Prime Minister Narendra Modi encouraged Maharashtra and Jharkhand residents to vote enthusiastically in Wednesday’s elections. He specifically urged women, young voters, and first-time voters to participate, emphasizing their importance in shaping the states’ futures. Maharashtra held elections for all 288 assembly seats, while Jharkhand conducted voting for 38 of its 81 constituencies in the final phase.
Posts in category All News
Is MCX closed for Maharashtra Assembly elections today? (20-11-2024)
The Multi Commodity Exchange of India (MCX) will be closed for morning trading on November 20, 2024, due to the Maharashtra Assembly Elections. However, the evening session will proceed as usual. Indian stock exchanges, NSE and BSE, will also remain closed. This closure is in line with the 16 trading holidays announced by MCX for 2024.
IDFC First Bank Limited (20-11-2024)
Low risk event = bankruptcy of fusion.
Since the media has already highlighted the news that one of the audit firms has raised questions on the viability of the fusion as a going concern
The article mentioned above says idfc first is among top 5 lenders to fusion with exposure more than 500 crores. We dont know the exact quantum Of exposure
Stock market holiday: BSE, NSE shut for trading on account of Maharashtra polls (20-11-2024)
Indian stock exchanges closed on Monday for Maharashtra Assembly Election 2024, marking the 14th trading holiday this year. Benchmark indices Sensex and Nifty50 ended flat on Tuesday, with Nifty falling close to 10% from its September high. Foreign portfolio investors continued their selling spree in November.
Kovai Medical Center and Hospital – Health and Wealth (20-11-2024)
Good one @suru27 bhai.
I do not agree with this specific Risk though.
Increase in insurance penetration: A higher-than-expected increase in insurance penetration would affect the margins of the hospital as a whole.
Increase in insurance penetration would be beneficial for all types of organized hospital chains. The Chairman has insisted on the virtures of a cheap medical insurance on several ocassions. Even the latest Annual Report talks about it.
Advait Infratech: A detailed analysis (19-11-2024)
Talk about timing! Who knew Mr.Shalin and team is active on Valuepickr 
. Very happy with the update
GUJARAT GAS Improving outlook on volumes (19-11-2024)
Since the merger ratio was announced at 10 of GGL for 13 of GSPL, GSPL should trade at approximately 350 if we consider GGL CMP of 450, so there is a slight discount on that front (GSPL CMP 325). So, now GSPL will basically mimic GGL with slight differences. Meanwhile, GGL is facing issues like all gas distribution companies with reduction in APM allocation and price of new well gas (priced at 12% of Indian crude basket) being at 20% premium to APM so this needs to be passed onto customers which can hurt volumes. All gas distribution companies like IGL, Adani Total Gas and Gujarat Gas have corrected quite a bit in past few weeks. Also, shareholders of GGL are exposed to GSPC indirectly till the time merger concludes so that is also a risk and outcome of appeal by GSPL against the tariff reduction by PNGRB will be significant.
Salzer Electronics (19-11-2024)
We can know about the guidance compliance by the Q4 end, key thing here is winning smart meter orders worth of atleast 300-400 Cr by Q4. This can give confidence in achieving 700 Cr or Revenue in Smart meters in FY26
Salzer Electronics (19-11-2024)
FY25-20-22% growth with some improvement in margins.
FY26- expected 2300 Cr revenue, 1600 Cr from existing business and 700 Cr from smart meters.
EV chargers business issue will be solved by Dec’24 end, expecting significant revenue from FY27 with exisiting capacity of 100 Chargers/ Month at an Avg cost of 8-10 lacs. Capacity may ramp up in FY26