A panel of top ministers from the OPEC+ producer group meets on Oct. 2 to review the market, with no policy changes expected. OPEC+, comprising the Organizations of the Petroleum Exporting Countries (OPEC) plus allies including Russia, is scheduled to raise output by 180,000 barrels per day (bpd) in December.
Laurus Labs – Can Business Transform to Next Level? (01-10-2024)
The Therapeutic Goods Administration (TGA) has temporarily approved Laurus Labs, Emtricitabine and Tenofovir Disoproxil Fumarate 200 mg/300 mg Tablets until 31 January 2025.
Laurus Labs – Can Business Transform to Next Level? (01-10-2024)
Supplies of the HIV prevention medicine, PrEP, will begin to return to normal, with the Therapeutic Goods Administration and the Pharmaceutical Benefits Scheme listing a new manufacturer, Laurus Labs to help overcome a shortage.
Australian PrEP Supply to Ease Soon | Mirage News
The SME portfolio (01-10-2024)
Compiled a short note, Enjoy,
Navigating Global Trade, Unlocking Infinite Possibilities.
01/10/2024
Listed on NSE Emerge, Lot Size 500, will change to 250 on 1st November
COMPANY OVERVIEW:
• 2 decade old Company providing Logistics and Supply Chain solutions across South America, Europe, Gulf & South East Asia. It has two wholly-owned subsidiaries i.e. SJA Logisol India Private Limited and S.J.L. Group Singapore Pte Ltd.
• Key services include:
Project Cargo,
Ocean & Air Freight Forwarding,
Customs Clearance,
Inland transportation Warehousing,
Door Delivery &
NVOCC (Non-Vessel Operating Common Carrier)
• Member of agency networks like ALN Network, America Alliance & PPL
Starting the Warehousing Operations by entering into an agreement for renting warehouse space located at Bhiwandi
S J Logistics has entrenched itself nationally, accumulating extensive industry expertise. Its proficiency extends across various sectors, including but not limited to yarns, textiles, transmission towers, tyres, polyfilms, chemicals, agro commodities, and Fast-Moving Consumer Goods (FMCG).
Orders Received:
May 09, 2024
July 16, 2024
22nd July 2024
Announcement for approval of Air Cargo license issued by International Air Transport Association (“IATA”)
The International Air Transport Association (“IATA”) has issued the License to S J Logistics (India) Limited to promote, sell and handle International Air Cargo transportation vide IATA
Code: 14027270003.
Q1 Management Commentary:
Rajen Hasmukhlal Shah, Chairman & Managing Director of S J Logistics (India) Limited,
commented on the company’s financial performance for the Q-1 of fiscal year 2025:
“We are delighted to report a robust financial performance for Q1 FY25, highlighting our
resilience and strategic foresight in a rapidly evolving logistics landscape. The exponential
increase in consolidated revenue and growth in net profit are testaments to our team’s
dedication and our strategic initiatives aimed at driving sustainable growth.
This quarter, we have seen significant improvements across our key performance metrics.
Our company has achieved consolidated revenue of Rs.100.71 Crores in Q-1 FY25 which
was Rs.270.86 Crores in full FY24, this growth reflects not only the expansion of our service
offerings but also our focus on operational efficiency and market penetration. Further, the
rise in consolidated net profit demonstrates our effective cost management and operational
discipline, enabling us to enhance shareholder value while investing in our future.
Increase in our EBITDA margin which is 14.03% in Q1 FY25, as compared to 10.87% in
FY23-24 underscore the success of our ongoing initiatives to optimize our logistics
processes and control costs. This has been possible with the increased contribution of
Project Cargo Shipments which carry higher EBITDA margins. These improvements are
crucial as we continue to navigate a complex market environment.
The increase in cargo volume and the improvement in delivery timelines are particularly
noteworthy. They are indicative of our commitment to operational excellence and our ability
to meet the evolving needs of our customers with greater efficiency and reliability.
Future Outlook:
Looking ahead, our company is optimistic about the growth opportunities in the logistics
sector. The company plans to further expand its operations and enhance its service
capabilities to meet the evolving needs of its customers and also on-boarding of new
customers. With a strong focus on sustainability and digital transformation, S J Logistics
(India) Limited aims to lead the industry in providing innovative and efficient logistics
solutions. The company is also exploring strategic partnerships and acquisitions to
strengthen its market position and drive long-term value creation. Our focus will remain on
leveraging emerging opportunities and driving innovation to deliver superior value to our
clients and stakeholders
Our team’s relentless pursuit of excellence, coupled with our strategic investments, positions
us well to capitalize on the growing demand for logistics services. We are optimistic about
the future and are committed to maintaining our momentum as we advance into the second
Quarter of the fiscal year.”
12th September 2024
1. ISSUE OF 7,00,000 SHARE WARRANTS, CONVERTIBLE INTO EQUITY SHARES ON PREFERENTIAL BASIS TO THE PERSON BELONGING TO PROMOTER AND PROMOTER GROUP CATEGORY:
2. ISSUANCE OF 6,94,000 EQUITY SHARES ON PREFERENTIAL BASIS TO THE PERSONS BELONGING TO NON-PROMOTER CATEGORY:
Some Blog Posts to know more about the Company:
Daily:
Taking support @ 50DMA, Holding firm in this SME Meltdown
Weekly:
Taking support @ 10 WMA
Compiled Notes from here & there, No Buy or Sell Recommendation. Do your Own Diligence.
Comsyn Microcap – A value buy or Value Trap (01-10-2024)
Took this from the current AR, can somebody confirm if this CAGR figure is correct, I don’t think it should be 6.5%
Mphasis elects Jan Kathleen Hier as Chairperson of Board (01-10-2024)
Hier previously served as a partner at a start-up and as Executive Vice President at Charles Schwab, where she led centralized support services, including Schwab Technology Services, Operational Services, Corporate
Project Management, Operational Risk Management, and Offshore Services. During her tenure at Schwab, she also held several senior leadership positions, including Chief Information Officer, Executive Vice President of Human Resources, and Head of Electronic Brokerage Technology.
Indices slides for 3rd day; media shares advance (01-10-2024)
As per provisional closing, the S&P BSE Sensex, was down 33.49 points or 0.04% to 84,266.29. The Nifty 50 index shed 13.95 points or 0.05% to 25,769.90.