Ramkrishna Forgings: March ’22 Results Update
Moneylife Digital Team 13 May 2022
Ramkrishna Forgings Ltd (RKLF) came out with a very good set of numbers and the management gave a robust guidance for FY22-23. We had covered the company here earlier. RKLF is India’s second-largest manufacturer and exporter of commercial vehicle (CV) forgings. The company, founded in 1981, supplies open and closed die-cast forgings of carbon and alloy steel, micro alloy steel and stainless...
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Devyani International: March ’22 Results Update
Moneylife Digital Team 13 May 2022
Devyani International (Devyani) reported a good quarter, withstanding the effects of inflation as well as January and February COVID impact. Its sales grew by 36%, operating profit grew by 19% and the net profit grew by 24.6% on a...
Borosil Renewables: March ’22 Results Update
Moneylife Digital Team 13 May 2022
Borosil Renewables reported gross quarterly revenue of Rs179 crore, up 6% quarter-on-quarter (q-o-q) but down 8% year-on-year (y-o-y). Operating profit was Rs59 crore down 16% q-o-q and 43% y-o-y and net profit was Rs46 crore,...
The Loneliness of a Long-term Investor
R Balakrishnan, 12 May 2022
“The Loneliness of the Long Distance Runner” was the title of one of the short stories (as well as the book that included it) by Alan Sillitoe. The book was subsequently made into a film. I have enjoyed all his works and this title...
Syngene International: Slow Growth, Rich Valuation
Moneylife Digital Team 12 May 2022
The discovery and development of new medicines is a highly complex and R&D (research & development)-intensive process. From drug discovery through to FDA (Food and Drug Administration) approval, developing a new medicine takes, on...
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