Posts in category All News
Voltamp Transformers (06-11-2024)
Management has informed that there are pressures in sourcing CRGO sheets while the other management such as Shilchar informed that there is no issue sourcing CRGO material. TARIL has not expressed any difficulty in sourcing the material. Voltamp has seen the depressed results in the just ended qtr while TARIL and Shilchar have given bumper results. Voltamp is getting corrected while the other are in upward trend.
Discl: Invested in all the three while pruned some qty in Voltamp and increased exposure in the other two.
India’s domestic air tariff up 43% in 5 years (06-11-2024)
India has recorded the second-highest increase in domestic airfares in the Asia-Pacific (APAC) and West Asian regions, climbing by 43 per cent in the first half of 2024 compared to pre-pandemic levels in 2019, second only to Vietnam (63 per cent). India ranks third in fare increases during the same period in international skies, behind the United Arab Emirates (UAE) and Malaysia. The airfare study conducted by Airports Council International (ACI), which represents 617 airports in this region, was done in partnership with Flare Aviation Consulting.
Swiggy IPO subscribed 12% on first day of bidding (06-11-2024)
Swiggy plans to raise Rs 4,499 crore in primary capital, while shares worth Rs 6,828 crore are being put up on offer for sale by existing investors. The company has set a price band of Rs 371-390 for the issue.
Stop the Count – US Policy impact on Indian Equities (06-11-2024)
If Donald Trump Wins: The Good, Bad & The Ugly For India & Stock Markets | Talking Point With Niraj
FII outflows will continue he says (among other things).
TeamLease Services Q2 Results: Net profit falls 10% to Rs 24.85 crore (06-11-2024)
Staffing company TeamLease Services on Wednesday reported a 10.12 per cent decline in consolidated net profit to Rs 24.85 crore for the quarter ending September 2024. The company’s net profit stood at Rs 27.65 crore during the corresponding period of the previous financial year, TeamLease Services said in a regulatory filing.
Congress workers offer milk to Rahul Gandhi’s poster as caste census begins in Telangana (06-11-2024)
Telangana began its caste census. This was an election promise by Congress leader Rahul Gandhi. The survey aims to understand the socio-economic status of various sections of society. Gandhi advocated for a caste census across India. He believes it will reveal the injustice faced by Dalits, OBCs, and Adivasis. Gandhi also stated that his party would work towards breaking the 50% reservation limit.