At 02:16 pm, with a market cap of Rs 95,886 crore, Waaree was trading 12% higher at Rs 3,337.70, and stood at number 100th position beating Indian Hotels.
Posts in category All News
People of Wayanad will ask me not to come there often: Priyanka Gandhi (05-11-2024)
During her by-election campaign in Wayanad, Congress candidate Priyanka Gandhi Vadra addressed concerns about her commitment to the constituency. She assured voters that she would be a consistent presence, highlighting her dedication to addressing local issues like unemployment, rising prices, and lack of a fully functional medical college.
E2E Networks Ltd – Listed small Cloud computing player (05-11-2024)
Sorry I thought this was a google review. My bad.
E2E Networks Ltd – Listed small Cloud computing player (05-11-2024)
@BuyRightSitTight I also found the management’s responses during the conference call very evasive – be it on capex plans or growth. It seemed as if they were trying to hide something.
Indices trade with significant gains; metal shares shine (05-11-2024)
At 14:30 IST, the barometer index, the S&P BSE, jumped added 651.48 points or 0.83% to 79,433.72. The Nifty 50 index advanced 208.40 points or 0.87% to 24,203.75.
E2E Networks Ltd – Listed small Cloud computing player (05-11-2024)
Interestingly enough, in the latest concall, management was not ready to give any indication about their capex plans for the next couple of years, in spite of persistent questioning by the analyst from Lucky Investments. I quote:
“So we have no upper limits in our mind with regard to how the growth block should grow. It
completely is driven by the demand. So we are able to like set up our deployment in a way that
like we are prepared for large capacity expansion.
But obviously, we keep building the capacity as the demand keeps coming in and as the
customers keep getting signed up onto our platform. So based on that velocity, we keep on
building the infrastructure. Now, obviously, there is some sense to this fundraise.”
I understand being ambitious in wanting to capture as much of the demand you can, but in business you do plan your capex, fund raising, etc couple of years in advance right? Can’t be open ended! I found this part of the call interesting and perhaps a bit strange.