IDFC First Bank Limited (26-10-2024)
Very poor results by IDFCFIRST. I think it will behave like Indus Ind Bank next week
Dixon Technologies (26-10-2024)
had a steep 7.5% drop, post the results. At TTM EPS of 120, PE of 110 isn’t cheap…
At some point, it was a 15% cut…
40k cr guidance
PS – invested
TCC Concept Ltd.- An Unexplored Data Center Play (26-10-2024)
This doesn’t seem correct as mgmt clarified in the AGM that it will cost around 60-70cr /mw.
Another thing that mgmt clarified that when the talk abt 5mw DC, around 3mw of data will be up for rental and utilization. So we have to adjust our overall calculation for 100mw operational capacity in 3 years to approx 60mw utilization potential.
5mw Datacenter revenues will start from Q4.
Revenue x datacenter this year should be around 100crs.
Modi government systematically throttling MGNREGA: Jairam Ramesh (26-10-2024)
Jairam Ramesh criticizes the Modi government for reducing budget allocations and not increasing wage rates for MGNREGA. He attributes the deletion of workers’ names to the mandatory Aadhaar-Based Payment System and calls for an immediate halt to its implementation. Ramesh urges an increase in the MGNREGA budget and workers’ daily wages.
IDFC First Bank Q2 Results: Standalone net profit falls 73% YoY to Rs 201 crore on provisions, NII jumps 21% (26-10-2024)
IDFC First Bank reported a 73% drop in its September quarter standalone net profit at Rs 201 crore versus Rs 751 crore reported by it in the year ago period. However, the Net Interest Income (NII) grew 21% to Rs 4,788 crore in Q2FY25 versus Rs 3,950 crore in the year ago period.
Crypto’s ‘too big to fail’ token Tether faces new threat from US (26-10-2024)
A potential crackdown on Tether Holdings Ltd., the issuer of USDT, could have a significant impact on the cryptocurrency industry. Tether, the third-largest cryptocurrency, plays a crucial role as a stand-in for the US dollar in crypto markets. If Tether were to fail, it would be disastrous for the crypto economy. Tether CEO Paolo Ardoino denied the allegations, stating that there is no indication that Tether is under investigation.
Hariom Pipes Ltd: A Capex Play! (26-10-2024)
While the results aren’t the best, the recent crash should prevent further downside. Hopefully H2 is better. It is still marginally better YoY. Nice to see that they have scheduled a con call so hope the right questions are asked. Overall I see this as flat results. The fund raise may add to existing pressure on price upwards though.
Investing Basics – Feel free to ask the most basic questions (26-10-2024)
Have you got any clarification after that. Or have credited share in your demat account. Please share process if share credited in demat account.
Thanks
I will also share if any progress made.
Strides Pharma Science (26-10-2024)
Concall
Link URL: Chorus Call: Recording Downloader
Recording Id : STD0520241030155600
Europe business consolidation