JSW Steel & JFE Steel to jointly acquire 100% stake in thyssenkrupp Electrical for Rs 4,051.40 crore (19-10-2024)
JSW Steel said that Jsquare Electrical Steel Nashik, a subsidiary of the company’s joint venture entity, has entered into a share purchase agreement to acquire 100% of equity interest in thyssenkrupp Electrical Steel India.
JM Financial Products standalone net profit declines 46.31% in the September 2024 quarter (19-10-2024)
Sales decline 26.00% to Rs 225.80 crore
Tata Capital Housing Finance standalone net profit rises 17.79% in the September 2024 quarter (19-10-2024)
Sales rise 38.30% to Rs 1667.34 crore
Yedeshi Aurangabad Tollway Pvt reports standalone net loss of Rs 28.58 crore in the September 2024 quarter (19-10-2024)
Sales decline 3.13% to Rs 60.73 crore
RBL Bank consolidated net profit declines 30.02% in the September 2024 quarter (19-10-2024)
Total Operating Income rise 17.40% to Rs 3531.02 crore
RBI lifts lending restrictions imposed on JM Financial’s subsidiary (19-10-2024)
JM Financial said that the Reserve Bank of India (RBI) has, with immediate effect, lifted the restrictions imposed by it on JM Financial Products, a material subsidiary of the company.
Shakti Pumps – solar shakti (power)! (19-10-2024)
Thats 2000 crores revenue we must be speaking about acc to capacity which itself hasnt been utilised as off now as Demand hasnt grown to the existing capacity. But then timeline around which this maybe monetised isn’t known as off now.
By your calculation we cannot even try and extrapolate where the Profitability would be in next 3 years down the line.
Instead take into account current order book and then execution timeline,OPM and EBIDTA Margins,EPS all annualised and then projecting the Market cap of Shakti pumps \going ahead at the end of the year.
Hpe this helps
Shakti Pumps – solar shakti (power)! (19-10-2024)
Thats 2000 crores revenue we must be speaking about acc to capacity which itself hasnt been utilised as off now as Demand hasnt grown to the existing capacity. But then timeline around which this maybe monetised isn’t known as off now.
By your calculation we cannot even try and extrapolate where the Profitability would be in next 3 years down the line.
Instead take into account current order book and then execution timeline,OPM and EBIDTA Margins,EPS all annualised and then projecting the Market cap of Shakti pumps \going ahead at the end of the year.
Hpe this helps