Great insights curious and good to see the CAGR of your portfolio…

I am finding Indmoney complicated in terms of depositing money…Which platform you use for trading in US stocks …

Wanted to understand views of all who are tracking this story in terms of oversupply that may come because of the capex that many other companies are doing?

1. Llyods doing capex for pellets and HR coils (long products) and GPIL is also doing similar capex. Moreover the quantum of capex for Lloyds is quite high as compared to GPIL. Also if we look in terms of the quality of iron ore, premium to be paid to gov. etc Llyods is pretty similar to GPIL (I know it trades at twice EV/EBITDA multiple as that of GPIL).

2. Shyam metalics is also expanding (though they are getting into low value products like pig iron, DI pipes, colour coated sheets, Steel wires). Some of these products like Steel wires are something GPIL is currently producing so there could be some competition in existing products.

3. Sarda is also expanding its capacities for pellets and other steel products like wires.

4. Last but not the least, all these players be it Lloyds, Shyam or Sarda , everyone is talking about integrated nature of business and everyone is also setting up power plants for captive consumption.

So the question is, if everyone is expanding their capacities, is there enough demand to absorb this new supply coming? Exports could be additional avenue but Gov. policies could spoil the game here.

Disc: Invested.

HDFC Bank receives RBI approval to sell stake in HDFC Credila

Here are my impressions of watching Ayalaan (on Sunnxt OTT platform). This is not a review of the movie. Just my observations of PhantomFX’s work:

• The company got predominant placing during the titles.
• There is no doubt the company did good work, with the leavage that this is done on a budget which is a fraction of Hollywood movie budget.
• The interaction between real and CG characters were near flawless.
• Though the expressions of CG character were good in most scenes especially critical scenes, at times there were blank expressions. Thankfully, these didn’t matter for the overall experience.
• Good planning with the director was visible for the execution of some difficult scenes.
• At times, the creativity of the work was commendable. I particularly liked wall graffiti graphics.
• The CG character’s lip movement for the dialogues was a critical aspect. This was reasonably good in most scenes.

It is clear that the team must have gained a lot of experience and confidence through this movie. It was a financially and strategically right decision to become co-producer in order to be able to have this released.

By the way, the movie overall is pretty average. The lovable tattoo character and the effort went into special effects make this watchable. Good collections at the box office is due to sheer lack of cinema content with the local flavor for children.

Disclosure: Not invested. Tracking.

Why to go the longer route of green hydrogen generating electricity when you can directly get electricity from renewable source?

Because all form of energy conversion will have losses within the process. Please share the context.