Spencer' S Retail Limited Details

Spencer' S Retail Limited News

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  Sanathan Textiles IPO subscribed 1.43 times as on Day 2. Check GMP, review and other details

  Sanathan Textiles' ₹550 crore IPO was oversubscribed 1.43 times, with strong retail investor interest. The IPO aims to repay debt and invest in its subsidiary. Analysts recommend a long-term subscribe rating, citing the company's diverse product base and growth potential in the yarn industry. The IPO is expected to list on December 27.

  

  Learn to live with volatility & use it to your advantage: 5 large-cap stocks from different sectors with upside potential of up to 41%

  In October, the bears made no distinction between large-, mid- or small-cap stocks – mauling them equally. The market behavior during the month underlined the importance of adhering to the basic principles of equity investing. First, remember that when you buy a stock, you own part of a business – and how the business is doing is more important than any movement of the Nifty. Second, if you are a long-term investor, a month of selling should not bother you. It has happened in the past, and will happen in the future as well. So, keep your focus on the business underlying the stock. Check for changes in the environment, and whether they are positive or negative for the business. Last, but not the least, do your homework before investing – not after investing.

  

  Ingka Centres to invest Rs 5500 crore in developing a shopping destination in Noida

  Ingka Centres, part of the Ingka Group including Ikea, will invest nearly €600 million in a shopping destination with office space and a hotel in Noida. Anchored by an Ikea store, Lykli Noida will have significant retail and leasable areas. The project aims for sustainable construction and high footfall upon completion by 2028.

  

  Star Health eyes 10-15% price hike across select products: Anand Roy

  Logically, pure protection plans of life would be the go-to area for us because that is very-very typical of what we already do and very close adjacency. And similarly, in the non-life segment also, we would evaluate motor as a segment. We believe that being one of the largest retail segment, there is an opportunity for us.

  

  What’s making Bernstein’s Jignanshu Gor bet on retail, and restaurant over staples?

  Jignanshu Gor of Bernstein SocGen is optimistic about the growth of discretionary spending in India, particularly in non-metro areas. He believes sectors like retail and restaurants will see recovery in the next 12 to 18 months. He highlights positive prospects for stocks like DMart, Trent, Devyani, and Jubilant in this landscape.