Goodluck steel tubes got approval from Research Design and Standards Organisation (RDSO), Ministry of Railway, India for fabrication and supply of steel bridge girders.
Read more here.
Goodluck steel tubes got approval from Research Design and Standards Organisation (RDSO), Ministry of Railway, India for fabrication and supply of steel bridge girders.
Read more here.
On life time low…is it a good level for fresh entry. Pls suggest
I went through this and it looks like one of those too good to be true stories. The bulging receivables and inventories along with a dose of depreciation from renewables to avoid taxes an all too familiar story. Take a look at Shri Ganesh Jewellery House around 3/4 years back which ended by a defaulting client. My only advise is to be cautious and do your due diligence. By the way is there any reason for a promoter to dilute stake in a business with such great returns (debt would be far more cheaper than any OFS) ? Also make sure you understand the holding structure and non promoter holdings. Also take a look at the independent directors, are they really independent?
After Emkay securities, Karvy has initiated coverage on MPS which is good to know..
Attached here is the report for reference. MPS_KArvy_Dec21-2015.pdf (457.3 KB)
@Mahesh: Wonderful analysis as always…Do you perceive any impairment risks due to acquisitions either for MPS or competitors who are growing inorganically? Also if you had to put a thinking cap as management today; would you say that growth has to come only through inorganic way?
Regards
Sreekanth,
http://corporates.bseindia.com/xml-data/corpfiling/AttachLive/32A7D4F5_EEE2_4D83_9302_451AC279F821_194703.pdf
PI launches vibrant, an insecticide for rice/ paddy
electro therm is also made presentation on electric vehicles.
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Financials are back as an online spreadsheet. It’s got stock prices and financial data, enough to calculate P/E, Price-to-book, Price-to-FCF etc. You can click on the sheet, press Ctrl-A Ctrl-C to copy it, paste it into Excel and use your own formulae.
@tbhavesh: Grouping/clubbing investors is back. No more limits!
Down 8.5% today with huge volumes. Also interview of C Mithun Chand on Moneycontrol today:
Disclosure: Interested but not invested.
Please specify if the shares of the subsidiary are sold ( and if yes are they listed or unlisted ) or if the assets of the subsidiary is sold
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