It was a decent quarter as it was expected, good improvement in ARPOB, occupancy in jhansi is ramping up that’s a good sign. Also the unfreezing of nearly half of the amount by IT department also is a good news, also 244cr of cash though around 160cr would be released for Delhi accusation is still decent for the quarters to come, debtors days down to around 122days TTM. Let’s see how will be the Management’s commentary tomorrow but I still dont think we can get close to 1000cr this FY, 500-600cr in 2 quarters that too Q3 being a weak quarter doesn’t look achievable!!
I still don’t understand the fund raising though let’s hope to get a good explanation tomorrow.
Posts in category All News
Yatharth Hospital & Trauma Care Services Limited (07-11-2024)
Shakti Pumps – solar shakti (power)! (07-11-2024)
Process flow:
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Nodal agency (or appropriate state agency) opens the online portal for farmers to place their request.
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Farmers selects the brand of pump and submits the request online along with their portion payment
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Nodal agency closes the online portal after they receive enough orders from the farmers. Sometimes max limit is 20k-50k pump and varies according to the requirement of the implemetation.
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Nodal agency forwards order to the brands selected by the farmer. Rest of the flow you can read from below which is shared by the management
Hope this clarifies.
Virtuoso Optoelectronics Ltd – A promising micro Cap (07-11-2024)
Blue Star: Decent Q2 Earnings Recorded, Eye On Co’s Vision 2030 Report? | Vir S Advani | ET Now
AC management came out and said Q2 Q3 are important quarter as summers are longer and we do see customers using ACs in north india too in this season.
Trent Q2 Results: Standalone profit rises 46% to Rs 423 crore (07-11-2024)
Trent Ltd, a Tata Group company, reported strong financial results for the second quarter of FY25. The company’s revenue grew by 39% year-on-year. Net profit also increased by 46.18% during the same period. Trent Ltd expanded its store network, adding 43 new stores in Q2 FY25. The company now operates over 800 large-format fashion stores across 184 cities.
Shakti Pumps – solar shakti (power)! (07-11-2024)
Ok, now if the farmer is making the choice of the pump, then how exactly are they getting this orderbook of orders from govt agencies?
Or, should be consider the orders to be notional and that only if the farmer agrees to acquiring the pump from Shakti Pumps, will the orderbook translate into revenues?
Mahindra & Mahindra Q2 Results: Standalone net profit up 13% to Rs 3,841 crore on strong SUV sales (07-11-2024)
Mahindra & Mahindra Ltd. exceeded profit forecasts, reporting a 13% rise in standalone net profit, fueled by robust sales of SUVs, pickups, and commercial vehicles. The company also revised its full-year tractor market guidance upward, citing positive agricultural trends.
CCL Products (07-11-2024)
got a good bump yesterday, market probably expecting red sea crisis will resolve and bring down the logistics challenges that CCL has been facing