Posts in category All News
SOBHA’s ~190msf of land reserve is valued at ₹90b, assuming 25-75 years of monetization (22-11-2024)
SOBHA’s ~190msf of land reserve is valued at ₹90b, assuming 25-75 years of monetization. The Co trades at 8.5x FY25E EV/EBITDA (based on FY25E pre-sales), which is at a 15-30% discount to its comparable peers (PEPL, GPL, MLDL & Sunteck). TP ₹2213 (+44%)
SOBHA’s ~190msf of land reserve is valued at ₹90b, assuming 25-75 years of monetization
Demand for Indian cotton emerges as prices drop to ₹53,000 a candy (22-11-2024)
Rates stabilise as demand from spinning mills increases, despite lower crop and lack of demand from mills
Sebi bats for independence of clearing corporations from stock exchanges (22-11-2024)
Proposes measures to diversify ownership, other reforms
US stocks open muted ahead of business activity data; geopolitical tensions in focus (22-11-2024)
Wall Street’s main indexes had a subdued start on Friday as investors awaited a business activity survey and monitored geopolitical tensions between Ukraine and Russia.
Zomato to become part of BSE Sensex, replacing JSW Steel from December 23 (22-11-2024)
Zomato’s inclusion in the 30-stock index marks a significant milestone for the company, which has seen an impressive rally over the past year
Praj Industries (22-11-2024)
This was already know information. Why do a release midway and give this 3x guidance, one month post the results?
And what an over reaction in the stock. Is it possible that they plan to do a QIP soon?
Delhi court stays defamation case against CM Atishi (22-11-2024)
A Delhi court has temporarily halted the defamation case against Chief Minister Atishi. The case, initiated by BJP leader Praveen Shankar Kapoor, stemmed from allegations made by Atishi concerning attempts to poach AAP MLAs. The court has scheduled further proceedings for December 2, 2024.