The long awaited approval for 1 Ton EV has been received from ARAI . Commercial production is likely to start immediately . One may be able to witness the sales of these EV in Q1 results. However the actual effect will only be visible when the demand will rise , after acceptance in the market. One can expect a substantial contribution of EV segment in the Q3 results , by which the production etc will stabilise.
Posts in category Value Pickr
Karan’s small/micro cap portfolio (30-05-2024)
Hi Karan, How do you read Q4 result of Mazda. Would love to hear investment thesis if you still hold it? Thanks.
Karan’s small/micro cap portfolio (30-05-2024)
Hi Karan, How do you read Q4 result of Mazda. Would love to hear investment thesis if you still hold it? Thanks.
How to register with SEBI as a Research Analyst? (30-05-2024)
I am confused, which RA exam are you referring to? The NISM one?
How to register with SEBI as a Research Analyst? (30-05-2024)
I am confused, which RA exam are you referring to? The NISM one?
AVG logistics stocks (30-05-2024)
Q4FY24 results- Very good results.
Press release
AVG Logistics Achieves 283% PAT Growth in FY24
FY24 Highlights:
Company had over 467 owned vehicles in FY23 and by FY24, this increased to 574, with an addition of 107 vehicles.
The Company expands its rail network with the addition of 3 new routes, bringing the total to 8rail
routes by FY24.
The company’s debt reduced from ₹112.74 Cr to ₹88.88 Cr in FY24, reflecting effective debt
management and improved financial health.
Company has declared the dividend to its shareholders consecutively for this year also at a rate of 12% on face value as compared to 10% in previous year.
Commenting on performance, Mr. Sanjay Gupta Managing Director & CEO, said,
With substantial year-on-year growth in revenue, EBITDA, and PAT, AVG Logistics is reaffirming its
commitment to excellence.
The award of the significant Indian Railways contract is a testament to our strategic long-termvision. Recent acquisition of a fleet of high-quality cold chain vehicles further amplifies our capabilities and demonstrates our dedication to providing top-notch services to our customers.
AVG logistics stocks (30-05-2024)
Q4FY24 results- Very good results.
Press release
AVG Logistics Achieves 283% PAT Growth in FY24
FY24 Highlights:
Company had over 467 owned vehicles in FY23 and by FY24, this increased to 574, with an addition of 107 vehicles.
The Company expands its rail network with the addition of 3 new routes, bringing the total to 8rail
routes by FY24.
The company’s debt reduced from ₹112.74 Cr to ₹88.88 Cr in FY24, reflecting effective debt
management and improved financial health.
Company has declared the dividend to its shareholders consecutively for this year also at a rate of 12% on face value as compared to 10% in previous year.
Commenting on performance, Mr. Sanjay Gupta Managing Director & CEO, said,
With substantial year-on-year growth in revenue, EBITDA, and PAT, AVG Logistics is reaffirming its
commitment to excellence.
The award of the significant Indian Railways contract is a testament to our strategic long-termvision. Recent acquisition of a fleet of high-quality cold chain vehicles further amplifies our capabilities and demonstrates our dedication to providing top-notch services to our customers.
Jagran prakashan (30-05-2024)
Frankly in my opinion days of publishing industry is getting over. Rationally think how many newspapers u purchase at your home daily ? All people are glued to their mobiles and read news their . So impact of newspaper going down, my dad was senior in news paper industry and I have observed this industry very closely. So for long term this industry won’t give spectacular returns
Jagran prakashan (30-05-2024)
Frankly in my opinion days of publishing industry is getting over. Rationally think how many newspapers u purchase at your home daily ? All people are glued to their mobiles and read news their . So impact of newspaper going down, my dad was senior in news paper industry and I have observed this industry very closely. So for long term this industry won’t give spectacular returns
TGV SRAAC erstwhile Sree Rayalseema Alkali (30-05-2024)
Posted very bad results , loss in this quarter also. Avoid caustic sauda sector till price don’t go up substantially. It can drift to 40 area .
Disc , not invested tracking