In addition to upcoming IPOs, 14 companies, including Arkade Developers, Northern Arc Capital, and Western Carriers, are set to list after successful IPOs. The Indian IPO market looks positive, with projections of over Rs 1.5 lakh crore being raised in the next year, indicating strong investor appetite.
Atishi takes over as Delhi’s eighth CM, succeeding Arvind Kejriwal (21-09-2024)
Atishi oath ceremony: Atishi has been sworn in as Delhi’s new Chief Minister, leading the Aam Aadmi Party government until February 2025. She succeeds Arvind Kejriwal, who resigned following a corruption case. Atishi, an Oxford graduate and former education adviser, will focus on pending welfare schemes and upcoming assembly elections.
Glenmark Pharma’s Maharashtra facility clears USFDA inspection (21-09-2024)
Glenmark Pharmaceuticals has announced that its formulation manufacturing facility located in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra, has successfully cleared the US Food and Drug Administration (USFDA) inspection with zero observations
Sahil’s Portfolio (21-09-2024)
Great Write-Up, its not conventional thinking but somebody needs to say it.
Nazara Technologies (21-09-2024)
Yes Nodwin too. Until now It has not been performing EBITDA wise due to some media rights issues. This can become huge as the Indian market is huge and they have the biggest market share by far. I agree on your part about retention requirement. We see a fall for Kiddopia which the company desperately needs to fix.
Lotus Chocolate Company: A Tasty Affair (21-09-2024)
Hi Mohit,
- Lotus does not sell Cocoa. Cocoa is processed to make something called “crumb”. Crumb is mixed with other ingredients to make chocolate.
- Amul chocolate is highly compound in nature and that is why they can sell it at throw away prices. Pls do try Amul Dark vs Bournville vs Galaxy Fusions Dark – you will be able to tell the difference. Only Mondelez & Mars sell pure chocolate which is not discreetly called out anywhere because that’s not how they want to market it, instead, they choose to talk about the superiority of experience that the product delivers. Cadbury Silk & Galaxy chocolates are pure chocolates.
- Amul is not growing faster than dairy milk. Infact Amul is losing share.
- This is the biggest myth that quality of ingredients are inferior in India – no they are not , like I said cocoa/crumb is sourced from a central location so that can’t be different. What is different is the quantum of chocolate + cocoa liquor + cocoa solids depending on price points. Rs 10 will have different recipe vs Rs 50 so that margin profile can be maintained and companies can unlock penetration at compelling price points . What is different (may not be necessarily inferior) is ofcourse the other ingredients like sugar, veg fat etc which are sourced locally. Mondelez may be procuring sugar from dhampur in India and British sugar in UK so subtle difference in taste can be attributed to this.
Hope this clarifies.
SBI among top 10 stock picks from Axis Securities with upside potential of up to 42% (21-09-2024)
Analysts predict a surge in Foreign Portfolio Investment (FPI) inflows, driven by recent positive developments. This could further fuel the current rise in large-cap investments, potentially leading to their outperformance compared to other market segments.
Dalal Street Week Ahead: Nifty’s winning streak continues, but resistance looms (21-09-2024)
The Nifty continues its upward trajectory, reaching new all-time highs. However, caution is advised as potential resistance and consolidation lie ahead. While the broader market remains bullish, investors should focus on strategic sector rotation and profit protection, avoiding chasing the rally. Relative Rotation Graphs (RRG) offer insights into sectors likely to outperform or underperform in the coming week.
Rudra’s PF and Information attic (21-09-2024)
Pharma as a sector is seeing strong traction in the last few months and prices although high are still not exorbitant compared to F26E and F27E earnings
