Posts in category All News
Max Healthcare shares up 0.41% as Nifty gains (03-07-2024)
A total of 10,600 shares changed hands on the counter till 11:01AM (IST).
Stock market update: Nifty Auto index advances 0.28% in an upbeat market (03-07-2024)
The Nifty Auto index was trading 0.28 per cent up at 25200.7.
Volumes spurt at Laurus Labs Ltd counter (03-07-2024)
Laurus Labs Ltd notched up volume of 2.17 lakh shares by 10:47 IST on BSE, a 5.4 fold spurt over two-week average daily volume of 40094 shares
China stocks fall on economic data; HK jumps (03-07-2024)
Market turbulence as private-sector survey highlights new order concerns, influencing Hang Seng Tech Index performance.
Screener.in: The destination for Intelligent Screening & Reporting in India (03-07-2024)
Hi, @saumil25 Thanks for your suggestion.
Why our team is conservative on adding new ratios?
Every new ratio added reduces the response time of our system. Thus, we are conservative on adding new ratios.
However, we have made a note of your requirement and will share the same with our team for consideration.
Deepak’s portfolio requesting feed back (03-07-2024)
Consolidated my portfolio allocation. In cash 5% and will deploy if market presents better (tempting) opportunities.
Instrument | Allocation |
---|---|
KOTAKBANK | 8% |
IDFC | 2% |
IDFCFIRSTB | 6% |
SGB | 6% |
INTELLECT | 5% |
PRAJIND | 5% |
PVRINOX | 4% |
PAUSHAKLTD | 4% |
SKIPPER | 4% |
HDFCBANK | 4% |
VINATIORGA | 3% |
HINDWAREAP | 3% |
3BBLACKBIO | 3% |
SYNGENE | 3% |
EIHOTEL | 3% |
RACLGEAR | 3% |
PRINCEPIPE | 2% |
AVANTIFEED | 2% |
ASIANPAINT | 2% |
UJJIVANSFB | 2% |
CARYSIL | 2% |
KNRCON | 2% |
MOLDTKPAC | 2% |
SANGHVIMOV | 2% |
NATCOPHARM | 2% |
HBLPOWER | 2% |
SUNTECK | 2% |
LAURUSLABS | 1% |
APLLTD | 1% |
SATIA | 1% |
PIIND | 1% |
AMBIKCO | 1% |
HDFCAMC | 1% |
MARICO | 1% |
AEGISLOG | 1% |
KRBL | 1% |
UNIPARTS | 1% |
DRREDDY | 1% |
DHPIND | 1% |
Thangmayil jewellers ltd (03-07-2024)
Thangamayil AR24 is worth a read.
Few Highlights-
From Chairman’s speech-
- It is heartening to note in spite of 8% gold price increase in the first 48 days of the current year ( FY 25) , I don’t see any perceptible drop in sales.
- This year Akshaya Thrithiyai resulted in retail sale of 15,728 lakhs as against 10,848 lakhs in previous year resulting in an increase by 45%
Moreover in volume terms also gold ornaments sold were at 210 kgs as against 168 kgs in the last year and registered a volume growth of 25% . This growth in volume is achieved in spite
of gold price increase by 20%. - Likely contribution from our geographical expansion upto 8 additional outlets and one major “flagship”
outlet in Chennai, may also contribute to the growth in turnover and profits, in parts of the year. - Improved volume offtake in higher gross profit product –mix items will ensure a better bottom-line
performance. - The initial capital outlay including working capital requirements in case all the 9 outlets to be opened in the current year in a phased manner, we may require up to 40,000 lakhs incrementally to be met by
(a) Undrawn eligible working capital borrowings up to 17,500 lakhs ( Float )
(b) Incremental customer advances up to 12,500 lakhs
(c) Infusion of 10,000 lakhs from system generated cash profits, as per capital allocation plan
aggregating to 40,000 lakhs as sources to meet the said expansion
plan. - At the same time per gram interest outgo reduced from 66 to 65 Moreover, the average cost of funds in aggregate for borrowings has dropped from 5.30% to 4.82% in spite of increase in interest rates upto 250bps by the banks.
- Besides, the promoters unsecured loan at 6% interest of 3,379 lakhs continues in the system.
Guidance
Last year
Increase in Float ( This is better than float as it enables sales )
Data
Compounding-