RPG LIFESCIENCES – Change in Governance and Performance (19-07-2024)
Nice thread since 2015
I took a fresh entry last week before the run up.
While going through the past discussions in this forum, I have noticed the frequent management changes, and quality problems with certain products.
Anyone else knows if the issue stills persists with the company, as whoever the management, no business is investable if the products are not reliables
Strong cash basis, no debt, and strongest reserves, and ideal Accounting profit to OCF are my conviction points.
Kishore Biyani’s nephew Vivek launches retail chain (19-07-2024)
Vivek Biyani, the nephew of retail veteran Kishore Biyani, will launch a retail chain focused on direct-to-consumer (D2C) brands under the name Broadway, along with actor Rana Daggubati, Apurva Salarpuria of Salarpuria Group and Anuj Kejriwal of Anarock Retail. This new retail format is a multi-brand outlet, which will house D2C brands under one roof. The first store is set to open in Delhi in August this year, and subsequent store launches in Hyderabad and Mumbai are slated in September 2024 and March next year, the company said in its release.
Nguyen Phu Trong, Powerful Vietnamese Leader, Is Dead at 80 (19-07-2024)
Known for his “blazing furnace” anticorruption campaign, Mr. Trong consolidated power in one of the world’s few remaining Communist dictatorships.
Neither organisation, nor govt, welfare of people most important: Akhilesh Yadav’s dig at BJP (19-07-2024)
Akhilesh Yadav criticized the BJP, highlighting a rift between Deputy CM Maurya and CM Adityanath. Yadav labeled the BJP as power-oriented and accused the party of corruption and manipulating elections. He pointed to administrative distress, RSS's influence, and the controversial Kanwar Yatra order. Yadav emphasized the Samajwadi Party's commitment to caste census and social justice.
4,010 (19-07-2024)
The total hours Amtrak trains were delayed in fiscal year 2023
RIL Q1 Scorecard: 5 key takeaways for investors (19-07-2024)
Reliance's net profit for the quarter was Rs 15,138 crore, falling 5% year-on-year and missing estimates, primarily due to weak refining margins, fuel cracks, and higher depreciation costs. However, revenue from operations grew by 12% YoY, driven by higher oil and product prices and strong volume growth in the oil and gas segment.
Reliance net profit drops 5% in Q1 on weak O2C biz (19-07-2024)
Reliance Industries Ltd, India's most valuable company, on Friday reported a 5 per cent drop in its June quarter net profit as lower fuel cracks and petrochemical margins outdid gains in telecom and retail businesses. The oil-to-retail-to-telecom conglomerate's consolidated net profit was at Rs 15,138 crore, or Rs 22.37 per share, in April-June -- the first quarter of the current 2023-24 fiscal year -- compared to Rs 16,011 crore, or Rs 23.66 a share, earnings a year back, according to a company's statement.
Rising F&O trade becomes macro issue now, household savings going into speculation: Sebi chief (19-07-2024)
A research carried out by the regulator had found that investors lose in 9 out of 10 trades in the F&O segment. Starting from a level where it insisted on disclosing risks, Sebi has been proactively trying to dissuade investors from the segment lately.