Oman India Joint Investment Fund’s arm on Monday sold shares of jewellery retail major Senco Gold for over Rs 75 crore through an open market transaction while ICICI Prudential Life Insurance picked up a stake in the company.
Oman India Investment Fund sells shares worth Rs 75 cr in Senco Gold (23-09-2024)
Oman India Joint Investment Fund’s arm on Monday sold shares of jewellery retail major Senco Gold for over Rs 75 crore through an open market transaction while ICICI Prudential Life Insurance picked up a stake in the company.
SC refuses to interfere in Linde India’s valuation amid related-party transaction scrutiny (23-09-2024)
The Supreme Court refused to interfere with the valuation exercise being conducted on Linde India by an NSE-appointed valuer in connection with a related-party transactions case. The SAT had earlier dismissed the company’s plea against the valuation exercise.
Waaree Energies, Mobikwik Systems get SEBI nod for IPO (23-09-2024)
While Waaree Energies will tap the market to mop-up ₹3,000 crore, Mobikwik Systems, a business payments network plans to raise ₹700 crore
Anant Raj Limited (23-09-2024)
Key Points from Latest exchange filing:
- Award: Anant Raj Cloud won ‘Best Innovation in Data Center Design and Infrastructure’ at the 2024 Data Center Innovation Excellence Awards.
- Event: Ceremony held at the Data Center & Infrastructure Summit in Hyderabad on September 20.
- Market Growth: India is a rapidly growing data center market, projected to grow at 18% CAGR from 2024 to 2029.
- Capacity Demand: India consumes 30% of global data but has only 3% of global data center capacity.
- Investment: Over Rs 10,000 crore to develop 307 MW of capacity in Manesar, Rai, and Panchkula; 6 MW operational now.
- New Platform: Launching “Ashok Cloud” with Orange Business for Government Community Cloud needs.
Disclosure: Invested and Biased.
Macpower CNC Machines: Manufacturing a Strong Growth? (23-09-2024)
Hi everyone, have made a video on Analysis of Macpower This is the first time I’ve made a video on a stock. An elementary effort. Would love to know if it adds any value to the thread, else will take it down after 24 hours.
A Small Cap Company ready to take advantage of Manufacturing Boom #stockanalysis #smallcapstocks
Note: Invested in the stock
NPST – Technology Provider for UPI Tech (23-09-2024)
The revenue growth is going to come from adding new products as well. If we take a look at the concall of Q1 FY23 then management has guided thar there are 70 products which will be live in next few years from the 11 which was till Q1 FY23.
I believe its not just the UPI transactions which will drive the growth but new products also will be contributing in the growth.
Disc: Invested