Shares of Prestige Estates dropped 5% after Morgan Stanley downgraded the stock to ‘Underweight’ citing slower pre-sales growth and reduced FY25 estimates, with a revised target price of Rs 1,510.
Posts in category All News
Annapurna Swadisht Ltd – A Swadisht FMCG investment? (27-11-2024)
Do we know if any big HNI has been invested in this company?
I found this online, not sure if we can trust it,
Chola Inv Finance stock price 1.37 per cent as Sensex (27-11-2024)
As of 30-Sep-2024, promoters held 50.09 per cent stake in the company, while FIIs held 27.18 per cent and domestic institutional investors had 14.25 per cent.
M&M top auto pick; stack up in capital goods stocks: Amnish Aggarwal (27-11-2024)
Capital goods and IT sectors are performing well in the Indian market. Mahindra & Mahindra shows strong growth in the auto sector. Experts believe market uncertainties are easing. Positive growth is expected in the coming months. Siemens and ABB are key players in the capital goods sector. IT spending is expected to increase with reduced visa concerns.
Stock market update: Mining stocks up as market falls (27-11-2024)
The 30-share BSE Sensex was down 16.62 points at 79987.44
Kotyark Industries – Only Listed pure Biodiesel Player (27-11-2024)
Thanks for that.
Rajputana biodiesel is listing at 14 PE and may have a lower base effect for a slightly better growth and optionality of getting into other related bueinesses like CBG.
Ultimately commodity bueinesses like these dont deserve higher Terminal PE, even when market expects kotyark to register 70-80% growth again in running fiscal year.?
Just sharing thoughts on valuation.
Disclosure : invested in kotyark.
Adani row: Democratic administration did ‘irreparable harm’ to Indo-US relations, says senior advocate Mahesh Jethmalani (27-11-2024)
Senior Supreme Court advocate Mahesh Jethmalani expressed concerns about the Biden administration’s impact on US-India relations. He questioned the timing of allegations against the Adani group by US agencies, linking it to the Democrats’ impending exit from power. Jethmalani believes the administration’s actions have caused significant damage to the bilateral ties despite bipartisan support for India in Congress.
UTI Asset Management Company allots 1.02 lakh equity shares (27-11-2024)
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CARE Ratings Limited (27-11-2024)
Sharing below one latest blog on CARE ratings
I hope you find it useful
Invested & Biased.
dr.vikas
Analysts give ‘Buy’ call on Siemens post stellar Q4 show; stock jumps 5% (27-11-2024)
Shares of Siemens climbed 5 per cent at Rs 7,614 a piece on the BSE in Wednesday intraday trade after reporting robust quarterly earnings in the fourth quarter of financial year 2023-24 (Q4FY24)