Shubham, Author at ButterflyNext

Brokerage blues: Why Hemang Jani suggests weighing your options with AMCs
Hemang Jani advises investors to avoid brokerage firms like BSE due to market uncertainties and unclear growth prospects. He recommends asset management companies and wealth management firms as more stable investment options, citing strong mutual fund inflows and resilience among select financial players.
FOMC meet, FII action among 8 factors that could drive D-Street this week
Nifty ended the week down 0.7% due to IT sector selling. Key factors to watch include the upcoming FOMC meeting, US market movements, potential impact from Trump tariffs, and continued FII selling. The Nifty faces technical resistance and support levels, while the rupee's movement against the dollar and crude oil prices will also influence market […]
FPIs offload Indian stocks worth Rs 30,015 crore in first fortnight of March
Foreign Portfolio Investors (FPIs) sold ₹30,015 crore worth of Indian equities in March's first half, bringing 2024’s total FII outflows to ₹1,42,616 crore. Selling intensity is declining as valuations stabilize, while Domestic Institutional Investors (DIIs) remain net buyers.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars. Notable laggards included BMW Industries, Triveni Turbine, Orchid Pharma, and Coffee Day Enterprises.
PMS Tracker: 14 funds gain up to 5% in February, worst performers drop over 22%
Fourteen PMS funds across various strategies posted gains in February 2025, with Wave Asset’s Bloom Fund leading at 4.99%. Debt funds performed well, while ESG and smallcap funds struggled, with Green Portfolio’s Impact ESG Fund plunging 22.36%.

Super Iron Foundry IPO subscribed 1.6 times on Day 3: Check GMP, price band and other details
Super Iron Foundry's SME IPO closed with a 1.56x subscription, raising ₹68 crore. The retail portion saw 1.79x demand, while GMP suggests a 14% premium over the ₹108 issue price. Proceeds will support working capital and debt repayment.
Paradeep Parivahan IPO opens on March 17, price band set at Rs 93-98 per share
Paradeep Parivahan’s IPO opens on March 17, targeting Rs 44.86 crore. Shares will be listed on the BSE SME platform with a price band of Rs 93–98. Proceeds will fund working capital and corporate expenses. The issue closes on March 19.
Ather Energy set to file updated IPO prospectus
The Hero MotoCorp-backed company will seek to raise ₹3,700-4,000 crore through the public issue, the people said. This would mark the first IPO since the ₹859 crore public issue of Quality Power Equipments on February 18.
Super Iron Foundry IPO subscribed 45% on Day 2: Check GMP, price band and other details
Super Iron Foundry’s SME IPO saw a 45% subscription on Day 2, with strong retail interest at 84%. The IPO, priced at ₹108 per share, has a ₹15 grey market premium, signaling a 14% listing gain potential.
PDP Shipping IPO fully subscribed on Day 3: Check GMP, price band and other details
PDP Shipping IPO: PDP Shipping & Projects’ SME IPO closed with a 1.01x subscription, with retail investors bidding 1.88x. The company aims to raise Rs 13 crore, but grey market demand remains muted. Funds will support working capital and corporate purposes.