@shekhardalal 26 yrs of utter negligence! @PCMCSarathi demand tax yearly bt gives thin,patchy roads,no drainage/storm lines.Are V paying to risk lives?Tenders process all year,work starts in monsoon,people's lives is joke? Limit dumpers to night hrs!bad roads+dumpers=death traps!
Huge traffic jam(4-5 Km)on NH48 Satara Pune Highway at khambatki tunnel ,reason -huge potholes inside the tunnel.
This should have been fixed before Diwali traffic returns back to Pune & Mumbai but @NHAI_Official are napping.
@nitin_gadkari Plz action these incompetent people
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CUES FOR TODAY'S MARKET MOVEMENT:
▪︎ FII & DIIs together sell 2500 Cr in cash
▪︎FIIs sell 1100 Cr in Index Futures, Longs drop to 37%
▪︎FIIs also sell ~3 calls per put sold
▪︎ All eyes on y’day low of 17119 and then 200 DMA at 16730
▪︎Put Call Ratio 0.7, oversold
AFFLE INDIA Q3 RESULTS:
▪︎CONSOLIDATED NET PROFIT UP 103 % AT 62 CR (YOY), UP 30 % (QOQ)
▪︎REVENUE UP 126 % AT 339 CR (YOY), UP 24 %(QOQ)
▪︎EBITDA UP 77 % AT 67 CR (YOY), UP 30 % (QOQ)
▪︎MARGINS AT 19.9 %V 25.45 % (YOY), 18.9 % (QOQ)
Tyre stocks were under pressure in the morning on Feb 3 after the CCI imposed a Rs 1,788 Cr fine on these companies for cartelisation.
Penalty amounts are:
Apollo Tyres: Rs 425.5 cr
MRF: Rs 622 cr
CEAT: Rs 252 cr
JK Tyre: Rs 309.95 cr
Birla Tyres: Rs 178.8 cr
Laxmi Organic Industries locked in upper circuit today because of strong Q3 earnings
▪︎Laxmi Organic Industries reported higher consolidated profit at Rs 82.09 crore in Q3FY22 against Rs 45.21 crore in Q3FY21
▪︎Revenue jumped to Rs 859.87 crore from Rs 435.5 crore YoY.