Cartrade Tech IPO Trading - Decent Demand but It Remains Expensive
CarTrade Tech raised around US$400m in its India IPO. The company is backed by Warburg Pincus and Temasek. It is an online portal for sale of cars...
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Devyani IPO Trading - Strongest of the Lot
Devyani International Limited (DIL), Yum Brand’s largest franchisor in India, raised around US$250m via its Indian IPO. In this note we will talk...
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Sensex Dec 2021 Index Rebalance Preview: Wipro Could Be IN, Pushing Bajaj Auto OUT
Half way through the review period for the Sensex, we expect Wipro replaces Bajaj Auto at the December rebalance. Both stocks trade cheaper than...
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Cartrade Tech IPO - Too Expensive for Our Taste
CarTrade Tech aims to raise around US$400m in its India IPO, via a 100% secondary selldown. The company is backed by Warburg Pincus and Temasek.
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India Channel Insight | IT Services, Real Estate
Our interactions suggest challenging times ahead for IT Services and multiple sectoral dynamics at play in residential real estate.
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