TVS Motor Company partners with Bahwan International Group to strengthen presence in Iraq
TVS Motor Company partners with Bahwan International Group to strengthen presence in Iraq

TVS Motor Company partners with Bahwan International Group to strengthen presence in Iraq

Bahwan International Group (ARATA International FZC) and their channel partners plan to operate more than 30 dealerships for TVS Motor Company.

DSIJ Intelligence Article rating: 5.0

As per the tri-party deal arrangement, ARATA International FZC will be the new distributor. Building on this partnership, the groups will also explore other avenues of cooperation in Oman and India.

Acrysil starts production of additional units of quartz kitchen sinks
Acrysil starts production of additional units of quartz kitchen sinks

Acrysil starts production of additional units of quartz kitchen sinks

The expansion in production capacity is to meet the growing demand for quartz kitchen sinks in the global market.

DSIJ Intelligence Article rating: 3.7

Acrysil, the largest manufacturer of quartz kitchen sinks in Asia has announced that their capacity expansion of additional 140,000 units at their Bhavnagar plant in Gujarat has been completed. The manufacturing capacity of quartz kitchen sinks has jumped from 700,000 units to 840,000 units per annum.

Coforge tumbles 6 per cent after Q2FY22 result misses street estimates
Coforge tumbles 6 per cent after Q2FY22 result misses street estimates

Coforge tumbles 6 per cent after Q2FY22 result misses street estimates

The board has recommended an interim dividend of Rs 13 per share, and the record date for this payout will be November 8, 2021.

DSIJ Intelligence Article rating: 4.4

India’s leading global IT solutions organization recently announced its financial results for the quarter ended September 30, 2021. The company reported strong growth in revenue, significant expansion in EBITDA margin and has continued increase in its billable headcount. Deal flow has been robust with three large deals secured.

What does the options market suggest about todays trade?
What does the options market suggest about todays trade?

What does the options market suggest about todays trade?

The Nifty 50 Put Call Ratio (PCR) closed above 0.63. A PCR above 1 is considered bullish while a PCR below 1 is considered bearish.

DSIJ Intelligence Article rating: 5.0

Fresh Put writing was visible at 17500 as well as 18000 on October 22, 2021

Privatization bound BPCL Board approves of the amalgamation of BORL
Privatization bound BPCL Board approves of the amalgamation of BORL

Privatization bound BPCL Board approves of the amalgamation of BORL

Amalgamation is expected to enhance the valuation of BPCL bound for privatization but rising fuel prices may act spoiler.

Shreya Banthia Article rating: 3.9

In the Board Meeting held on October 21, the scheme of amalgamation has been approved by the members. The amalgamation will consolidate BPCL’s presence in Bina facilitating future expansion and diversification in the region. BPCL, which is a Maharatna PSU holds 14-15 per cent of the country’s total refining capacity. Amalgamation is expected to enhance the valuation of BPCL bound for privatization by enhancing its refining capacity. 

Meet the value investment mastermind - Mohnish Pabrai
Meet the value investment mastermind - Mohnish Pabrai

Meet the value investment mastermind - Mohnish Pabrai

Sometimes copying someone else's style can make you a fortune.

DSIJ Intelligence Article rating: 3.9

The man who had bid USD 650,100 for a charity lunch with Warren Buffett, an Indian American businessman, investor, and philanthropist, Mohnish Pabrai is definitely a well-regarded trending personality in India and abroad. 

 

Rajratan Global Wire locks at 5 per cent upper circuit post stellar Q2FY22 results
Rajratan Global Wire locks at 5 per cent upper circuit post stellar Q2FY22 results

Rajratan Global Wire locks at 5 per cent upper circuit post stellar Q2FY22 results

Their stock has jumped 20 per cent in the last one month and more than 190 per cent over the last 6 months. 

DSIJ Intelligence Article rating: 4.0

India's leading manufacturers of high carbon steel wire, Rajratan Global Wire scrip forze at 5 per cent upper circuit after reporting phenomenal Q2FY22 results.

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