I watched that interview, when the minister says one price I think he is talking about one price across all exchanges, that’s what market coupling will do.
Also, there is a chance that the consultation that he is referring to is the consultation that the CERC did with all the stakeholders, may be he is not aware of the outcome.
HPX will lobby hard, but seems like CERC has the best interest of all the stakeholders of the ecosystem. Nevertheless, owning a scrip like IEX is like the sword of Damocles hanging above your head, I am mitigating the risk by keeping the sizing small.
Posts tagged Value Pickr
Indian Energy Exchange (IEX) (18-01-2024)
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (18-01-2024)
Yes Ma’am. That’s what it appeared today. Increased my allocation today
Hi-Green Carbon Ltd – Play on Renewable energy endeavoring wealth from waste (18-01-2024)
If you read my opening statement of my original post… “Use of 1 ton of Hi-Green Carbon reduces 2 tons of Green House Gas (CO₂) emissions”.
Likewise, one delivered FTL of recovered carbon black avoids both the consumption of 68 tons of oil and reduces emissions by 57 tons of CO2.
Thus, I think the company name and their brand truly reflects the purpose of their existence i.e. contributing to green economy.
IDFC First Bank Limited (18-01-2024)
Once IDFC ltd and IDFC first is merged, then the merged entity will become large enough to afford this salary???
Speciality Restaurants (18-01-2024)
Request you to view consolidated results on screener. PAT is not right way to judge the company, as more restaurants opened, means more leases which leads to higher depreciation. EBITDA is the right way to look at it, where YoY margin has fallen from 24% to 20%. Revenue from operations has gone up 12% YoY, first time I have seen their quarterly sales exceed 115 cr. See the presentation uploaded in Apr 2023. I expect future prospects to be bright.
Disc- heavily invested in our family office at avg cost of 210 over last 1 week.
Screener.in: The destination for Intelligent Screening & Reporting in India (18-01-2024)
This information gets captured in the Notebook on the top right-hand corner of the screen.
Newgen Software (18-01-2024)
I would like to share my thoughts on the valuation bit – since the interest rates have increased the valuations took a big hit now. There is no way a company like Newgen can be valued at 20x their revenue. The best product companies at the median level are valued at 6x revenues – have a look at this blog for more information: Clouded Judgement 1.12.24 – Hard Truths – by Jamin Ball
IDFC First Bank Limited (18-01-2024)
Perhaps a more detailed reason b/h why Madhivanan Balakrishnan left IDFC First Bank.
Source: When bankers’ pay was brought under scrutiny, no one saw this coming | Mint
For instance, six months after he was promoted as executive director at IDFC First Bank Ltd, Madhivanan Balakrishnan stepped down in December. In his resignation letter, Balakrishnan, who joined IDFC First in 2019 as chief operating officer, said he plans to pursue an opportunity in healthcare that matches his long-term plans for his family and offers higher pay.
Two bankers aware of the matter said on condition of anonymity that RBI had approved his new salary with a 25-30% cut (from above ₹3 crore earlier) after he was elevated as whole-time director in June 2023. The central bank felt Balakrishnan was already drawing a high package based on his previous experience at ICICI Bank Ltd (where he was chief technology and digital officer), and IDFC First being a smaller bank could not pay as much, they said.
“The logic that RBI gave in Balakrishnan’s case was that IDFC First Bank was in the second cluster of banks. The regulator is doing benchmark comparison based on the size of banks,” the first banker said.
The issue gains importance because such oversight by RBI could lead to a talent crunch in the top management of private banks. “Balakrishnan’s exit has touched a raw nerve. The main question is, how to retain talent in banking if RBI continues to be so stringent with compensation,” said a former chief executive officer (CEO) of a private sector bank.
When contacted, Balakrishnan said, “The opportunity that I am exploring has a higher compensation, which would certainly be beneficial given the last few years of my career. But I would like to reiterate that the primary reason for moving out is the bigger entrepreneurial opportunities that could open up for me and my family.”
Tl;dr – Its money, and bank, despite its desire to retain, couldn’t do so because regulator (RBI) wouldn’t let it overpay to retain.
Hi-Green Carbon Ltd – Play on Renewable energy endeavoring wealth from waste (18-01-2024)
market perception i assume – imagine if they are called “radhe gree energy” sounds lala types
Rajoo Engineers Ltd – Mfg of Plastic Extrusion Machinery (18-01-2024)
anyone still tracking?