SUMANSPEAKS June 23, 2026 SumanSpeaks Independent Capital Markets Intelligence · Estd 2006 Legal Intelligence · EPC Sector The Court That Keeps Giving SEPC Ltd (₹6.82) Another Chance to Breathe From a ₹195 crore Singapore arbitration decree to a ₹2 crore salary lifeline — how the Madras High Court became the most interesting character in SEPC's ongoing legal saga, and why the retail investor is watching the wrong plot entirely Indian markets love to price fear. And when a company simultaneously carries a Singapore arbitration award, a CRISIL D rating, and a Madras High Court order on its file, the average retail investor does not pause to read the fine print. He sells first, panic-tweets second, and asks questions never. SEPC Limited (BSE: 513446) has been living in this particular purgatory for over three years — down on bad days, overlooked on good ones, and relent...
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Showing posts from October, 2019
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Sumon Mukhopadhyay
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Den Networks Ltd : Buy CMP: Rs.47.60 Targets: Rs.66/72 SL: Rs.44 Reliance Industries plans of rolling out fiber broadband services: On its 42nd annual general meeting (AGM), on August 12, 2019, Reliance Industries Ltd's (RIL) chairman and managing director Mukesh Ambani announced details related to the launch of Jio Fiber service, the triple play of broadband, TV and landline. Jio Fiber users will get free subscription to several OTT platforms. Reliance Jio Infocomm (‘Jio’), a subsidiary of RIL, has built a world-class all-IP data strong future proof network with the latest 4G LTE technology. Earlier this year, RIL acquired stakes in three leading MSOs, Hathway, Den and GTPL, who have direct relations with over 30,000 local cable operators (LCOs). Supreme Court verdict on Thursday that hugely widened the scope of adjusted gross revenue of operators and saddled them with mammoth Rs.92,000-crore dues, dealing a huge blow to Vodafone Idea and Bharti Airtel even ...
Sharda Energy & Minerals Ltd: Buy
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Sumon Mukhopadhyay
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Sharda Energy & Minerals Ltd : Buy CMP: Rs.167.50 Targets: Rs.203/220 SL: Rs.161. Sarda Energy & Minerals Limited (SEML), incorporated in 1973, is the flagship company of Sarda Group. It has a Promoters’ holding of 71.9%. It is a vertical integrated producer of steel with captive iron ore. It is also a manufacturer and exporter of niche grade manganese based ferro alloys. It generates captive power from Waste heat & coal. It also has interests in Hydro power projects through SPVs. It is a TWO STAR EXPORT HOUSE, recognized by the Ministry of Commerce & Industry, Govt. of India. SEML is one of the lowest cost producers of steel (Sponge Iron, Billets, Ferro Alloys, Mining, Power, Pellets, Iron Ore,Wire Rod Mill, Eco Bricks) and one of the largest manufacturers and exporters of ferro alloys in India. Headquartered in Raipur, Chhattisgarh, the company merged Chhattisgarh Electricity Company Li...
Central Bank of India
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Sumon Mukhopadhyay
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Central Bank of India: Buy CMP: Rs.17.30 Book Value: Rs.46.08 Face Value: Rs.10 Target: Rs.27/31 SL: Rs.16.30. Introduction : Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business. Shareholding Pattern : The promoters holding in the company stood at a whooping 89.46%, while Institutions and Non-Institutions hold 6.67% and 3.87%, respectively; leaving very little stocks in the hands of retail investors. This adds value to its shares. Financials : For the June, 2019 quarter, the total income of the company came as Rs.65,18.37 crore, while its net profit for the same quarter came as Rs.115.71 crores, showing a turnaround. Triggers : Public sector lender, Central Bank of India informed recently that it has raised Rs. 500 crore through Tier II bonds. The tier-II bonds under Basel III is a hybrid subordinated instrument with equity-like loss...
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Sumon Mukhopadhyay
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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 ...