Monday, 3 January 2022
Saturday, 11 December 2021
Vedanta investors to get Dividend of Rs 13.50
Vedanta Limited Led by anil aggarwal on December 11 informed that the company's board has approved an interim dividend of Rs 13.50 per equity share after a solid boost for the financial year 2021-22.
The record date of payment of dividend is set to be as December 18, while the sum total of the dividend will amount to Rs 5,019 crore.
As part of the second dividend, its promoters, who have a total share holding of 65.18 percent, would be able to see an inflow of Rs 3,271 crore. Earlier on September 1, Vedanta has approved an interim dividend of Rs 18.50 per equity for the financial year 2021-22.
Dividends are paid to only those shareholders who can appear on a company’s shareholder list before the record date or cut-off date.
“The Board of Directors of the Company on Saturday, December 11, 2021, will consider and approve Second Interim Dividend on equity shares, if any, for the Financial Year 2021-22. Please note that the record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Saturday, December 18, 2021,” the company said in its statement.
Wednesday, 8 December 2021
TRIDENT ANALYSIS TECHNICAL, FUNDAMENTALS | LEVELS | LIVE STOCK PRICE
1. It has generated good return on equity when compared to the bank FDs
2. Good Divdends are offered
3. The Market cap of it is 24565 Crore
4. It trade with high risk volatility.
5. The PE Ratio at the time of writing is 80.70
6. Promotor holding is not pledged but contant after a bit increase
7. financial are good
Stock is running in upper circuit right now so wait for its correction, the price in current is apt with its fundamentals. The company is showing good performance.
COMPANY PROFILE
MRF Share Price | Fundamentals | Technicals and Levels
COMPANY PROFILE
MRF STOCK REALTIME CHART
MRF Chart by TradingView
MRF MOOD OF TRADING LIVE
FUNDAMENTAL ANALYSIS AND DETAILS OF MRF
Wednesday, 1 December 2021
Tata Power bags project approximately ₹945 crore
Tata Power bags project approximately ₹945 crore
Tata Power Good news breaking, It has announced that they have awarded a project by Solar Energy Corporation of India (SECI) to build a 100 MW EPC solar project, along with 120 MWh utility scale Battery Energy Storage System. The total contract value of this upcoming project is approximately ₹945 crore. The tenure of the contract will be of 18 months.
After this successful contract, the utility scale EPC order book of the powerstock Tata Power Solar now lives at around 4.4 GW (DC) capacity with an approximate value of ₹9,000 crore.
Talking about the SECI project sites, they are located in Chhattisgarh. The order scope includes engineering, design, supply, construction, erection, testing, O&M and commissioning of the projects.
the company stated that “With this win, the Company has strengthened its diversified offerings with BESS (Battery Energy Storage System) within the renewable segment,"
Also Praveer Sinha, CEO & MD, Tata Power said “We are glad to receive this prestigious order from SECI to build Solar EPC projects along with the India's largest utility scale BESS project. This is the second grid-scale solar plant with BESS and is recognition of Tata Power Solar’s pioneering work in project execution capabilities in the solar energy domain,"
The previous large projects which were executed by Tata Power Solar include 80 MW NTPC Jetsar, 50 MW Kasargod at Kerala, 100 MW GIPCL Raghanesda, 100 MW TPREL Raghanesda, 30 MW GSECL. Another innovative Solar project of 50 MW with BESS of 50 MWh battery storage is under execution at Leh, the company added.
RattanIndia Power Ltd Penny stock will become Multibagger?
RattanIndia Power Ltd Penny stock will become Multibagger?
Before i begin, i never ask people to invest in these stocks because it is riskier and you might lose the money. However if you plan and manage money on it. A little risk is worth taking.
Today the stock which i picked is RattanIndia Power Ltd. Few points for the stock is listed:
1. It has also not generated good return on equity when compared to the bank FDs
2. not a Dividends paying company
3. The Market cap of it is 1879 Crore
4. It trade with high risk volatility.
5. The PE Ratio at the time of writing is -80.50
6. Promotor holding is pledged and increase by some means
7. Last 2 years the loss was recovered some bit but last year again a loss widens up.
RattanIndia Power Ltd Stock is running in upper circuit and mostly it runs with news coming in favor of the company related. The company performance is up and down on regular basis so i would say to wait for it to perform more and show some work in real. This stock is also a operator top choice stock where they enter and exit very frequently. But in recent the retails investors showing some interest and currently upper circuited.
I have purchased the stock in 2.36 paise and the Aukat level of this stock is around 2.0-2,5 only at this point of time. However it gets a good movement when RattanInd moves. Operator loves these stocks
The stock was trading today and then upper stock was booked. WIth approx 50% deliverables the stock seems to be active by operators as well as some retail lovers.
Currently i would suggest this stock is going to go a bit more high before it falls again and its swinging in past year.
My call:
A little risky buy but a quick profit booking is there else the fall is near.
A resistance at 4.20 if it goes beyond then a quick safe target would be 5.20-5.40
Indian Infotech and Software limited | Whats happening in This Penny Stock? Multibagger? 1000+ Returns!
Indian Infotech and Software limited | Whats happening in This Penny Stock? Multibagger? 1000+ Returns!
Before i begin, i never ask people to invest in these stocks because it is riskier and you might lose the money. However if you plan and manage money on it. A little risk is worth taking.
Current Mood!
Today we are going to talk about Indian Infotech. Few points about the stock which i would like to specify is:
- 1. It has not generated good return on equity when compared to the bank FDs
- 2. No Dividends are offered
- 3. The Market cap of it is 378 Crore
- 4. It trade with high risk volatility.
- 5. The PE Ratio at the time of writing is -33.28
- 6. Promotor holding is not pledged but stayed constant at 19.28 % which is low.
- 7. Last 2 years the loss has increased.
The Stock is running in upper circuit and for god sake don't jump and try to buy. The company is showing poor performance. The only thing that is happening is Operator running the game.
I have purchased the stock in 0.49 paise and the Aukat level of this stock is 0.5 rs only at this point of time but it has given good return via operators to operators.
Its very inevitable that operators are here active but the 100% deliverables of below quantity shared does looks happening. If you want to take risk wait for it to come back to around 1.2 - 1.5 Rs. Then you can further see to it.
Currently i would suggest this stock is beyond its aukaat and operators will suck you up if you are going to buy huge and that to currently. Whenever market falls, stocks like this get activated. These are like sleeper cells.
My call:(as of 3rd December)
I am going to book it off right now.
No further buying until it fall back.
HDFC and Bajaj Finance increase rates on fixed deposits
HDFC and Bajaj Finance increase rates on fixed deposits
Couple of non-bank lenders after inspired from global and local inflationary trends and hiked the interest rates on their fixed deposits (FDs). These interest rate increases are effective from today – December 1, 2021.
What has changed?
The FDs of HDFC will now offer up to 10 basis points for more across tenures. For 36 months, HDFC will now offer a 6.1 percent interest and for 60 months it will offer around 6.5 percent interest.
Senior Citizens will be getting to earn 25 basis points more than the card rates and investors making their fixed deposits online pocket 10 basis points extra. Earlier, HDFC was offering 6.05 percent and 6.4 percent on those fixed deposits, respectively.
Bajaj Finance (BFL) has also increased the rate of interest by up to 30 basis points. It will pay 6.4 percent interest on its 24 months FD compared to 6.1 percent earlier and 6.8 percent on 36 months deposit compared to 6.5 percent earlier.
Monday, 29 November 2021
IndusInd Bank Ltd Statement on resignations at Bharat Financial Inclusion Ltd
IndusInd Bank Ltd Statement on resignations at Bharat Financial Inclusion Ltd
IndusInd Bank Ltd has announced the developments with respect to its owned subsidiary, Bharat Financial Inclusion Limited ('BFIL').
Mr. Shalabh Saxena and Mr. Ashish Damani (collectively, 'Employees'), who are currently employed with BFIL in the capacity of the Managing Director & CEO and the Executive Director & CFO, respectively, have advances their resignations to emails addressed to the Chairman of the Board of BFIL on November 25, 2021.
Meanwhile, the Bank has nominated Mr. J. Sridharan as Executive Director on the Board of BFIL and appointed Mr. Srinivas Bonam to oversee the day-to-day functioning of BFIL. Both have ample of experience and exposure.
On other hand Mr M R Rao continues to be associated as an advisor to BFIL bringing his years of experience in microfinance and scaling up BFIL.
The Bank has also appointed Mr KV Rao as an advisor for strengthening the field processes.
Sunday, 28 November 2021
How to invest in US Stocks from India ?
Hello guys, Many of us wants to invest their money in US market from India but they don't know How to invest in US Stocks from India and today in this article i am going to explain this.
I have come across a platform which makes this easier for people living in india. I am a trader and my love for stocks was never got reduced even in worst falls. I wanted to expand my love to US Stocks as well. I was going through many platforms but INDMoney impressed me.
The app says
#SuperMoneyApp
Track and invest at Zero Commission
Manage all your money across investments, loans, taxes and expenses in one app
This app will let you buy US stocks apart from it, it also manage your expenses and investments, tracks your asset management and also help you plan your goals by AI recommendation.
The sign up process is fast and similar to any other trading platform. I got everything verified in just 4-5 hrs which was impressive.
After this you can start investing in US stocks.
If you want to join feel free to join via below link.
I am gifting you Netflix Stock. Join me on the INDmoney app using my link to claim today
https://indmoney.onelink.me/RmHC/901b7054
Sunday, 14 November 2021
Crypto Currency , Should You Start Investing? Why , How and Where?
Crypto Currency is the next future as the market is showing interest in it. Cryptos are taking a front seat in terms of its hype in the market and investors are really going forward for it.
Before i begin, i will just share you stat of some coins which has made people billionare and millionare.
If you would have purchased Bitcoin worth Rs 30,000 in December 2015,1 coin price
- In 2016 It valued- 40K
- In 2017 It valued- 12 Lakh
- In 2018 It valued- 3 lakh
- In 2019 It valued- 5 lakh
- In 2020 It valued- 20 lakh
- In 2021 It valued- 40+ lakh
In 5 years 30,000 could have become 40 Lakh.
Lets take another coin Etherium Rs 700 in December 2016 ,1 coins
- In 2017 It valued 45,000
- In 2018 It valued 8000
- In 2019 It valued 9000
- In 2020 It valued 50000
- In 2021 It valued 3.5 lakh
Rs 700 becomes 3.5 lakh is insane.
These are not just 2, there are 100s of coin that have made wonders and are 100s that can make wonder in next 5 years.
But at that point of time things were not clear, it was still in the dillematic situation. Currently there are much genuine spots which are make way for indians to invest in the crypto market.
There are various exchange launched in india which provide safe coins only, not just something which can be risky. You can always invest the same amount you could have invested in the penny stocks which cannot pain you.
Difference between stocks and cryptos are, cryptos have no fundamentals but depends on its supplies and work chains.
If you wait for Rs 500-Rs 1000 to waste where these small investment can make it to humongous returns in future.
These are the few places where you can invest risk free. Join by it and you will get benefits-
WajirX - I have used it, very less fees and a genuine app, india's number 1. Join Here Now
CoinDCx - With A good Amount of Secured Coins, this is the second on my list. Join Here
Saturday, 13 November 2021
Tarsons Products IPO Set to open This week, Ready to Fetch? Apply or Avoid?
Tarsons Products IPO Set to open This week, Ready to Fetch? Apply or AVoid?
IPO date : 15 Nov 2021 – 17 Nov 2021
Listing date : 26 Nov 2021
Price range : 635 – 662
Minimum order quantity : 22
Tarson Products Ipo is ready to get listed in Stock Exchange. The major importance of this IPO is it does not have any peer in even stock market. So lets begin,
Tarson is based on Kolkata, it is leading indian lifescience company. from last 30 years it is dealing with labware products. they produce products for scientific research. This field of company is not even listed in stock market.
Tarson product is of 3 classification Consumer, reusable and others. There is 370 products have 1700 varienties. The mostly use of these products in pharma, scientific research, clinical company and other research. Various top companies are its client such as lupin, godrej, himalaya.
The company have 5 manufacturing unit in West bengal and spreaded in wide area. In coming years they are planning to open more than these 5 manufacturing units. The distribution network is widely spread in India which includes 145+ distributers. The exports of these products are consumed by 40+ countries.
It is expected that Indian lab equipment market will grow in next 5 years with 7+ % cagr. This industry has a rapid growth because it is highly backedup by government. As the govt has a positive effort in this field growth so the company is looking positive.
Expectation from Company
As In India this sector has 2% of weightage compared to other countries so this company has strong growth in next 5-10 years.
Demand of Plasticware Products are in increase in last 5 years and expected to lead by 2025.
Talking about the Strengths
- It is Leading Life sciences
- Offers diverse range of labware products
- High Manufacturing capabilities
- Pan India Sales
Risks
- Delay in Supply of Raw Material
- Inability to manage growing distribution network
- Distruption to Power
- Any Non Compliance with safety health etc
- Price of Raw Material Volatility
Monday, 2 August 2021
Zomato Pulls of Unlimited Free Delivery to its Pro Members
After a Mega IPO launch of Zomato, Zomato founder and CEO Deepinder Goyal today expressed that the food delivery app would provide "Unlimited Free Deliveries" for its existing 1.8 million Pro members. This is similar to the offering made by Amazon has for Prime customers. This step looks to churn more revenues.
He also expressed that "Unlimited Free Deliveries." is One of the most demanded features of its customers so keeping this in my the company is going for this feature for the selected pro customers. Definitely it will be based on activity and regular purchase from the zomato app. Loyal customers to get benifitted.
Zomato Pro’s plan comes Rs 200 for a period of 90 days which includes an 30% extra off on food deliveries, up to 40% off on each dining experience,and with this more than 25,000 restaurants to deliver the food. With Zomato pro plus, the customers get unlimited free deliveries and on top of it there will be no surcharge and fee based on the distance.
Curently the Pro Plus option is just an invite-only offer for that customers can check after 2nd august. Along with this, all the present Zomato Edition Black credit card holders will also be automatically updated to Zomato pro plus. Well this option is available in the top 41 cities where the footprints of zomato is live.
This Zomato's move comes after the sense of intense competition in the online food delivery space as to your aware swiggy and amazon is always there. While Zomato and Swiggy are currently a duopoly in food delivery, they are now pulling their gears on online grocery. Swiggy has already launched its Instamar and Zomato recently has invested in grocery delivery app, Grofers.
Keeping the competition alive these food delivery app after scaling up can be good healthy choice in next 5 years.
What do you Say?
The company is trading with prev close of 138 and the target you can expect in next 5 years can be a healthy one. For me Next 1 year the Target is 200.
Sunday, 1 August 2021
Paytm IPO to create 20,000 Jobs with salary of 35K +Plus
Paytm IPO to create 20,000 Jobs with salary of 35K +Plus
In the raining IPO's market has seen a great tendency of rise. The profits in the IPO's are humongous. With the land of Paytm in the market, it will be a great initiative for digital platforms.
With this IPO their will be entry of other job opportunities and the job market will have paytm as its new job provider. With a opportunity to earn a healthy amount of 35000 and above company wants to hire young talent.
Paytm has started hiring the candidates who have passed 10th 12th or graduates. Specially in smaller cities this job creation will boost up young talents who were looking for the jobs in this pandemic condition.
IPO worth 16600 Crores
Paytm is ready to land its IPO of Rs 16600 crore by the end of October The Company has initiated all the necessary actions documentation for the ipo with SEBI.
Paytm is Currently Leader
Talking about the current PAYTM value which earlier stand at $16 billion is now close $20 billion. With IPO the company is trying to eye on strengthening the complete ecosystem by acquiring consumers and merchants. There are standard sets at the company level to boost up the next following iterations of improvements and expansions.
Retail Reservations
In the PAYTM IPO, around 75% of it is reserved for QIB among with 60% will be kept safe for anchor investors. Around 15% will be allocated to non-institutional investors and talking about the retail investors around 10% will be allocated.
Recent Revenue Data
Paytm Parent company has reported a loss of 2833 crore in the end march 31 2020 financial year. Well this was a improvement comparing to the last financial year of around 4000 crores.
Well this was the short summary about the paytm IPO in next article we will try to collect paytm data.
Wednesday, 21 July 2021
Rakesh Jhunjhunwala Sold Tata Motor Stake , What to Do TATA MOTORS ?
Rakesh Jhunjhunwala Sold Tata Motor Stake , What to Do?
The Big Bull, Rakesh Jhunjhunwala has cut his stake in TATA Motors. He was holding 1.29 percent of stock and now the new stocks data says the holding has become 1.14 percent which is around 3,77,50,000 shares. This is not the only Tata stock, Jhunjhunwala has also reduced his stake in Titan Compan in April-June quarter this year.
We have already known about tatamotor stock getting affected from the supply point of view and beind the luxury cars market of 70+% , this segment is the backbone of TATA Motor. This was mostly because the ongoing semi-conductor chip shortage due to which it is taking a big toll on its JLR production. JLR’s production for the first quarter of 2021-22 was slipped by 30,000 units .
However this supply issues was said to be temporary issue but the fall in stock was seen. The stock slipped 40+ points.
Jhunjunwala is reducing the Titan stock for 3 consecutive time. Jhunjhunwala brought down his stake in Titan to 3.72 percent in June 2021 which was earlier 3.97 percent in the month of march 2021. While Rekha Jhunjhunwala’s stake is not seen a movement.
Well now the other part What to Do?
You should always have a research instead of jumping into or out of stock just because of the BIG investors.
Analysts are saying that weakness in Tata Motors shares is a good investment opportunity. From a long term point of view, investing in this stock can give good returns. There are many reasons for this. First, chip shortage is being seen across the industry. BMW and Daimler are also facing chip shortages. So the chip shortage problem is expected to end soon.
Tata Motors is trying to minimize the impact of chip shortage on its margins. This is the reason why JLR is using the currently available chip only in high-margin models. Second, retail demand remains strong. This leads to the gathering of a large number of orders. The company has already placed orders for more than one lakh units. This is the highest in the history of the company.
On other Hand, Motilal Oswal Analyst has set a BUY call for the tata motors with a Time frame of 1 Year with a Target of Rs 400.
Now The Levels of Tata Motor is Rs 360 Above which only the stock can show some solid and positive moment. Already the market has started to recieve correction so entry point is totally depending on your research and picks.
Tata Motor has pledged to bring down its net debt to near zero by 2023-24 which can be a start of its next solid phase and with electric vehicle in mind, the JLR can be its key to multibagger.
Wednesday, 7 July 2021
Clean Science & Technology IPO , Should You Subscribe? Company Details & Stats
Clean Science & Technology IPO , Should You Subscribe? Company Details, Financials
Clean Science and Technology Ltd IPO is coming in the form of monsoon. Today we will see how the company is going to be in its listing and also the future and financials.
|
Issue Date |
07 Jul 2021 - 09 Jul 2021 |
|
Issue Size |
₹1546.62 Cr |
|
Issue Price |
₹880-900 |
|
Market Lot |
16 Shares |
|
GMP |
₹463-468 |
|
Listing Date |
19 Jul 2021 |
|
Listing Price |
Expected 1200+ |
|
Listing Gain% |
Expected |
10 Years Journey Video:
Overview of the Company
Company Promoters
Issue details
Financials
Clean science and technology competitors
FAQ About Clean Science IPO
When will the Clean Science and Technology Ltd IPO open?
What is the listing date of Clean Science and Technology Ltd IPO?
What is the offer price of Clean Science and Technology Ltd IPO?
What is the lot size of Clean Science and Technology Ltd IPO?
What is the Grey Market Premium (GMP) price of Clean Science and Technology Ltd IPO?
Monday, 28 June 2021
Top Electric Vehicle Stocks to Invest in 2021 to Get High return in 2025 Multibagger
Top Electric Vehicle Stocks to Invest in 2021 to Get Good return in 2025
Investment is the key to earn big in long run. Whether its people from Low capital section or from High capital section. Based on your capacity you can invest in stocks. But Make sure you never rush on stocks just by listening and without doing proper research of yourself.
If you are driving your car, you hardly feel nervous. But even if you are trained and driving someone other's car there is some kind of nervousness and hesitation. So always believe on yourself and not on others.
Lets begin, we are going to talk about few stocks which can give you good return in 5-10 Years from now when we talking about Electric Vehicle.
Firsly, Electric Vehicle is the next hype in the current market. This hype will certainly let the share price of the stocks to sky high but Only for them who plan it to the best of their strategies.
Even the great guru's are saying When Electric vehicle will come, the Automobile sector will get boom. I would say its partially true not completely. It will begin to show boom, but the actual boom will still take time, once the EV footprint is registered.
Why not Immediate Boom in Automobile? Well what i think is if electric vehicle come, its demand will be high, government will give subsidies and so forth so many things going to improve. But, What about Petrol and Diesel Vehicles? Will the Market will still enjoy its lavish sales? Well Not! So the market sales will come down of the Petrol and Diesel vehicles and then the rise of EV will happen. Kind of U pattern.
Maruti & Tata Motor
Amaraja Battery & Exide
UNO Minda & MotherSon Sumi
Sona Comstar
Saturday, 26 June 2021
Big Move by Govt , Import of 11 cheap pipes banned, BIS rule issued | Indian Pipes Boom?
Big Move by Govt , Import of 11 cheap pipes banned, BIS rule issued | Indian Pipes Boom?
The government of India has pulled up its belt for putting ban on cheap import of 11 types of pipes till September 30, 2021. This will surely be welcomed with full passion by the Indian Pipes Company. This can be a masterstroke to boost the business of Indian pipe manufacturing companies.
Well, the news doesnt stop here, the government has also issued a notification for BIS (Bureau of Indian Standards) rules on the import of these 11 types of pipes,so that the quality of the pipes can be improved and the efficiency wont be compromised.
The section of the pipes are PVC, UPVC, CPVC pipes which are among the 11 categories which are banned under the cheap import category. Other pipes which is a flowing setup for agricultural works such as injection-molded PVC pipes, socket fitting pipes, and the UPVC pipes cheap category are also made to the ban list.
This decision by the government will have direct impact on the home grown pipe manufacturing companies such as Finolex Industries, Supreme Industries, Apollo pipes and Astral Pipes as their business will not only get the boost but also they will get a time to snatch out deals to improve their exports.
Lets have a look into the shares which will get the benefit:
1. Finolex
2. Supreme Industries
3. Apollo Pipes
Wait for Chart to Signal, Dont Rush on News
Saturday, 19 June 2021
Best 5G stocks to Invest for Long term Return
Best 5G stocks to Invest for Longterm
Department of Telecom has approved 5G trial on 4th May. Once this trial is done, so in financial year 2022 the auction will happen.
5G is nothing but a 5th generation network. Right now the 5G is incorported in 61 companies. There are Big Name also for the 5G networks which include Airtel,Vodaphone,Tejas,Jio.
Also we will talk about some stocks which will get benefitted along with all these big stocks. Once the deals get cracked, the benifit will happen with these stocks as well.
One sector is there which will get benefitted also is IT company.
WIPRO
They have also tied up with exaware to develop advanced engineering solutions that will lead to growth as well as inovation on networking industry. Along with it , 6G compatibilies will also be looked into so as get double deal.
TECH MAHINDRA
Tech mahindra is strong player in network infrastructure services in India. They have capabilities in radio frequency planning design, engineering services, rollouts and also to give support. Also they have cracked deals in 5G networking.
INFOSYS & TCS
Both the companies are targeting OPEX. They have started the foundations along with all the competitors.
CUMMINS
5G to work with good effeciciency it needs generators to support base stations and towers which Cummins has the capability to provide, produce and export in large quantities. It is expected that cummins can get advanced opportunity worth Rs 200 crore during the 5years of runnning path.
TEJAS
Tejas networks is known for telecommunication equipments production. It has licence as well as patents also.
Do a research and then jump into investments.
Shyam metalics ipo details listing on June 24
Shyam Metalics amd Energy Limited SMEL is based in Kolkata and its India's leading Integrated metal producer company. The company is mainly into production of iron pellets, sponge iron, steel billets, TMT wire rods, ferro alloys and Structural products.
It has 3 manufacturing plants which are located in Sambalpur in Odisha, and Jamuria and Mangalpur in West Bengal. Its manufacturing units have an turnout of metal capacity of 5.71 million tonnes per annum. The company is focus on expanding the capacity from 5.71 MTPA to 11.60 NTPA by 2025
Shyam Metalics IPO Subscription Status
The Shyam Metalics IPO is subscribed 121.43x times on Jun 16, 2021 17:00. The public issue subscribed 11.64x in the retail category, 155.71x in the QIB category, and 339.98x in the NII category.
The lot size was 45 Shares and minimum quantity is 45 share.
It is the fourth highest subscription levels seen in 2021 after the release of MTAR Technologies, Nazara Technologies and Easy Trip Planners.
The price band at Rs 303-306 per equity share.
Competition
- It is integrated metal producer in india
- It has some great strategically hosted manufacturing plants which offers great feasibility along with infrastructure support.
Promoters of Company
The Promoter of this company are:
- Mahabir Prasad Agarwal,
- Brij Bhushan Agarwal,
- Sanjay Kumar Agarwal,
- Subham Capital Private Limited,
- Subham Buildwell Private Limited,
- Narantak Dealcomm Limited,
- Kalpataru Housefin & Trading Private Limited,
- Dorite Tracon Private Limited
- Toplight Mercantiles Private Limited.
- Objective of Issue
The primary reason to be sure is to repay or prepay its subsidiary SSPL debt.
Grey Market
In the grey market on Thursday, Shyam Metalics and Energy shares traded at Rs 436 apiece, implying a premium of 42.5 per cent over the IPO price of Rs 306 as per traders.
The trading in shares will commence from around June 24.
Company financials
| Particulars | For the year/period ended (₹ in million) | ||||
|---|---|---|---|---|---|
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | ||
| Total Assets | 51,051.47 | 52,037.88 | 40,524.34 | 34,706.28 | |
| Total Revenue | 39,956.32 | 43,953.02 | 46,845.60 | 39,203.99 | |
| Profit After Tax | 4,563.21 | 3,403.29 | 6,367.83 | 5,280.39 | |
Call what i will take
For a Longterm it can give you a better returns for sure. For listing Gain its a Yes. Releasing on Bubble can impact for a Shorter time.


















