Flat to positive opening seen for Nifty, Sensex (29-10-2024)
Analysts expect market to move in a sideways
GIFT Nifty hints at negative start (29-10-2024)
GIFT Nifty:
Time technoplast (29-10-2024)
It is a very smart move by company.
they have debt equity ratio of 0.3x and am sure can raise debt easily for expansion.
Who would not raise equity at such high valuation. Would any promoter dilute equity if debt is available for expansion? The only reason for doing this is high valuation – debt can always be raised later when valuations cool off.
similar companies with low debt equity but going for equity raise – Waaree, KPI Green, etc
Indigrid InvIT: High yield on stable and predictable revenues (29-10-2024)
Indigrid had a fabulous Qtr and DPU is same as Q1 2025
” Q2 FY25 distribution of INR 3.75 per unit comprising INR 3.61763 per unit in the form of Interest, INR0.11357 per unit in the form of Dividend and INR 0.01880 in the form of Other Income.
The record date for this distribution will be October 30, 2024, and payment will be made on or before November 09, 2024″
Slide 16 below, will give you what you can foresee in terms of DPU
I am most excited about the NTPC BESS project, where Indigrid is the lowest bidder
Investor presentation
https://www.bseindia.com/xml-data/corpfiling/AttachHis/47e34611-8314-464a-afce-11123cb0d413.pdf
Valuation report
https://www.bseindia.com/xml-data/corpfiling/AttachHis/e00bb6d6-74df-48c1-b21d-154683d494ec.pdf
Moderate expectations, markets to consolidate in H1 of Samvat 2081; invest in gold & silver too: Harsha Upadhyaya (29-10-2024)
Harsha Upadhyaya of Kotak AMC recommends prioritizing largecaps and long-term compounding investments over midcaps or smallcaps. With past performance unlikely to repeat, investors should moderate expectations. Earnings and valuations will be critical, and the financial sector, particularly banks, offers the most comfort. He suggests focusing on sectors like IT and staying patient with staggered investments.
IRB INVIT TRUST- new game in the town! (29-10-2024)
It is that time of the year and the the DPU is the same old 2. I wish that the management gets serious about project addition and DPU increase but during my attempts to reach them, they were coming with the same old trite phrases’
“Declared 2nd Distribution of Rs. 2 /- per Unit, for the financial year 2024-25. The distribution will
be paid as Rs. 1.20 /- per Unit as Interest, Re. 0.57 /- per unit as return of capital subject to
applicable taxes, if any and Re. 0.23 /- per unit as exempt dividend.
Please note that October 31, 2024, has been fixed as the Record Date”
Expenses seems to have dented Total comprehensive income
https://www.bseindia.com/xml-data/corpfiling/AttachLive/11d48142-0a88-4434-a286-c34de82a9852.pdf
Here is the latest valuation report (for what it is worth !!)
https://www.bseindia.com/xml-data/corpfiling/AttachLive/b993c356-3f97-489c-bcaa-681ddb82fa80.pdf
Disc…invested and cringing
Maruti Suzuki Q2 Preview: Revenue may jump up to Rs 37,811 crore YoY (29-10-2024)
In September 2024, Maruti Suzuki reported total sales of 184,727 units, comprising 148,061 units in domestic sales, 8,938 units sold to other OEMs, and 27,728 units in exports
Here’s why Sudip Bandyopadhyay is bullish on L&T (29-10-2024)
Fundamentally, we do not see any problem. The only challenge here is the valuation and over a period of time, we believe the company will do so well that the valuation now will look absolutely reasonable in the future.