Posts in category All News
Formula for Power in Modi’s India: Cash, Detentions and Luxe Resorts (23-11-2024)
With a tactic known as “resort politics,” Prime Minister Narendra Modi’s party has been accused of using brute force to take over Indian state governments.
Time technoplast (23-11-2024)
This is commendable technological achievement.
However, in my opinion, Linking drone market with type-3 cylinder lack any real correlation, apart from being attention-grabbing.
There’s no practical way to link Type-3 cylinders directly to the UAV and drone market growth. Even identifying who is testing Type-3 cylinders for UAVs—let alone their actual users—seems speculative at best.
It’s akin to linking washing machines with cotton production: a stretch too far!
TT ran a fine race recently, and I still like TT. Type-3 cylinders might find uses where smaller hydrogen cylinders are needed, beyond just UAVs, as the market evolves.
D-Holding.
Market has bottomed out for 2024, expect gradual recovery ahead: Sandip Sabharwal (23-11-2024)
Sandip Sabharwal believes that the positive outcome of the Maharashtra election, with the ruling party securing a larger mandate, could boost market confidence. This result suggests public approval of economic policies and potential for continued growth. Coupled with the market’s recent dip, Sabharwal suggests this could signal a bottom for 2024, paving the way for incremental market improvement.
KRN Heat Exchanger and Refrigeration Ltd (23-11-2024)
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 84 | 70 | 57 | 62 |
| Inventory Days | 33 | 63 | 114 | 139 |
| Days Payable | 129 | 120 | 102 | 59 |
| Cash Conversion Cycle | -11 | 14 | 69 | 142 |
| Working Capital Days | 12 | 29 | 72 | 169 |
| ROCE % | 42% | 67% | 42% |
Cash Conversion Cycle and Working Capital Days are very high, any thoughts on same?
Also, stock has run up a lot and PE seems to be frothy.
Election Results 2024: How Rs 50 per day helped the Shinde-Fadnavis-Ajit sena win Maha ‘game of thrones’? (23-11-2024)
The BJP-led Mahayuti alliance achieved a landslide victory in Maharashtra’s Assembly elections, significantly outperforming the Maha Vikas Aghadi (MVA). Welfare schemes like the Ladki Bahen Yojana played a crucial role in securing women’s votes, mirroring BJP’s Madhya Pradesh strategy. Chief Minister Eknath Shinde hailed the victory as “unparalleled in history,” crediting development-driven governance. The election also saw rival parties vowing enhanced welfare promises, signalling the growing importance of women voters in shaping electoral outcomes.
National Fertilizers plans to launch of nano liquid urea production (23-11-2024)
National Fertilizers (NFL) a government-owned enterprise announced that it will begin manufacturing nano urea at its Nangal plant.
How daily Neti and yoga shape the leadership approach of LIC Mutual Fund AMC’s MD & CEO (23-11-2024)
Ravi Kumar Jha, MD & CEO of LIC Mutual Fund AMC, exemplifies the synergy between wellness and leadership.
Samhi Hotels – Turnaround with Tailwinds (23-11-2024)
Correct and whatever overhang is there, should be fine by April 2025 . All the lock ins are going to expire in March 2025.
If the company is going to add inventory, show strong revpar growth, improve their margin, the share price shall follow the growth. It’s just matter of time when this happens, just requires some patience here.
Noteworthy to mention, the demand is going to outpace the supply for next many years (at least for the next 4 years). The tailwinds and the hospitality cycle is here to stay for a significant number of years. Being capital incentive business and a significant lead time in construction to revenue generation is itself a strong moat. You can really count the number of hotel Operators (asset owners) on your fingertips and here Samhi is the 2nd largest and the cheapest (mcap side).
If you know several giant international hotel brands are aggressively buying lands in India because the same reason. They will only start adding to the inventory post 2030.
Disc: invested