The Nifty Bank index closed 0.93 per cent at 51259.30.
Sharda Cropchem – Can it get into indian market in a bigger way? (28-10-2024)
Excellent co. and excellent results but why does Bubna Ji not let his sons attend the call 
He literally doesn’t give any productive answers like very generic answers and half of the time doesn’t understand the question itself. Don’t get me wrong I know he is quite aged but it makes the concall almost useless. You ask about ‘A’ and he will talk about ‘B’ which he has been saying since past 2-3 calls. A little frustrating would hope he lets his sons attend the call.
Zomato – Should you order? (28-10-2024)
There is a bigger market for lazy people than Finicky people. Hence Quick Commerce has good potential. The competitors are Kirana stores and not other QCom players.
Disclosure – Among my Top 3 Exposure but added predominantly during double digits Price.
All E Technologies, making businesses ready for AI (28-10-2024)
Some quick notes from the con-call held on 20241025:
- Average billing per hour rate from India – 15$ to 18$. From USA – 28$ to 50$ (These are very broad estimations)
- Increasing focus towards RPA, Data Engineering, AI
- The LOI which was mentioned in previous quarterly call, though the discussions with that entity had moved forward where company had started carrying out due-diligence. However after a month into it, the entity went through some changes, and hence due-diligence process was stopped. It could take another 6 months before things can move forward with this entity in question.
- Meanwhile, there are some serious discussions going with another entity, though no LOI has been issued yet.
- Outside India, company is focusing more in North American markets, with some focus also in African markets. Europe is out of consideration as of now.
- The margins going ahead are expected to improve, or at the very least should be able to sustain on the current lines.
- The core management team has been working together for past 20 Years.
- Continuing to make investments to keep developing IP’s
Please feel free to add if I missed out on anything.
Stock market update: Mining stocks up as market rises (28-10-2024)
The 30-share BSE Sensex closed up 602.75 points at 80005.04
South Indian Bank (28-10-2024)
MR.MARKET KNOWS EVERYTHING, if we have conviction that it can do well just needs to be patients enough to ride
Share market update: Most active stocks in today’s market in terms of volume (28-10-2024)
The NSE Nifty index closed 158.36 points up at 24339.15