GIFT Nifty:
Maharashtra cashew board plans to expand area under the crop, promote organic farming (01-11-2024)
Plans promoting the State’s produce as unique brand, says director Patil
Jobs Data Come as the Fed Stares Down a Complex Moment (01-11-2024)
Growth has been resilient, but inflation is cooling. The combination makes it hard to guess how much policymakers will lower rates.
Swiggy IPO high-reward bet on the future of food tech: Analyst (01-11-2024)
The proceeds will support Swiggy’s strategic initiatives, including dark store expansion, Instamart’s quick commerce operations, technology infrastructure upgrades, and brand promotion efforts
Burger King ~ Whopper of an Opportunity (01-11-2024)
I have just started to acquire the stocks
Avg price atm is 94 with 5% allocation to the portfolio.
Can add more n take it to 10% if the price fall further more.
Find the company to be at reasonable valuation compared to its peers.
At multi-year highs: These 3 stocks witness 5-year swing high breakout (01-11-2024)
In the Nifty500 pack, we have collated a list of three stocks that witnessed a 5-year swing high at the close on October 31, suggesting bullishness in counters, according to stockedge.com’s technical scan data.
If goal is to strip itself of last vestiges of neutrality, it is doing remarkable job: Cong slams EC (01-11-2024)
The Congress criticized the Election Commission for dismissing allegations of irregularities in the Haryana assembly polls, claiming the EC’s response was condescending and warning of potential legal action if such language continued. The Congress had complained of issues in 20 constituencies, urging good faith examinations of their concerns.
If goal is to strip itself of last vestiges of neutrality, it is doing remarkable job: Cong slams EC (01-11-2024)
The Congress criticized the Election Commission for dismissing allegations of irregularities in the Haryana assembly polls, claiming the EC’s response was condescending and warning of potential legal action if such language continued. The Congress had complained of issues in 20 constituencies, urging good faith examinations of their concerns.
Hariom Pipes Ltd: A Capex Play! (01-11-2024)
35,000 shares amounts to 2.0 crores.
Promoters increased stake by +0.11%
It is said that insiders can sell stake for many reasons, but there is only one reason for buying.
H1FY25 revenue is 657 crores. During Q2FY25 earnings call, mgmt shared guidance to get to 1,600 crore revenue in FY25.
This implies guidance of 943 crores revenue in H2FY25.
Company has done 611 crores in H2FY24 and hence promoter buying from open market could mean that they have good confidence in achieving this 50%+ revenue growth in H2?