Businesses are preparing for a strike by dockworkers on the East and Gulf Coasts, which could begin Oct. 1 if negotiations don’t yield a new contract.
Kwality Pharmaceuticals – Extremely cheap pharma stock (P/E less than 3x) (24-09-2024)
Did anyone attend AGM?
IEX tumbles on market coupling buzz (24-09-2024)
Indian Energy Exchange (IEX) slumped 10.30% to Rs 214.60, triggered by the media reports suggesting that the government is considering implementing market coupling for power exchanges in the country.
Goa Carbon jumps on resuming operations at Paradeep unit (24-09-2024)
Goa Carbon gained 2.03% to Rs 815.55 after the petrochemical company informed that it has resumed operations at its Paradeep unit in Udayabata, Jagatsinghpur, Odisha.
Godawari Power – Any Trackers? (24-09-2024)
What explains the rise in stock in last few trading sessions?
Prices of iron ore futures gained, as prospects of fresh Chinese monetary stimulus and lower inventories overshadowed concerns of the top consumer’s weakening domestic demand.
China’s central bank unveiled a broad package of monetary stimulus measures to revive the world’s second-largest economy, underscoring mounting alarm within Xi Jinping’s government over slowing growth and depressed investor confidence.
People’s Bank of China (PBOC) to cut Reserve Requirement Ratio (RRR) by -50 bps and to provide 1 trillion yuan in fresh new liquidity.
China to lower rates on existing home mortgages by around -50 bps.
Indian Energy Exchange Ltd leads losers in ‘A’ group (24-09-2024)
Fusion Micro Finance Ltd, Nava Ltd, SBFC Finance Ltd and Concord Biotech Ltd are among the other losers in the BSE’s ‘A’ group today, 24 September 2024.
GM Power freezes in 5% upper circuit, hits record high; Check details here (24-09-2024)
Brokerage firm Emkay cited GMR Power and Urban Infra’s improving debt metrics and core thermal assets nearing optimal performance as reasons to go bullish on the stock
Realty sector faces headwinds despite high demand: Jigar Mistry (24-09-2024)
But I think what is really transpiring within some of these spaces, people are trying to say, for example, some sectors in railways or some defence companies are now trying to price in possibly 2040s and the returns therein.