Posts tagged All News
Shriram AMC – Waking up after a hibernation. Mcap 300cr (05-11-2024)
Hi. All your arguments are justified. Have addressed all these issues in my previous comments on 8th April and shared my view on why 500crs for a AMC + PMS biz is very cheap. Pls go through the comments once.
Start-up was in the sense that it just had 8 employees since 1990’s and now from last year have start recruiting. From 8 employees in Sep 2022 to 70 employees in Sep 2024. Most of these employees would be recruited for back-end/ systems. Its at initial phase of scale up and will take time. It has no innovative product yet…
Shriram brand is obviously not associated in the MF industry. Thats where the optionality lies and hence it just trades at 500crs valuation 
Shyam Metalics commissions new blast furnace and sinter plant at Jamuria unit (05-11-2024)
Shyam Metalics & Energy has officially commissioned a new blast furnace and launched a sinter plant at its Jamuria facility. With an investment of Rs. 600 crore, this significant new development aims to expand production capabilities to meet the growing demand for high-quality steel products across various industries.
Shaily Engineering Plastic (05-11-2024)
To be frank, I was unable to find the same. I asked a few analysts ( over Wassup ) who were present on the company’s concall. They gave me this figure of Rs 200 / pen
Govt to sell up to 2.5% stake in Hindustan Zinc through OFS (05-11-2024)
The union government on Tuesday proposed to sell up to 2.5% stake in Hindustan Zinc through an offer for sale (OFS), which opens on November 6. The floor price for the same is fixed at Rs 505 apiece, which is nearly 10% discount to the current market price.
GAIL Q2 Results: PAT rises 11% YoY to Rs 2,672 crore (05-11-2024)
GAIL reported an 11% increase in standalone net profit for Q2 FY25, reaching Rs 2,672 crore. Revenue from operations saw a 3% rise, reaching Rs 32,931 crore. The company achieved an EBITDA of Rs 3,937 crore with margins at 11.6%. GAIL recorded its highest-ever half-yearly EBITDA, PBT, and PAT in H1 FY25.
JSW Steel records consolidated crude steel production of 22.81 lakh tonne for Oct’24 (05-11-2024)
JSW Steel reported consolidated Crude Steel production for the month of October’24 at 22.81 Lakh tonnes.
Route Mobile – Billeasy launch RCS-based ticketing and Google Wallet services for L&T Metro Rail Hyderabad commuters (05-11-2024)
Route Mobile has partnered with Billeasy E Solutions (Billeasy), a Mumbai-based integration partner, to launch a unique ticketing experience for the L&T Metro Rail Hyderabad commuters. This initiative leverages Rich Communication Services (RCS) and Google Wallet services to enable commuters to easily book e-tickets, save them in Google Wallet, and access them across multiple channels. This innovative solution streamlines the metro ticketing process, providing commuters with more convenient and efficient journeys.