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Indiabulls Real Estate to raise ₹3,911 crore from Blackstone Group, Embassy Group & others

Indiabulls Real Estate to raise ₹3,911 crore from Blackstone Group, Embassy Group & others
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Indiabulls Real Estate raises Rs 3,911 crore through preferential allotment

Indiabulls Real Estate raised Rs 3,911 crore from investors like Embassy Group, Baillie Gifford & Co, Blackstone Real Estate Fund following SEBI guidelines at Rs 111.51 per share. The company plans acquisitions in Bengaluru and Chennai. ....

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Sanjiv Bhasin | Sanjiv Bhasin portfolio: More money will still be made in broader markets; stocks to buy on dips: Sanjiv Bhasin

Sanjiv Bhasin suggests looking at the cement basket in largecaps as pet coke prices have fallen. Indiabulls Real Estate is preferred over DB Realty. ONGC, IOC, and IGL are recommended picks. Bata and Patanjali are expected to benefit from increased rural spending. Zomato has performed well but needs fresh impetus. ....

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Sanjiv Bhasin portfolio | Sanjiv Bhasin: Sanjiv Bhasin is betting on 4 stocks in tech/EMS basket. Here's why

Sanjiv Bhasin of IIFL Securities says he is bullish on HCL Tech, Wipro, Coforge, and Dixon in the IT sector. He believes Vodafone will survive and progress into 5G with capital infusion. Bhasin is positive on Grasim and Asian Paints. Indian IT companies are expected to perform well, including NVIDIA. ....

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