rose 3% on June 23 to hit a five-month high of ₹ 6,078 apiece, outperforming a weak broader market as the stock was officially included in the BSE Sensex today, a move expected to trigger $330 million in passive inflows, about 5.8 times its average daily volume (ADV), according to Nuvama Alternative & Quantitative Research. The Tata Group stock has been buzzing of late on Dalal Street, despite the Indian stock market being under pressure amid rising tensions in the Middle East, as the conflict between Iran and Israel deepens. Optimism surrounding the stock was fueled by the company's continued commitment to its long-term target of achieving 25% annual growth, with a focus on value fashion brand Zudio, expansion into micro-markets, and entry into new categories, the the retailer told analysts at its investor day on June 18.
Mint
20-06-2025
- Business
- Mint
Friday fortune: Nifty, Sensex end 3-day slide but caution lingers
India's benchmark equity indices snapped a three-day losing streak to end more than 1% higher on Friday, lifted by short-covering ahead of next week's monthly derivatives expiry and US president Donald Trump deferring his decision to join Israel's attack on Iran. Adding to the new market momentum were two significant semi-annual index rebalances: the Sensex and London's FTSE, according to Abhilash Pagaria, head of Nuvama Alternative & Quantitative Research. Siemens Energy is set to be dropped from the MSCI Global Standard Index, which could spark an estimated $210 million outflow. Since it's also part of the Nifty 50, an additional $50 million in outflows is anticipated from that front. In contrast, Tata Group fashion retailer Trent Ltd and state-run Bharat Electronics Ltd are set to replace Nestle and IndusInd Bank on the Sensex, potentially drawing in fresh investments. Meanwhile, the FTSE reshuffle is expected to bring in around $150 million into India, primarily due to the inclusion of Vishal Mega Mart. 'The market is like a person whose average temperature is fine as one leg is in cold water and the other leg is in boiling water,' said Nilesh Shah, managing director of Kotak Mahindra AMC. He said that stable domestic macros are currently outweighing geopolitical uncertainty. And, since the valuation of Indian equities is unlikely to be rated further up from here, Shah believes investor returns will come from earnings growth moving ahead. On Friday, both Nifty 50 and S&P BSE Sensex closed 1.3% higher at 25,112.40 and82,408.17points, respectively. Gains in Nifty 50 were led by a surge in heavyweight stocks such as HDFC Bank, Reliance Industries, Bharti Airtel, and ICICI Bank. The Nifty 50 finally broke past the 25,000-mark on Friday, a level that had acted as a key resistance. With the index closing firmly above it, Kkunal Parar, vice-president at Choice Equity Broking, sees room for further gains, possibly up to 25,300 points. 'If momentum holds and the index surpasses that level', he believes Indian equities could be on track for a fresh high. Meanwhile, Nifty Smallcap 250 ended the day 0.6% higher and Nifty Midcap 100 surged 1.5%. A 2 June report from Morgan Stanley highlights the resilience of Indian markets, noting that 'market wants to go up, not down.' Since September 2024, the market has absorbed a wave of negative developments—from stretched valuations in small- and mid-caps and a broad-based correction, to concerns over slowing macro growth and earnings, US tariff-related volatility, and even a major terrorist attack followed by India's response. Yet, large-cap indices remain just about 5% below all-time highs, 'and almost negligible changes in implied volumes,' the report said. Israel and Iran continue to exchange fire after Israel launched strikes on Iran's military and nuclear sites on 13 June, drawing a retaliation from the Islamic nation and ratcheting up geopolitical tensions. Both Israel and the US want Iran to abandon its nuclear programme, and Trump has deferred his decision on attacking Iran by two weeks, opening a potential negotiating window. Foreign institutional investors (FIIs) were net buyers on Friday, picking up ₹ 7,940.70 crore, while domestic institutional investors (DIIs) booked profits with net sales of ₹ 3,049.88 crore, according to BSE provisional data. Over the past week, both FIIs and DIIs emerged as net buyers, with inflows of ₹ 1,209.57 crore and ₹ 18,726.90 crore, respectively, according to NSDL data. Overall cash levels of the mutual fund industry remain elevated, particularly concentrated within three asset management companies (AMCs), as per an Elara Capital report dated 17 June. 'It is important to understand that this is not a short-term tactical move but a strategic positioning reflecting caution on current market valuations—especially in the Mid and Smallcap segments.' The report highlighted that almost 25% of the total cash in the system is held by only 4 schemes and 50% by 18 schemes. And most of these schemes have maintained elevated cash level for more than a year. Rather than channeling funds into the secondary market, fund managers are increasingly turning to the primary market, where issuance activity has seen a notable resurgence since May 2025, the report pointed out. Still, some amount of caution continues to linger among investors, considering the ongoing conflict in West Asia. market experts said. A flare-up in tensions could drive up crude oil prices and heighten volatility, quickly souring the overall investor sentiment.
Mint
29-05-2025
- Business
- Mint
Ather Energy to Borana Weaves: IPO-lock-in expiry for 61 companies to release $21 bn worth of shares in 4 months
IPO lock-in expiry: A total of 61 companies are slated to have their pre-listing shareholder lock-ins lifted between May 28, 2025 and September 22, 2025, which could potentially free up shares amounting to $21 billion, according to a report by domestic brokerage Nuvama Alternative & Quantitative Research. Some of the key companies that will witness IPO lock-in expiries include recently listed Ather Energy and Borana Weaves. While the value of shares set to be open for trading pertains to the total lock-up opening shares, it's important to understand that not all of these shares will be sold. This is because a sizable portion of these shares is also held by the promoter and promoter group companies. Nuvama said it has only considered those companies that got listed on the Indian stock exchanges by May 26, 2025. The lock-in period for an IPO is a specified duration during which certain shareholders, like promoters and anchor investors, are prohibited from selling their shares. These lock-in regulations are designed to promote stock price stability and allow the company time to establish itself in the market after its IPO. The duration of the IPO lock-in period varies depending on the category of investor — such as promoters, anchor investors, and non-promoter shareholders. Here is a detailed list of companies set to face IPO lock-in expiry over the next few months: Only Ather Energy and Borana Weaves shares are among those that will see one-month and three-month IPO lock-in expiries. Around 21 million shares of Ather Energy will be available for trade on June 2, followed by another 21 million on July 31. Meanwhile, 2 million shares of Borana Weaves will be available for trading on June 23, and an additional 2 million will be up for trading on August 21. Ather Energy shares are currently trading below their IPO price of ₹ 321 apiece. The stock had listed at ₹ 328 in May. Meanwhile, Borana Weaves stock had listed two days ago at ₹ 243 as against the IPO price of ₹ 216. Today, the stock closed the session at ₹ 232.55, below its listing price but above the issue price. Some 28 companies will see their six-month IPO lock-in expiry between June 2 and August 18. Enviro Infra, Vishal Mega Mart, Sai Life Sciences, Mamata Machinery, Unichem Aerospace and Dr Agarwal's Health Care are some of the companies up for six-month lock-in expiries. Disclaimer: The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
