Image
SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  Estd 2006 Corporate Strategy  |  AI Pivot & Power Infrastructure Reliance Power's AI Pivot (₹25.10): Rebranding, ₹9,000 Cr Capital, and a Policy Tailwind Arriving Right on Cue Four renamed subsidiaries. A ₹9,000 crore fundraise. And a state government simultaneously building the exact demand this pivot is betting on. On June 30, 2026, Reliance Power quietly filed one of the more consequential corporate-identity shifts in the Indian power sector this year. Four of its subsidiaries were renamed Reliance AI Green Power, Reliance AI Power, Reliance AI Data Control, and Reliance AI Data C — and the company formally added artificial intelligence and technology-enabled services to its business objects. This was not a data-centre announcement or a customer contract. It was...
Gitanjali Gems Ltd: Turns Bullish...

A buy call was given on Gitanjali Gems Ltd, a couple of days back, for a short term target of Rs.45; after the Index of Industrial Production (IIP) rose 6.4% in August, compared with 4.1% in July and 0.5% in August last year, data from the statistics office showed on Monday---among sectors, gems and jewelry, electricity, mining and apparel contributed to growth while steel and instant food mixes were the slowest growing. 

The company's outstanding debt as on March 31 was Rs 8,715 crore, while the reserves and surplus was Rs.4018 Cr, as per the Economic Times, 3 June, 2015

It is to be noted that the bullishness of the gems and jewelry sector increases with any rise in GDP. 

The Book Value of the shares of Gitanjali Gems Ltd is Rs.292.67 while its market cap is ONLY Rs.379.73 Cr. Its P/E is 14.23, as compared to the Industry P/E of 35.84. Today, the shares of Gitanjali Gems Ltd closed at Rs.38.70 (BSE), up 6.03%.

Comments

Popular posts from this blog