Image
SumanSpeaks Capital Markets & Geopolitical Intelligence · Estd 2006 Governance · Regulatory Risk Reliance Power: When Legal Clouds Gather Over Market Euphoria ₹20,367 crore attached across the Reliance Anil Ambani Group. A ₹68.2 crore fake bank guarantee at the centre of it. A former CFO in custody for ten months and counting. And a stock that's still down more than half from its 52-week high even after a sharp rally. The market is pricing the turnaround. The Enforcement Directorate is pricing the history. Both can't be right forever. Reliance Power Ltd (₹24.07) has genuinely turned a corner operationally over the past two years — debt reduction, a growing renewable and BESS order pipeline, and periods of sharp investor re-rating. That part of the story is real and deserves credit. But sitting underneath that story is a live,...
Northgate Technologies Ltd: Talks of Re-rating after the Facebook IPO
There is massive restructuring going on in Northgate Technologies Ltd, since the last couple of years. The company now gets most of its revenues from the trading activities, through, M/s. Green Fire Agri Commodities Pvt. Ltd. It has already integrated itself with Facebook to get better viewership. Northgate Technologies Ltd earlier informed BSE that Ziddu.com, a well known and leading file sharing site had come up with innovative development, with which people can upload photos / videos / recorded audio files to Ziddu.com and can email to their friends from mobile itself. Ziddu Mobile App is available for Android and iPhone users.

Comments

Popular posts from this blog