Hi Guys, Board approves proposals to raise up to Rs. 2000 crore via preferential issue/QIP/other modes. What do you think ?
Posts in category Value Pickr
Samhi Hotels – Turnaround with Tailwinds (24-02-2024)
Interesting insights about demand supply dynamic and its impact on ARR and occupancy in Lemon Tree Hotels presentation.
Indian Hotels, Lemon Tree Hotels and Samhi Hotels all are saying same thing there is limited supply coming while demand will grow steadily leading to Supply < Demand which will lead to increase in occupancy and that will lead to higher ARR.
Aurion Pro : Yet another IP product company? (24-02-2024)
Why are receivables so high. 100 day debtor days and 150 Wc days. How many product companies have this high debtor days. NO FCF from last 5 years.
I get the Trejira thing which also looks suspect. Anyone investing here needs to track the actual cash flows rather than top line numbers.
Financials do not support this kind of upmove.
HDFC Bank- we understand your world (24-02-2024)
Adobe Scan 24 Feb 2024.pdf (442.4 KB)
Old vetaran interview summary.
Geekay Wires Ltd (24-02-2024)
One more thing to be noted is always they had other brands income and assume this will continue but topline is the concern
Correct me if am wrong…
An also how about tailwind in this sector ? And how geekey will capture that?
HBL Power: Signs of change (24-02-2024)
Railways to upgrade Kavach to LTE; formal rollout likely in 12-15 months – The Hindu BusinessLine
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The Railways would soon float tenders, around May or June, to upgrade existing and upcoming installations to LTE (long term evolution) technology making the entire system 4G or 5G-enabled and operable.
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Earlier this month, the Cabinet approved reserving an additional 5MHz spectrum in the 700 MHz band for the Railways for the national rollout of Kavach, over the earlier assigned 5 MHz for the automatic train protection system.
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Right now, the Railways have an annual capacity to install 1,500 Rkm of Kavach, which will subsequently be taken up to 2,500 Rkm in FY25 and then to 5,000 Rkm in FY26 as approvals for new vendors come in.
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At least two new vendors are awaiting approvals, sources said. Existing vendors for the tech include Medha, Kernex, and HBL PowerSystems.
IndMoney and Federal Bank Savings Account (24-02-2024)
INDMoney themselves will open an account for you with Federal Bank through the app. The account is mainly used when you wish to transfer funds into the US stock trading account and back.
You place a request for fund transfer on the INDMoney app, the funds will first go into the Federal bank account and from there it will get transferred to the US account.
There is no minimum balance requirements
Orchid Pharma Ltd (23-02-2024)
Orchid Pharma’s ‘Exblifep’ receives USFDA approval: A new milestone for India’s Pharmaceutical industry
Bse notification by Orchid
Orchid Pharma’s ‘Exblifep’ receives USFDA approval: A new milestone for
India’s Pharmaceutical industry
- Orchid is the first Indian company to have invented a product approved under the
New Drug Application (NDA) process by USFDA - The European Medicines Agency granted Exblifep approval in January 2024
New Delhi, 23 February 2024: Orchid Pharma, based in Chennai, India, has received approval by the
United States Food and Drug Administration (USFDA) for its novel invention, ‘Enmetazobactam’. This
development comes in close succession to the recent recommendation for approval by the European
Medicines Agency (EMA). Enmetazobactam is the first completely invented-in-India Beta Lactamase
Inhibitor.
Orchid is the first company from India, ever to have invented a product which has received a New Drug Approval (NDA) from USFDA.
Renaissance Jewellery (23-02-2024)
Q3 FY24 concall
Price Increase of 20-25% for D2C Biz
High demand of Lab grown Diamond in US Market
96% Export Biz linked to US Inflation data.
Going to open new stores in india.
Management confidence about 20-25% cager growth.