Can anyone tell me what on the earth stops Flipkart, Amazon, bigbasket, swiggy, zepto becoming another blinkit. What is the moat here.
Angel One: Metamorphosis into a Fintech? (Previously Angel Broking) (02-10-2024)
Key points in SEBI mandate
—> No Daily expiries (One expiry per week/exchange)
—> Contract size to triple
—> Calendar spread margin
First two points would negatively impact the F&O participation from where the major revenue comes from.
This will prove to be a double whammy from brokers stocks. First due to lower EPS, second due to P/E contraction.
Assuming no P/E contraction, since Angel One’s PE is already low, I am a expecting 20-30% correction from here.
References:
Japanese investors’ $4 trillion ‘carry trade’ begins to slowly unwind (02-10-2024)
In the first eight months of the year, Japanese investors snapped up a net ¥28 trillion ($192 billion) of the nation’s government bonds, the largest amount for the time frame in at least 14 years
Sterling & Wilson Solar Ltd. – Will the Sun Keep Shining? (02-10-2024)
My understanding is that SP group wanted to invest in the SW data center business (not related to SWRE) through the current stake sale.
Kamat Hotels (India) Ltd- A Possible Turnaround Story! (02-10-2024)
How to speak without giving any information. One should really watch the interview.
Very very primitive answers given about debt reduction, low revenue and low ebitda margins. “Log responsible ho gye h, election me”. Also not sure if banquet halls are newly added or he is just saying that there is trend to do marriages in hotels now. (Which I would say is not a new trend).
Also mentioned that they are opening their pure veg restaurant in every hotel. Again unsure if this is new or the restaurants already exist. Also mentioned that their restaurants are famous. And also made a weird point about people want to eat in clean restaurants after covid.
If the stock wasn’t at a good support zone technically, I would have made a full exit in loss.
Haryana assembly polls: CM post claims aimed at motivating leader’s supporters (02-10-2024)
Leaders in both BJP and Congress are staking claims for the Haryana chief ministerial post before the assembly poll results. While Congress’ Bhupender Hooda, Kumari Selja, and Randeep Surjewala are in the fray, BJP’s Nayab Saini, Rao Inderjit Singh, and Anil Vij have shown interest in the role.
Sterling & Wilson Solar Ltd. – Will the Sun Keep Shining? (02-10-2024)
the long term debt of SW solar was of the order of 240 cr only till march.
What is the 750 crore debt which was supposed to be paid of?
I saw there were some unexplained huge current liabilities in the balance sheet.
(b) Other current liabilities 28 946.31
Is this the one for Data center?
Swachh Bharat success due to people’s efforts, government push: PM Modi (02-10-2024)
Prime Minister Narendra Modi praised the collective efforts of Indian citizens for the success of the Swachh Bharat mission, highlighting significant improvements such as universal household toilet coverage, reduced child mortality, and enhanced dignity for women. He emphasized that previous governments neglected cleanliness issues raised by Mahatma Gandhi.
How full-blown Iran-Israel war may hurt India’s trade (02-10-2024)
The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which will impact Indian exporters’ working capital. Think tank Global Trade Research Initiative (GTRI) stated that the conflict is already hurting India’s trade with countries like Israel, Jordan, and Lebanon.
New JMM extension of ‘corrupt’ Congress: PM Modi (02-10-2024)
Prime Minister Narendra Modi calls for the protection of ‘roti-beti-maati’ in Jharkhand, accusing the JMM-Congress government of corruption and neglecting tribal rights. He alleges demographic changes, scams in welfare schemes, and land encroachment, promising BJP intervention to rectify these issues.