This hotel will feature 40 well-appointed rooms, two restaurants, a meeting room, and a fitness center.
Indices end at new peak; Nifty tops 25,750; Sensex breaches 84k (20-09-2024)
The domestic equity indices ended at a record high level on Friday, rising for the second day in a row. The Nifty closed above the 25,750 mark. Barring the Nifty PSU Bank index, all the other sectoral indices on the NSE ended in the green.
Shivam27’s Portfolio and Investment Journal (20-09-2024)
Regarding Azad, I have reservations about their capabilities and promises.
I checked the KMPs, effectively there is only one mechanical engineer, others from sales, finance, arts, and a CNC operator as a head of engineering and operations (no offense).
I have a PhD in aerospace engineering and have spent my time in turbomachine design and research. I can say with experience that building/even assembling a complex gas turbine engine takes a lot of experience, expertise, able people, etc even to make the best of the components.
I fail to see the evidence (pictures, videos, build plans, etc.) required for assembling engines in the public domain.
Regarding the finances, apart from nosebleed valuations, as others pointed out, there are big red flags in cash flows and inventory days (1055 days) and high WC.
Maybe I could be wrong.
Disc.: not invested.
Lemon Tree Hotels expands footprint with properties in Srinagar, Mussoorie, and Vijayawada (20-09-2024)
Stocks trade flat on NSE
Chinese shares struggle after PBoC hold rates (20-09-2024)
China retained its benchmark lending rates on Friday even after the US Federal Reserve reduced its rate by a sharper-than-expected half a percentage point this week.
Market Wrap: D-Street smashes fresh lifetime high; Sensex closes above 84,540, Nifty just shy of 25,800 (20-09-2024)
Indian headline indices smashed fresh record highs on Friday catapulted by heavyweights ICICI Bank and HDFC bank which had the biggest contribution to the respective index. They took positive cues from global and Asian markets amid the onset of a monetary easing policy by the US Fed.
Asian stocks close higher after central banks policy moves, Nikkei ends 1.67% higher (20-09-2024)
Tokai Carbon, Resonac Holding Corp, Kawasaki Heavy Industries, Tokyo Electron, Fujikura, Mitsui, Fast Retailing, Furukawa Electric, Fanuc Corp, Sumco Corp and Mitsubishi UFJ Financial were among the major gainers in the Japanese market.
Jammu-Kashmir Polls: BJP Hits Rahul-Omar Says, ‘Cong-NC Balle-Balle In Pak’ | Watch Now (20-09-2024)
EID Parry (India) allots 15,084 equity shares under ESOP (20-09-2024)
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