Shriram Properties’ shares jumped 6.8% as the company signed a Joint Development Agreement for 6 acres of prime land in Pune. The planned mixed-use development will feature 650+ apartments and retail spaces, targeting a launch in H2-FY25, with potential revenue of Rs 700-750 crores.
Arman Financial Services Ltd (30-10-2024)
MFI is a cyclical business. I think it is prudent to accumulate when the cycle is negative. This specially applies to a ultra-conservative lender like Arman.
[Unless we are a very intuitive investor and can enter right when the cycle is turning. Even in that case I don’t believe I’ll be able to go lumpsum. So it might be better to build positions over this nagative cycle]
Disc : Invested and added positions in the last month.
Share price of Cummins India as Sensex drops 224.29 points (30-10-2024)
A total of 2,773 shares changed hands on the counter till 10:35AM (IST)
66,92,535% jump! If trees don’t grow to the sky then how did Elcid shares defy gravity (30-10-2024)
Elcid Investments, a small-cap stock, experienced an unprecedented 66,92,535% surge in a single trading day, making it India’s most highly priced stock. This surge followed a SEBI-directed special price discovery session aimed at fair value assessment, leading to significant price corrections and highlighting Elcid’s understated book value.
Kotyark Industries – Only Listed pure Biodiesel Player (30-10-2024)
H1 Results :- https://nsearchives.nseindia.com/corporate/KOTYARK_29102024163750_Reg30.pdf
Revenue 197 Cr vs 144 Cr (+ 96% QoQ) vs 127 Cr (+ 96% YoY)
EBITDA 36 Cr vs 24.5 Cr (+ 48% QoQ) vs 20 Cr (+ 81% YoY)
PAT 17.8 Cr vs 11.4 Cr (+ 56% QoQ) vs 10.8 Cr (+ 65% YoY)
EPS 17.36 Cr vs 11.56 (+ 50% QoQ) vs 11.19 (+ 55% YoY)
Stock market update: Fertilisers stocks up as market falls (30-10-2024)
The 30-share BSE Sensex was down 271.22 points at 80097.81
Deepak Fertilizers hits record high after Q2 PAT soars to Rs 214 cr (30-10-2024)
Deepak Fertilizers & Petrochemicals Corporation rallied 4.47% to Rs 1288.85 after the company’s consolidated surged 237.38% to Rs 214.07 crore on 13.31% increase in revenue from operations to Rs 2,746.72 crore in Q2 FY25 over Q2 FY24.
Kaynes Technology gains 7% after Q2FY25 results; PAT up 86%, rev up 59% (30-10-2024)
Kaynes Technology India’s total income increased 63.7 per cent to Rs 605.66 crore in the quarter under review as compared to Rs 369.8 crore
Benchmarks trade with minor cuts; consumer durables stocks slide (30-10-2024)
At 10:30 ST, the barometer index, the S&P BSE Sensex, was down 261.48 points or 0.31% to 80,112.70. The Nifty 50 index lost 60.90 points or 0.25% to 24,405.95.
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (30-10-2024)
they can but alcohol requires higher purity levels.
Triveni has already launched whiskey brands. But selling IMFL is a branding game not manufacturing… they will have to spend a lot to build these brands.