Insurtech firm Turtlemint Fintech Solutions Ltd is set to file its updated draft papers with markets regulator Sebi in the next two weeks as it prepares to launch its Rs 2,000-crore initial public offering (IPO) anywhere between March and April, people familiar with the development said on Tuesday.
Cement prices saw a slight dip last quarter, but robust demand and increasing volumes offer strong sector support. Despite short-term price volatility due to capacity additions and cost pressures, the medium-term outlook is positive. Price hikes are emerging in March, especially in non-trade segments, signaling a volume-driven cycle.
NALCO shares hit a record high after gaining 12% in four sessions, supported by a sharp rise in global aluminium prices and tightening supply conditions. Strong demand from construction, renewables and EV sectors, along with the companys improving earnings and expansion plans, further boosted investor sentiment.
Rekha Jhunjhunwala has likely exited Canara Bank after her stake fell below 1% in Q3, ending a highly profitable multiyear investment. The move follows a sharp rally in the stock, which gained nearly 60% over the past year amid improving asset quality, strong credit growth and renewed investor interest in PSU banks.
Radhika Gupta cautions investors against choosing mutual funds based on one-year returns, urging a shift towards rolling return analysis for better long-term decision-making.
