Lakiesha Ifarinu Williams became Mama Africa when she opened her store and community space along South Shores 71st Street corridor. Now the future of her business is in jeopardy.
Indian investors are focusing on midcap IT companies, private banks, and hard assets. Midcap IT firms are expected to grow faster due to AI adoption. Private banks are set for earnings growth after a period of consolidation. Hard assets like metals will benefit from supply constraints. These sectors offer opportunities for patient investors as the market prepares for future growth.
Indian IT stocks saw a boost after a large-cap firm upgraded its FY26 revenue guidance. However, experts remain cautious, viewing the sector as mature with limited high-growth potential. While some see IT as a quasi-cash substitute for expensive sectors like FMCG, valuations are considered stretched.
Angel One share price: On Friday, shares of Angel One soared as the company released its third-quarter earnings report, which highlighted a slight 4% year-over-year decline in net profit. Nevertheless, investor enthusiasm surged after the board announced an interim dividend of Rs 23 per share, coupled with an eye-catching 1:10 stock split.
In a surprising twist, Billionbrains Garage Ventures' stock surged on Friday despite a reported profit decline for Q3 of fiscal 2026. The notable increase in revenue, driven by market share expansion, impressed brokerages. Positive sentiments were echoed as Groww fortified its position in both stock and derivatives markets, with SIP inflows witnessing a remarkable uptick.
Aritas Vinyl's Rs 38 crore IPO is now open, but the grey market shows no premium, suggesting a flat listing. The issue, priced between Rs 40-47, aims to fund working capital and a solar project. With a significant portion reserved for retail investors, the company manufactures artificial leather for various sectors and exports globally.
