A total of 651,337 shares changed hands on the counter till 01:53PM (IST).
Posts tagged All News
Adani indictment: AAP demands Supreme Court scrutinised investigation against Gautam Adani (21-11-2024)
The Aam Admi Party called for the arrest of Gautam Adani and his nephew. They are also seeking the arrest of all involved officials. This follows an indictment by US prosecutors accusing Adani of bribery. Rahul Gandhi echoed these demands, calling for Adani’s arrest and a thorough investigation. He also criticised Prime Minister Modi for allegedly shielding Adani.
This microcap stock jumped 11% to 52-week high ahead of ex-dividend date (21-11-2024)
Premco Global has announced a special dividend of Rs 39 per share of Rs 10 each (390 per cent) for the financial year 2024-2025
Bank of Baroda stock price 3.41 per cent as Sensex (21-11-2024)
As of 30-Sep-2024, promoters held 63.97 per cent stake in the company, while FIIs held 9.87 per cent and domestic institutional investors had 8.81 per cent.
Sanghvi Movers (21-11-2024)
This company is at an interesting juncture now. A lot depends on how well they execute on their plans for KSA and the GCC region. It seems like the right strategic decision as competition in the crane business starts diluting their margins there (at least in the domestic business). Their focus on IPPs and prudence in managing receivables means they are unlikely to take on government contracts which is a good thing in terms of reducing exposure to working capital risks. However, EPC is a much more difficult business and they are new to this – remains to be seen how well they are able to execute. If they execute well with reasonable margins, it can be a much bigger growth driver.
Anything positive in terms of growth in the crane rental business will be an unexpected benefit as the market seems to have discounted that fully now. Probably rightly so, given what the management said about the on-ground execution delays and funding challenges.
“Polyplex Corporation “ Are Good Days Ahead? (21-11-2024)
However at a portfolio level, it seems they have allocated more money to Uflex vs Polyplex. Reason for this understanding of mine:
- Market Cap of Uflex > Polyplex
- Holding of First Water in Uflex > Polyplex
So when we take current market cap of uflex & polyplex and shareholding as of Sep 2024 (assuming more or less shareholding is same) … money invested in Uflex would be more than Polyplex.
Not sure how they would have aligned the portfolio between these two companies post analysing Q2FY2025 results and expectations here onwards.
PNB stock price 3.77 per cent as Sensex (21-11-2024)
As of 30-Sep-2024, promoters held 70.08 per cent stake in the company, while FIIs held 8.41 per cent and domestic institutional investors had 2.87 per cent.
Eicher Motors, HUL among 5 stocks with long unwinding (21-11-2024)
Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness.