Ketan has a point in that the tailwinds mainly come from increasing demand and the Indian manufacturers are not in a position to take advantage as they are always behind in terms of technology and pricing power. The turnaround comes from govt.’s protection which makes it fragile as they will again crumble in the face of competition.
Its not a Tata motors like story where they either acquired (JLR) or developed in-house capabilities, allowing them to be competitive with other large players. The company itself is forward looking. Whereas Solar manufacturers in India are not forward looking even though the industry is.
SmallCap Hunter : Trying to find the dark horses with triggers (07-10-2024)
Zomato – Should you order? (07-10-2024)
Zomato does provide Average GOV per day, per store for Blinkit. This metric continues to grow quarter on quarter despite the rapid pace of new store additions. I presume new stores have a much lower GOV per store per day but offset by continued growth in more mature stores.
Bajaj Housing Finance, Adani Energy 6 stocks with up to 43% upside potential (07-10-2024)
Several global and domestic brokerages have initiated coverage on six stocks including Bajaj Housing Finance, Adani Energy, and Varun Beverages. They see potential upsides of up to 43%. Varun Beverages and Aadhar Housing Finance are highlighted for strong market positions and growth opportunities. Adani Energy is noted as a promising investment in India’s transmission sector.
Bajaj Housing Finance, Adani Energy among 6 stocks with up to 43% upside potential (07-10-2024)
Several global and domestic brokerages have initiated coverage on six stocks including Bajaj Housing Finance, Adani Energy, and Varun Beverages. They see potential upsides of up to 43%. Varun Beverages and Aadhar Housing Finance are highlighted for strong market positions and growth opportunities. Adani Energy is noted as a promising investment in India’s transmission sector.
Bajaj Housing Finance, Adani Energy among 6 stocks with up to 43% upside potential (07-10-2024)
Several global and domestic brokerages have initiated coverage on six stocks including Bajaj Housing Finance, Adani Energy, and Varun Beverages. They see potential upsides of up to 43%. Varun Beverages and Aadhar Housing Finance are highlighted for strong market positions and growth opportunities. Adani Energy is noted as a promising investment in India’s transmission sector.
Gujchem Distillers India standalone net profit rises 305.00% in the September 2024 quarter (07-10-2024)
Sales reported at Rs 1.49 crore
Senco Gold shares surge 6% after nod for Rs 500 crore QIP, 1:2 stock split (07-10-2024)
Shares of Senco Gold surged 6.4% to Rs 1,494.55 after the company announced a Rs 500 crore qualified institutional placement (QIP) and a 1:2 stock split. This means shareholders will receive 2 shares with a face value of Rs 5 for every 1 share of Rs 10. The announcement was made after market hours.
Indian bond yields seen inching up in trading as 10 year US yield nears 4% (07-10-2024)
The 10-year U.S. yield rose to its highest level in nearly two months following the data, and came within a touching distance of the critical 4 per cent mark
Once darlings of D-Street, 11 FY24 multibaggers tank over 25% in H1FY25. What went wrong? (07-10-2024)
Several multibagger stocks that saw great returns in FY24 have dropped over 25% in the first half of FY25. Indian equities face challenges from geopolitical uncertainties and rising oil prices. Analysts suggest a cautious approach, focusing on quality stocks that can endure macroeconomic pressures. The market outlook remains mixed.