Nexus Select Trust IPO Lockup Expiry - US$1.5bn Stake Comes Free. Will Likely Be a Coordinated Exit
Nexus Select Trust (NST IN) raised around US$391m in its India IPO in May 2023. The company's pre-IPO shareholders will be released from their...
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Phoenix Mills - Quality Growth Franchise Priced to Perfection
Motilal Oswal's research report onPhoenix Mills During the 10-year period from FY14 to FY24, PHNX’s retail portfolio reported a 12% CAGR in...
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Real Estate (Q4FY24 Results Preview): Strong demand aiding presales momentum
Launches getting absorbed, presales conversion cycle contracting: We continue to witness strong demand undercurrent with real estate developers...
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HSIE Results Daily: Siemens, Eicher Motors, Infoedge, Phoenix Mills
Siemens: Siemens India Ltd (SIL) delivered muted standalone Q1FY24 revenue/EBITDA/APAT of INR 44.4/5.2/4.6bn, missing our estimates by 5.9/5.5/1.8%
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Real Estate (Q2FY24 Results Preview): Festive cheer awaited
Whatever is being launched is being sold, presales momentum remains strong: Real estate developers are reporting record presales in the seasonally...
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