Posts in category All News
Havells India shares 1.91% as Sensex falls (04-11-2024)
On the technical charts, the RSI of the stock stood at 19.72.
Steel Strips slips 4% after releasing Oct sales nos; Check details (04-11-2024)
As per the company filing, Steel Strips Wheels monthly net turnover for October stood at Rs 370.05 crore as compared to Rs 395.67 crore a year ago which implies to a decline of 6.48 per cent Y-o-Y
Jindal Drilling – Beneficiary of a sustained offshore upcycle? (04-11-2024)
Very good post @nirvana_laha
- Given that this is a rental business of sorts, what has caused the extreme volatility in earnings over the last decade? Ex of covid, margins have varied -40% to +38%.
I would have assumed a more gradual change in margins as old contracts run-off and new ones come with market pricing prevalent.
In this context, in what scenarios can we see margins collapsing? (given that pricing is fixed for 2-3 years)
- How should one think of economics of rigs if one had to put up fresh capex? if I spend $100mn in putting up a rig, what kind of ROIC/IRR should I build in and how? @Deepesh_Punetha has touched up on it, but would be good to double click.
- What is your sense of the use of the large cashflows? Will they return or are there relevant reinvestment opportunities?
Azad Engineering secures $83 million contract with Mitsubishi Heavy Industries, shares rise (04-11-2024)
Five-year contract focuses on supplying highly engineered and complex rotating and stationary airfoils for advanced gas and thermal power turbine engines
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (04-11-2024)
Was trying to convey same point … does producing only ethanol gives them some comparative advantage , as it will be expected having more favourable position compared to sugar ???
Manufacturing sector regains growth momentum in Oct (04-11-2024)
India’s manufacturing sector growth recovered from September’s eight-month low to 57.5 in October fuelled by faster increases in total new orders and international sales, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose from September’s eight-month low of 56.5 to 57.5 in October, indicating a substantial and accelerated improvement in operating conditions.
Adani Power shares 1.28% as Sensex falls (04-11-2024)
The stock quoted a 52-week high of Rs 896.75 and a 52-week low of Rs 365.55.