Experts attribute this phenomenon to large IPOs absorbing market liquidity, subsequently weighing on the overall market performance
Arman Financial Services Ltd (15-10-2024)
CRAR is 35%+ for both Namra and AFSL.
Collections are 95%+ which will decrease moving forward.
Leverage at 1.8x which is lowest in industry due to recent equity round.
Rating upgrade from June’24 to Aug’24.
Business cycle downturn led to reduced NIM, disbursement, collections.
Finance cost to reduce which will be beneficial to AFSL due to low leverage.
P/B ratio at low regions vs past.
Overall looks like a good entry.
Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake (15-10-2024)
The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.
Frontier Springs – has departed, whats the next destination? (15-10-2024)
Modelled Frontier Springs as per management forecast.
Risk- Need to monitor Govt Railway Capex Spend.
Reliance’s O2C business likely to face pressure for rest of FY24: Analysts (15-10-2024)
Challenges in retail and refining remain key to reversing downgrade cycle, say analysts
Semiconductor world – CPU/GPU Wars (15-10-2024)
Seems like you used ChatGPT to generate this as it includes words like fostering, cutting-edge, significant, harness, transformative etc.
Tip: You could ask ChatGPT to use simple language and avoid complex phrases like “cutting edge,” etc.
SG Mart- Can it successfully create a marketplace? (15-10-2024)
Management guidance is to reach Rs. 18,000 Crs revenue by FY27, against that of around 3,000 Crs in FY24 (their 1st year of operation). A CAGR of 80%+.
With a 2.5% PAT margin, forward PE for FY27 at CMP (430) is ~ 7.
In FDs, interests are earned on the base we keep with the bank. No bank is going to double it up for us to earn extra bucks.
But with business it is not like that, profits can grow and when equity remain constant (as they have already raised enough money for their need), ROE will grow in future.
ValuePickr Ahmedabad (15-10-2024)
Hi, may please add me to the whatsapp group…cell no: 8700468180
BJP appoints K Laxman as Returning Officer for organisational polls (15-10-2024)
K Laxman, BJP OBC Morcha Chief and MP, has been named the Returning Officer for BJP’s organizational elections, to choose President JP Nadda’s successor. He will be assisted by MPs Naresh Bansal, and Sambit Patra, and the party’s Vice President. The new President will be finalized by mid-January and endorsed shortly after by the BJP National Council.
Semiconductor world – CPU/GPU Wars (15-10-2024)
Interesting write up. You should probably start a new thread or look for the thread that broadly talked about semiconductor India. I am not able to find it right now.
This thread is specific to cpu and GPU.