BJP’s Darshan Kumar defeated veteran Congress leader Choudhary Lal Singh in Jammu and Kashmir’s Basholi seat by 16,034 votes. Kumar, a businessman, prioritized development and peace. Singh, a three-time MLA and two-time MP, faced challenges reclaiming his stronghold after rejoining Congress in March.
Navkar Corporation reports standalone net loss of Rs 2.30 crore in the September 2024 quarter (08-10-2024)
Sales rise 40.75% to Rs 133.12 crore
Transformers & Rectifiers India consolidated net profit rises 2710.56% in the September 2024 quarter (08-10-2024)
Sales rise 79.55% to Rs 461.54 crore
KPI Green- Turning Sunshine Into Cashflows (08-10-2024)
I think the management’s credibility is questioned here:
Maggi revival architect Narayanan to quit Nestle (08-10-2024)
Suresh Narayanan, chairman and managing director of Nestlé India, is set to retire on July 31 next year, marking the end of an era that began 26 years ago with the Nestlé group, a multinational giant in the food and beverage space. His tenure is perhaps most famously defined by his role in reviving the Maggi noodles brand. When Narayanan stepped into leadership at Nestlé India in 2015, the company was facing criticism: the Food Safety and Standards Authority of India (FSSAI) had ordered a nationwide recall of the popular Maggi noodles due to high levels of lead found in the product.
Pidilite Ind declines 0.44% as Sensex climbs (08-10-2024)
The stock traded at a P/E multiple of 87.26, while the price-to-book value ratio stood at 18.24.
Transformer & Rectifier India Limited (08-10-2024)
Presentation> https://www.bseindia.com/xml-data/corpfiling/AttachLive/b074122e-2221-4222-a36c-3104e5c2d42c.pdf
Audited results>https://www.bseindia.com/xml-data/corpfiling/AttachLive/6e3808ab-845a-4f91-b385-642a765d5128.pdf
I think good set of results by TARIL
Going by results and their oder book…if look at past trends and existing orders, ball park can be taken another 700Cr for H2 FY25? in that case total FY25 it may do topline of much more than 1500Cr FY25.
It Starts with UC today, Previously they were negotiating 17k cr enquiries …now it increased to 18.5K cr…In my opinion it should continue doing good.
Can someone help me calculating forward PE ?
D- Holding from lower levels…post is for my studies/tracking…no recommendation, i am new recruit etc.
Hyundai India IPO opens next week with likely price band of Rs 1,865-1,960: Report (08-10-2024)
Hyundai Motor India is set to launch its IPO next week. The shares will likely be priced between Rs 1,865 to 1,960 each. This will value the automaker at up to Rs 1.6 lakh crore. The IPO opens for big institutional investors on October 14 and for retail investors from October 15 to 17.
Cryptocurrency prices on October 8: Bitcoin falls over 2% to $62,300; Dogecoin, Shiba Inu drop over 6% (08-10-2024)
Major cryptocurrencies including Bitcoin and Ethereum faced declines as investors booked profits following recent highs. Bitcoin traded at $62,264, down 2.1%, while Ethereum fell 2.5%. Market sentiment remains cautious with upcoming U.S. CPI and PPI data expected to increase volatility, and Bitcoin facing resistance at $64,000.