Halonix looks to raise Rs 600 cr for expansion

MUMBAI: Global private equity fund NewQuest Capital-owned lighting and electrical business Halonix is looking to raise Rs 500-600 crore from private equity investors and has appointed investment bank EY for the exercise. NewQuest bought the business from its peer Actis in 2016. The company is being valued at Rs 1,500 crore, said three people with … Read more Halonix looks to raise Rs 600 cr for expansion

Asian Paints, BEL, Havells, HUL, Infosys good for fresh investments

By Sacchitanand UttekarDvp – Technical (Equity), Tradebulls Securities Where we are: Indices are placed at the cusp of a make or break reversal zone as despite slipping below its key long term support average the index managed to close near its 20 bar EMA on its monthly scale. The week gone by witnessed sustained selling … Read more Asian Paints, BEL, Havells, HUL, Infosys good for fresh investments

F&O: Buying on declines, selling on rise; Nifty needs a decisive breakout

By Chandan Taparia Nifty50 failed to surpass the 11,080 level on Tuesday and remained volatile for most part of the session. It formed a bearish candle on the daily scale as selling pressure emerged at higher levels. At the same time, the decline was being bought into. The index has been consolidating between 10,900 and … Read more F&O: Buying on declines, selling on rise; Nifty needs a decisive breakout

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