Posts in category All News
“Not for the first time…” Asaduddin Owaisi on alleged attack at his residence (28-06-2024)
PI Industries shares fall 0.3% as Nifty drops (28-06-2024)
Concord Control Systems – An SME railway stock (28-06-2024)
Could you share the reasons why you think so?
3 stocks closed crossing above VWAP on June 27 (28-06-2024)
Concord Control Systems – An SME railway stock (28-06-2024)
(post deleted by author)
Indian Defense Sector (28-06-2024)
What can be proxy benefactors of the move by the government? Can anyone throw any light on it?
CMS Info Systems Ltd (28-06-2024)
Although the receivables are increasing YoY (almost 27% of total assets and this percentage has increased YoY), the cash conversion cycle is -401 until March 2024. This is because the payables have increased more rapidly. As a result, CFO is healthy with CFO/PAT more than 100% and CFO/EBITDA more than 73%. One thing that caught my attention is the zero promoter holding in the company (around 6% shares are held by Rajiv Kaul as a super investor). I am trying to find the reason behind the promoters selling their stake.
PS : Studying the company. Was keen on buying it but now a bit reluctant as better opportunities might exist in the market.