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@Akafinance2026 NGC order delay is the reason. At one point govt speaks about being the 5th biggest shipbuilding nation by 2047, on the other hand govt. delays signing orders whose bid is already over for over an year.
#Datapatterns has approached resistance and could be tricky since the valuations has extended a lot lately.
Currently trades at a PE over 90 with 25% CAGR growth
Stock Market News:
1. KSH International Limited : Press Release
2. Shilpa Medicare Partners with SteinCares to Launch Biosimilars in Latin America
3. Suraj Estate Developers Buys Hally Pacific for ₹30.40 Crore
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Stock Market News:
1. Dr. Reddy's Laboratories Limited : Press Release
2. Karur Vysya Bank Opens First Indigenous Languages Lab in South India
3. GNG Electronics Partners with Ingram Micro and Supertron for Nationwide ICT Expansion
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@dmuthuk Companies where the Managers can code as well will lead the race.
with AI, tech will be for real tech! No mundane work. If a company calls itself a software company, it has to prove it with building tools and new age services.
@rajeevcelos@dmuthuk if there was no monitory usage to make applications with AI, then these companies would have never invested this much in AI infra.
That being said, with AI even a random IT startup could compete with TCS,INFY.
so, in a way bard is right here.
@AdityaD_Shah Growth at 4-8% with falling rupee and with a PE of 20+
Not sure if it's still a good deal. The PE for IT stocks used to be in late 10s prior to Covid.
If the sentiments don't improve they could stay in the same price range for an year or two till PE falls to 16-18 range
Stock Market News:
1. Escorts Kubota Limited : Press Release
2. Wesness Fun Run in Mumbai Draws Over 3,500 Women
3. Wockhardt Limited Reports Strong Q3 Financials with 22% Revenue Growth
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