Today Headlines: 24-11-2024
Adani Group: क्या सस्ता, क्या महंगा
1) Adani Ent
7 Yr Median PE: 112x
Present PE: 47x
2) Adani Port
7 Yr Median PE: 28.6x
Present PE: 24x
3) Adani Green
7 Yr Median PE: 264x
Present PE: 146x
4) Adani Power
7 Yr Median PE: 10x
Present PE: 15x
5) Adani Energy
7 Yr Median PE: 89x
Present PE: 57x
6) Ambuja Cem
7 Yr Median PE: 27x
Present PE: 42x
7) Adani Total
7 Yr Median PE: 175x
Present PE: 95x
8) Adani Wilmar
7 Yr Median PE: 84x
Present PE: 36x
9) ACC
7 Yr Median PE: 21x
Present PE: 21x
BEAT THE STREET BULLETIN
Date: 21-Nov-2024
NEW VENTURES & EXPANSIONS
- Bhageria Industries: Incorporated a wholly owned subsidiary, New Ahilyanagar Solar Private Limited, on Nov 20, 2024.
- Hyundai Motor:
- To establish 2 renewable energy plants in Tamil Nadu for captive use at the Chennai plant.
- Unveiled the IONIQ 9 three-row all-electric SUV with a 10-80% fast charge in 24 minutes.
PROJECTS & CONTRACTS
- Relicab: Received manufacturer approval for interconnecting control cables for POWERGRID projects (valid until Nov 2025).
- Marco Cable: Secured ₹10.43 crore orders for L.T. Aerial Bunched Cable supply.
- Jyoti Ltd: Bagged ₹12.75 crore orders for turbine pumps in Gujarat.
- Innovators Facade Systems: Received a ₹110 crore order for façade work including stone cladding.
- Aartech Solonics: Developed an Adaptive Alternate Power Module for armored vehicles and guns, enhancing fuel efficiency and engine life.
- Tata Power: Signed an MoU to explore financing for energy transition projects worth $4.25 billion, including solar-wind hybrid and battery storage initiatives.
FUNDRAISING UPDATES
- Emerald Finance: Board meeting scheduled on Nov 26 to consider raising funds via preferential issue.
- Protean eGov: NSE to sell its 10.15% stake via Offer for Sale (OFS) at ₹1550/share.
- Nippon AMC: Purchased commercial office space at One Lodha Place, Lower Parel, for ₹486 crore.
-
MEDICAL SECTOR UPDATES
- Natco Pharma: Filed an ANDA with Paragraph IV certification for a generic version of EVRYSDI® oral solution, potentially qualifying for shared exclusivity. EVRYSDI® reported $571 million US sales in 2023.
- Bharat Parenteral:
- Subsidiary Innoxel Lifescience out-licensed a $500M injectable drug, with $4.5M in milestones and 20% profit sharing post-launch.
- Innoxel also partnered for a $400M oral liquid NDA project, earning $1.95M in milestones and 45% profit sharing post-launch.
SHOWROOM OPENINGS
- D.P. Abhushan: Opened a new showroom in Neemuch, Madhya Pradesh, expanding its footprint in Central India.
- Popular Vehicles: Step-down subsidiary Prabal Motors inaugurated a new Bharat Benz 3S facility in Maharashtra to cater to commercial vehicle demand.
RESIGNATIONS & APPOINTMENTS
- Datamatics: Appointed Ankush Akar as Senior Vice President & Chief Financial Officer.
-
- East Blindtech: CFO and Compliance Officer Arpit Sharma resigned, effective Nov 9, 2024.
NEW PRODUCT LAUNCHES
- TVS Motor: Launched the TVS iQube 2.2 kWh variant in Nepal, now available in three variants.
- Hyundai Motor: Unveiled the IONIQ 9, an all-electric SUV with cutting-edge design and innovative EV technology, including 10-80% fast charging in 24 minutes.
OTHER UPDATES
- Coal India: Revised policy to allow coal supplies beyond ACQ for non-regulated sectors with incentives for performance above 100%.
- LIC: Increased stake in LTIMindtree from 5.03% to 7.03%.
Stay informed with Beat the Street Bulletin!
Keep Connecting Dots!
~Brooklyn Court has indicted Adani
~Where is it?
Ans: New York
~All prosecutors in New York are chosen by Soros, who're still trying to Jail Trump.
~Adani has pledged investment of $10 Billion in US Infra & Energy Projects, which are currently dominated b!!!
Adani Group: क्या सस्ता, क्या महंगा
1) Adani Ent
7 Yr Median PE: 112x
Present PE: 47x
2) Adani Port
7 Yr Median PE: 28.6x
Present PE: 24x
3) Adani Green
7 Yr Median PE: 264x
Present PE: 146x
4) Adani Power
7 Yr Median PE: 10x
Present PE: 15x
5) Adani Energy
7 Yr Median PE: 89x
Present PE: 57x
6) Ambuja Cem
7 Yr Median PE: 27x
Present PE: 42x
7) Adani Total
7 Yr Median PE: 175x
Present PE: 95x
8) Adani Wilmar
7 Yr Median PE: 84x
Present PE: 36x
9) ACC
7 Yr Median PE: 21x
Present PE: 21x
BEAT THE STREET BULLETIN
Date: 21-Nov-2024
NEW VENTURES & EXPANSIONS
- Bhageria Industries: Incorporated a wholly owned subsidiary, New Ahilyanagar Solar Private Limited, on Nov 20, 2024.
- Hyundai Motor:
- To establish 2 renewable energy plants in Tamil Nadu for captive use at the Chennai plant.
- Unveiled the IONIQ 9 three-row all-electric SUV with a 10-80% fast charge in 24 minutes.
PROJECTS & CONTRACTS
- Relicab: Received manufacturer approval for interconnecting control cables for POWERGRID projects (valid until Nov 2025).
- Marco Cable: Secured ₹10.43 crore orders for L.T. Aerial Bunched Cable supply.
- Jyoti Ltd: Bagged ₹12.75 crore orders for turbine pumps in Gujarat.
- Innovators Facade Systems: Received a ₹110 crore order for façade work including stone cladding.
- Aartech Solonics: Developed an Adaptive Alternate Power Module for armored vehicles and guns, enhancing fuel efficiency and engine life.
- Tata Power: Signed an MoU to explore financing for energy transition projects worth $4.25 billion, including solar-wind hybrid and battery storage initiatives.
FUNDRAISING UPDATES
- Emerald Finance: Board meeting scheduled on Nov 26 to consider raising funds via preferential issue.
- Protean eGov: NSE to sell its 10.15% stake via Offer for Sale (OFS) at ₹1550/share.
- Nippon AMC: Purchased commercial office space at One Lodha Place, Lower Parel, for ₹486 crore.
-
MEDICAL SECTOR UPDATES
- Natco Pharma: Filed an ANDA with Paragraph IV certification for a generic version of EVRYSDI® oral solution, potentially qualifying for shared exclusivity. EVRYSDI® reported $571 million US sales in 2023.
- Bharat Parenteral:
- Subsidiary Innoxel Lifescience out-licensed a $500M injectable drug, with $4.5M in milestones and 20% profit sharing post-launch.
- Innoxel also partnered for a $400M oral liquid NDA project, earning $1.95M in milestones and 45% profit sharing post-launch.
SHOWROOM OPENINGS
- D.P. Abhushan: Opened a new showroom in Neemuch, Madhya Pradesh, expanding its footprint in Central India.
- Popular Vehicles: Step-down subsidiary Prabal Motors inaugurated a new Bharat Benz 3S facility in Maharashtra to cater to commercial vehicle demand.
RESIGNATIONS & APPOINTMENTS
- Datamatics: Appointed Ankush Akar as Senior Vice President & Chief Financial Officer.
-
- East Blindtech: CFO and Compliance Officer Arpit Sharma resigned, effective Nov 9, 2024.
NEW PRODUCT LAUNCHES
- TVS Motor: Launched the TVS iQube 2.2 kWh variant in Nepal, now available in three variants.
- Hyundai Motor: Unveiled the IONIQ 9, an all-electric SUV with cutting-edge design and innovative EV technology, including 10-80% fast charging in 24 minutes.
OTHER UPDATES
- Coal India: Revised policy to allow coal supplies beyond ACQ for non-regulated sectors with incentives for performance above 100%.
- LIC: Increased stake in LTIMindtree from 5.03% to 7.03%.
Stay informed with Beat the Street Bulletin!
Keep Connecting Dots!
~Brooklyn Court has indicted Adani
~Where is it?
Ans: New York
~All prosecutors in New York are chosen by Soros, who're still trying to Jail Trump.
~Adani has pledged investment of $10 Billion in US Infra & Energy Projects, which are currently dominated b!!!
