Hey, is there any rule for remuneration resolutions which states that promoter entity cannot vote ? Weird that they did not vote on this resolution but voted on the rest of them.
Stock market update: Mining stocks mixed as market rises (10-10-2024)
The 30-share BSE Sensex closed up 144.31 points at 81611.41
These 3 stocks with consistently decreasing EV to EBITDA ratio (10-10-2024)
Lower EV/EBITDA suggests a company is becoming more valuable. We analyzed top 3 Indian companies (over Rs 1000 crore market cap) with rising EV/EBITDA ratios. This could indicate rising profitability, efficiency, or an undervalued stock.
Gensol Engineering – A play on Energy Transition (Solar Energy & EV) (10-10-2024)
I think you didn’t understand the thing I said about Blusmart, see for a company like blusmart to come to IPO, it need to show profit, but the problem is they aren’t is having one. So, what happened is they will do OPEX, how? Simply they will cut the cost of paying the money as a lease to the owner, in this case Gensol which has the same promoter So GENSOL and BLUSMART comes under RPT, to make one thing profitable (Blusmart), they will burn the cash in another (in this case GENSOL), in that way the leasing business will always burns the cash and won’t make profit for the next 2-3 years.
Nifty October futures trade at premium (10-10-2024)
NSE India VIX dropped 4.65% to 13.47.
TCS declares second interim dividend of Rs 10/share, sets October 18 as record date (10-10-2024)
Tata Consultancy Services (TCS) has declared a second interim dividend of Rs 10 per share, payable on November 5, 2024, with a record date of October 18, 2024. The announcement followed the release of Q2FY25 earnings, showing a 5% YoY increase in consolidated net profit to Rs 11,909 crore, falling short of analyst estimates.
Rakesh Jhunjhunwala believed Tata Group could never do any wrong: Utpal Sheth (10-10-2024)
Utpal Sheth, of TRUST Group and RARE Enterprises, praises the Tata Group’s value system and principle-based decision making under Ratan Tata’s leadership. He highlights the group’s commitment to humility, humanity, and hunger in its leaders, and reminisces about Rakesh Jhunjhunwala’s deep respect and investment in the Tata Group’s ethos and policies.