Posts tagged All News
Mahanagar Gas Ltd – a natural monopoly (05-11-2024)
Thanks Vego for clarifying. 6.5 to 9 is 38% increase. So using your analogy there is rougly 314Cr increase in Purchase of Stock in Trade. Net Profit for Q2 was 283Cr. So entire profit may be wiped off if the increase is so much.
Record foreign investors’ exodus casts pall over Indian stock market (05-11-2024)
Global funds pulled out more than $10 billion on a net basis in October, helping drive the benchmark stock index toward a so-called technical correction
BCL Industries – Ethanol Pick (Capacity 3.5x in Next 2 Yrs) (05-11-2024)
Thanks for the insight into low input prices and how it helped in better PAT – i was wondering how they managed to do it when maize prices were more than Rs. 25/kg . That means Q3 could be very low profits. As prices have starter coming down in October that could be some relief. But i expect prices to come up again by Dec as more grain based ethanol capacity has been added.
Stock Market Live Updates: Stock to buy today: Angel One (₹2,886.35): BUY (05-11-2024)
Sensex, Nifty, Share Prices LIVE: The stock of Angel One has been in an uptrend since mid-August this year. Although the share price has decreased recently, this is just a correction within the uptrend. There is room to fall more from here. However, strong support is in the ₹2,720-₹2,680 region, which can halt the current fall. We expect the stock to reverse higher and resume the uptrend from this support zone. That leg of rally can take Angel One share price higher to ₹3,400 in a month or two.
Wall Street slips as uncertainty surrounds U.S. election (05-11-2024)
Some of the so-called “Trump trades” unwound after a recent poll showed Harris, the Democratic vice president, leading in Iowa, sparking a drop in the U.S. dollar, Treasury yields and bitcoin. Trump Media & Technology Group closed up 12.37%, bouncing back from early losses of nearly 6%.
GIFT Nifty down 55 points; here’s the trading setup for today’s session (05-11-2024)
The short-term trend of Nifty continues to be down and one may expect more weakness in the short term. The next crucial lower support to be watched is around 23,500, which is the 200-day EMA. Any bounce back from here could find strong resistance around the 24,200 levels, said Nagaraj Shetti of HDFC Securities.
Stocks in news: Titan, Dr Reddy’s, IRCTC, Embassy REIT, Afcons Infrastructure, Dixon Tech (05-11-2024)
Capital markets regulator Sebi on Monday directed Embassy Office Parks Management Services, the manager of Embassy REIT, to suspend its CEO Aravind Maiya.
Meta Permits Its A.I. Models to Be Used for U.S. Military Purposes (05-11-2024)
The shift in policy, covering government agencies and contractors working on national security, is intended to promote “responsible and ethical” innovations, the company said.
Mahanagar Gas Ltd – a natural monopoly (05-11-2024)
My mistake I took figures from Screener. in for quarter Sept 2024 ( 1313x 0.63= 827 cr), still percentage wise the calculation should hold, Correct me if I am mistaken !