Rahul Gandhi asserted that the BJP is undermining the Constitution by controlling institutions like the Election Commission, CBI, and judiciary. He vowed that the caste census and removing the 50 per cent reservation cap are unstoppable. Gandhi’s statement comes ahead of the Jharkhand Assembly polls.
Rahul Gandhi accuses BJP of controlling EC, CBI, ED, claims Constitution ‘under attack’ (19-10-2024)
Tech Query: What is the outlook for Kaveri Seed Company, Som Distilleries & Breweries and Schaeffler India? (19-10-2024)
We zoom in on the prospects of Kaveri Seed Company, Som Distilleries & Breweries and Schaeffler India
Forensics and the art of triangulation (19-10-2024)
Blue Cloud Softech Solutions Ltd has been acquired by ITTB Software Private Limited and Janaki Yarlagadda. Their shareholding pattern has not been be changed from public to promoter category at present.
Sudden increase in revenue will be due to business integration from new promoters.
New promoters infuse capital via warrants or preferential allotment. Sometimes they do rights issue as well.
Previous management and auditors will be replaced by the new promoters which will show that a lot of resignation is happening.
Complete balance sheet can be interpreted only when the new promoters integrate their business with this company completely. Till then it will show that everything is in the subsidiary or group company.
These are normal things to expect in a takeover case.
Disclaimer: I am not invested in this company.
IPO Calendar: Waaree Energies among 8 IPOs to keep primary market buzzing next week (19-10-2024)
Waaree Energies’ IPO will be open for subscription from October 21 to October 23, with a price range of Rs 1,427-1,503 per share. Analysts anticipate a multibagger listing for the company if the strong demand continues.
Movers & Shakers: Stocks that will see action this week (19-10-2024)
Here is what the charts say about shares of Granules India, Zensar Technologies, Karur Vysya Bank
Currency Outlook: Dollar rally continues (19-10-2024)
A short-lived correction looks likely in the near term
Index Outlook: Indices gear up for fresh rally (19-10-2024)
Slowdown in fall and presence of supports indicate a possible reversal
Kotak Mahindra Bank – Low Cost Liability Banking Franchise (19-10-2024)
Q2 Results consolidated
- Interest Earned up 3.73% QoQ, 23.36% YoY to ₹16,426.79 Cr.
- Total Income grew 4.36% QoQ, 24.68% YoY to ₹26,880.02 Cr.
- Operating Expenses up 5.67% QoQ, 26.05% YoY to ₹12,203.28 Cr.
- Net Profit After Tax fell 32.46% QoQ, but up 13.00% YoY to ₹4,997.78 Cr — impacted by an exceptional item of ₹3,803.40 Cr
Asset quality slightly deteriorated
GNPA 1.48(q2 fy25) vs 1.69(q2 fy24)and q1 at 1.39
NNPA 0.45(q2 fy25) vs 0.39(q2 fy24) and q1 at 0.38
How to understand share buybacks: What they are and their significance (19-10-2024)
Repurchasing shares reduces the number of outstanding shares, which can increase earnings per share (EPS) and potentially drive up stock prices.
All weather investing: Protecting your portfolio from market downturns (19-10-2024)
Many overlook that a portfolio can still perform well during downturns if its drawdown is smaller than that of the broader market. In today’s unpredictable financial landscape, effectively managing various risks is essential for creating a resilient, all-weather portfolio. In this article, we will explore strategies for building such a portfolio.