Rail Vikas Nigam (RVNL) advanced 2.06% to Rs 443 after the company received a letter of acceptance (LoA) for an Engineering, Procurement and Construction (EPC) contract worth Rs 625.08 crore from South Central Railway.
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Annapurna Swadisht Ltd – A Swadisht FMCG investment? (27-11-2024)
https://www.screener.in/people/679/ajay-upadhyaya/
Ajay Upadhyaya is a HNI investor in the same and recently 1-2 FII also entered. Assuming they have done basic diligence and should know more.
Volumes spurt at ZF Commercial Vehicle Control System India Ltd counter (27-11-2024)
ZF Commercial Vehicle Control System India Ltd notched up volume of 1.45 lakh shares by 10:47 IST on BSE, a 429.56 fold spurt over two-week average daily volume of 337 shares
REC share price 0.58 per cent (27-11-2024)
A total of 61,371 shares changed hands on the counter till 10:59AM (IST).
Stock market update: Stocks that hit 52-week lows on NSE (27-11-2024)
Bharti Airtel, UltraTech Cem., Britannia, IndusInd Bank and Cipla were among the top losers on NSE.
Aditya Birla Capital – A complete Financial Inclusion (27-11-2024)
Your conviction in this seems to be a solid one.
Since last week, I am going through their some of recent concall transcript & investor presentations.
Some of the key points observed:
- Catalyst for Growth coming from two verticals mainly i.e. NBFC & HFC
- AMC stake, seems more of a liquid cash position – which can be used to encash when cash is needed to support growth of NBFC & HFC (to augment capital base)
- Insurance business can be listed in few years down the line (like edelweiss has communicated recently)
- ARC & Money (broking biz) does not seems to be focus area.
With above in mind; Growth, profitability, NPA levels, credit cost, regulatory environment, underlying economic conditions and investor sentiments around NBFC & HFC will ultimately determine the price movement in ABC share price.
Would be glad to learn & understand more details about your (or other fellow VP members) solid conviction either in favor (or against) ABC.
Disc: Not yet invested in ABC, but holding 7% of PF in Edelweiss.
UPL Ltd – global agrochemical company (27-11-2024)
I was seeking some guidance to understand what’s the most effective way of utilizing the upcoming Rights Entitlement (RE) for UPL.
Supposedly if someone owns 80 shares of UPL then with 1:8 ratio they will be entitled for 8 RE shares and basis their holding average, they can decide whether to encash the REs during trading days or use them to receive additional shares at lower price.
What would be the short term and long term scenario for an investor and trader both with the current market price? Can someone please throw some light?
Thank you!
Adani group shares surged up to 6% today; here’s what triggered the rally (27-11-2024)
Adani Green Energy clarified today that allegations against Gautam Adani, Sagar Adani, and senior executive Vneet Jaain under the US FCPA by the US Department of Justice are “incorrect.”
Andhra Dy CM Pawan Kalyan calls for unity to condemn Bangladesh ISKCON priest’s arrest (27-11-2024)
Andhra Pradesh Deputy Chief Minister Pawan Kalyan called for unity against the alleged arrest of an ISKCON priest in Bangladesh. He urged interim leader Muhammad Yunus to intervene and stop the “atrocities on Hindus.” Kalyan highlighted India’s sacrifices in Bangladesh’s formation and expressed concern over the targeting of Hindus, seeking UN intervention.
PI Industries shares 0.59% as Sensex falls (27-11-2024)
The stock quoted a 52-week high of Rs 4801.40 and a 52-week low of Rs 3060.00.