finan.tree

Credit card spends in November dropped 16.1 per cent month-on-month (M-o-M) to Rs 1.7 trillion, owing to moderation in consumer spending, following strong festival season momentum in October, latest data by the Reserve Bank of India (RBI) showed.

Meanwhile, growth in credit card issuances also slowed significantly in November, with the industry adding only 350,000 net credit cards. This compares to 1.3 million net additions during the same period last year.

Net additions of credit cards started slowing down after the RBI, in November last year, increased risk weight for banks on unsecured lending.

State-run board on Tuesday cleared the decks to kick off pre-project activities for its plans to set up a Rs 95,000-crore greenfield refinery at Ramayapatnam in Nellore district of Andhra Pradesh, with a capacity of 9 million tonnes per annum.

India has doubled power generation through Nuclear Energy in last decade: Dr Jitendra Singh

Projected to triple by 2031-32:

Slew of measures taken under Prime Minister to boost Atomic Energy sector in India: Dr Jitendra Singh

India’s commitment to peaceful purposes of atomic energy, as envisioned by Dr. Homi Bhabha

🚨 After Apple, Google Pixel set to be manufactured in India.

Dixon Technologies will manufacture Google Pixel devices in India from its Noida facility.

Data center theme connected direct & indirectly stocks list.

Network ~ Advanced cloud services.

~ Data center maintance services

~ Data center infrastructure

~ Telecom equipment

~ equipment provider.

~ End to end support for cloud base & server equipment.

~ Psu company in data center.

ltd ~ Telecom equipment

ltd ~ Telecom equipment

~ Power back-up

~ Power back-up

Big Fund Portfolio Updates 📚

Afcons lnfrastructure Ltd.

Goldman Sachs India Equity Buy 25,29,066 @ 443.65

Jupiter India Fund Buy 25,23,168 @ 446.70

Nomura Funds Ireland India Buy 18,44,133 @ 453.40

Nomura India Investment Fund Mother Fund Buy 31,00,000 @ 453.40

Companies with Strong result

Inox Wind
Shakti Pump
IFB Industries
CDSL
Anup Engineering
Ambar Proteins
GMR Power and Urban Infra
Macrotech Developers
Arvind Smartspaces
Krsnaa Diagnostics
Nuvama Wealth
Texmaco Rail
Urban Enviro
Sharda Cropchem
Jammu Kashmir Bank
Mason Infra
Bella Casa Fashion
Apollo Microsystems
Kamat Hotels
Kirloskar Pneumatic
EFCI
V2 Retail
Chalet Hotels
Manorama Industries
PNGS Gargi Fashion
Aster DM
Heritage Foods
KPIT Technologies
Godrej Properties
Amber Enterprises

IPO Stats Year to Date

Main Board
Total: 66
Listed in Gain: 52
Gain %: ~78%

SME
Total: 211
Listed in Gain: 190
Gain %: ~90%

Either Investment Bankers & Market Makers are doing a pathetic job at pricing these or there is something really wrong with the IPO market

Balu Forge 🔩

✅Eyeing 40-45% growth in Fy25

🎯Looking at the current trajectory they will surely surpass this no. too

Good thing is that now they are focusing on their core competence rather than spreading their wings into newer territories.

Insolation Energy Preferential Share: Prominent Names

Ashish Kacholia

Polycab Promoters (Interesting)

Siddarth Iyer