Opposition MPs have clashed with the chairman of a parliamentary committee examining the Waqf (Amendment) Bill, accusing him of pushing ahead with state visits despite a lack of quorum and disregarding their concerns raised with the Lok Sabha Speaker.
Posts tagged All News
Olectra Greentech – Electric Bus Opportunity (10-11-2024)
For Olectra, order book has not grown much because they’re fully blocked for the next 2 years I think. With current capacity of 2,500 e-buses expanding to 5,000 e-buses per annum at the end of the year – it will take them atleast 2 years to completely fullfil the orders. Some orders are also blocked because the STUs have not installed the infrastructure / charging stations required. A penalty of 2.2 Cr was levied on Olectra for delay in order execution for which they are in talks to waive it off.
For JBM – the management doesn’t release quarterly earnings transcripts. I’m not sure if they have quarterly calls with investors as well. The information is very limited, but their e-bus segment is doing really well. The valuations are very expensive for an entry point.
Tata does report EV numbers, you can find it in their quarterly PPT.
The future is very bright for this sector and Government schemes like PM E-drive and PM e-Bus Sewa indicate that the GoI is very serious about the electrification of public transport. So, if you’re invested in key players for the next 7-10 years – the probability of you making money is very high.
The Anti-Portfolio (10-11-2024)
Thanks Vikas lot the update.
Just wanted to know your sudden exit from Time Technoplast. Company taking aggressive moves like it’s recent amalgamation with a lead acid battery company.
Also please share the rational behind the entry in the already run richly valued Shakti Pumps stock.
Thanks & Regards.
Hitesh portfolio (10-11-2024)
@hitesh2710 Hitesh Sir, eager to know your views on EV sector related stocks. Stocks like Olectra Greentech & JBM Auto ( both related to EV buses mfg ) are not moving at all in last 6 months.
Is the steam over in this sector or it will rebound with time.
Thanks & Regards.
Voltamp Transformers (10-11-2024)
SOIC’s observations