Finance, Projects and Charity

Hindernberg is a cheat, making money Selling shares without much credentials.   SEBI has send them Showcause notice, which boiled them. See Business Standard Newspaper Report.  https://www.business-standard.com/markets/news/sebi-has-a-strong-case-against-us-based-hindenburg-research-say-lawyers-124070301124_1.html Rahul Gandhi want this type of people to make the market unstable, before $1 billion had been gifted by George Soros. He failed.  This matter is there in the Supreme Court and no evidence has been found. Report on Economic Times... Click the link below: https://m.economictimes.com/news/india/adani-hindenburg-saga-a-chronology-of-how-a-us-short-seller-sent-one-of-indias-biggest-conglomerates-into-turmoil/articleshow/112440951.cms#:~:text=January%203%2C%202024%3A%20The%20Supreme,led%20conglomerate%20of%20further%20investigations. Apart from that, Adani Got half a Billion dollar to start container factory in Sri Lanka from USA investors. They told, this i

Shares Which Stood At 50% Discount :- Maharashtra Seamless  It's an Iron and Steel Company.   Face Value is Rs5. Current Market Price is 579.65 Price Earning is 11.92. Price/Book Value is 1.98. Price/Sales is 2.10. Market Capitalisation is 7767 crore.  Return On Equity is 16.60%. Double dividend received in March 2024. Net Profit is 134 crore.  Reserve & Surplus is 5663 crore Intrinsic Value is Rs752. ROCE is 20.36 Peg is 0.45 FII investments are 9.23% DII investments are 5.37% Sales is down to 1150 crore Cash Flow is getting positive Interest coverage is too high at 160.99. Expect less in the years to come.  Advertisement :-