Posts in category All News
Optimism in MGL stock appears fully priced in (18-07-2024)
Mahanagar Gas (MGL) has just hiked prices for compressed natural gas (CNG) and domestic piped natural gas (PNG) in the Mumbai Metro Area. The distributor raised prices by Rs 1.50 per kilogramme (kg) for CNG, bringing the price up to Rs 75 per kg, including taxes. Domestic PNG prices were hiked from Rs 1 per standard cubic meter (SCM) to Rs 48 per SCM, inclusive of taxes.
Samhi Hotels – Turnaround with Tailwinds (18-07-2024)
Modelling Samhi Hotels - Complexities around the business
Highlighting some of the risks-
Accounting:
- You cannot go with directly PAT here, because there can be chance of again write offs. ( Only Ebitda is predictable )
Write-Offs:
- Samhi has history of write-offs
Business Model Risks:
- Samhi has sold of few hotels in 2023 why ?
Expansion Delay:
-. Samhi is having ongoing expansion of hotels which are not up in past 3 to 4 years ? Why it’s being delayed.
Caspia Pro Hotel , Bangalore expansion, Hyatt Regency etc…
ACIC Portfolio: ( Good or Bad )
One of the bad side is they have diluted lot of equity,and got the land bank in Navi Mumbai and that’s written off ( 70cr )
Good part - They have added 950+ keys.
Shares in Supply :
Lock-in of shares is also near March 21st 2025
Network18 Media drops after Q1 net loss widens YoY to Rs 102 cr in FY25 (18-07-2024)
Network18 Media & Investments slipped 3.23% to Rs 81 after the company's consolidated net loss widened to Rs 102.41 crore in Q1 FY25 as compared to net loss of Rs 38.73 crore recorded in Q1 FY24.
Shares of Mphasis rise as Nifty drops (18-07-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 2449.58.
Greaves Electric Mobility’s 3W PV ‘Greaves Eltra City’ now available at Rs 3.6 lakh (18-07-2024)
The Eltra City provides a segment-leading range of approximately 160 kilometres on a single charge, powered by a 10.8 kWh lithium-ion battery and 9.6 kW motor, which enables uninterrupted travel and higher profitability for drivers. Further, it is equipped with features like
14-degree gradability, 49 Nm torque, and hill hold assist for a seamless and comfortable driving experience on challenging urban and semi-urban roads. Greaves Eltra City also boasts a state-ofthe-art 6.2" digital instrument cluster with IoT capabilities to assist drivers in leveraging real-time information and navigation conveniently. Engineered with safety as a top priority, the Eltra City features a robust full metal body and comes with a 3-year warranty (which is extendable to 5 years).
Godrej Consumer stock price up 0.47 per cent as Sensex slides (18-07-2024)
As of 31-Mar-2024, promoters held 63.21 per cent stake in the company, while FIIs held 22.56 per cent and domestic institutional investors had 5.56 per cent.
Asian Paints slides as Q1 PAT drops 25% YoY to Rs 1,170 cr (18-07-2024)
Asian Paints declined 1.69% to Rs 2,924.25 after the company's consolidated net profit tumbled 24.54% to Rs 1,169.98 crore in Q1 FY25 as against Rs 1,550.37 crore reported in Q1 FY24.
Aditya Birla Money stock zooms 13%, hits 52-week post strong Q1 results (18-07-2024)
The shares of Aditya Birla Money surged up to 13.52 per cent, hitting their 52-week high at Rs 188.45 per share on the BSE in Thursday's early morning deals
Vedanta shares down 0.68% as Nifty falls (18-07-2024)
The stock quoted a 52-week high price of Rs 506.85 and low of Rs 207.85.