Multibaggers | Value picks | Fundamental Analysis.
#IRCTC has updated its policy, reducing the advance booking period for train reservations from 120 days to 60 days.
Читать полностью…The Ministry of New and Renewable Energy has sanctioned three pilot projects in the steel industry, collaborating with Matrix Gas & Renewables, Simplex Castings, and other partners, with a total plant capacity of 3,200 TPD.
Читать полностью…The best investment strategy is one that aligns with your goals and gives you peace of mind.
Читать полностью…3. Dare to Be Unpopular
Unpopular assets can offer the best opportunities
Contrarian investing involves going against prevailing market sentiments. Marks suggests that assets facing short-term challenges or negative sentiment can be undervalued gems. While this approach doesn't guarantee success, it reduces the risk of overpaying and positions investors to benefit when the asset's true value is recognized by the market.
Bharti Airtel announces a deal to acquire a 26% stake in AMP Energy C&I Thirty, a company operating in the power sector, for a consideration of 78.6 million rupees.
Читать полностью…Gujarat Chief Minister Bhupendrabhai Patel unveiled a commemorative stamp marking the 25th anniversary of Mundra Port. As a key player in India's maritime industry, Mundra Port manages 11% of the nation's cargo and 33% of container traffic, playing a pivotal role in boosting the economic growth of both Gujarat and the country.
Читать полностью…#SudarshanChemical has approved a plan to raise ₹1,000 crore, with an additional 25% green shoe option included in the offering.
Читать полностью…Investing is a journey, not a destination; the path to wealth is paved with patience and persistence.
Читать полностью…🚨Lloyds Metals and Energy Limited's promoters, Thriveni Earthmovers Private Limited, have released a pledge on 6.574 lakh shares valued at Rs. 64.658 crore (Rs. 983.5 per share) through a revocation process.
Читать полностью…🚨Dolly Khanna, a well-known investor, has emerged with a 1.29% stake in 20 Microns, as reflected in the company's Q2 shareholding report.
Читать полностью…Keep Waste handling sector in radar , lot of potentials to grow . Antony moved 2X+ since a year .
Читать полностью…Reliance Jio, India's largest telecom operator with a subscriber base of 480 million, has raised concerns over the administrative allocation of spectrum to Starlink by the Telecom Regulatory Authority of India (TRAI) 🇮🇳.
Jio argues that satellite broadband spectrum should be auctioned rather than directly allocated, emphasizing that international entrants like Starlink could rival domestic LTE providers by offering competitive voice and data services.
Effective October 31, 2024, the NSE will implement a reduction in lot sizes for 125 SME stocks, aiming to enhance liquidity and investor participation.
Читать полностью…India's Direct Tax Collection Soars by 294% in a Decade
India's direct tax collections have surged by 294% over the last decade, with Maharashtra, Karnataka, Delhi, Tamil Nadu, and Gujarat contributing over 72% of the net direct taxes. The taxpayer base has more than doubled, growing from 3.45 crore in FY13 to 8.64 crore in FY23, boosting collections to ₹19.68 lakh crore in FY23. The direct tax-to-GDP ratio reached its highest level in two decades at 6.64%, reflecting improved compliance and reforms, while TDS collections contributed 27.9% of the total direct tax receipts.
#Persistent Systems introduces SASVA 2.0, setting a new standard in AI-powered software development and accelerating business innovation.
Читать полностью…#Marico has formed a new subsidiary, Cocosecrets Consumer Care LLC, based in Delaware, USA. The acquired entity is part of the FMCG and consumer products industry.
Читать полностью…For MVP services and offers ping here @MVP_online 🥳
Читать полностью…#infosys Result
Infosys reported a Q2 net profit of ₹65.1 billion, slightly higher than ₹63.7 billion in the previous quarter (QoQ) but below the market expectation of ₹67.55 billion. The company's Q2 revenue reached ₹409.9 billion, surpassing last quarter's ₹393 billion and slightly ahead of the estimate of ₹408.78 billion.
Infosys declared an interim dividend of ₹21 per share. For FY25, the company projects revenue growth in the range of 3.75%-4.50%, with an operating margin forecast between 20% and 22%.
The total contract value (TCV) of large deals for Q2 stood at $2.4 billion. Additionally, Infosys approved the acquisition of Blitz 24-893 SE for ₹11.95 million
#IRCON International has entered into a Memorandum of Understanding (MoU) with Patel Engineering to collaborate on infrastructure projects, both within India and internationally.
Читать полностью…🚨Investor Mukul Mahavir Agrawal increased his stake in Raymond Lifestyle from 1.18% to 1.31% during the second quarter.
Читать полностью…Praj Industries takes the lead in bioplastics innovation by launching India's first demonstration facility for biopolymers in Pune, focused on producing polylactic acid (PLA). This marks a significant step in the company's efforts to drive advancements in sustainable materials.
Читать полностью…#BikajiFoods International's subsidiary is set to invest ₹1.31 billion in Hazelnut Factory Food Products.
In addition, the unit will acquire a 53.02% controlling stake in the company, which operates in the food and beverage (F&B) industry.
HFCL has introduced two groundbreaking UBR solutions, targeting advanced 4G and 5G backhauling, along with energy-efficient broadband connectivity designed for rural areas.
Читать полностью…#WABAG ranks as the third-largest private water operator worldwide and stands among the top five leaders in desalination, as reported by Global Water Intelligence (UK).
Читать полностью…Antony Waste Handling Cell reported a milestone achievement in its Collection & Transportation (C&T) operations, managing approximately 0.49 million tonnes. This marks a year-over-year (YoY) growth of around 4.0%.
Читать полностью…Smart investors know that the key to success is balancing risk with reward and staying the course.
Читать полностью…#ParasDefence has secured a license under the Arms Act, enabling the company to design, develop, manufacture, assemble, and upgrade advanced naval gun systems, air defense guns, and airborne cannons for helicopters and fighter jets.
Читать полностью…🚨ADF Foods Limited: Promoter Bimal Ramesh Thakkar has released 5.3 lakh pledged shares, valued at Rs. 16.101 crore, with a per-share price of Rs. 303.8.
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