Posts in category All News
Hathras stampede: Rahul Gandhi writes to UP CM Yogi Adityanath; seeks increase in compensation for families of victims (07-07-2024)
Congress govt in K’taka “unnecessarily quarrelling” with Centre: Union Minister Kumaraswamy (07-07-2024)
Hindenburg shared Adani report with client two months before publishing it: SEBI (07-07-2024)
Bajaj Healthcare – API and FDF Manufacturer (07-07-2024)
Hi Folks, anyone tracking the company?
It is raising huge fund raise of 140crs (on marketcap of 900crs) and some prominent investors are expected to participate. Such big fund raise on such small marketcap is a significant event
They are going to reduce debt significantly, discontinue loss making operations, and have hired an industry veteran with deep knowledge and conencts as CTO. They have signed CDMO agreements in Feb’24.
Guiding for 620crs revenues and 21-22% EBITDA margins in FY25. With debt reduction, interest costs will cone down significantly and improve PAT margins.
FMCG makers expect single-digit revenue growth, margin improvements in April-June quarter (07-07-2024)
Cineline India – Picture abhi baaki hai (07-07-2024)
Back and forth between hotels, same with exhibition screens, heavey pledging, related party transactions, several things make it feel discomfort. The only brightspot is Exhibition screens opening at fast pace and their operating metric looking good (if you trust the reported nos).