Posts in category All News
SG Mart- Can it successfully create a marketplace? (12-11-2024)
Curious: since stock took some beating after the result, what would be the ideal price to avg/enter into this?
I think they might miss the yearly target margin due to heavy beating in Q2. Margins are already razor thin.
Disc: invested.
Gold, silver extend losses amid sluggish demand, weak global cues (12-11-2024)
Gold, silver prices continued to extend losses for the second straight day in the national capital on Tuesday owing to a sluggish demand from jewellers and weak global cues, according to the All India Sarafa Association.
Top 5 stocks with rising promoter pledge ratios (12-11-2024)
“Promoter Increasing Pledge” refers to promoters pledging more shares for loans. In the Nifty500, the top 5 stocks with increased promoter pledge in Q3 2024 may indicate financial stress, raising concerns about potential risks if share prices fall.
Macfos Limited- A niche E-commerce Company (12-11-2024)
Hello,
Would anyone who was able to attend concall be kind enough to summarise it pls
Key qn i had was receivable and business direction/guidance etc…
What Dabur stock fall may mean for long-term investors (12-11-2024)
Dabur’s performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year-on-year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory. Indian revenue declined 7.6 per cent, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms.
SG Mart- Can it successfully create a marketplace? (12-11-2024)
SG mart as well as APL has struggled this qtr with lowering steel prices. Biggest concern that I see here is maintaining margins and the additional discounts they like to give.
On the call the management explained, 0.8% ebitda, incase of no inventory loss would’ve been 1.7%. In falling pricing environment they still resorted to discounted pricing.
SG mart is still new its good the business model is being tested early during volatile pricing environment and they can work the problems out.
I don’t doubt volume capability but I believe they should fiercely defend their target margin.
Disclosure: invested with keen watch on its discounting + margin trend
Tech View: Nifty’s short-term trend remains weak, key support at 23,500. How to trade tomorrow (12-11-2024)
Nifty’s short-term trend remains weak, with a potential drop below 23,800 likely to target the next support level around 23,500 (the 200-day EMA) in the near term. Immediate resistance is positioned at 24,050, according to Nagaraj Shetti of HDFC Securities.
Factory output up 3.1% in September (12-11-2024)
India’s industrial production expanded by 3.1 per cent in September, mainly due to improvement in the manufacturing sector, according to official data released on Tuesday. The factory output, measured in terms of the Index of Industrial Production (IIP), witnessed a growth of 6.4 per cent in September 2023.