Sensex rises! But these stocks fell 5% or more in Thursday’s session (26-09-2024)
In the Nifty pack, 44 stocks closed in the green, while 6 stocks ended in the red.
RBM Infra – a less discussed SME (26-09-2024)
With Rs400crs revenues and Rs40crs PAT in FY25 it looks like stock trades at Rs882/40 = 22.0x FY25E P/E and Rs1000crs and Rs100crs PAT in FY26 (extrapolating same PAT margins as FY25) stock trades at 8.8x FY26E P/E.
With a backlog of > Rs4000crs stock looks like a doubler or tripler to me at the minimum
Disclosure: Invested.
Accenture forecasts annual revenue below estimates (26-09-2024)
Accenture Q4 results 2024: The company said it expects to report annual revenue growth between 3% and 6%, the midpoint of which was below the analysts’ average estimate of 5.9% growth, according to LSEG data.
Nifty October futures trade at premium (26-09-2024)
NSE India VIX tumbled 7.12% to 11.84.
Share market update: Most active stocks in today’s market in terms of volume (26-09-2024)
The NSE Nifty index closed 211.9 points up at 26216.05
Rupee drops 6 paise to close at 83.64 against US dollar (26-09-2024)
The dollar index declined 0.14 per cent to 100.48
MSTC Ltd.: Growth through to E-Commerce (26-09-2024)
Can anyone give me some of their insights?
Dozens, Mostly Children, Drown During a Hindu Festival (26-09-2024)
At least 46 died in a ceremony that involves bathing in local rivers and streams in Bihar State, where recent rains had raised water levels.