A total of 9,624 shares changed hands on the counter till 01:23PM (IST)
HPCL, BPCL, IOC soar up to 5% in trade as oil prices slip to 2-week low (15-10-2024)
A fall in oil prices is beneficial to OMCs as their costs for acquiring crude oil for refining drop
BEML bags contract worth Rs 867 crore from Chennai-based Integral Coach Factory (15-10-2024)
BEML said that it has been awarded a contract for the design, manufacturing, and commissioning of two high-speed trainsets, each comprising eight cars by Integral Coach Factory (ICF), Chennai.
Marico shares drop 0.47% as Sensex falls (15-10-2024)
On the technical charts, the RSI of the stock stood at 49.59.
Hyundai India GMP: All signs point to debut losses for investors (15-10-2024)
Analysts largely agree that subscribing to the Hyundai IPO presents a strong opportunity for long-term investors, given the growing passenger vehicle market and increasing consumer demand for larger, premium cars.
Sudarshan Chemicals – Can it colour our portfolio green? (15-10-2024)
Exports data suggests strong ~60% growth in pigments businesss in this quarter vs last year, making it one of the fastest growing chemical companies in the industry. There are discrepancies in the export data vs reported data sometimes but the trend is extremely clear. There is supply shortage.
As for acquisition, integrating a large company can be challenging but its very relieving to see that it is all coming in without debt. The mgmt has identified clear levers of cost reduction and I believe this will be an easier fruit to pluck for any inefficiently run business. Sudarshan has the most profitable business in the pigments space globally, by far and do they do seem to posses the traits of bringing down costs. As per the management, there are no contingent or pension liabilities either. So all in all , seems like a good acquisition and it positions Sudarshan as a strong #2 player in the global industrry, not too far from the leader. This has been quite a journey
Sudarshan Chemicals – Can it colour our portfolio green? (15-10-2024)
Exports data suggests strong ~60% growth in pigments businesss in this quarter vs last year, making it one of the fastest growing chemical companies in the industry. There are discrepancies in the export data vs reported data sometimes but the trend is extremely clear. There is supply shortage.
As for acquisition, integrating a large company can be challenging but its very relieving to see that it is all coming in without debt. The mgmt has identified clear levers of cost reduction and I believe this will be an easier fruit to pluck for any inefficiently run business. Sudarshan has the most profitable business in the pigments space globally, by far and do they do seem to posses the traits of bringing down costs. As per the management, there are no contingent or pension liabilities either. So all in all , seems like a good acquisition and it positions Sudarshan as a strong #2 player in the global industrry, not too far from the leader. This has been quite a journey
Hyundai India IPO opens for subscription. Should you subscribe or skip? Here’s what 10 brokerages say (15-10-2024)
The IPO is a full offer for sale (OFS) of 14.2 crore shares, to be offloaded by the parent company, Hyundai Motor Global. As it is an OFS, all proceeds will go to the selling shareholders.