Sales rise 74.21% to Rs 212.15 crore
For Executives, ‘Defending Democracy’ Can Seem Risky (19-10-2024)
Even seemingly anodyne sentiments supporting fair elections have become politically charged.
For Executives, ‘Defending Democracy’ Can Seem Risky (19-10-2024)
Even seemingly anodyne sentiments supporting fair elections have become politically charged.
AJAY UPADHYAYA is bullish about Kirloskar Electric & has increased holding from 2.81% to 4.65% (19-10-2024)
AJAY UPADHYAYA is bullish about Kirloskar Electric & has increased holding from 2.81% to 4.65%. Investment is worth ₹58 Cr. Co has M-Cap of ₹1240 Cr. Promoters hold 50%. It has developed Special Motors for Electric Vehicles. EV market will grow 49% CAGR with 10 M sales by 2030
![[IMG]](https://pbs.twimg.com/media/GaQE_NrbUAAQThZ?format=jpg&name=small)
![[IMG]](https://pbs.twimg.com/media/GaQE_NuaMAA9Eg3?format=jpg&name=900x900)
GUJARAT GAS Improving outlook on volumes (19-10-2024)
Very small impact. I used to hold is earlier but now sold so not tracking much. But ~60% of GGL’s revenue come for morbi where they can’t use APM gas. For that they buy gas from open market. So this announcement of lower APM allocation won’t hurt them much. Also, allocation from APM has been gradually decreasing since last 1 yr. Only this time the fall is drastic (~20%).
However please note morbi is partially shifting to propane gas which is cheaper. This is the reason why GGL share has not performed since last 3 yrs as Morbi shifted ~25% gas requirement to propane. This is also the reason they can’t increase gas price. So there is no supplier’s moat in GGL currently. Which is also the reason GGL shares won’t perform much, unless they increase volume sale in other GAs, which has its own challenge.
Stock-specific approach crucial amid market volatility: Insights from Rajesh Palviya (19-10-2024)
Rajesh Palviya discusses the market outlook, highlighting resistance at 25,000 for Nifty and potential support at 24,700. Bank Nifty shows stronger momentum, with private and PSU banks poised for further gains. He emphasizes a stock-picking approach, recommending ICICI Bank, Bombay Dyeing, and National Aluminium for short-term targets based on technical strength.
Stock-specific approach crucial amid market volatility: Insights from Rajesh Palviya (19-10-2024)
Rajesh Palviya discusses the market outlook, highlighting resistance at 25,000 for Nifty and potential support at 24,700. Bank Nifty shows stronger momentum, with private and PSU banks poised for further gains. He emphasizes a stock-picking approach, recommending ICICI Bank, Bombay Dyeing, and National Aluminium for short-term targets based on technical strength.
Diwali outlook: Nifty likely to consolidate between 50, 100-day EMAs, says Sudeep Shah of SBI Securities (19-10-2024)
During Diwali, Indian markets often experience bullish sentiment due to festive optimism, positive investor mood, and strong liquidity. This year, however, market performance is shaped by global economic uncertainty, geopolitical risks (particularly in the Middle East), fluctuating crude oil prices, and domestic concerns like inflation and interest rate outlooks, says Sudeep Shah.
Diwali outlook: Nifty likely to consolidate between 50, 100-day EMAs, says Sudeep Shah of SBI Securities (19-10-2024)
During Diwali, Indian markets often experience bullish sentiment due to festive optimism, positive investor mood, and strong liquidity. This year, however, market performance is shaped by global economic uncertainty, geopolitical risks (particularly in the Middle East), fluctuating crude oil prices, and domestic concerns like inflation and interest rate outlooks, says Sudeep Shah.
Elections alone don’t make a democracy, people’s voice must be heard: Sonam Wangchuk (19-10-2024)
Climate activist Sonam Wangchuk is fasting in Delhi, demanding a meeting with the top leadership. He and his supporters traveled from Leh to Delhi, facing detention and restrictions. They are seeking safeguards under the Sixth Schedule, statehood for Ladakh, a public service commission, and separate Lok Sabha seats for Leh and Kargil districts.