ESM was recently expanded to upto 1000 cr market cap. In the review period, Ratnaveer was below 1000cr marketcap although the market cap went above 1000 cr subsequently.
Piccadily Agro Industries Ltd (26-09-2024)
I have been proved wrong in the past, my growth estimates were too conservative and the company have surpassed them. Going forward, I think the investors expect 50% annual compounded growth in Indri alone, so 10X in 5-6 years making it a millionaire brand. By the way, if this has to happen the bulk of the growth will have to come from the international market, not just domestic market. Also note that this is just Indri’s growth expectations, not including Camikara rum or any other new brands which will be launched.
If the company meets the growth expectations then the stock price growth should be front loaded, say 5X in 2-3 years. On the other hand if there is any slightest slip up in growth, then the scrip will be punished.
Rudrabhishek Enterprises receives Sebi nod for SM REIT (26-09-2024)
This registration is expected to help REPL expand its presence in the real estate investment sector, utilizing its expertise and industry partnerships to drive the growth of ImpactR SM REIT.
Will Francis Ford Coppola’s “Megalopolis” Flop? (26-09-2024)
Mr. Coppola has spent $120 million on his new movie, “Megalopolis.” Most box office analysts predict that he’ll get far less in return.
SEBI plans viable distributor fee for passive funds, to finalise MF Lite norms soon (26-09-2024)
It has already floated a consultation paper on MF Lite and received comments from the industry and investors
SEBI slices member reporting formats by nearly one-tenth (26-09-2024)
The new standardised file formats, termed Unified Distilled File Formats (UDiFF), enhance efficiency, productivity and interoperability at reduced costs
Lower crude cargoes from top suppliers pull down India’s imports in August 2024 (26-09-2024)
India’s crude oil imports last month fell by 4 per cent Y-o-Y to 4.18 million barrels per day (mb/d)
Hariom Pipes Ltd: A Capex Play! (26-09-2024)
I reckon numbers are very soft in this qtr.
Guidance is intact.
But what’s the fundraise for, they were easily able to service the debt and CFO is hesitant in answering the reasons for fundraise.
I reckon if this qtr is soft for hariom , it may be horrible for other players.
But next few quarters don’t look good from existing shareholders perspective , due to dilution.
Charting Global Course: Linc inks dual JVs with Mitsubishi and SILKA (26-09-2024)
Deepak Jalan, Managing Director of Linc, stated that the Mitsubishi joint venture will allow the company to provide advanced Japanese technology at more affordable prices. The partnership plans to leverage Mitsubishi’s technology while manufacturing products locally in India and sourcing some raw materials domestically to further reduce costs.
Metals, auto stocks drive indices to fresh highs; Sensex jumps 666 pts (26-09-2024)
Supportive fund flows, Chinese stimulus keeps bullish sentiment intact