Tue, Sep 10, 2024 12:43 PM
Slone Infosystems Ltd Secures Order – Net Profit Surged by 460% in FY24!
A Flip by Avya Verma
The Bangalore Metro Rail Corporation Limited (BMRCL) is set to initiate the process for acquiring properties for Namma Metro's Orange Line, linking JP Nagar 4th Phase to Kempapura. Under the first package of the project, 299 private properties have been identified for acquisition to facilitate the construction of an elevated corridor from JP Nagar 4th Phase to Mysuru Road.
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India has mandated that private companies issue securities in dematerialised form, increasing transparency and facilitating hassle-free transactions, but also allowing shares to be freely transferable, potentially posing a challenge for companies to track public shareholding and ensure compatibility with their vision.
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Fine Organic Industries is well-positioned to capitalize on growing demand for sustainable alternatives in global oleochemicals market, valued at USD37.9b in CY23 and projected to reach USD65.4b by CY30, through strategic investments in R&D & capacity expansion. However, capacity constraints & land acquisition challenges may delay new capacity buildup, leading to Sell rating with a TP of INR4,095.
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