Anyone who wants to scuttlebutt on Polymatech Ltd. Here is the employee count of Polymatech according to EPFO data-
Disclaimer: Exited last month (biased opinion)
Anyone who wants to scuttlebutt on Polymatech Ltd. Here is the employee count of Polymatech according to EPFO data-
Disclaimer: Exited last month (biased opinion)
Agree in voting against the resolution! Since they got listed 5 years ago @ INR 520 they’ve hardly generated the results enough to beat the broader indices, neither extravagant dividend. So what are the investors getting out of the merger?! Also defeats the purpose of getting listed, if in 5 years they are folding the tent!
Took a position in CSK!
Continue to explore NSE, felt prices have cooled down a bit and will continue to do so in the short term. +/- 5 to10% is name of the game.
About loan from promoters and debt from 22:10 – i don’t think it’s a red flag Ankita mam, usually promoters charge interest on loans… also most of it went into growth, they have plans to convert this debt into equity in the next 3 years… in my view it shows the aggression of promoters to grow the business
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Before we discuss on Hydrogen vs EV , Let me explain about Cummins as a company as there is a lot of confusion I’m the market place.
Cummins Inc is a US Based company+ world leader diesel engine manufacturing now diversifying in to Hydrogen engines. They have been working on Hydrogen engines sin e last 10 years and They have been displaying powered by Cummins hydrogen engine in various Motor shows in india and abroad since last 4-5 years.
In India, we have Cummins India-a subsidiary company of Cummins Inc. Cummins India makes engines mainly Gen sets and other stationary applications.
Tata Cummins is a 50:50 joint venture between Tata motors and Cummins Inc to make engines for Automotive applications mainly to cater to Tata Motors requirement.
So , in India Cummins India is a listed company and Tata Cummins is not a listed company yet.
So , Cummins Inc is bringing hydrogen ICE through Tata Cummins and not through Cummins india.
Now coming back to your various questions that you have asked;
(1) Why talk about Hydrogen ICE from Tata Cummins only , every automotive manufacturer in indis is seriously working on Hydrogen vehicles both ICE and FCEV.
(2) In my view , Hydrogen ICE will come first commercially due to its simplicity- thanks to more than 200 years old IC engine platform.
(3) FCEV seems a bit far-fetched in near future due to high cost and a bit of complexity.
(4) The main plus point for hydrogen vehicle is the Range – it can carry Hydrogen a tank as a liquid under 500- 700 bar pressure and can run up to 1000 kms in one fill in line with diesel vehicles
(5) EV has a poor range and would be limited to city / town application where charging points are available. Charging points all across high ways will take time.
(6).EV will remain popular as city driven cars and 2 wheelers and Hydrogen will become popular along high ways if long distance to be covered – for Trucks , buses and taxis and cars meant to be driven for long distance. However when hydrogen cars are made available, some EV car owners would like to switch to hydrogen cars.
(7) Due To long range of hydrogen vehicles , fewer filling stations are required Hydrogen filling stations currently is a bottleneck , but being planned in a big way.
(8)!So , as you have said rightly , it would be a disruption going ahead – it depends how soon Hydrogen filling stations are made available Hydrogen can also be carried in pipe lines from production.point to filling stations like CNG. Hydrogen can also be carried in tankers like diesel petrol… cryogenic tank… technology is available in India
(9) your question on power range of cumlins- currently they have power range from 180 HP to 400 HP. Below 100 hp , they may have for genset / marine applications.
(10) It is true that for the time being all formats – will coexists together – EV, hybrids , diesel , petrol , hybrids, CNG , LNG , CBG , Ethanol, methanol., biodiesel.
(11) The most intersting thing is that except EV, all other formats will use the same iC engine platform.
But why would someone do so , it’s not like the assets would be liquidated , SCILAL is not even a business except for the maritime institute. People were really eager about the privatization also but when I look at the bidders the two top most interested parties are Megha Engineering , Vedanta . Not many would like to hold company held by those promoters. To add to that what SCI is left to offer for the acquirer is an old fleet of ships which can be acquired in the open market also why would someone take the burden of bearing rentals of emplyees in Mumbai. The earnings have been muted for SCI from past 2-3 quarters as against better shipping companies like Great Eastern . Disappointed with having taken this technical bet on SCI , smart people took an exit at ATH
Have been thinking about this for sometime from a open range perspective.
ICE has been dominant form for a century for mass market cars and trucks.
The next 2-5 decades will splinter on engine and powertrain,
ICE+ Pure Ev + Hybrids + Hydrogen(some form of it).
No engine format will be dominant. So companies will choose their JV’s and their suppliers.
For eg: Toyata = Bet on Hybrids + Hydrogen
Tesla & BYD – Electric
VW/ Merc / BMW: They are reviewing all options given lack of EV penetration outside China despite Billions of investments and government subsidies.
I honestly believe bet here is companies like Bosch/Magna/select OEM over Engine and Powertrain Suppliers.
This stock currently trades at Rs.38.1 as of today, it on LC with 72L sell qty want to buy?
https://www.nseindia.com/get-quotes/equity?symbol=SCILAL
Further they declared their FY24 Q3 results c21e068e-bc05-4d8a-abf3-cec9a59b5152.pdf (bseindia.com)
Training Institute is in losses. Rentals are a good 20Cr/qtr or 80Cr/yr. EPS will be around Rs.1.
Yes. Operator assumes zero financial risk. Will be paid for O&M as per Contract.
So now query is who will be the operators. That may be better option.
Does Thermax, operate plants or is it just a EPC and Design Firm.
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