Volumes soar at Pidilite Industries Ltd counter (25-09-2024)
Pidilite Industries Ltd witnessed volume of 9.01 lakh shares by 10:48 IST on BSE, a 79.48 times surge over two-week average daily volume of 11341 shares
SpiceJet eyes fleet and market expansion amid low oil prices (25-09-2024)
Had we needed to we could have actually raised a significantly higher amount. But we think that this amount is sufficient to fund SpiceJet’s expansion plan, which is to go from the current level of 25, 27, 28 aircraft to in excess of 100 aircraft in two years.
US stocks end higher; S&P 500 renews fresh record highs (25-09-2024)
U.S. stocks ended higher on Tuesday after a somewhat choppy ride, and the S&P 500 hit a fresh record high, as investors made largely cautious moves while awaiting more data for directional cues. The Dow, which kept moving in and out of positive territory, ended with a gain of 83.57 points or 0.2 percent at 42,208.22, after hitting a fresh record intra-day high of 42,208.22. The S&P 500 closed up 14.36 points or 0.25 percent at 5,732.93, slightly off the all-time high of 5,735.32, and the Nasdaq climbed 100.25 points or 0.56 percent to 18,074.52.
Will China’s revival influence FII flows to India? Arnab Das explains (25-09-2024)
Arnab Das, Global Macro Strategist at Invesco, discusses the valuation disparity between China and India, noting China’s affordability. He highlights declining oil demand in major economies and the potential impact of China’s economic stimulus on global markets. The article also examines the resilience of Indian markets and the potential for future shifts in investment flows.
Shivalik Bimetal Controls Ltd (SBCL) (25-09-2024)
Thank you @Donald da for the writeup. This summarizes the major questions. The queries that I have are follows
- We know that by 26-27 onwards California, EU , UK are pushing NEVs ( BEV and PHEVs) by various regulatory push. As far as I understand that there are no changes in those. Will we start to see higher capacity utilizations due to that as we approach CY 26-27.
- Second concern is that OEMs as a means to diversify their supply chain have started approving Tier 2-3 suppliers outside of China. Are we a second source / third source supplier for the Tier 1s. If yes what are the ways that we can become 1st source.
- Has there been any interest for shunts from BMS manufacturers dealing with utility level battery storage ( also called BESS )
- How does the IP work in the shunt space? e.g. If an OEM approves some shunt designed which you have manufactured and optimized, do you also protect the manufacturing process via patents ?
I will update more questions as they come to my mind
Shree Cements shares drop 0.01% as Sensex falls (25-09-2024)
A total of 45 shares changed hands on the counter till 10:55AM (IST)
ReNew disinvestment row: Opposition suffered a setback, says Devendra Fadnavis (25-09-2024)
Deputy Chief Minister Devendra Fadnavis refuted opposition claims that projects are being moved out of Maharashtra. ReNew Company confirmed they are not relocating and are increasing investments in the state. Shiv Sena leader Sanjay Raut expressed concerns about Mumbai’s resources being transferred to Gujarat, but ReNew clarified their commitment to Maharashtra.
Share market update: Most active stocks of the day in terms of total traded value (25-09-2024)
The NSE Nifty index was trading 22.25 points down at 25918.15