Posts in category All News
Sanghvi Movers (19-06-2024)
I don’t understand all the fuss over margin dilution due to foray into EPC business which has lower margins than Crane rentals business. The following points should be taken into consideration.
- Margin expansion/contraction is not the only value driving factor in this case.
- Increase in ROE is possible with a lower margin business if additional Capex is not required (which is the case in EPC here).
- Rentals business has high margin but also has high depreciation, depreciation is not an element in EPC business.
- Ultimately PAT growth matters which may come from EPC without affecting the crane rentals business and without equity dilution.
Rajesh’s portfolio (19-06-2024)
aye, never looked this way. always chased value and overlooked growth and momentum. this is the reason gensol, KP and bondada are running like this. thank you once again.
Sanghvi Movers (19-06-2024)
Where was this information published that ACE is doing sort of JV with Kato?
Ahead of Market: 10 things that will decide D-Street action on Thursday (19-06-2024)
The NSE Nifty 50 and S&P BSE Sensex opened at all-time highs, rising about 0.3% each, before closing with the Nifty down 0.18% to 23,516 and the Sensex up 0.05% to 77,337. The MACD indicator signals bullish momentum for Hitachi Energy India, Axis Bank, Force India, Ingersoll-Rand India, and JITF Infralogistics.
Budget: SBI chief seeks tax relief on interest income (19-06-2024)
State Bank of India chairman Dinesh Kumar Khara has pitched for tax relief on interest income, saying it would help banks to garner savings that could be used for funding long-term infra projects. Currently, banks are required to deduct tax when interest income from deposits held in all the bank branches put together is more than Rs 40,000 in a year. With regard to savings accounts, interest earned up to Rs 10,000 is exempt from tax.
Samhi Hotels – Turnaround with Tailwinds (19-06-2024)
FY25: 4.2 and FY26: 8.5 sort of numbers
Samhi Hotels – Turnaround with Tailwinds (19-06-2024)
So what would be forward eps?