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Showing posts from September, 2015
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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,...
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DO YOU KNOW? Karuturi Global Ltd (Rs.2.56) is the world's largest producer of cut roses, having a global present in Asia, America and Europe. The company has its operation in India, Ethopia, Dubai and Kenya, diversified into agriculture, floriculture and food processing producing Pulses, Oil Seeds, Maize, Sugar, Cut Roses, Plants production and distribution, Gherkins, Baby Corn, Jalapenos and Bottled Pickles. With over 292 hectares under greenhouse cultivation, the company annually produces around 555 million stems of quality cut roses for exports to high-value markets. The company has identified agri-business as its prime growth engine and taken up cultivation in Ethiopia on a big scale to become a major player in the global agri-product market, mentions its website. Recently (August 17, 2015), ICICI Bank acquired 8.89% stake in this leading rose exporter (Karuturi Global Ltd). Therefore, accumulate the shares of the company on declines for some good returns over...
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Gitanjali Gems Ltd: Buy on Declines Gitanjali Gems Ltd was recommended yesterday at around Rs.33.5. The scrip today touched an intra-day high of Rs.39, before closing at Rs.37.75 in the BSE. The company's consolidated Q1 net for the quarter ended June 2015 nearly tripled to Rs.28.05 crore when compared with Rs.10.15 crore in the corresponding quarter a year ago. Total income also surged by nearly 42 percent to Rs.2,952 crore from Rs.2,082 crore.  The scrip should be accumulated on declines as it could cross Rs.60, by this Deepawali..........
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ICICI takes 8.89% in rose exporter Karuturi for Rs.25 crore New Delhi | 18 August 2015: ICICI Bank on Tuesday said it has acquired 8.89% stake in leading rose exporter Karuturi Global. "ICICI Bank Ltd (India) acquired 72,000,000 equity shares by way of invocation of pledge," ICICI Bank said in a release on BSE. As per the filing, ICICI Bank had acquired 8.89% shares in Karuturi on August 17, 2015. At yesterday's closing price of Rs.3.43 of Karuturi, the deal is valued at over Rs.24.69 crore. Karuturi Global is a leading producer of cut roses with operations spread across Ethiopia, Kenya and India. With over 292 hectares under greenhouse cultivation, the company annually produces around 555 million stems of quality cut roses for exports to high-value markets. The company has identified agri-business as its prime growth vertical and taken up cultivation in Ethiopia on a big scale to become a major player in the global agri-product market, says its website. Courtesy ...
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Hikaru Nakamura and Atousa Pourkashiyan: A Checkmate in Love – A Grand Union Forged on the 64 - Squares.... Introduction: Hikaru Nakamura, a name synonymous with modern chess, is a prodigy-turned-legend whose brilliance has redefined the contours of the game.  A five-time U.S. Champion, his fearless strategies and dynamic online presence have made him an unparalleled force in the chess world. In 2023, however, the grandmaster made headlines for a personal milestone: his marriage to the courageous and equally accomplished chess player, Atousa Pourkashiyan. Atousa, a Women's Grandmaster (WGM), is a celebrated chess player and a symbol of resilience. Her bold decision to compete without a hijab during the 2022 World Rapid and Blitz Championship became a landmark moment in the global spotlight. This act was a direct expression of solidarity with the Mahsa Amini protests in Iran, where women have continued to fight against oppressive mandates, demanding the freedom to choose their attir...
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Turnaround Play? 3i Infotech Bets on ₹100-Crore Rights Issue to Power Growth. ~Sumon Mukhopadhyay. ------------------------------------ Introduction: Founded in 1993 and headquartered in Mumbai , 3i Infotech Limited is a global IT services provider with over three decades of expertise in digital transformation.  With a workforce exceeding 4,300 professionals and a client base spanning India, North America, the Middle East & Africa (MEA), and Asia-Pacific (APAC) , the company operates across three strategic verticals:  🔹Infrastructure Services (cloud and cybersecurity), 🔹 Application-Automation-Analytics , and  🔹 Business Process Services . In FY25 , 3i Infotech posted consolidated revenues of ₹725.75 crore (India: ₹335.80 crore; US: ₹287.34 crore; MEA: ₹74.98 crore; APAC: ₹27.63 crore) and achieved a net profit of ₹25.3 crore , marking a significant turnaround from a ₹313.6 crore loss in FY24 .  To reinforce this recovery, the company has proposed a ...
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WINNING STROKES: THINK DIFFERENT: Please STOP investing in companies by simply looking at their past quarterly/annual results. More quickly you do away with this BAD habit, the better it will be for your investment philosophy. Please remember a debt free company (zero liability) which is closed, has tremendous value, unlike what an Old Analyst from Bombay is trying to make us understand. How will the markets behave today?? This portion only to the Paid Groups.... My Mom (mother) is seriously ill (who is suffering from Cancer) and hence the services to the Free and Paid Groups might be affected in the days to come... Galada Power and Telecom Ltd, which was recommended yesterday to the Paid Group through an SMS and then to the Free Group, hit the upper circuits. The company has 4 acres of land in Uppal , whose current market price is around Rs.24--Rs.28 Cr. However, what is the latest development in the company?? This portion only for the Paid Groups. Sanguine Media Services Ltd hit ...
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