They mostly mostly fund their commission of new solar plants through debt. But their interest coverage ratio has been increasing from 2.59(FY22) to 4 (FY23) .So debt will not be a issue here as long as they are able to serve the interest.
Posts in category Value Pickr
Goodluck India Ltd (04-10-2023)
How the money will be utilised, The company explained here, in the latest Press release.
KPI Green- Turning Sunshine Into Cashflows (04-10-2023)
Yes me too.
I also wanted to understand another listed company of same promoter Kp energy.
What is synergy between 2 …
Goodluck India Ltd (04-10-2023)
Hello Ashok
Thanks for correction. I checked the transcript and it seems the target was long-term debt free and working capital debt would be there. People like you add value to the community (Thanks again)
Bulk Deal:
Sageone Investments (CIO Samit Vartak) bought 2lakh shares today at 617rs per share.
Info from @LearningEleven on twitter (Sorry info not yet appearing on NSE or BSE website)
Great articles to read on the web (04-10-2023)
Technology has boosted the productivity of sectors like manufacturing and agriculture, driving down the relative price of their outputs, like TVs and food, and raising average wages. Yet TVs and food are not good substitutes for labor-intensive services like healthcare and education. Such services have remained important, just like constructing buildings, but have proven hard to make more efficient. So their relative prices have grown, taking up a larger share of our income and weighing on growth. Acemoglu, Autor, and Patterson confirm using historical US economic data that uneven innovation across sectors has indeed slowed down aggregate productivity growth.[3]
SmallCap Hunter : Trying to find the dark horses with triggers (04-10-2023)
On the railways front, EDFC is now complete last week. WDFC will also get commissioned by next year. These are both extremely high volume traffic needs lines. All these will require wagons and wheels and elccy equipment. Once it proves itself in terms of revenue run rate, the North South and regional Freight corridor plans will be evaluated for biz risk and need .
that is another round of froth and upswing waiting.
Mishtann Foods Ltd – A possible SHORT opportunity or FRAUD? (04-10-2023)
Mauritius companies are all FII. Some of these FIIs are invested in another companies as well.
I’ve taken small position in the company considering high Rice prices and Promoters putting own captial at same valuation.
Strides Pharma Science (04-10-2023)
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