This is the office of the Bombay Municipal Corporation. The foundation stone of this magnificient building was laid on December 9, 1884, by the Viceroy, Lord Ripon. The Gothic design by F. W. Stevens was selected over the Indo-Saracenic design submitted by R. F. Chisholm. Completed in 1893, the building has a 255 feet tall tower.
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- Prashant Jain's 3P Fund & Vikas Khemani's Carnelian Fund have invested in Interarch Building ProductPrashant Jain's 3P Fund & Vikas Khemani's Carnelian Fund have invested in newly listed Interarch Building Products. IPO was at ₹900. M-Cap is ₹2500 Cr. Promoters hold 53%. Co provides turnkey pre-engineered steel buildings. Order Book is ₹1350 Cr. Demand is growing due to PMAY-U and other Govt schemes etc
- IREDA is a good buy for target price of ₹280 (25% upside)IREDA's business growth & margins are aided by Govt’s focus on renewable sector. Foray in retail segment is aiding delivery of steady return ratio on a sustained basis. Capital raising of ₹4500 Cr will aid future growth & is book accretive. TP ₹280 (25%)
- Vikas Khemani is "highly bullish" on the IT sectorVikas Khemani says he is "highly bullish" on the IT sector & that it is one of the "best opportunities"to benefit from the US interest rate cycle. BFSI spending is picking up in the US. Tier 1 cos are reporting robust growth. His Fund holds Newgen Software
Recent Posts
- IREDA’s healthy growth momentum to aid valuation. Buy for target price of ₹280 (25% upside): ICICI Direct
- Oil India is a strong conviction BUY. Buy for target price of ₹720 (25% upside): Motilal Oswal
- Avalon Technologies stands out in the EMS landscape as the only player with a significant manufacturing presence in the US. Buy for TP ₹690 (26% upside): Motilal Oswal
- Hyundai Motors India is a credible play on tangible growth story in PV space. Subscribe to the IPO: ICICI Direct
- JTL Industries Ltd’s Capex to stimulate growth; value-addition to aid margins. Buy for target price of ₹294 (37.6% upside): SMIFS
Recent Comments
- anil on Ace Stock Picker Maheen Rahman Recommends Mega Multibagger Stocks Which Will Be “Next HDFC Bank, Kotak Bank”
- Shaileshbhai Rajwadi on Kenneth Andrade reveals his latest stock picks & strategy for 2024. He is very bullish about Pharma, Liquor and Metal stocks but is avoiding banking stocks
- Surineni Sudhakar on Sunil Singhania’s (Abakkus) purchase of 6.7% of Shriram Pistons appears to be because of its EV prospects
- Anil on Prashant Jain has invested in a portfolio of promising small and nano-cap stocks from different sectors.
- Anil on Prashant Jain has invested in a portfolio of promising small and nano-cap stocks from different sectors.
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