The earnings growth of Nitin Fire Industries lies in its subsidiary that makes CNG cylinders. The profitability of that business will start to flow from the December quarter
Nitin Fire Protection Industries is a leader in fire protection, safety, security and intelligent building management systems.
It also makes high-pressure seamless cylinders and refuelling systems. Both the businesses...
If FII money is not the fuel that is driving the market, what is?
From a high of 20,238 on 30th October, the Sensex fell all the way down to 18,333 on 12th November, a fall of 1,905 points. FII investment has slowed down. Some days have seen large negative outflows. November has been a net negative month so far. And yet, the market is up. Have hedge funds and speculators found a new way to...
Observe the nuances of social etiquette in different parts of the world - and keep learning
I was in New York with a client. We had invited a prospective collaborator to meet us at breakfast. Sam was there at the appointed time of 8.30a.m. My client and I were there in the lobby to meet him. After the preliminary ‘hellos’, we went into the dining room. The maitre d’ came for the order. My...
