Posts in category All News
US-based funds pulling out money from India at fastest pace since Jan 2022: report (12-11-2024)
Over the last five weeks, a total of $575 million have been pulled out of India-dedicated funds, Elara Capital said. Out of the $575 million, a total of $360 million was redeemed from largecap funds, while $215 million was withdrawn from mid-cap funds.
Rategain – Fast Growing SaaS Leader (12-11-2024)
I am following the stock.
Stock correction in price due to these reasons
1.Loss of business with one Major client
2.Decrease in revenue growth projection for H2FY25 from 20%to 10-12%.
3.Normalisation of travel trend after COVID boom
4.Monitoring agency CRISIL objection about QIP .
And correction is mainly due to valuation.
However management is known for conservative in nature.
Management guided that it won a big deal but can not disclose as deal is not signed yet .
It will work towards increasing revenue
I totally like the leadership under Mr Bhanu
I hold the stock… and may be biased.
European shares fall as market assesses Trump risks (12-11-2024)
Basic resources dipped 1.5% as most metal prices fell, while personal and household goods, which houses heavyweight China-exposed luxury firms, dropped 1.3%.
Macpower CNC Machines: Manufacturing a Strong Growth? (12-11-2024)
Good set of numbers…
Cashflow trend is not so good.
Hyundai India Q2 Results: Cons PAT falls 16% YoY to Rs 1,375 crore, revenue down 7% (12-11-2024)
Hyundai India Q2 Results: Revenue from operations in the reporting period, too, fell 7% year-on-year (YoY) to Rs 17,260 crore. The stock is trading 2.50% lower. The company reported an EBITDA of Rs 2,205 crore in Q2, a 10% drop from Rs 2,440 crore in the same quarter last year. Margins also decreased by 30 basis points year-over-year, reaching 12.8% for the period. Hyundai India cited weak market sentiment and geopolitical factors as reasons for the decline in PAT.