Justice Khanna, currently the second senior-most judge of the Supreme Court, will become India’s 51st Chief Justice, serving until his retirement on May 13, 2025. Since his elevation to the Supreme Court on January 18, 2019, Justice Khanna has delivered several landmark judgments, contributing to crucial rulings on personal liberty, democratic values, and individual autonomy. Renowned for his meticulous case preparation, Justice Khanna is also noted for his pragmatic approach to dispute resolution and effective use of judicial time, making him a respected figure within Indias judiciary.
Himatsingka Seide (25-10-2024)
QIP placement initiated at Rs.154.31 per share (with a potential 5% discount). Not sure if they plan to raise the full Rs.400 crore that was approved, nothing mentioned in the filing here. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ac63fb11-0298-4449-b740-fbc6d119e341.pdf
Results have continued to underwhelm over the past year with no change in debt situation as their cash flows have not supported debt reduction in any way so far. I am not sure if they plan to use these funds to reduce debt. Anyone knows?
Debt aside, valuation is reasonable and moderate textile tailwinds seem to be there. Guess this quarter’s result may indicate if they are benefiting.
ITC: “Will”(s) “Gold Flake” assist “Ashirwad” to win “Bingo!”? (25-10-2024)
Almost 3 week since it is approved but certified copy not issued by NCLT / Or received by company. Is such delay normal or there is something else – which is unknown to retail investor.
my understanding, unless certified copy is received by company – ITC hotel’s separate listing will be delayed, accordingly.
Here’s why Aarti Drugs shares fell 4% on October 25, more details here (25-10-2024)
The fall in Aarti Drugs share price came after the company reported a weak set of September quarter (Q2FY25) earnings.
Zomato shares fall 1.31 per cent in Friday’s trading session (25-10-2024)
The Relative Strength Index of the stock stood at 39.36 on Friday.
Suryoday SFB slumps after Q2 PAT slides 10% YoY to Rs 45 cr (25-10-2024)
Suryoday Small Finance Bank tumbled 11.63% to Rs 137.90 after the bank reported 9.76% decline in net profit to Rs 45.39 crore in Q2 FY25 as against Rs 50.30 crore posted in Q2 FY24.
Equity investors poorer by Rs 7.15 trn in morning trade as markets slump (25-10-2024)
Investors’ wealth eroded by a whopping Rs 7.15 lakh crore during the morning trade on Friday as equity markets tumbled, driven by sharp fall in IndusInd Bank shares and unabated foreign fund outflows.
The BSE Sensex tanked 708.69 points to 79,356.47 and the NSE Nifty plunged 286.35 points to 24,113.05.
Tracking the weak trend in equities, the market capitalisation of BSE-listed firms tumbled Rs 7,15,739.19 crore to Rs 4,36,63,565.73 crore (USD 5.19 trillion) during the morning trade.
From the 30 Sensex pack, IndusInd Bank plunged over 19 per cent after the firm reported a 40 per cent decline in September quarter net profit at Rs 1,331 crore, pulled down majorly by concerns about asset quality.
Mahindra & Mahindra, NTPC, Larsen & Toubro, Adani Ports, Titan, Tata Steel and JSW Steel were also among the laggards.
From the blue-chip pack, ITC jumped over 3 per cent after the diversified entity reported an 1.8 per cent increase in its consolidated net profit to Rs 5,054.43 crore in
Solar Industry AMA Deep Dive: Ask me Anything (25-10-2024)
Hello
Request if the link can be shared here , as the Google access might not be avb for a lot of us.
Thanks
Midcap stocks drop 10% from highs, head for correction as growth outlook sours (25-10-2024)
Mid-cap stocks are approaching correction territory as concerns over slowing earnings growth and high valuations grow. The Nifty Midcap 100 dropped up to 2.9% on Friday, falling over 10% from recent highs, indicating a technical correction. This decline is driven by heavy selling from foreign portfolio managers this month, despite a 30% rally through September 23.