At Wisdomsmith, we have been happy to see India’s two SME exchanges providing an avenue for SME entrepreneurs to raise equity capital. It is hard for most SME businesses that are not tech startups to raise venture capital funding. This week, Innomet Advanced Materials, a Hyderabad based SME company, will…
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The recently announced acquisition of the digital examination – called DEX for short – from NSEIT, a subsidiary of India’s leading exchange National Stock Exchange (NSE), could be a good deal for CL Educate shareholders. DEX conducts digital, multiple-choice type of exams. The tests are mainly of 2 types –…
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By making wild, reckless allegations against India’s securities regulator, and personal attacks on two top class professionals, Hindenburg’s true colours are exposed: its main goal is not financial research, but financial terrorism. Dhaval Buch has had a stellar professional career. An IIT Delhi grad, he worked for around two decades…
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Bulk deal data from the website of the National Stock Exchange of India (NSE) suggests Graviton Research Capital LLP could be India’s largest high frequency trading firm, and it seems to be doing extremely well. Some stats for the month between 21-06-2024 to 21-07-2024: Graviton accounted for 21% of bulk…
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The Indian paint industry is headed for a fascinating battle. The undisputed market leader, Asian Paints, is finally getting worthy challengers, who will seek to grab a share of the market cap owned by it. We think it won’t be just any battle, it will be a war on the…
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The share price of Sarthak Metals has come down to Rs 195 and is just 5% over its 52-week low. Sarthak’s share price movement contrasts with the overall market, which is at an all-time high. While there are valid reasons for stock price to have come down, current levels may…
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Sarthak Metal’s core business of supplying certain consumables – cored wires and aluminium flipping coils – for the manufacture of steel continued to suffer headwinds in FY24. For the second year in a row revenue fell, coming down to Rs 305 crore in FY24 as compared to Rs 408 crore…
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CL Educate’s FY24 show that the company is moving in the right direction in both its businesses. In its education business, the main point for investors to focus on is – how are the new business segments of Study Abroad, CUET and Platform services are growing. In FY24, these business…
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DJ Media Print and Logistics Limited, a listed company, is in the niche business of printing and document related services. One of its growing businesses is Document Imaging and Archival Services. As part of this business, DJ Media offers high speed document scanning, and then archival and storage services for…
Read More Sarthak Metals has battled volatile input and metal prices driven by weak Chinese and Global economy in the last 2-3 quarters. Revenues were down 19% y-o-y in Q3 ‘24 to Rs 75 crore due to muted exports in the cored wire segment and uncharacteristic margin squeeze in the aluminium segment….
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