This is massive announcement coming!! This cloud benefit companies with a US units to a good extent π₯π
#StockMarketIndia#StocksInFocus
https://t.co/u0OnPrPdjE
βΉ weakening against π° !
US 10yr bond yield towards ATH
Both indicating economic challenges & especially inflation π Prepare urself for some good consolidation ahead a
& deploy cash in SIP mode in dips
Remember nobody knows wr d bottom isπ
#stockmarketscrash#stockmarketsindia
When #USDINR is strong & rising (INR is weakening) market is usually in consolidation or correction
When #USDINR peaks market finds bottom & starts new bullrun
In a business earnings matter the MOST so as an investor!
Price movement is a byproduct of earnings (execution) and future growth potential (Plan) rest all are noise.
#InvestInTheFuture#InvestingGoals#StocksToBuy
FII/DII activity & the US market says something else!
Looks like only retail is scared of the new virus in China π€ ππ
Pick your bets wisely select your holdings which are down by 20-30% from their highs without much reason.
#StocksToBuy#stockmarketsindia#stockmarketscrash
Balu forge excellent result published for Q3FY24.
#Resultupdate#Q3FY24#Baluforge
Revenue up Y0Y ~ 65%
PBT up Y0Y ~ 89%
PAT up Y0Y ~ 95%
EPS up Y0Y~ 89% ππππ₯
π€ High potential solid growth π stock πππ₯π₯ππ
To counter the Chinese intervention in Surveillance Cameras, The government has amended the compulsory registration order for CCTV cameras sold in India to make testing of their 'essential security parameters' mandatory.
Securing a CCTV (Closed-Circuit Television) system is crucial to protect sensitive information and ensure
the system operates effectively. Key areas of testing include exposed network services, device communication
protocols, physical access to the deviceβs UART, JTAG, SWD, etc., the ability to extract memory and firmware,
firmware update process security and storage and encryption of data.
The Union Government has come out with safety guidelines keeping national security as top priority.
Till date, the Indian Government had no mechanism to check the installation of these Chinese-origin surveillance cameras, as the certification for such devices in use in the country only looked into aspects such as fire hazard or durability, and not security or snooping threats.
Chinaβs Hikvision controlled Indiaβs surveillance market. US had already invoked the National Defense Authorization Act and prohibited government agencies from purchasing video surveillance products from Hikvision.
Hikvision is one of the worldβs largest video surveillance companies producing both hardware and software tools.Hikvision exists in India under the name Prama Hikvision Indian Private Limited. As per reports, Hikvision enjoys over 35 per cent market share in India
It is also listed as a vendor by Bharat Electronics (BEL), which works on highly sensitive and classified defence projects for the government of India. More worryingly, Hikvision has allegedly also supplied solutions to Delhi Metro Rail Corporation (DMRC), Defence Research and Development Organisation (DRDO), and the Special Protection Group (SPG), which is responsible for the security of the prime minister.
This leaves India with a tricky situation. Admittedly such companies do create secondary economic benefits for India with the local assembly and selling units creating jobs at home. However, there is arguably a bigger price India pays in terms of handing its CCTV grid to a country that is a threat to our national security.
However recently the Govt felt it's high time We need to reclaim our physical territory along with our digital spaces.
So Govt of India banned 17 Chinese companies from participating in tenders in India and also warned private companies that do business with Govt entities against using these Chinese products.
Banned companies include Highvision,
Hikvision, Lenovo, Dahua, Lava, Xolo, Airpro, Nokia etc.
This will not only prevent Chinese companies from snooping into Indian National security but also give a massive thrust to domestic manufacturers to reclaim the market share that used to be dominated by the Chinese.
Above was just an example, this pattern is being repeated across many sectors where capability to produce in India is already present and Sovereignty of INDIA is under threat. We have the right to govern ourselves without any external interference.