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Multibaggers | Value picks | Fundamental Analysis.

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🚨Happiest Minds has introduced SecureLine360, a comprehensive Managed Detection & Response (MDR) service, enhanced by generative AI capabilities. This new offering focuses on providing advanced security solutions for businesses.

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#RossariBiotech's subsidiary has established a new unit in JAFZA, with an investment of AED 100,000, aimed at expanding its presence in export markets.

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Tata Technologies and BMW Group have formed a joint venture, BMW TechWorks India, to develop automotive software domestically for global markets.

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#Allied Digital secures a contract worth over ₹430 crore for the Pune Safe City project.

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#ITC : The NCLT has approved the demerger of ITC's hotel division, subject to the fulfillment of certain conditions. Following the demerger, ITC shareholders will own 60% of the newly established company, while ITC will retain a 40% stake.

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#NYKAA

- Consolidated net revenue experienced growth in the mid-twenties.
- Beauty segment: Net revenue and net sales value (NSV) grew in the mid-twenties, with gross margin growth even higher.
- Strong performance observed across the entire retail business.
- Fashion segment: Net sales value (NSV) growth recorded in the early teens.

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The price band limits have been revised as follows:

- Increased from 10% to 20%: Garden Reach Shipbuilders, IIFL Securities, NIIT, Ola Electric, Ramco Systems, Suven Life, and Tasty Bite Eatables.

- Increased from 5% to 10%: Akum Drugs, MTNL, Max India, Suzlon Energy, and Thomas Cook.

- Reduced from 10% to 5%: Reliance Infra.

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India's Forex Reserves Cross USD 700 Billion Mark!

India now holds the 4th largest forex reserves in the world, surpassing the significant milestone of USD 700 billion.

Here’s the ranking of the top 4 countries by forex reserves:

1. China: USD 3.3 trillion
2. Japan: USD 1.1 trillion
3. Switzerland: USD 800 billion
4. India: USD 700 billion

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Shakti Pumps has announced the approval of a 5:1 bonus issue

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People who say stock is falling already , how to buy at this level ? 🙄

Nobody knows what is top or bottom , hence go for reasonable price considering business fundamentals.

If the fundamentals are good , stock is just on sale in corrections . 🙆‍♂️

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#AdaniGroup is reportedly in discussions to acquire the Indian operations of Heidelberg Cement, with the deal potentially valued at around $1.2 billion (approximately ₹10,000 crore). Ambuja Cements is expected to lead the acquisition process.

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Titan's jewellery business grew nearly 25% year-on-year, boosted by higher demand after the gold duty cut. Non-solitaire studded segment saw strong double-digit growth, while the solitaire segment declined due to pricing and supply issues. Watches and Wearables rose 19%, EyeCare grew 6%, and Taneira's revenue increased by 11%.

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Relying on average economic trends overlooks the tsunamis that can wash away fortunes. Don't invest for the calm seas but for the waves that can overturn your boat.

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#CGPower has made its entry into semiconductor design by acquiring the Radio Frequency Components business from Renesas in a deal valued at $36 million.

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An investor who only plans for typical market dips might get swept away in a financial crisis. It's not enough to weather the usual storms; you must be anchored firmly against the cyclones.

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#CeinsysTech Wins Large Order Worth ₹332 Cr.

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#PatanjaliFoods Limited has received approval from India's Competition Commission (CCI) to acquire the Home and Personal Care division of Patanjali Ayurved Ltd.

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#IRFC to provide financing up to ₹700 crore through a finance lease for 20 BOBR rakes, acquired under the Ministry of Railways' General-Purpose Wagon Investment Scheme.

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Investing is about seeing opportunities where others see obstacles and having the courage to act on them.

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🚨 POKARNA UPDATE: TEMPORARY PRODUCTION LINE SHUTDOWN

- Pokarna has announced a temporary shutdown of a production line at its Pokarna Engineered unit.
- The supplier has requested additional time to finalize the installation and integration of new equipment.
- Production is tentatively expected to resume operations around October 11.

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📌Toll collections over the past five years:

Under Dr. Manmohan Singh's tenure: ₹24,000 crore

Under Nitin Gadkari's tenure: ₹1,99,000 crore

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#OLA : The Central Consumer Protection Authority (CCPA) has issued a showcause notice to Ola Electric, giving them 15 days to respond to over 10,000 complaints filed on the National Consumer Helpline regarding service issues, potentially leading to a class action.

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A portfolio that's strong in ordinary times may crumble during a crash. In investing, survival isn't about enduring the norm but withstanding the extremes that can shake everything to its core.

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CG Power has acquired the radio frequency components business from Renesas, marking its entry into semiconductor design. A company executive noted that a significant number of semiconductor designers globally are Indian. Through this acquisition, CG Power aims to enhance India's presence in the high-growth and high-profitability semiconductor design and development sector.

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#IEX reported a total volume of 11,370 MU in September 2024, a 24% increase year-over-year, while the Green Market saw an impressive 214% growth in the same period.

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🚨Full Sale Proceeds Now Available for Immediate Trading

Effective today, traders will have 100% of the sale proceeds available for trading right after selling their shares, replacing the earlier rule where only 80% was credited on the same day.

Previously, traders had access to 80% of the proceeds immediately, while 20% was reserved to cover upfront margin requirements and was made available the following day.

For instance, selling 100 shares of ABC worth ₹1,00,000 would previously grant ₹80,000 for same-day trading, with ₹20,000 credited the next day. Now, the full ₹1,00,000 will be accessible immediately after the sale.

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#AntonyWaste Secures ₹908 Crore Contract with NMMC

Antony Waste Handling Cell Limited ("AWHCL") has secured a ₹908 crore contract with Navi Mumbai Municipal Corporation (NMMC) for door-to-door collection and transportation of municipal solid waste in Navi Mumbai for a 9-year period. This partnership will help improve waste management services for around 2.17 million residents, generating about 760 tonnes of waste daily.

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#PriviSpeciality and Givaudan, the world's leading fragrance company, have officially started operations at their new Greenfield facility through their joint venture.

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🚨Jio Financial and BlackRock have received SEBI's approval to establish their mutual fund venture.

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For MVP services and offers ping here @MVP_online 🥳

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