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तेरा नाम सत्य है पर सत्य का कोई नाम नहीं होता - Hindi Samachar : Latest News in Hindi, Breaking News in Hindi

तेरा नाम सत्य है पर सत्य का कोई नाम नहीं होता - Hindi Samachar : Latest News in Hindi, Breaking News in Hindi
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Zomato IPO opens today: Valuations for such firms discount futuristic growth, say analysts


Zomato IPO opens today: Valuations for such firms discount futuristic growth, say analysts
Food delivery company Zomato Ltd. (Zomato) - a food delivery company, is planning to raise up to Rs 9,375 crore through an IPO, which opens today (July 14). It closes on July 16, 2021. The price band is in the range of Rs.72-76 equity shares. The total issue size is aggregating up to Rs 9,350 crore which comprises fresh issue of equity shares aggregating up to Rs 9,000 crore and Offer for sale of equity shares aggregating up to Rs 350 crore. The shares will be listed on BSE and NSE.
Arun Malhotra, Founder & CIO, CapGrow Capital Advisors (SEBI Registered PMS), said, Zomato is an excellent, consumer centric, non-linear digital business model that will have huge operating leverage. Profitability is always a challenge in initial years for such companies, but only one player survives, and gets the majority share of both revenues and profitability. Valuations for such companies discount th ....

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pms funds: Largecap-focussed PMSes lagged in April; midcap specialists fared better


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NEW DELHI: Smallcap- and multicap-oriented PMS (portfolio management service) funds, an investment tool of rich investors, outperformed in April and delivered up to 14 per cent returns to clients.
Top guns of the PMS industry also delivered handsome returns for the month. Domestic equity benchmark Sensex fell 1.5 per cent for the month, while Nifty shed 0.4 per cent.
Kotak AMC Pharma Fund finished as the top performer of the month, returning 13.39 per cent, according to data provided by PMSBazaar.
Sun Pharma, Dr Reddy’s Labs, Cipla,
Cadila Healthcare and Aurobindo Pharma were the top five holdings in its portfolio.
Sectoral bets, especially metals, pharma and IT, have been proving to be beneficial for fund managers in the past couple of months, as the Covid-19 pandemic intensified and commodity prices rose. ....

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