TMB Ltd – Q2FY25:
Interest Income : 1,337.41Cr ( 4.3% QoQ )
Total Income : 1,564.88Cr ( 3.3% QoQ )
PPOP : 465.20Cr ( -0.7% QoQ )
Advances : 42,156.14Cr ( 4% QoQ )
Deposits : 49,342.16Cr ( 0.3% QoQ )
BVPS : Rs. 532.38
NIM : 4.25%
GNPA : 1.37%
NNPA : 0.46%
Cost to Income : 43.51%
Tamilnad Mercantile Bank Ltd (TMB Ltd) – An undervalued pvt. sector bank? (28-10-2024)
Realty firms account for 17% of QIP money raised this year (28-10-2024)
Of the ₹75,923 crore raised via QIPs till September, realty firms raised ₹12,801 crore
Aaron Industries Ltd- The Elevator Play (28-10-2024)
Is the capex completed/completed partially?
If yes why hasn’t the cwip amount converted to fixed assets?
Swiggy aims to kick off $1.35 billion India IPO mid-next week: Report (28-10-2024)
The IPO will open for bids from Nov. 6, and the shares are expected to start trading from Nov. 13, according to the people, who asked not to be identified as the information is not public
ITC: “Will”(s) “Gold Flake” assist “Ashirwad” to win “Bingo!”? (28-10-2024)
@Investor_No_1
Thanks for seeking my view. Since my basic thesis for investment for high dividend yield, I would critically evaluate hotel business, which is not generally free cashflow generating. However, the company has created excellent brand and among Top 5 Luxury hotel player in India as per my understanding. If it truely follow “Asset Light” business model, then can generate cashflow for paying dividend. Hence, subject to relative valuation, I shall wait for 6-12 months to decide whether to continue to hold Hotel business share or exit. At this stage, it would be difficult for me to take decision.
Having said that, every investor has his/her own aspiration, profile and risk return expectation which are unique. Hence, would suggest every investor to evaluate hotel share investment as a new company being added to portfolio and follow same parameter which they follow while addiing/miniotoring porffolio Companies. There can not be standard asnwer to question. So would suggest each investor to decide on their own behalf.
Discl: ITC Limited is my largest holding. I may add/reduce/exit from the company without informing the forum. I not SEBI registerd advisor. I am not suggesting any investment decision by investor in the message. I have not traded in ITC for last 3 months.
Gold declines Rs 400 to Rs 81,100 per 10 gm; silver remains flat (28-10-2024)
Gold prices fell Rs 400 to Rs 81,100 per 10 grams in the national capital on Monday amid weak trends in the overseas markets, according to the All India Sarafa Association.
SEBI clears IPO of NTPC Green, Avanse Fin Services (28-10-2024)
Incidentally, VMS TMT has decided to withdraw its draft papers filed for fund raising via an IPO