Rs 10,200 crore food bill! Zomato most bought stock of mutual funds in Q3
THE ECONOMIC TIMES
Fri, Jan 17, 2025 | 11:48 AM IST

ET Investment Opportunities

Rs 10,200 crore food bill! Zomato most bought stock of mutual funds in Q3

Mutual funds invested Rs 10,200 crore in Zomato shares in Q3, making it the most bought stock. Mutual fund holdings increased to 16.42%, while foreign investors reduced their stake. Jefferies downgraded Zomato amid rising competition. Despite this, Blinkit expects significant growth, but competitive pressure from players like Amazon may impact profitability.

2 liquor stocks may rally up to 19% on Q3 results, 3 other factors

Brokerages suggest that liquor stocks, particularly United Spirits and Radico Khaitan, may see an upside potential of up to 19% due to strong Q3 earnings forecasts, a softer base effect, beneficial regulatory changes in Andhra Pradesh, and a rise in demand for premium products. The Q3 earnings bring liquor counter under the spotlight. They fall under the consumer discretionary segment and could outperform the staples.

10 Indian stocks aligned with Warren Buffett's value investing philosophy

Warren Buffett, the CEO of Berkshire Hathaway and one of the most successful investors of all time, is renowned for his value investing strategy. A student of Benjamin Graham, Buffett emphasizes not only value investing but also the quality of management and growth prospects of a company. Based on Buffett's philosophy, MarketSmith has developed a custom screen highlighting companies with strong past and potential future growth.

Here are 10 Indian stocks that match Warren Buffett’s idea of value investing, as listed on MarketSmith:

Hyundai Motor, Tata Technologies among 7 stocks on which brokerages initiated coverage, see up to 98% upside

Several global and domestic brokerage firms have initiated coverage on various stocks, expressing bullish sentiment on companies such as Swiggy, Hyundai Motor, Tata Technologies, GMM Pfaudler, and JSW Energy, with a potential upside of up to 98%. Here’s a list of seven stocks on which brokerages have initiated coverage:

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Top Mutual Funds
SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%)
ICICI Prudential BHARAT 22 FOF Direct - Growth -8.24 -11.87 10.97 29.34
Nippon India Large Cap Fund Direct-Growth -6.24 -4.00 14.04 18.17
Quant Focused Fund Direct-Growth -5.66 -9.73 7.50 15.61
ICICI Prudential Bluechip Fund Direct-Growth -5.82 -4.32 13.14 14.82
JM Large Cap Fund Direct Plan-Growth -8.17 -9.55 10.12 13.65
2 sectors Aditya Arora is bullish on for near term

I guess one should participate in this bounce back because as I said largecaps are giving good signs right now and if that plays out, then the upside levels which I am watching out for are 23,350 to 23,600.

Zomato and Paytm emerge as strong picks, but market volatility looms: Rahul Sharma

​We have key results coming up today, tomorrow, and Monday we have the swearing in of the US president as well, so big ticket events lined up. The best thing to do is either be a day trader in such kind of a market or focus on hedged positions which is do not take anything without creating an offsetting position using options.

Best arbitrage mutual funds to invest in January 2025

Arbitrage funds are taxed like equity mutual funds. This means they qualify for long term capital gains tax of 12.5% if investments are held for more than a year. If investments are for less than a year, short term capital gains tax of 20% will be applicable.

Metal sector Q3FY25 earnings to be a mixed bag. Vedanta, Coal India among 8 top brokerage buys

Metal stocks are under focus as Q3FY25 earnings approach, with brokerages recommending select picks. Non-ferrous companies like NALCO, NMDC, and Hindalco are favored for strong margins. Steel companies, including JSPL and Tata Steel, face mixed profitability outlooks. Nomura expects price hikes and lower costs to aid non-ferrous companies, while steel faces pressure from lower prices.

PMS Tracker: Top 7 funds gave at least 5% return in December

Seven smallcap and multicap PMS funds delivered over 5% returns in December 2024, led by Equitree Capital’s Emerging Opportunities fund with 7.2%. However, several star-managed schemes, including Marcellus and Abakkus funds, posted losses.

Pre-budget rally in PSUs, defence & railway stocks a damp squib in last 6 budgets. Where to spot opportunities?

PSUs, defense, and railway stocks have shown mostly negative returns in the fortnight before the budget over the last six years. PSU stocks performed poorly in five out of six budgets, while railway and defense stocks have also been lackluster, except during the 2024 interim budget.

Initial Public Offer (IPOs)
IPO Name Offer Price Band Open Date Close Date
 
EMA Partners India Ltd. 117.00 - 124.00 17-01-2025 21-01-2025
Stallion India Fluorochemicals Ltd. 85.00 - 90.00 16-01-2025 20-01-2025
Landmark Immigration Consultants Ltd. 70.00 - 72.00 16-01-2025 20-01-2025
Rikhav Securities Ltd. 82.00 - 86.00 15-01-2025 17-01-2025
Kabra Jewels Ltd. 121.00 - 128.00 15-01-2025 17-01-2025
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Real Estate News
Zomato Hyperpure leases over 2.5 lakh sq ft warehouse in Palava near Mumbai Zomato Hyperpure leases over 2.5 lakh sq ft warehouse in Palava near Mumbai
Zomato Hyperpure has leased a 253,000 sq ft warehousing facility at Lodha Industrial and Logistics Park in Palava, Mumbai. The five-year lease starts on February 15 with a monthly rental of Rs 85.3 lakh. This strategic move enhances Zomato Hyperpure's supply chain operations, ensuring efficient distribution of quality ingredients to restaurants in the region.
Embassy group looks to raise Rs 1,600 cr debt Embassy group looks to raise Rs 1,600 cr debt
Embassy Group plans to raise Rs 1,600 crore through zero-coupon bonds to fund new projects, refinance debt, and acquire a 5% stake in WeWork India. The debt, raised via its subsidiary Serenesummit Realty, will be secured by pledging shares of WeWork India and other assets. The bond, with a three-year tenure, could offer a 16% IRR, linked to WeWork India's upcoming IPO.
Sale of luxury homes, priced Rs 4 cr and above, rises 53% in 2024; NCR leads: CBRE Sale of luxury homes, priced Rs 4 cr and above, rises 53% in 2024; NCR leads: CBRE
Luxury homes priced at Rs 4 crore and above saw a 53% increase in sales to 19,700 units across seven major cities in 2024, driven by robust end-user demand and growing interest from NRIs. Delhi-NCR led with 10,500 units, followed by significant sales in Mumbai and other cities.
No challenger to NARCL in take over bid for Jaiprakash Associates No challenger to NARCL in take over bid for Jaiprakash Associates
NARCL has emerged as the sole bidder for Jaiprakash Associates Ltd after no competing bids were received by the deadline. The government-backed bad loan aggregator's offer of Rs 12,000 crore is now the only one on the table.
Land deals rise in 2024 to over 2,200 acres, mainly for housing, warehousing projects: CBRE Land deals rise in 2024 to over 2,200 acres, mainly for housing, warehousing projects: CBRE
In 2024, the Indian real estate sector saw a rise in land deals, with transactions surpassing 2,200 acres, driven by developers' expansion plans. Major cities like Delhi-NCR, Bengaluru, and Mumbai accounted for most of these deals, with significant investments in residential projects, industrial parks, and data centers.
NFO - Non FMPs
Fund Name Category Type Open Close Min Inv
 
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