Children’s Place is one of the major clients of Kitex!
https://www.thestreet.com/retail/struggling-clothing-retailer-faces-bankruptcy-cash-crisis
Children’s Place is one of the major clients of Kitex!
https://www.thestreet.com/retail/struggling-clothing-retailer-faces-bankruptcy-cash-crisis
Have you seen time techno’s results!
Thanks! Since the 10 Yr CAGR Profit growth is higher for Hindalco, it seems something has positively impacted Nalco in just the last 10 years. Maybe some new mines won in the last 10 years with higher Alumina percentage as @N29 mentioned and as you also mentioned about energy savings which should be a big factor too.
Hindalco with Novelis and thus International Sales scores over in total sales but Nalco has the profitability edge till it has these mines running…
Btw the link has good information on mines auction in the current FY. So far 6 mines were auctioned for Bauxite and neither Nalco nor Hindalco was the winning party.
https://mines.gov.in/webportal/content/archived/details-of-successful-auction-during-the-year-4134
problem in care ratings is its market share have been eaten away by many other players ,crisil or icra is far more better picks
So retail investors are absorbing all this sell-off from people much smarter than most of us?
Fact ?
Interesting…besides the 51 % by Eris, the promoters are buying another 19 % in their personal capacity in Swiss Parenterals.
Hi @aadi_007 liquidity is an issue. For me I will hardly sell as it funds my monthly expenses. If bond prices rise drastically then I might look to sell, I can sell in small tranches for many days.
Bond MF provide good liquidity however post management expenses we hardly get 7%. My bond portfolio is designed at 10%. Bid-ask spread is very high ranging from 25 to 75bps. So if I want to sell in hurry then i might have to sell at discount of 3 to 5 rupees on 100 rs par bond. In many cases there is no liquidtity so may end up holding till maturity. So I have staggered my maturity from 1 to 17 years. I am hoping as country grows bond market deepens.
I also came upon this in some of my screeners. But it seems that the fortunes have recently improved due to russia-ukraine oil crisis. The following article may be of help:
https://www.valueresearchonline.com/stories/54039/why-oil-refineries-are-suddenly-flying-high/
PS. Not invested
PPS: my first post on valuepikr – where I’ve mostly been a lurker
@cometolearn I have no change in my view after the results. Earning story as expected shall pick up from Q2FY25. Positive – was increase of Ankleshwar capex from 190cr to 300cr. In long-term (beyond 2 to 3 years) they will also have a new electolyte solution business line.
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