Monday, February 26, 2024

PSUs should be seen as a marathon, not a sprint: TRUST Mutual Fund’s Sandeep Bagla

PSUs should be seen as a marathon, not a sprint: TRUST Mutual Fund’s Sandeep Bagla Previously, there were concerns regarding government intervention, capital allocation, and agility within PSU firms. However, these perceptions seem to be getting cleared, paving the way for increased valuations and multiples.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/psus-should-be-seen-asmarathon-notsprint-trust-mutual-fund’s-sandeep-bagla_17477171.html

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IREDA shares rise 1.1% as board announces meeting date for fund raise via QIP

IREDA shares rose by 1.1% to Rs 209.50 on news of a board meeting set for January 23, 2025, to approve fund-raising via Qualified Institutio...