Hey Bhupendra/community members , Any comments form last Con call for for next stage of top line growth. It seems they are struggling since last few quarters. The materiel cost is going down and the crude as well, which is good. However without sales growth, the price is difficult to move.
F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers (17-09-2024)
Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.
US rate cut may not move the needle much for Indian equities (17-09-2024)
Global markets are already showing some signs of fatigue and a 25-bp rate cut, already discounted in current valuations, may lead to a minor correction probably with a lag, they say
The Guardian in Talks to Sell The Observer to Tortoise Media (17-09-2024)
The Observer, first published in 1791, could be bought by Tortoise Media, an outlet founded by a British media veteran that began publishing in 2019.
Arkade Developers IPO gets subscribed 16.20 times on Day 2 of bidding (17-09-2024)
The initial public offer of Arkade Developers Ltd received 16.20 times subscription on the second day of bidding on Tuesday.
The initial share sale received bids for 38,51,04,390 shares against 2,37,75,719 shares on offer, as per NSE data.
The portion for non-institutional investors attracted 28.26 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 19.99 times. The quota for Qualified Institutional Buyers (QIBs) fetched 44 per cent subscription.
The initial public offer of Arkade Developers Ltd got fully subscribed on the first day of the share sale on Monday and ended the day with 5.79 times subscription.
Realty firm Arkade Developers Ltd has raised Rs 122.40 crore from anchor investors.
The company has fixed a price band of Rs 121-128 per share for its Rs 410-crore initial public offering.
The initial share sale will conclude on September 19.
The IPO is entirely a fresh issue of equity shares worth Rs 410 crore with no offer-for-sale (O
Enter momentum funds high-risk, high-reward strategy with 7-year horizon (17-09-2024)
“Factor investing is growing rapidly in India. Among factor funds, momentum is the largest and the most popular strategy,” says Pratik Oswal, chief of business, passive funds, Motilal Oswal AMC