C2C Advanced Systems IPO opens for anchor investors on Thursday.
Posts in category All News
How Google Spent 15 Years Concealing Its Internal Conversations (20-11-2024)
Trying to avoid antitrust suits, Google systematically told employees to destroy messages, avoid certain words and copy the lawyers as often as possible.
Breakout Stocks: How to trade Aditya Birla Sun Life AMC, Federal Bank and Coforge on Thursday (20-11-2024)
Sectorally, buying was seen in consumer durables, auto, realty, and IT stocks, while selling was observed in oil & gas, energy, and metal stocks.
Zaggle_A platform to address pain points for enterprises (20-11-2024)
Zaggle has announced its entry into a Supplier Framework Agreement with Strada India Pvt. Ltd. (Strada). Key highlights of the arrangement include:
- Scope:
- Zaggle will provide its SaaS platform, payment solutions, and card products to Strada’s corporate clients.
- Nature & Duration:
- The agreement is domestic in nature but may extend to international operations.
- It will remain effective until terminated.
- Relevance:
- This partnership aligns with Zaggle’s strategy to enhance its offerings in the corporate sector.
Great articles to read on the web (20-11-2024)
Book: “Behold the Leviathan: The Unusual Rise of Modern India” by Mr. Saurabh Mukherjea and Nandita Raj.
Though I have not read the book and do not intend to, the following points are based on a YouTube transcript:
Behold the Leviathan – The Unsual Rise of Modern India
Points:
- Nominal GDP is growing at around 10%, while corporate earnings are shrinking.
- This disconnect is attributed to the fact that much of India’s economic vibrancy isn’t captured by the top 1,000 listed companies.
- A significant portion of the growth is concentrated in approximately 70,000 smaller, unlisted companies, which are outperforming the larger, listed firms.
- Around 60,000 companies in India, with profits of ₹1 crore or more, have been growing their profits at an average rate of 15% per year, with this accelerating to nearly 25% in the post-COVID era.
- This robust profit growth, particularly among unlisted companies, indicates a vast pool of potential investment opportunities.
This appears to be a complete U-turn from Saurabh Mukherjea’s earlier view that only 15 companies generate strong cash flows.
Recently, he also purchased 7–8 small-cap stocks, suggesting he now believes mega-caps are growing slower than small-caps.
My intention is not to criticize Saurabh Mukherjea—nor should anyone do so. The purpose is to understand whether this reflects a genuine shift or is merely a passing trend.
Questions:
- Are SMEs, small caps, and unlisted small companies truly growing faster than large caps?
- If yes, what are the reasons behind this growth?
- Is this a short-term phenomenon or a sign of structural changes?
- The earlier narrative emphasized “the big getting bigger.” Is this changing, or is this just a phase, after which large caps will regain their dominance?
This is a work in progress on my side; I may update the group if I come across any notable insights.
EMS Limited – Tapping in the growth in the water management space (20-11-2024)
India faces severe water scarcity, ranking 13th globally for “extreme water stress.”
By 2030, 50% of water needs will remain unmet, highlighting a huge infrastructure gap.
The water and wastewater market is projected to grow at an 11.6% CAGR through FY29.
Capex spends are driving municipal and industrial wastewater treatment projects.
Flagship schemes like Jal Jeevan Mission, Namami Gange, and AMRUT 2.0 are driving investments in water and sanitation infrastructure.
