Latest news with #Sehgal
Business Insider
a day ago
- Business
- Business Insider
UBS Keeps Their Buy Rating on Select Harvests (SHVTF)
UBS analyst Apoorv Sehgal maintained a Buy rating on Select Harvests today and set a price target of A$5.30. The company's shares closed last Wednesday at $3.35. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Sehgal is an analyst with an average return of -4.7% and a 43.66% success rate. Select Harvests has an analyst consensus of Strong Buy, with a price target consensus of $3.55, a 5.97% upside from current levels. In a report released today, Bell Potter also maintained a Buy rating on the stock with a A$5.30 price target. SHVTF market cap is currently $362.9M and has a P/E ratio of 22.45. Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SHVTF in relation to earlier this year.
Business Insider
2 days ago
- Business
- Business Insider
Positive Report for Breville Group (BVILF) from UBS
In a report released today, Apoorv Sehgal from UBS upgraded Breville Group to a Buy, with a price target of A$35.50. The company's shares closed last Monday at $20.00. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Sehgal is an analyst with an average return of -4.6% and a 43.66% success rate. Breville Group has an analyst consensus of Moderate Buy, with a price target consensus of $21.84.
Time of India
08-07-2025
- Business
- Time of India
Wi-Fi gear maker TP-Link to hire more in India, opens incubation centre
NEW DELHI: TP-Link Systems said it will expand its headcount in India in the coming quarters, and said that its new incubation centre will work on research and development (R&D) in emerging technologies. The US-headquartered Wi-Fi gear maker currently employs 300 people in India. 'We are committed to expanding our talent pool across various functions, with a particular emphasis on bolstering our global capability centre (GCC). In the upcoming quarters, we aim to significantly increase our headcount to support our business transformation, improve operational efficiency, and drive innovation,' Sanjay Sehgal , MD & CEO, TP-Link, told ETTelecom. The company will hire resources in domains such as technology, analytics, finance, and shared services, he said. 'TP-Link has been steadily increasing its investment in India as part of our long-term strategy to expand our footprint and support the country's digital growth,' he said. The California-headquartered company competes with vendors such as Cisco , HPE, Juniper Networks, D-Link, and Netgear . Earlier, Netgear chief executive Charles (CJ) Prober also said the vendor is investing to grow its R&D footprint in India, and would invest further in engineering, sales & customer support in the coming years. TP-Link has expanded its presence in Mumbai with a second office; it already has an office in Delhi. 'The opening of the new office reflects TP-Link's strong commitment to the Indian market and our long-term growth strategy in the region,' Sehgal said. The top executive said that the incubation centre, housed in the new Mumbai office, will focus on technologies such as Wi-Fi 7, the Internet of Things (IoT), smart home automation, enterprise networks , and artificial intelligence (AI)-driven network optimisation. Without divulging specific details, he said TP-Link's revenue in India last year was primarily driven by the sales of its Wi-Fi routers, surveillance products, mesh systems, and smart home devices, in the enterprise and consumer segments. 'The consumer segment still constitutes the major part of TP-Link's sales in India, but the enterprise segment is gaining traction and is expected to contribute a growing share in the coming years,' Sehgal said, adding that TP-Link is aiming to sell Wi-Fi 6 equipment, IoT solutions, and enterprise networking products in 2025 and 2026. The company's contract manufacturing partners – Pacific Cyber Technology, Optiemus , and Vivaan Electronic – domestically produce network switches, access points, surveillance cameras, Wi-Fi routers, and mesh network systems, among other solutions. 'TP-Link is fully committed to supporting India's " Make in India " initiative, and we have taken significant steps to localise manufacturing through our EMS partners to strengthen the country's technology ecosystem,' Sehgal said. According to the International Data Corporation (IDC), the enterprise wireless local area network (WLAN) market grew by 10.6% year-on-year in Q1 2025 to $2.3 billion. Cisco, HPE Aruba Networking, Ubiquiti, Huawei, and Juniper Networks, respectively, led the market.
Time of India
08-07-2025
- Business
- Time of India
Crypto price today: Bitcoin holds near $108k amid geopolitical cues; Altcoins slide up to 6%
The cryptocurrency market edged lower on Tuesday, with Bitcoin and major altcoins seeing mild declines amid a mix of geopolitical developments, macroeconomic events, and ongoing institutional interest. As of 11:42 am IST, Bitcoin was trading 0.7% lower at $108,209, while Ethereum dropped 0.67% to $2,554, according to CoinMarketCap. The global crypto market capitalisation dipped 0.9% to $3.34 trillion. Among notable altcoins, BNB, Solana, Tron, Dogecoin, Cardano, Sui, and Chainlink declined up to 3%. Hyperliquid was among the biggest losers, falling over 6% to $37.48. Despite the subdued price action, analysts said underlying sentiment remains largely bullish, supported by improving global cues and sustained institutional activity. 'Bitcoin is holding firm near $108,000 as global sentiment improves following Trump's decision to delay the tariff deadline to August 1st,' said Edul Patel, Co-founder and CEO of Mudrex. 'Bitcoin futures have regained strength, with aggregated open interest rising 7% over the past month—marking the first sustained uptick since May.' CoinSwitch's Markets Desk noted that Bitcoin had briefly touched intraday highs near $109,572 before retreating, largely due to fresh macro and geopolitical headlines. 'President Trump's new tariffs on Japan and South Korea and the delay in trade deadline from July 9 to August 1 triggered some caution in the market,' the firm said in a note. Ethereum also eased from its high of $2,585 to around $2,535, though analysts pointed to continued optimism due to staking demand and ETF exposure. Sathvik Vishwanath, Co-founder and CEO of Unocoin, highlighted that Bitcoin's technicals remain strong. 'RSI is near 55, and BTC is holding above key moving averages. Resistance lies at $109K–$110K, and if breached, we could see a rally toward $112K–$115K. On the downside, a drop below $107K may lead to a correction toward $105K.' Riya Sehgal, Research Analyst at Delta Exchange, flagged a corrective phase for Bitcoin. 'BTC is facing rejection from the supply zone between $109,680 and $110,400 and is currently under pressure below $108,484. Support lies at $107,306. A breakdown could drag prices toward $105,220.' On Ethereum, Sehgal noted support at $2,520 and resistance at $2,600. 'A break below $2,500 could push ETH to $2,320, while a recovery above $2,600 opens the path to $2,720,' she added. Despite the price consolidation, institutional investors appear to be accumulating digital assets. Spot Bitcoin ETFs saw inflows of $216.5 million as of July 7, while Ethereum ETFs attracted $62.1 million. Solana ETFs added $8.8 million. 'Semler Scientific acquired an additional 187 BTC, and Bit Digital reallocated fully into Ethereum, now holding over 100,000 ETH,' Sehgal said. 'These flows reflect continued institutional confidence despite short-term volatility.' Also Read: Crypto Gems: Top crypto assets to watch & buy in July 2025
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Business Standard
26-06-2025
- Business
- Business Standard
Bitcoin holds above $107k; analysts eye $110K breakout; altcoins mixed
Bitcoin price today, Thursday, June 26, 2025: Bitcoin (BTC) bulls have regained momentum, with the flagship cryptocurrency holding firmly above the $107,600 mark. The rebound comes on the back of a dovish tone from the US Federal Reserve and easing geopolitical tensions, both of which have improved risk sentiment across global markets. Bitcoin briefly touched an intraday high of $108,305 before retreating slightly, as profit booking emerged at higher levels. Despite the minor pullback, the broader sentiment remains positive, said the analysts. At last check, Bitcoin was trading at $107,686.26, up 1.31 per cent over the past 24 hours, with trading volumes reaching $51.76 billion, according to data from CoinMarketCap. The cryptocurrency fluctuated between $106,180.47 and $108,305.54 during the session. Bitcoin's market capitalisation stood at $2.13 trillion, reinforcing its status as the world's largest cryptocurrency by market cap. Bitcoin is currently trading nearly 3.8 per cent below its all-time high of $111,970.17, which was recorded on May 22, 2025. That said, the corporate accumulation of Bitcoin continues to rise, with Metaplanet now holding more BTC than Tesla. Bitcoin's consolidation sets up a potential breakout Bitcoin has risen, Vikram Subburaj, CEO, Giottus Crypto Platform, said, aided by a dovish US Fed tone as well as by equity markets showing strength. Open interest suggests a possible squeeze towards $110,000 before a reversal. "If a pullback ensues, key levels around $106,000 and $104,000 should offer strong support," said Subburaj. Bitcoin's recent rebound above $107,000, Riya Sehgal, research analyst, Delta Exchange, said, reflects robust market confidence, especially as it continues to hold above the key short-term holder realised price of $98,000. "This level not only serves as psychological support but also reinforces the bullish momentum building around BTC. Current consolidation near $107,400–$108,000 sets up a potential breakout toward $110,000 and $112,000," said Sehgal. With the US Dollar Index hitting a multi-year low, Sehgal believes Bitcoin is increasingly being viewed as a resilient high-growth asset in times of macroeconomic uncertainty. Ethereum and other altcoins Meanwhile, Ethereum (ETH) has posted a solid 15 per cent recovery from recent lows, currently consolidating above $2,450 and eyeing a breakout past the $2,550 resistance zone. Last check, it was trading at $2,473.06, higher by 1.53 per cent with a trading volume of $18.17 billion. Ethereum has traded in the range of $2,394.61 – $2,519.62 in the last 24 hours. Among other popular altcoins, Ripple (XRP) was trading higher by 0.33 per cent, and Binance Coin (BNB) by 0.30 per cent, while Cardano (ADA) was trading lower by 2.2 per cent, Hyperliquid (HYPE) was down 2 per cent, and Solana (SOL) was lower by 1 per cent.
