If you add the spectrum payouts also, the number goes up to a much higher number. So, the company has given these numbers. It would be around Rs 27,000-28,000 crores in FY26. And from FY27 onwards, it would be around Rs 41,000-42,000 crores. So, these are pretty big numbers. And a favourable outcome would have reduced these numbers by around Rs 8,000 crores.
Sensex at record high but retail investors frowning after Fed rate cut. Here’s why (19-09-2024)
The US Federal Reserve’s first rate cut since 2020 has shifted investor interest towards largecaps, with foreign inflows expected to rise in emerging markets like India. While Sensex and Nifty hit new peaks, midcaps and smallcaps faced selling pressure. Retail investors’ portfolios were impacted, and market capitalization fell by over Rs 3 lakh crore.
HAL shares slump over 5% even amid overall bullish market sentiments (19-09-2024)
HAL Share Price: Shares of Hindustan Aeronautics Ltd fell over 5% despite strong market sentiments, following a significant Rs 26,000 crore defense deal. Analysts expect continued growth amid supply chain challenges.
“Kothari Petrochemicals: From Poly to Power – Shaping Tomorrow’s Petrochemical Landscape” (19-09-2024)
Hey insiderTrader,
Great analysis. Kothari has been on my watchlist for sometime now. I tried carrying out scuttlebutt also by asking some of my friends in the chemicals business about the company and they said it looked decent.
However, one question holds me back from investing big in the company: We know that Kothari Petrochemicals (KP) buys around 70% of their feedstock from Reliance and around 30% from CPCL. We also know that their customer concentration is relatively high, with their top 5 customers accounting for close to 50% of revenue. So KP seems to be a middleman prone to getting squeezed from both sides. I can’t comment on their customers, but we all know that Reliance is a hawk when it comes to business moves. Don’t you think that as soon as KP proves making PIB is an attractive business with great margins, Reliance can swoop in and either expand their own capabilities to make PIB, or start a competing company to KP to make PIB and stop sending raw material to KP?
That would put KP in a difficult spot correct?
New client additions to turbocharge Dixon growth (19-09-2024)
The news of Dixon Technologies (India)’s tie-up with HP in addition to its existing Lenovo and Acer partnerships has led to a 5 per cent stock uptick since the start of the week. Dixon can target roughly 60 per cent of India’s addressable IT hardware market with these contracts. Dixon targets Rs 48,000 crore in revenue from IT hardware under the PLI scheme over the next six years.
Lupin share price down 3.3 per cent (19-09-2024)
A total of 18,401 shares changed hands on the counter till 02:10PM (IST).