Sales rise 0.23% to Rs 38.92 crore
Alipurduar Transmission standalone net profit rises 2.03% in the September 2024 quarter (18-10-2024)
Manappuram Finance, Deepak Nitrite among 5 stocks with long unwinding (18-10-2024)
Long unwinding occurs when traders sell positions or stocks held for a longer period, often to book profit or exit due to anticipated bearishness. Five stocks witnessed long unwinding on Friday.
Elecon Engineering Limited (18-10-2024)
Holding Elecon since two years.
They are confident of making up. But in the event that it doesn’t happen – we may see a very long time correction.
Am quite patient, but there seem to be too many new & exciting opportunities.
Is it time to churn and move on?
ZEEL spurts as PAT soars to Rs 209 crore in Q2 (18-10-2024)
Zee Entertainment Enterprises (ZEEL) rallied 5.37% to Rs 132.50 after the company’s consolidated net profit from continuing operations jumped 61.28% to Rs 209.5 crore in Q2 FY25 from Rs 129.9 crore reported in Q2 FY24.
Va Tech Wabag (18-10-2024)
Stock is in a blow-off top following a breakout from running wedge. while hard to pinpoint the top, paying 45x PE for a 15% growth(incl semiconductor, green hydrogen tailwinds) doesn’t offer good risk-reward. Euphoria around order wins and orderbook is not factoring that orders are executed over years.
Raghav Productivity Enhancers consolidated net profit rises 37.80% in the September 2024 quarter (18-10-2024)
Sales rise 51.32% to Rs 49.12 crore
India Motor Parts & Accessories consolidated net profit rises 7.31% in the September 2024 quarter (18-10-2024)
Sales rise 4.79% to Rs 190.40 crore