The rupee appreciated 3 paise to 83.99 against the US dollar, supported by suspected RBI intervention and softer oil prices. India’s trade deficit narrowed to $20.78 billion in September. Key US economic data and the ECB monetary policy meeting are anticipated to influence the rupee’s trajectory.
Stock market update: Mining stocks down as market falls (17-10-2024)
The 30-share BSE Sensex was down 346.1 points at 81155.26
KPI Green- Turning Sunshine Into Cashflows (17-10-2024)
Agree… sector is right… but many such equity buy/sell transactions being done to favor promoters… these transactions are as per the SEBI guidelines of pricing etc… but current valuation is too high. investors coming in now… will surely be at risk of loss…
Share price of Tata Elxsi rises as Nifty weakens (17-10-2024)
A total of 5,447 shares changed hands on the counter till 10:05AM (IST).
Stock market update: Nifty IT index advances 0.66% in a weak market (17-10-2024)
The Nifty IT index was trading 0.66 per cent up at 42507.5.
Jagsonpal Pharmaceuticals – What is driving the price? (17-10-2024)
Looking at trailing might not be ideal in this business in particular. They have had a very bad FY24 due to multiple reasons and lead to abnormal PAT and PAT margins. Earnings were depressed. If you get a good sense on the forward numbers and estimates, valuations are still inexpensive. I dont know exactly what the FDC forward numbers would be like, but my sense is that the forward PE for Jagsonpal is still low compared to peers.
Tata Power receives LoI from REC to acquire transmission project (ERES-XXXIX) (17-10-2024)
The Project SPV ERES-XXXIX would be developed on Build-Own-Operate Transfer basis, to provide transmission service for 35 years from the Scheduled Date of Commercial Operation (SCOD) on 31 December 2027.
Shakti Pumps – solar shakti (power)! (17-10-2024)
Yes, pls send me a direct message as we won’t like to crowd this thread with my rant
My investment philosophy prioritizes quality, resilience and longevity of a business with strong management at helm. So if a certain business or company doesn’t pass that filter, I don’t look any further. So in that respect I can’t comment on numbers you have posted as I don’t track or research this sector.
Gold Price Today: Yellow metal hits new high, opens at Rs 76,861/10 gm (17-10-2024)
Gold futures at MCX opened at a record high, settling slightly lower. Silver also declined amid geopolitical tensions and expectations of ECB interest rate cuts, maintaining volatile trading conditions.