Posts in category All News
Amazon Invests $4 Billion in Anthropic, Deepening Its A.I. Ties (22-11-2024)
Since last September, the tech giant has pumped $8 billion into the artificial intelligence start-up, a sign of intense competition in developing tools that are reshaping the tech sector.
Thanksgiving Travel Tips: How to Survive Flights and Car Rentals (22-11-2024)
The busiest travel period of the year can be daunting, but we’ve got tips to help minimize the stress, at the airport and on the road.
Markets bounce back sharply on bargain hunting; Sensex rises 1,961 points (22-11-2024)
Benchmarks register third-best day of this year
Calcom Vision – Say yes to LED (22-11-2024)
Yes you are correct. LED Price erosion is an issue since past 5 quarters for Calcom and whole segment. It has made waiting longer for sales number to show meaningful growth. As far as there is good volume growth and investments in backward integration bearing fruits (Better EBITDA%), i would like to wait patiently.
Also, new initiatives like PLI Scheme Investments and New Product Announcement are good enough for me to hang on longer. I have hawk eye on “Cash Flows” as there has been too much of capital raise and good amount is blocked in receivables and Working Capital.
Regards,
Mukul Jain
Invested and Biased
Forex reserves plunge $17.76 bn to $657.89 bn (22-11-2024)
India’s forex reserves dropped by $17.76 billion to $657.89 billion for the week ended November 15, the RBI said on Friday. In the previous reporting week ended November 8, the overall reserves dropped by $6.48 billion to $675.65 billion.
Why Trump Allies Say Immigration Hurts American Workers (22-11-2024)
JD Vance and others on the “new right” say limiting immigration will raise wages and give jobs to sidelined Americans. Many studies suggest otherwise.
KPI Green- Turning Sunshine Into Cashflows (22-11-2024)
Bull market valuation PE and bear market PE are not same, utility companies don’t command this kind of valuations, not talking for KPI only but whole sector. Lets see how things transform in future.
Broker’s call: PSP Projects (Hold) (22-11-2024)
Axis Securities
Ujjivan Financial – Small Finance Bank (22-11-2024)
I agree, Good times and good price don’t come together.
but Small Finance banks are cyclical in nature if any unforeseen event happens like natural calamity, etc… the banks has no other option than writing off the asset. I believe what ever they have written off for this quarter and going to write off for the next one or tow quarters. it is already discounted in the price and have sufficiently provisions for it.
the company’s topline has been growing consistently every year, there has been no Year they have posted a loss.
positives in my opinion,
→ Good Management.
→ might get universal banking license in the coming year.
->Long-term growth is intact.
Disc :- invested from the recent lower levels.