Samie Modak, Ishita Ayan Dutt

Stories by Samie Modak, Ishita Ayan Dutt

Smallcap Funds Play Safe, Limit Bets Beyond Top 1,000 Stocks

Smallcap Funds Play Safe, Limit Bets Beyond Top 1,000 Stocks

Rediff.com   1 days ago

Companies in the lower mcap deciles have recorded the fastest growth in median mcap.

Steel prices hiked again amid rising exports

Steel prices hiked again amid rising exports

Rediff.com   19 Jan 2026

The imposition of safeguard duty, an uptick in exports, and an increase in input cost are driving steel prices higher. The latest round of price increase took place on Friday, with some steel mills increasing hot-rolled coil (HRC) prices by ~500-750 a tonne, according to price reporting and market intelligence firm BigMint. HRC is a benchmark for flat steel.

Darjeeling tea output may have hit a new low in 2025

Darjeeling tea output may have hit a new low in 2025

Rediff.com   12 Jan 2026

The famed Darjeeling tea may have slip to a new production low in 2025, as changing weather patterns, a shortage of pluckers and mounting economic stress weigh on the region's gardens.

IPO Market Shows No Sign Of Slowing

IPO Market Shows No Sign Of Slowing

Rediff.com   2 Jan 2026

'The first time India has seen two consecutive blockbuster IPO years.'

Bombay HC Flags Misuse Of Petitions To Sabotage IPOs

Bombay HC Flags Misuse Of Petitions To Sabotage IPOs

Rediff.com   26 Dec 2025

While not all complaints are frivolous, experts say petitions timed close to an IPO or listing often raise concerns about mala fide intent.

Sebi Overhauls MF Framework, Stockbroking Rules

Sebi Overhauls MF Framework, Stockbroking Rules

Rediff.com   18 Dec 2025

The Securities and Exchange Board of India (Sebi) on Wednesday overhauled the cost framework for the 80 trillion domestic mutual fund (MF) industry, introducing a simplified structure aimed at improving transparency for investors while balancing the impact on asset managers.

'Large Part Of Capital Needs To Be Met Via GIFT City'

'Large Part Of Capital Needs To Be Met Via GIFT City'

Rediff.com   8 Dec 2025

'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'

Small and midcap multiples bubble, but PEG keeps lid on

Small and midcap multiples bubble, but PEG keeps lid on

Rediff.com   25 Nov 2025

Despite trailing the benchmark Nifty 50, small and midcap (SMID) stocks appear pricey on a 12-month forward price-to-earnings (P/E) basis. The Nifty trades at roughly 21x forward earnings, compared with around 28x for both the Nifty Smallcap 100 and Nifty Midcap 100 indices.

Buoyant demand has failed to push steel prices

Buoyant demand has failed to push steel prices

Rediff.com   21 Nov 2025

The Indian steel industry is faced with a paradox: Rising demand and falling prices. Demand continues to surge as user industries gather pace, with the World Steel Association projecting around 9 per cent annual growth for India over 2025 and 2026, the year domestic demand is projected to be almost 75 million tonnes (mt) higher than in 2020.

IPO Secondary Sales Soar Toward Rs 1 Trn

IPO Secondary Sales Soar Toward Rs 1 Trn

Rediff.com   20 Nov 2025

Market experts say India's IPO ecosystem has matured to support both primary and secondary issuance, rendering the mix less consequential.

India least favoured among emerging-market investors

India least favoured among emerging-market investors

Rediff.com   19 Nov 2025

Just over a year ago, India was investors' top pick among EMs. Its slide down the rankings follows $30 billion (over 2.5 trillion) of foreign selling over the past 12-13 months.

Tata Steel profit surges nearly 4x

Tata Steel profit surges nearly 4x

Rediff.com   13 Nov 2025

Tata Steel on Wednesday reported a 272 per cent year-on-year (Y-o-Y) jump in consolidated net profit, attributable to owners, at Rs 3,101.75 crore in the second quarter of 2025-26 (Q2FY26) led by higher sales volumes in India and planned cost takeouts across geographies.

Groww shares jump 30% on market debut, valuation crosses $8.9 billion

Groww shares jump 30% on market debut, valuation crosses $8.9 billion

Rediff.com   13 Nov 2025

Shares of Billionbrains Garage Ventures, the parent of online broking platform Groww, soared nearly 30 per cent on their market debut on Wednesday, defying the recent trend of muted listings. The stock opened at Rs 112 and hit a high of Rs 134.4 before settling at Rs 128.85 on the NSE - a gain of 28.85 per cent over its issue price of Rs 100.

At Rs 506 trillion, derivatives turnover hit 12-month high in October

At Rs 506 trillion, derivatives turnover hit 12-month high in October

Rediff.com   13 Nov 2025

The average daily turnover (ADTV) in the derivatives market rose to a 12-month high in October, touching 506 trillion - up nearly 46 per cent since June - as volatility picked up and concerns over further regulatory tightening eased. Derivatives activity had slumped earlier this year after the Securities and Exchange Board of India (Sebi) capped weekly expiries to two days and discontinued weekly contracts on non-benchmark indices.

'Some IPOs Underperformed Due To...'

'Some IPOs Underperformed Due To...'

Rediff.com   6 Nov 2025

'...aggressive pricing amid volatility, but these are exceptions.'

600 Crore IPO Fees Light Up Diwali For I-Bankers

600 Crore IPO Fees Light Up Diwali For I-Bankers

Rediff.com   24 Oct 2025

With several $500 million-plus deals in the pipeline -- including ICICI Prudential AMC, Lenskart, PhonePe, Groww, PhysicsWallah, Meesho, Pine Labs, and Zepto -- investment bankers look poised for another year of hefty bonuses in 2025.

'Sovereignty in foundational industries is critical for countries'

'Sovereignty in foundational industries is critical for countries'

Rediff.com   22 Oct 2025

'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'

LG India is the most valuable consumer durable company

LG India is the most valuable consumer durable company

Rediff.com   15 Oct 2025

LG Electronics India made a dazzling market debut on Tuesday, ending 48 per cent higher than its issue price and surpassing its South Korean parent in market value.

IPO Wave Hits 3 Decade Peak With 200 Filings

IPO Wave Hits 3 Decade Peak With 200 Filings

Rediff.com   13 Oct 2025

This marks the strongest DRHP filing tally since 1996, when 428 firms sought to enter India's equity markets.

LG India signals 'future-ready' push with Rs 11.6K cr IPO

LG India signals 'future-ready' push with Rs 11.6K cr IPO

Rediff.com   2 Oct 2025

For LG Electronics India, the Rs 11,607 crore initial public offering (IPO) is not just a fundraising exercise. The company's senior executives describe it as a step towards becoming "future-ready", showcasing financial strength while preparing for the next phase of growth in a market they see as still underpenetrated.