Indiabulls Housing – A compounder from here? (23-09-2024)
Expecting gearing to be 1.5-1.6, ROE to be below 12% for next 3 years, future 3 profits and any sell down of legacy loans to counter the writeoffs of legacy loans. ( this will be off PNL) like they have been doing.
M not focussed on what revenue it will make, i am more focussed on how book will be cleaned. Because thats where profitability metrics will change… It needs 3 years to do all of this.
I doubt investors today in this market has that much patience.
4 lakh people join BJP’s Tripura unit : CM Manik Saha (23-09-2024)
Chief Minister Manik Saha has congratulated the people of Tripura for joining the BJP membership drive, which has seen over 400,000 new members since September 3. Union Minister Sarbananda Sonowal also addressed meetings in Dhemaji and Lakhimpur, urging people to follow PM Narendra Modi’s roadmap of service to society and the nation.
F&O Ban List: Granules India, SAIL among 11 stocks under trade ban on Monday (23-09-2024)
Eleven stocks, including Aarti Industries and Biocon, are under F&O trade ban as their open interest crossed 95% of market-wide positions limits. The ban will be lifted if open interest falls below 80%. Indian headline indices hit record highs, driven by ICICI Bank and HDFC Bank amid positive global cues and US Fed’s monetary easing policy.