Posts in category All News
Phantom Digital Effects Limited (19-11-2024)
Hi Shri,
That’s very helpful. Did the management guide on the net margins on H2 revenue?
Dozens of Hong Kong Pro-Democracy Leaders Sentenced in Mass Trial (19-11-2024)
The 45 defendants, including Joshua Wong, were at the forefront of the opposition movement crushed by Beijing. Many had already been in jail for years.
C2C Advanced Systems IPO zooms 100% ahead of launch; key details from RHP (19-11-2024)
As the IPO approaches, here are the key highlights from the C2C Advanced Systems’ RHP that every investor should know
Hariom Pipes Ltd: A Capex Play! (19-11-2024)
Your calculations are incorrect (you are probably getting confused between “Metric ton” and “Million ton”)
Hariom’s end product capacity is ~4,00,000 ton. Note that gross capacity is ~7,00,000 ton, but this includes intermediate products that are consumed in-house.
Assume 9 mn tons industry sales of structural steel tube (i.e. 90,00,000 tons market size), then market share of Hariom, at full utilisation,would be 4/90 = 4.4% market share
EIMCO ELECON — flag breakout (19-11-2024)
Company needs to enter into manufacturing of diverse and more complex mining machines for import substitution and also to be able to increase it’s export footprint.
They haven’t announced any capex so far. They have however increased their R&D spend from 2.8Cr to almost 6Cr.
R&D spend FY23:
R&D spend FY24:
So I would assume they haven’t been able to come up with anything tangible from their R&D efforts yet this year. Once they have made progress here they may look at capex. Also their cash seems to be 0, they may have to raise capital for any further capex depending on the quantum of it.
Their recent products, Continuous Miner and the Piling Rig seems to be a product of their collaboration with overseas companies. It’s imported technology that is being absorbed and to be adapted to Indian conditions:
Does this mean they don’t have the competency to come up with new tech on their own? And that warrants the increased R&D spend.
Volume Shocker: MFs lap up over 1 crore shares of these 10 stocks in October (19-11-2024)
ETMarkets highlights stocks with significant MF share additions in October, including Vodafone Idea, IndusInd Bank, and Suzlon Energy, all seeing price declines of over 20% and large MF investments.
At COP29, Tourism Gets Its Day. How Has It Fared With Climate Goals? (19-11-2024)
The tourism industry will be officially recognized at COP29 on Wednesday. Industry leaders signed a climate accord in 2021 to make travel more sustainable, but the results so far are meager.