News for 'aurionpro solutions'

Aurionpro to Build AI-Ready Green Data Centre in Southern India

Aurionpro Solutions has secured a multi-year contract worth approximately Rs 350 crore to develop a large, AI-ready green data centre in southern India for a hyperscale operator.

Mid-, smallcap stocks overheated; rally an irrational exuberance: Analysts

The recent rally in small and midcap (SMID) stocks is not backed by fundamentals and is a case of irrational exuberance, analysts at Kotak Institutional Equities said in a recent report. The fundamentals of most of these companies have, in fact, worsened over the last few months, they noted. Yet, some analysts expect the bull run in these stocks to continue amid intermittent corrections.

Buy mid, small-caps selectively, say analysts

After a sharp outperformance in the mid-and small-cap segments in the first half of calendar year 2023 (H1-CY23), analysts are now turning cautious on these two market segments and suggest investors stay selective and look for valuation comfort and earnings visibility before investing. The S&P BSE Midcap index has surged 13.7 per cent in H1-CY23, and the S&P BSE Small-cap index gained 12.7 per cent during this period, data shows. The S&P BSE Sensex, in comparison, has moved up 6.4 per cent.

Banks to have cheque imaging system soon