Around 20 companies from Asia Pacific are listing shares next week in deals that may raise as much as $8.3 billion
These 8 penny stocks surge 15-30% in a week (20-10-2024)
Despite a 0.19% weekly decline in the Sensex, eight penny stocks surged by 15% to 30% by October 18. Sharpline Broadcast led with a 33% gain, followed by India Steel Works at 32%. Selections included stocks under Rs 20 with market caps below Rs 1000 crore.
Va Tech Wabag (20-10-2024)
Hi All,
Sharing my deep dive on Wabag. I feel from a valuation perspective it’s not very expensive currently which is why big funds are also entering at current levels. Covered my thoughts below.
India boom set to drive private credit and bond expansion (20-10-2024)
India attracts global fund managers as its bonds join global indexes. Prime Minister Modi’s vision for a developed India by 2047 sparks high investor interest. The country aims to tap foreign capital for infrastructure and private credit markets while addressing regulatory and market challenges.
Asian IPOs set for blockbuster week as ‘Animal Spirits’ return (20-10-2024)
Asia’s stock markets are about to witness the busiest week of public offerings in over two years. Around 20 companies will list shares, aiming to raise $8.3 billion. Companies from China, India, and Japan are among the major participants.
Ramesh Damani has invested ₹80 Cr in 1.04% of Protean e-Gov Tech (20-10-2024)
Ramesh Damani has invested ₹80 Cr in 1.04% of Protean e-Gov Tech. Co is a pioneer and market leader in digital public infrastructure & e-governance (eKYC, PAN, OLTAS, Aadhaar, ONDC, Pension) & will benefit from the increased digitisation. M-Cap is ₹7700 Cr. Co is debt-free.
![[IMG]](https://pbs.twimg.com/media/GaTa2_laoAAExVc?format=png&name=small)
![[IMG]](https://pbs.twimg.com/media/GaTa2_laUAA4w4n?format=png&name=large)
The SME portfolio (20-10-2024)
What do you find interesting in Gem enviro?
Would love to hear the thesis.
The SME portfolio (20-10-2024)
below 2 tracking…
Saakshi Medtech & Panels Ltd.
Systango Technologies Ltd.
Freshtrop Fruits Ltd (20-10-2024)
Time to change the forum name to Puretrop as the company got the name change approval
Also now with the discontinued operations of exporting raw fruits to Dehaat (known startup)
The company will be only making the Second Nature juices.
If one looks ar their juice business it is
- Started growing in last two years
- Turned Profitable with decent margins in the June quarter
Only the juice business made 31 cr revenue with 1.7 cr EBIT last quarter, available at 122 cr Mcap – which 1:1 price to sales basis
Not a bad deal
Plus for two years they will get a percentage of raw fruits business that they sold which they will pass on through dividend route moat likely