Posts in category All News
Harshit Kapadia is gung-ho on capital goods & defence; betting on 5 stocks (08-07-2024)
Harshit Kapadia of Elara Securities prefers Hindustan Aeronautics, Bharat Electronics (PSU) and Data Patterns, Astra Microwave, Zen Technologies (private). Modi's Russia visit for defense ties boosts small arms and air defense. Hindustan Aeronautics tops Kapadia's list. Indigenization, order books, manufacturing, shipbuilding timelines (6-11 years), and fighter aircraft offer valuation gaps for PSU stocks.
‘Tata MF not in hurry to lift cap on small-cap investment’ (08-07-2024)
Last Tata Mutual Fund launches Nifty India Tourism Index Fund
PC Jeweller soars after PNB approves settlement (08-07-2024)
PC Jeweller soared 10% to Rs 56.19 after Punjab National Bank (PNB), one of the company's largest lenders, approved its one-time settlement proposal.
SAR Televenture announces Rs 450 crore rights issue, FPO (08-07-2024)
SAR Televenture announced a composite equity issue of Rs 450 crore through a rights issue and follow-on public offering.
Godrej Inds gains after chemicals arm inks BTA to acquire Ethoxylation Unit II (08-07-2024)
Godrej Industries rose 1.31% to Rs 904.25 after the company's chemicals business has signed a business transfer agreement (BTA) with Shree Vallabh Chemicals Unit II located at Kheda, Gujarat to acquire its Ethoxylation Unit II.
CG Power and Industrial Solutions appoints Amar Kaul as MD & CEO (08-07-2024)
Amar Kaul joins the Company on 9 July 2024 initially as Managing Director & CEO Designate and take over as the Managing Director & CEO effective 25 July 2024.
Techknowgreen Solutions – Microcap in need of the hour business (08-07-2024)
As mentioned in my writeup, we will need to wait for FY24 annual report to decipher the numbers in detail. Also, in microcap numbers might not make much sense as they would be investing for future for eg., you would see significant build-up in their fixed assets in FY24 which are towards computers, office space, etc. At this stage of micrcap you need to check on Management quality. If that is comfortable for you, you can invest and monitor their strategy and execution.
Disclosure: Invested. Please do your own due diligence.