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[hfe_template id='11223'] [ad_1] Global brokerage firm CLSA has upgraded its ratings on Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) to ‘High Perform’ from ‘Outperform’, citing robust loan growth, strong return on equity (ROE), and attractive dividend yields. The brokerage firm has also set a target price of Rs 525 for both REC and PFC, adjusting from their previous targets of Rs 590 and Rs 540, respectively. CLSA emphasized that asset quality concerns remain minimal, given that lenders are maintaining tight control over project approvals and agreements during the ongoing capex cycle. Despite concerns over process-related slowdowns and sanction delays, CLSA remains optimistic about the mid-teen loan growth outlook over FY26-27 for both companies. REC: High perform| Target price: Rs 525 CLSA highlighted that REC's loan growth over the past 5-7 quarters has been strong, ranging between 15%-21%. The note pointed out that while there have b...

[hfe_template id='11223'] [ad_1] ET Intellligence Group: Unicommerce eSolutions, which provides ecommerce-related software solutions, plans to raise up to ₹277 crore through an offer for sale. The promoter group stake will fall to 23.6% after the IPO from 48.6% excluding any Esop adjustments. AceVector, which also owns Snapdeal, is the major promoter of Unicom. The company counts Mamaearth, Lenskart, boAt, Fabindia, Emami, Cello, and Paragon as some of its clients. The number of transactions on its platform increased to over 791 million in FY24 from 410 million in FY22. However, given the rich valuation, the IPO looks more suitable for investors with high-risk appetite. Business It offers software as a service solutions to manage ecommerce operations to brands, sellers and logistics service providers. This includes post-purchase operations such as warehouses and inventory management, order tracking, and payment reconciliation. The number of enterprise clients increased t...

[hfe_template id='11223'] [ad_1] Synopsis What does a hospital, chemical or rather specialty gas supplier, FMCG, and real estate company have in common? Surely not the product. What binds them is the ability of management which has been tested in tough times. Another common factor, business is such that returns on investment are higher and are also consistent. The reason why these things become important at this point of time is the fact that in bull markets, there is no dearth of explanation and narrative, when putting money one has to look at one reason which becomes the focal point to avoid panic when there is correction. So, if the management and business are good then corrections will come and go and in the long term higher return would compensate for the patience which one shows in the times of correction. In the stock market, consciously or subconsciously, it is the stock's price movement which governs actions and then the post facto justification of those act...