Posts in category All News
Elcid Investments shares skyrocket another 20% in 4 days (04-11-2024)
Elcid’s remarkable price surge came after a special call auction session on the Bombay Stock Exchange (BSE) to determine the prices of holding companies, where Elcid shares were valued at Rs 2.25 lakh.
Syrma SGS Technology Ltd leads gainers in ‘A’ group (04-11-2024)
Gillette India Ltd, Rainbow Childrens Medicare Ltd, Shoppers Stop Ltd and Tega Industries Ltd are among the other gainers in the BSE’s ‘A’ group today, 04 November 2024.
Tata Steel Q2 preview: Steel giant may post net loss of up to Rs 153 crore (04-11-2024)
Domestic brokerages anticipate a challenging quarter for Tata Steel marked by lower steel realisations and regional pricing pressures
Indian Hotels shares 1.92% as Sensex falls (04-11-2024)
On the technical charts, the RSI of the stock stood at 47.42.
Solex Energy – Undervalued Solar PV Manufacturer or Microcap Value Trap? (04-11-2024)
Management proving latest updates and guidance in the below Investor connect:
Solex Energy Ltd. & Arihant Capital | Bharat connect conference – Rising Star September 2024
FY25 revenue guidance is 800cr, more than double from FY24. Also, the 1.5GW module line will be running on full capacity for Q4’25. By June next year, they are aiming to bring online the entire 4GW module capacity, and by mid CY26, the cell line should also begin which will be entirely captive for their own modules.
As per management, 4GW module line can translate to 4000cr of annual revenue runrate (given prices don’t fall). Their target is 9-11% margins. Cells will boost margins once available.
Disc: Invested and biased
This smallcap stock hit over 8-yr high in weak market; zooms 237% in 5 mths (04-11-2024)
The stock price of Kitex Garments is quoting higher for sixth straight days, rallied 27% during the period, as the company’s September quarter net profit nearly triple on higher demand.