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Showing posts from May, 2024

Welspun Corp: Jal Jeevan Mission

  https://youtu.be/zpa5bWdRGCY?si=7jqS0qqRnN9w5-gr In the interim budget, Jal Jeevan Mission got the highest share (INR 69,926 crore within the total budgetary allocation (INR 77,390 crore) to the Department of Drinking Water and Sanitation.   Key Drivers - Saudi Arabia : EPIC’s well-established track record in the market, strong brand name and solid competitive advantages have resulted in the signing of a number of new contracts including a significant SAR 1 billion (~Rs 2,200 crore) contract awarded recently by SWCC NET DEBT reduced to INR 503 crore at the end of 9MFY24 compared to INR 1,837 crore at the end of 9MFY23 driven by strong free cash-flows from the businesses PAT: 9MFY24 it stood at INR 842 crore against a loss of INR 29 crore during the corresponding period previous year 

Maninfra: Down 20% from top

  https://youtu.be/lyjx_FB5xzY?si=qn9-cZlmX5i7wt4f Maninfra: Down 20% from top MICL is poised to achieve an expected Profit Before Tax of Rs. 400+ crore from this project. This shall comprise of the DM fees, Project Management Consultancy (PMC) fee on construction and an interest income on the initial investment made by the company in the project. This ultra-luxurious project at Marine Lines shall be another prestigious addition to MICL's real estate portfolio in South Mumbai.  It is set to become yet another tallest residential structures in India to be done by MICL group surpassing the height of above 800 feet.  With a proven track record of delivering all its 16 projects before time, MICL group intends to deliver this project in a span of 5 years from launch date.  With the total construction area of approximately 22 lakh square feet offering a RERA carpet area of around 5.3 lakh square feet for sale, the project is expected to generate total sales value of above ...