My thoughts as well. I guess, this is what market is now pricing in. Shareholders are getting shortchanged these days. Only consolation is you get to apply for IPO in both categories – shareholder and retail/hni. But again even if you own 1 share you’re eligible for shareholder category.
Apt Packaging reports standalone net profit of Rs 0.06 crore in the September 2024 quarter (23-10-2024)
Sales decline 22.25% to Rs 2.90 crore
G K Consultants reports standalone nil net profit/loss in the September 2024 quarter (23-10-2024)
Sales rise 9.09% to Rs 0.12 crore
Max Financial Services consolidated net profit declines 23.89% in the September 2024 quarter (23-10-2024)
Sales rise 31.56% to Rs 13372.39 crore
Indus Towers standalone net profit rises 71.57% in the September 2024 quarter (23-10-2024)
Sales rise 4.67% to Rs 7465.30 crore
Pet Plastics consolidated net profit declines 95.65% in the September 2024 quarter (23-10-2024)
Sales rise 137.29% to Rs 2.80 crore
Indiamart Intermesh – Indian Alibaba? (23-10-2024)
You know what guys, I though to keep a check on which company’s quarterly results are good and take advantage is their run up post results. Checked on X as someone known presented the results as bumper – super – duper. I agreed that a 100% or so jump in revenue is good enough only to see next day stock tumble.
What happened here?
Fed outlook pushes dollar to 2 1/2 month peak; yen under pressure (23-10-2024)
The U.S. dollar remained strong as investors anticipated gradual interest rate cuts and monitored the presidential election. The yen weakened, reaching a three-month low. Treasury yields increased with the benchmark 10-year note hitting its highest since July. Investors are also considering the upcoming general election in Japan and its potential impact on monetary policy.
Shakti Pumps – solar shakti (power)! (23-10-2024)
Well, yeah. I had quoted that from X and what I wonder was that with such a wide market why is Shakti pump at such low PE when other RE players are 100+.
It may be because of this business doesn’t have longevity which impacts the valuations or who knows we all have made a jackpot. 
As others have quoted. – it’s nice to know that they have PhDs but then as oft quoted that between quality of a business and quality if management it’s former who beats the latter … if i may say hands down.
Others are welcome to put their views on why the pe of Shakti pump is at 36 which in today’s environment may be called a value.
Global uncertainties push safe-haven gold to record high (23-10-2024)
Gold prices reached a record high on Wednesday due to Middle East conflicts and U.S. election uncertainty. Spot gold was at $2,746.25 per ounce. U.S. gold futures slightly increased. Bullion is a safe-haven asset gaining over 33% this year. Federal Reserve’s interest rate decision is also anticipated. Silver, platinum, and palladium saw mixed results.