Issue of 21st Aug-27th Aug 2023
Moneylife Online Magazine
Brightcom Group – Set To Become a Case Study of Fraud & Manipulation
The unprecedented second interim order of the market regulator against  the Brightcom Group Ltd (Brightcom) on 22nd August had no surprises for discerning investors, analysts or commentators. It is a bit like Byju’s—everybody had seen it coming for over a year. And yet, the sheer audacity of the fraud, collusion, stock price manipulation and... Read More
Best Agrolife Limited (BAL) operates as a generic company in the agro-chemicals industry. With new product launches through its patented and off-patent products, it was able to increase revenue in the past three years. It has planned capital expenditure (capex) of Rs200 crore in FY23-24 to...
Moneylife Digital Team
Man Industries (India) Ltd (MAN) suffered production halt for 17 to 18 days and inventory damage in June 2023 due to cyclone Biparjoy and the accompanying heavy rainfall. It is executing capital expenditure (capex) of around Rs800 crore up to FY24-25. The company has unexecuted order-book of...
Moneylife Digital Team
Maharashtra Seamless Ltd (MSL) reported a surprise decline in sales due to preventive maintenance of 15 days which led to lower production by 10,000 tonnes. It was also affected by seasonal factors. It has become a 100% gross debt-free company as of Q1FY23-24 with cash reserves of Rs1,000...
Moneylife Digital Team
Pricol reported good set of results for Q1FY23-24. Sales increased by 21% year-on-year (y-o-y), operating profit increased 21% and operating profit margin remained flat y-o-y at 12.04%. Net profit was up a strong 55% y-o-y and net profit margin improved by 132bps (basis points)...
Moneylife Digital Team
Steelcast Limited (SCL) has exposure to core industrial sectors like earth-moving, mining & mineral processing, locomotives, cement, transportation, steel, etc, and is placed to benefit from capital expenditure (capex) and infrastructure spend in India and other countries. SCL’s...
Moneylife Digital Team
Tube Investments of India Limited (TII) is a Murugappa group company, one of India’s leading manufacturers of engineered products used by auto companies, railways, construction, mining, agriculture and others. The company has mainly three business segments: engineering, metal-formed products,...
Moneylife Digital Team
Vishnu Prakash R Punglia Limited (VPRPL) is an ISO9001:2015 certified integrated engineering, procurement and construction (EPC) company with experience in the design and construction of various infrastructure projects for the Central and state governments, autonomous bodies and private...
Moneylife Digital Team
Aeroflex is a manufacturer and supplier of environmentally-friendly metallic flexible flow solution products, such as a variety of hoses, hose assemblies, exhaust connectors, exhaust gas recirculation (EGR) tubes, expansion bellows, compensators, and related end-fittings. Collectively...
Moneylife Digital Team
Technology is a double-edged sword; it improves lives in myriad ways but, on the flip side, it often hurts the underprivileged in multiple ways. Take the case of digital fraud, where a set of victims loses Rs500 each. This sum may mean nothing to a middle-class or affluent person, but it...
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