Consequently, the paid-up Equity Share Capital of the Company stands increased to 48,06,03,774 equity shares of Rs 10 each.
Buy Unlisted Shares (21-09-2024)
Current PE is 55 and with the IPO it will be further shoot up with equity dilution though they can use those funds to scale up. The risk is whether they can sustain these high growth rates for long period of time, there will also be pressure on margins with the falling price of solar panels and dumping from China and other competitors.
Tribunal rejects tax claim against RCom (21-09-2024)
The NCLAT has set aside a petition filed by the state tax department claiming dues from Reliance Communications (RCom) observing that it was based on the assessment made after the initiation of insolvency resolution process against the debt-ridden firm. A two-member NCLAT bench upheld the earlier order passed by the Mumbai bench of the National Company Law Tribunal (NCLT), which had rejected the state tax department’s second claim of Rs 6.10 crore. Corporate Insolvency Resolution Process (CIRP) against RCom was initiated on June 22, 2019. The state tax department had filed two claims.
We have to make Arvind Kejriwal CM again: Delhi Chief Minister Atishi (21-09-2024)
New Delhi Chief Minister Atishi has called for the re-election of Arvind Kejriwal in the upcoming February assembly elections. She emphasized that Kejriwal resigned to seek a certificate of honesty from Delhi’s citizens. Atishi warned that the BJP would halt free services if elected and expressed gratitude to Kejriwal for her appointment.
Simple Investing (21-09-2024)
I liked this philosophy. In fact, after reading “One Up on the Wall Street” multiple times, and doing some back testing on various stocks which I had invested or rather moved in and out based on valuations, I have realized that, if I could have stayed away from FOMO and would have invested in only those stocks which I understand well then also I could have achieved the same CAGR at portfolio level instead of buying some unknown businesses and closing the position in Loss since I was unable to bear the loss.
Sometimes, simple strategies can beat all kind of styles like Momentum, Low volatility indices and what not. These styles generally come after every 4-5 years and then disappear.
Simple Investing strategy can stay with you for much longer time with almost same results.
Simple Investing (21-09-2024)
I liked this philosophy. In fact, after reading “One Up on the Wall Street” multiple times, and doing some back testing on various stocks which I had invested or rather moved in and out based on valuations, I have realized that, if I could have stayed away from FOMO and would have invested in only those stocks which I understand well then also I could have achieved the same CAGR at portfolio level instead of buying some unknown businesses and closing the position in Loss since I was unable to bear the loss.
Sometimes, simple strategies can beat all kind of styles like Momentum, Low volatility indices and what not. These styles generally come after every 4-5 years and then disappear.
Simple Investing strategy can stay with you for much longer time with almost same results.
Radiant Cash Management Services – Asset Light Play On Cash Logistics (21-09-2024)
I have recently started tracking this company trying to analyse it better, however can someone tell me why are the OPM constantly taking a hit? Is the company trying to gain a higher market share at discounted prices??
Radiant Cash Management Services – Asset Light Play On Cash Logistics (21-09-2024)
I have recently started tracking this company trying to analyse it better, however can someone tell me why are the OPM constantly taking a hit? Is the company trying to gain a higher market share at discounted prices??