Shares of Thinking Hats Entertainment Solutions were trading at Rs 57 on the NSE, a premium of 29.55% compared with the issue price of Rs 44.
Sebi’s six-step plan may shake up F and O volumes (03-10-2024)
The Securities and Exchange Board of India’s (Sebi’s) six-step plan to curb retail participation in speculative index derivatives may lead to a substantial drop in volumes – potentially by 30-40 per cent. These measures aim to reduce excessive speculation in the futures and options (F and O) segment, where daily turnover often exceeds Rs 500 trillion and retail investors end up on the losing side of the trade more often. Sebi has decided to increase the contract size from Rs 5 lakh to Rs 15 lakh, raising margin requirements and mandating the upfront collection of option premiums from buyers.
Gensol Engineering – A play on Energy Transition (Solar Energy & EV) (03-10-2024)
Yes the revenues are missing the guidelines by miles.
Share price of Adani Power falls as Sensex drops 1418.86 points (03-10-2024)
Promoters held 46.64 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 14.73 per cent and 1.41 per cent, respectively.
Why Aswath Damodaran is ready to revisit Zomato, add other young companies to his list (03-10-2024)
Aswath Damodaran, a professor at NYU’s Stern School of Business, acknowledges both impressive and questionable aspects of Zomato’s expansion, particularly its shift towards becoming a last-mile delivery service in India. He plans to revisit Zomato for future valuations, stressing the dynamic nature of market valuation and the necessity for family groups to objectively inventory their holdings.
BSE (Bombay Stock Exchange)- Bet on Financialization? (03-10-2024)
One index option per exchange in weekly expiry segment would make NSE choose between it’s two crown jewels i.e. Nifty or Nifty Bank. Assuming speculation market size to remain the same [i.e. INR 10,000 crores index option market], BSE which now makes INR 1,200 cr would gain market share with some speculators shifting the trade from NSE delisted index options [w.e.f 20 November 2024] to BSE.
Mental models:
- expected market share gains;
- risk reward seems in favor [FY’25 expected PAT 1100-1200 crores; PE [FY’25]: 45-50]- this is without factoring market share gain]
- Breakout with huge volumes
Useful link: watch from 7:50 timestamp
Stallion Asset Founder Amit Jeswani on CNBC TV 18 – 20th September, 2024
Disclosure: holding
Iran-Israel war: 14 Indian-listed companies with an Israeli connection (03-10-2024)
As tensions in the Middle East escalated with Iran firing more than 180 missiles into Israel, the repercussions were felt on Dalal Street, with the Sensex dropping over 1,300 points. Investors expressed concerns about the potential impact of the conflict on crude oil prices and global supply chains. However, for the 14 listed Indian companies operating in the troubled region, the overall impact may be limited.
Mid-day updates: Indian markets plummet amid middle east tensions; Sensex drops over 1,300 points (03-10-2024)
Escalating West Asia tensions and rising oil prices drove the sell-off, impacting market breadth, as 2,772 stocks declined while only 1,092 advanced