The following list is based on an upside estimated by the analysts, in a descending order. In the listed space, based on their data set of total aggregate sales value of Rs 49,000 crore in the last 12 months, the top 10 contributed roughly about 73% of sales and the top 5 contributed around 57%. However, India could probably become a Rs 2.25 trillion annual sales market and the listed players could be 20-25%, but there are strong unlisted entities as well, Shankarlal said. “Our view is there is a long runway for consolidation for tier-1 players (both listed and unlisted,” he said.

He’s been creating Content for a long time, but it was his fascination and zeal for the stock market that steered him in the right direction. He is eager to increase knowledge about the “power of investment” through his collaboration with Alice Blue by creating high-quality educational content for the public at large. If you want to comprehend difficult subjects in simple terms, he’s your man. In the time of declaration of dividend, the shareholder may get higher dividends as the number of shares has increased after the bonus shares are allotted. A tabular form of top bonus shares giving Indian companies in 2021 has been mentioned below, along with the record date and ex-bonus date. Gerstner is no stranger to Southeast Asia, having invested in Singapore-based gaming and e-commerce leader Sea Ltd.

Grab Holdings Inc., Southeast Asia’s most valuable startup, is going public in the US through a merger with blank-check company Altimeter Growth Corp. in what is the largest-ever deal of its kind. Hindustan Unilever reported a 10% rise in profit and an 11% growth in sales in the March quarter, saying the rural slowdown is bottoming out but price reductions to boost demand can only happen once inflation slows further. Kotak Institutional Equities felt the recent sharp correction in Zomato stock offers a buying opportunity.

Please read all scheme related documents carefully before investing. The price-earnings ratio is a company’s share price to the company’s Earnings per Share. The ratio is used for evaluating companies and to find out whether they are overvalued or undervalued.

Adani Wilmar’s Angshu Mallick on price cuts, grabbing market share & expansion plans

The Tencent Holdings Ltd.-backed company has emerged as a stock-market sensation since going public in New York in 2017. Among companies valued at $100 billion or more, the stock is the No. 1 Asian performer since the start of last year and trails only Tesla Inc. globally. The deal would make the ride-hailing and food-delivery giant the first Southeast Asian tech unicorn go public through a SPAC and give it funds to expand. Grab is trying to take advantage of a U.S.-led SPAC listing boom even though it’s showing signs of slowing amid increased scrutiny by regulators. Grab’s revenue fell 44% to $122 million in the fourth quarter, well below the average analyst estimate of $167 million, according to Refinitiv data. Its loss widened to $1.1 billion, including expenses related to Grab’s listing, versus a loss of $635 million a year earlier.

Yes, you can purchase fractional shares of Grab Holdings inc or any other US company shares in Angel One for any dollar amount. Enter your email to receive daily news and get 20% off coupon for all items. UBON HULK SP-180 wireless speakers launched at Rs. 2,499.UBON, an Indian gadget accessory and consumer electronics brand has recently launched the HULK SP-180 wireless speaker which has been priced at Rs 2,499. With 200 entries, the ‘UBON Music Festival Contest’ receives a large turnout.

The reviews and ratings prices of both Asian companies have plunged since they were listed in the US last year. Investments in securities market are subject to market risks, read all the related documents carefully before investing. ICICIdirect.com is a part of ICICI Securities and offers retail trading and investment services.

“Our results demonstrate just how much progress we’ve made navigating out of the pandemic and how the power of our platform is differentiating our business performance,” said Uber CEO Dara Khosrowshahi in the company’s earnings announcement. Uber posted a net loss of $5.9 billion in the first quarter, much of which came from its stakes in two Asian ride-hailing giants — Didi and Grab. Kindly update you email ID with us to receive contract notes / various contract notes electronically to avoid any further inconvenience. Do you have the nerves of steel or do you get insomniac over your investments?

Grab Holdings Gains After Jefferies Calls It a Buy

Grab Holdings Limited operates as superapp based on gross merchandize value in food deliveries, mobility and the e-wallets segment of financial services. The Company operates across the deliveries, mobility and digital financial services sectors in over 480 cities in eight countries in the Southeast Asia region including Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Its subsidiaries include Grab Holdings Inc., Grab Inc., A2G Holdings Inc., AA Holdings Inc., MyTeksi Sdn.

• “This trend continues and buyers don’t mind paying a little extra because their desire to avoid construction-related risks also plays a role,” Anuj Puri, chairman, Anarock, said.
• You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the GRAB quote.
• A parking structure in New York’s lower Manhattan collapsed, killing one and injuring five others.
• Uber posted $6 billion in losses in the first quarter due to its investments in Didi and Grab.
• The price-earnings ratio is a company’s share price to the company’s Earnings per Share.

With lower brokerage, you can break even your intraday trades with smaller price movements. In the long term, there’s a good chance to increase the investment as the number of shares are increasing. The number of shares increases, but the overall value of the investment remains the same. With the increase in the number of shares, the price of the shares will decrease proportionally but the total value of shares will remain unchanged.

Founded in 2012 as a regional taxi app in Malaysia, SoftBank Group-backed Grab operates a “super app”, which provides ride-hailing, food and grocery delivery, mobile banking and payments in Southeast Asia. “KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.” If you are investing from India, you can always check the valuation in the INR before investing. As someone who has used Ubon products, including power banks and chargers, for the past 5 years, I can proudly say that their products are the best in the market. I wish Ubon and his team the best of luck in their future projects.

Under pressure from SoftBank Group Corp. and other investors, the company had been negotiating a possible merger with Indonesia’s Gojek for most of 2020. But the talks ultimately collapsed around December and Gojek began talks with Tokopedia, another local internet giant. Singapore-based Grab said it had invested aggressively in improving incentives to attract drivers as ride-share demand recovered from pandemic lows. SoftBank’s shares fell to as low as 5,423 yen ($47.89) on Friday, before settling slightly higher but with losses of 23% over three weeks.

Grab slumps in US debut after record SPAC merger deal

The oldest multinational corporation in the country has been aggressively bidding for, and winning, contracts across segments, the latest being one for ₹26,000 crore from the Indian Railways. Revenue in its mobility unit, which accounted for 86% of overall sales, declined 27% in the quarter. Chief Financial Officer Peter Oey said in an interview that demand for drivers has shot up and the company was still catching up in terms of supply. As on 28th Apr 2023, the P/E ratio for Grab Holdings inc. shares is null. Yes, you can buy fractional shares of Grab Holdings inc. with Scripbox. By Geoffrey Smith Investing.com — The world’s most important stablecoin, Tether, wobbles as the rout in crypto deepens.

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Top Bonus Share Giving Indian Companies

It offers a range of services, including mobility, food, package and grocery delivery services, mobile payments, and financial services. Working toward profitability, Grab said its mobility-services business is making money in all its markets, while food delivery is in the black in five of six markets. The company said it had about 72% of Southeast Asia’s ride-hailing market, 50% of online food delivery and 23% of digital wallet payments last year.

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These are not Exchange traded products, and the Member is just acting as distributor. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. Uber posted $6 billion in losses in the first quarter due to its investments in Didi and Grab.

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Zomato trading at heavy discount to listing price: Should you grab a bite?

So, apart from trust issues, the financial flexibility is also impaired for non-tier 1 developers,” he said, adding that this trend is likely to sustain in the medium term as well. The non-tier 1 developer project execution is also at a slower pace which adds up to the costs with interest during construction. Didi’s share price on the New York Stock Exchange is down about 61.5% year-to-date on the back of Beijing’s crackdown on the country’s big tech companies. The China-based ride-hailing giant is moving to delist its stock in the US.

Grab is raising more than $4 billion from investors including BlackRock Inc., Fidelity International and T. Rowe Price Group Inc. as part of the biggest U.S. equity offering by a Southeast Asian company. “As a result, the industry has consolidated substantially with some markets seeing 60% or more of players exiting the business. The market share of those developers who could withstand the shocks to the system, access capital, and deliver quality product on time thus increased substantially,” Shankar said.

https://1investing.in/ recently created a buzz with its unique contest—UBON Music Festival—for music lovers and music creators on the occasion of World Music Day. How UBON is Vying to Capture a Major Share in the Gadget, Accessory, & Consumer Electronics Segment. UBON, headquartered in Delhi, was incorporated in 1999 with a vision to address the need for ‘Connected Consumers’ and ‘People on the go’. Get live Share Market updates and latest India News and business news on Financial Express. Cover arranged by Axis Bank for its customers under Digit Illness Group Insurance Policy .