Sajeet Manghat, BQ Prime

Sajeet Manghat

BQ Prime

Mumbai, MH, India

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Recent:
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Past:
  • BQ Prime

Past articles by Sajeet:

Retail Stock Ownership At 14-Year High

The clout of Indian retail shareholders has risen. Individual retail ownership of shares listed on the NSE hit a 14-year high in December 2021, according to NSE’s India Ownership tracker. → Read More

Wipro Q4 Results: Revenue, Profit Meet Estimates, Margin Under Pressure

The Bengaluru-based IT company’s revenue increased 2.7% sequentially to Rs 20,860 crore in the quarter ended March. → Read More

Bajaj Auto Q4 Results: Profit And Revenue Fall, Margin Contracts On Weak Domestic Demand

Net profit of the Pune-based two-wheeler maker fell 1.62% over the year ago to Rs 1,526.16 crore in the quarter ended March. → Read More

Tata Group Not In The GMV Multiple Game, Says N Chandrasekaran

A week into the launch of Tata Neu Super App, N Chandrasekaran of Tata Sons doesn't want the digital venture to be compared with any other competitor. “We have our gameplan. Let me play my game,” Chandrasekaran, chairman of Tata Sons Pvt. told BloombergQuint. The Tata Neu app was launched on April 7 and within hours faced tech glitches. → Read More

Infosys Q4 Results: Growth Stutters As Margin Pressure Aggravates

The software services exporter’s revenue increased 1.28% sequentially to Rs 32,276 crore in the three months through March. → Read More

Canadian Pension Fund Eyes Assets With Net-Zero Road Map

Canada Pension Plan Investment Board expects its net-zero transition assets portfolio to double by 2030. → Read More

TCS Q4 Results: Revenue Meets Estimates, Attrition Rises

TCS' revenue rose 3.5% over the preceding quarter to Rs 50,591 crore in the three months ended March. → Read More

Ruchi Soya's FPO Withdrawal Window Sees Foreign Investors Pulling Out The Most

By the time the withdrawal window for Ruchi Soya Industries Ltd.'s follow-on public offer closed, foreign portfolio investors had withdrawn most of their bids to purchase shares. Whereas demand from high net-worth and small retail investors saw only a minor pullback. → Read More

Portfolio Managers Tested As Investors Exit High-Stake Schemes

Portfolio managers with exposure to high-growth, emerging new-age companies saw value erode in 11 months through February as wealthy investors pulled out from such bets amid volatility. → Read More

Ruchi Soya To Raise Rs 4,300 Crore Via FPO To Prepay Debt

The Ruchi Soya FPO comprises issuing 6.6 crore shares at Rs 615-650 apiece. That values the Patanjali Ayurved-owned firm at Rs 23,130 crore, a discount to the current market capitalisation because of the low public float. → Read More

NSE Chief Vikram Limaye To Not Seek Second Term

Vikram Limaye will not seek an extension as the chief of the nation’s largest bourse, which is being probed for governance standards during the term of his predecessor. → Read More

Adani Wilmar IPO: All You Need To Know

Adani Wilmar Ltd., a joint venture between Adani Group and Wilmar Group, will sell shares at Rs 218-230 apiece in its three-day initial public offering that opens on Thursday, Jan. 27 and closes on Monday, Jan. 31. → Read More

What Byju’s Bought Is Worth More Than What It Built

Byju’s is now India’s most valuable privately held internet company. And its parent Think & Learn is eyeing to more than double that. Yet, just three of its subsidiaries contribute nearly all its fair value. → Read More

AGS Transact Technologies IPO: All You Need To Know

AGS Transact Technologies IPO: All You Need To Know → Read More

Hinduja Global Approves Rs 1,000-Crore Buyback

Hinduja Global Solutions Ltd. announced a share buyback worth up to Rs 1,000 crore, days after its dividend left investors disappointed. The board approved a repurchase of up to 25% of the paid-up capital, and reserves and surplus allowed under the regulations, according to the company’s statement to exchanges. → Read More

TCS Q3 Results: Revenue In Line With Estimates, Attrition Inches Up

The company's revenue rose 4.31% over the preceding quarter to Rs 48,885 crore in the three months ended December. → Read More

TCS Board Approves Rs 18,000-Crore Buyback

Tata Consultancy Services Ltd. approved a proposal to buy back shares worth up to Rs 18,000 crore to reward stakeholders. India’s largest software services outsourcer will repurchase four crore shares, or 1.08 % of the total paid-up equity, at Rs 4,500 apiece, it said in an exchange filing. That is a 16.58% premium to Wednesday's closing price. → Read More

Infosys Q3 Results: FY22 Revenue Growth Guidance Raised On Large Deals

Infosys Ltd. raised its revenue growth forecast for the full year on the back of large deal wins and increased client spending. → Read More

Wipro Q3 Results: Revenue At Higher End Of Guidance; Attrition Inches Up

The company's revenue rose 3.28% sequentially to Rs 20,313.6 crore in the quarter ended December. → Read More

HGS Interim Dividend: How Companies Fail Shareholders When Cash Comes In

It is not often that companies sell their key business segments. When they do, they have do it with shareholder permission. Often, shareholders are then disappointed by companies that prefer to retain the cash without bothering to disclose what it will be used for and why that's a better option than distributing it to shareholders. Let us take the current case of Hinduja Global Solutions Ltd. → Read More