Nalwa Sons Investment led the small-cap gainers with a nearly 43% return, followed by Precision Camshaft (29%), Motilal Oswal (27%), and Renaissance Global (26.4%). Additionally, four stocks, including Kalyani Investment, Info Tech Transform, Filatex Fashions, and Sanghvi Motors, delivered returns between 20-25% during the week.
RPP Infra Projects wins orders worth Rs 35.6 cr (19-10-2024)
1. Design and Build of 7MLD Product water conveyance system from the 20 MLD Tertiary Treatment Reverse Osmosis (TTRO) Plant at Kelavarapalli Hosur to SIPCOT Industrial Park Shoolagiri Phase I & II Krishnagiri District, Tamil Nadu with Operation and Maintenance
for 1 year on DBO Basis for contract value of Rs. 28.25 crore (Including GST); and
Indiabulls Housing – A compounder from here? (19-10-2024)
I see a doubler in 3 years and legacy book reflection in presentation is a combination of good and bad loans(mostly provided).
Smart accumulation already in progress as Plutus has increased holding along with PAC.
Gagan is maintaining silence in media and I feel he will make numbers talk.
I am optimistic and invested for long term as market cap of 0.54 book value has more than proviosioned ofr any doubts and things can only improve from here
US dollar falls as risk appetite rises after China; but set for 3rd weekly gain (19-10-2024)
The U.S. dollar dropped on Friday after five days of gains. New stimulus measures from China boosted global equities, especially Chinese stocks. Investors were optimistic about China’s efforts. The dollar index still showed a 0.6% weekly gain. The Chinese yuan and commodity currencies like the Australian and Canadian dollars strengthened.
Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook (19-10-2024)
Oil futures dropped over 7% this week amid concerns about China’s slowing economic growth and mixed Middle East outlook. Brent crude fell to $73.06 per barrel and U.S. WTI settled at $69.22. Increased electric vehicle sales in China and geopolitical tensions also impacted prices.
Tech Mahindra declares Rs 15 dividend, fixes November 1 as record date (19-10-2024)
Tech Mahindra has announced a Rs 15 per share interim dividend for its shareholders. To be eligible for this payout, investors must hold Tech Mahindra shares as of November 1st, which is the record date. This dividend announcement was made alongside the release of the company’s quarterly results for the period ending in September 2024.
Kilburn Engineering wins orders of Rs 35 cr (19-10-2024)
M.E Energy, the wholly owned subsidiary of Kilburn has bagged orders aggregating Rs. 45.91 crore during the year till date.
JNK India ltd – Oil and Gas sector proxy? (19-10-2024)
I could be wrong but below are two observations from DRHP which led me to be away from this company.
Risk 1 – We derive a significant portion of our revenue from operations from orders which are contracted to us by Contracting Customers. We have received projects from Contracting Customers such as Tata Projects Limited, and JNK Global, one of our Corporate Promoters. However, we receive majority of our projects from JNK Global. We work with JNK Global as one of our Contracting Customers and thereby cater to various End User Customers including Indian Oil Corporation Limited in India.
My view: Above tells me that company can have a intermediary influenced by promoter or the Korea partner group where the profits could be stored – with no annual report out yet – check for related party transaction in future. Almost 50% of the orders are from JNK Global.
Risk 2 – We are an asset light Company wherein we outsource our fabrication process to third-party fabricators for most of our projects which presents numerous risks.
My View: How can manufacturing company be asset light 
,Reason could be that promoter Arvind Kamath has many businesses under brand name Mascot and Porvair so work might be going der for processing and hence needs deeper review.