I read somewhere that shares will be credited before the 31st of October.
BRS leader K T Rama Rao files Rs 100 cr defamation suit against Telangana Minister Surekha (22-10-2024)
BRS Working President KT Rama Rao announces a Rs 100 crore defamation lawsuit against Telangana Minister Konda Surekha for allegedly making defamatory remarks. Rama Rao seeks to address and combat baseless personal attacks and believes that the courts will reveal the truth. Telugu actor Nagarjuna also files a defamation case against Surekha.
AVG logistics stock (22-10-2024)
Can anyone please explain why are the receivables so high? Thanks.
Top 5 stocks with declining promoter holdings in September quarter (22-10-2024)
In Nifty 500 index, here are the top five stocks where promoters decreased their holdings in the September quarter compared to the June quarter, according to StockEdge shareholding scan.
Manappuram Finance (22-10-2024)
I’ve been tracking Manappuram Finance for a long time, and I’ve noticed that analysts tend to downgrade the stock quickly with each new crisis. For example, during the Covid pandemic, it was downgraded to Rs. 70. Every time there’s a challenge, the downgrades come fast, but once the risks fade and the stock price rebounds, the valuations are upgraded again. This makes it a very volatile stock, often swinging from its 52-week low to high within a year. The high number of free-floating shares in the market also adds to the volatility. Additionally, the company seems to face repeated challenges—whether it’s Covid, the ED Fiasco, or microfinance issues. However, on the positive side, their gold business is performing well, they’re diversifying, and the management consistently navigates through crises. The book value continues to grow, and they pay strong dividends
I buy on each dip
World has enough oil, more supplies coming: Puri hopes prices will cool (22-10-2024)
Petroleum Minister Hardeep Singh Puri on Tuesday said the world has enough crude oil and more supplies are coming into the market, which he hoped will cool down oil prices.
“There is no shortage of oil,” he told reporters on the sidelines of an event here.
But geopolitical tensions cause prices to rise owing to higher freight and insurance charges incurred in avoiding conflict zones.
He hoped better sense will prevail and diplomacy will take precedence.
Despite geopolitical tensions, there is no shortage of oil in the world and more supplies from countries such as Brazil and Guyana are coming into the market, he said.
There is no anxiety over availability, he said, adding “We are confident of navigating, as we had in the past… any situation arising.”
India imports more than 85 per cent of its oil needs and any rise in global rates not just impacts import bills but also fuels inflation.
“My hope is that oil prices remain stable and come down… that’s my personal opinion,” he .