Patel Engineering advanced 1.53% to Rs 58.45 after the company announced that it has been declared as lowest bidder (L1) for a hydropower project of Rs 240.02 crore from NHPC.
JSW MG to launch 4 luxury cars (20-09-2024)
The first luxury car will be launched in the first quarter of 2025 and the company is planning to open 12 ‘MG Select’ showrooms in the next six months.
Poly Medicure Ltd leads losers in ‘A’ group (20-09-2024)
K E C International Ltd, TCI Express Ltd, Finolex Industries Ltd and Kalpataru Projects International Ltd are among the other losers in the BSE’s ‘A’ group today, 20 September 2024.
Basilic Fly Studio Ltd (20-09-2024)
Establishment of National Centre of Excellence (NCoE) for animation, visual effects, gaming, comics and extended reality (AVGC-XR).
This will build eco system for VFX, Animation. Industry size is India going to increase significantly.
Nothing directly related to Basilic Fly Studio.
D: Invested
Valiant Organics – High ROCE, debt free (20-09-2024)
Interesting new blog post on valiant-
Technically stock seems to have bottomed out –
Largecaps showing better risk-reward potential compared to midcaps and smallcaps: Harshad Patwardhan (20-09-2024)
It is best as far as banking is concerned. Credit cost will probably normalise, NIMs will probably are also past their best, so that is the problem. I agree that valuations look far attractive compared to history in many cases, but banking is where we are sort of I would say more negative. NBFCs actually will get more interesting as the rate cut cycle begins.
Crypto Price Today: Bitcoin surges over 2%, breaches $63,500 mark on Fed rate trigger. Avalanche top gainer at 9% (20-09-2024)
Cryptocurrencies continued their rally for the second day following the Fed’s rate cut. Bitcoin and Ethereum led the gains, with Avalanche surging 9%. The broader market also saw significant gains. Experts see further gains in the Q4 period.
Rossell India Ltd leads losers in ‘B’ group (20-09-2024)
Sadhana Nitro Chem Ltd, Bharat Rasayan Ltd, Saksoft Ltd and Veeram Securities Ltd are among the other losers in the BSE’s ‘B’ group today, 20 September 2024.