#emslimited
EMS Ltd. has been awarded the Lowest Bidder (L-1) status by UP Jal Nigam (Urban).
The order value (excluding GST) is approx. โน9879.72 lakhs. The project involves surveying, soil investigation, design, and supply for the Nagar Nigam Ayodhya Sewerage Scheme.
One positive outcome of this market decline is that many business owners who had shifted their focus to investing will now return to strengthen their own businesses. This renewed attention on innovation and growth can ultimately contribute to a healthier economy. ๐
What do you do when you own a stock and someone sends you a SELL report with "77% downside"?
You check to see what they've said earlier. Case in point: Mazgaon Dock (we own this)
ICICI sec puts out a sell rating saying boss stock will fall to 1165 (77% down from 5000)
๐ Notes | 16th Aug 2024
1. Nifty surged by 1.65%, led by strong performances in IT & realty sectors.
2. Global markets were positive, with US indices Dow Jones (+1.39%) and Nasdaq (+2.34%) leading the gains.
3. JSW Group - JSW Cement has reportedly filed for an IPO.
6. Aurobindo Pharma - Subsidiary Eugia Pharma Specialities received a warning letter from the US FDA related to its formulations manufacturing unit in Telangana.
7. M&M - Launched a 5-door SUV 'Thar ROXX'.
4. Escorts Kubota - Has submitted an 'investment intent' to the UP government, planning an investment of around Rs 4,500 cr in phases.
5. Adani Power - Co will continue to supply power to Bangladesh from its Jharkhand plant.
4. Ola Electric - quarterly net loss rose 29.96% to Rs 347 cr.
5. Genesys - Q1 revenue grew by 61% YoY & EBITDA grew by 224% on a consolidated basis
6. Overall market did not show strength today wither. Signs of weakness continues
๐ Notes | 14th Aug 2024
Thread ๐งต๐๐ป
1. Nifty 50 - Slight gain of 0.02%, closing at 24,143.75. Sensex up by 0.19%
2. HAL - Net profit surged 76.50% YoY to Rs 1,437.16 cr in Q1
3. Mazagon Dock Shipbuilders - Q1 net profit soared 121.45% to Rs 696.10 cr. & sales up by 8% YoY
๐ Notes | 14th Aug 2024
Thread ๐งต๐๐ป
1. Nifty 50 - Slight gain of 0.02%, closing at 24,143.75. Sensex up by 0.19%.
2. HAL - Net profit surged 76.50% YoY to Rs 1,437.16 cr in Q1.
3. Mazagon Dock Shipbuilders - Q1 net profit soared 121.45% to Rs 696.10 cr. & sales up by 8% YoY
๐ Notes | 13th Aug 2024
1. Aarti Industries - Dropped over 15% as it dropped the EBITDA guidance of Rs 1450-1700 cr for FY25 considering the volatile environment & competition from China
2. DOWJ, NASDAQ - Up by 1.05% & 1.7% respectively.
3. Majority cos today were in pressure
#AMARAJABAT
Amara Raja Batteries
Impressive #Q1FY25 results! ๐๐ฅ
Highest ever revenue, PBT, and PAT in any quarter in company's history.
Strong YoY and QoQ Growth
PAT up 25.61% YoY & Revenue grew by 16.77% YoY