"None of the listed chemical companies has the same business as Rossari. We believe Rossari will command a premium over most of its chemical peers as it is net debt-free as well as it has better asset turnover, working capital days, RoE and RoCE better than most of its peers. Only 10 percent of sales are dependent on imported raw material, of which less than 5 percent comes from China. As we are positive on the future outlook for the industry as well as the company, we would recommend subscribing to the issue," Angel Broking said. … [Read more...] about Analysts say subscribe to Rossari Biotech IPO despite high valuation, here is why
“Seeing the current market situation, we would advise investors to invest in Bharat ETF Bond for the long term because the return is predictable and also earlier bonds have delivered annualised return in the range of 14-18 percent. Additionally, it has a high credit rating and a good tool for diversification into debt,” Ajit Mishra, VP - Research, Religare Broking told Moneycontrol. … [Read more...] about Rossari Biotech IPO, Bharat Bond ETF & Yes Bank FPO: Where should investors put their money?
Notably, a curfew has been imposed in Mumbai, which means the movement of individuals is being strictly regulated and monitored at present. The restrictions are in place to contain the spread of the novel coronavirus disease, which has affected more than 35,000 people in the maximum city alone.Detained by @CPMumbaiPolice @MumbaiPolice … [Read more...] about Coronavirus lockdown | Activist praised by PM Modi in Mann ki Baat alleges harassment by Mumbai Police for helping migrants
To keep cash circulating to the farmers, foragers and fishing crews that depend on Blue Hill, Barber began selling boxes of fish, meat or seasonal vegetables for curbside pickup. Customers get a grab bag of ingredients both well-known (greenhouse cucumbers) and less familiar (Purple Sword celtuce stalks). Tucked into the boxes are recipes and background on the crops, including the information that the telltale holes in “beetle-bitten brassicas” were left by flea beetles, who have a knack for finding the sweetest plants in the field. … [Read more...] about Coronavirus impact | Your kitchen can be as well stocked as restaurants now
In other niche areas of corona medicare like diagnostic kits, rapid diagnostic kits and RNA extraction kits, the numbers of companies have gone up from 0 to 5, 2 and 8 respectively – as has the production. While there were no diagnostic kits at the beginning of the year, companies are now producing 111.2 million pieces per month. Likewise, for RNA extraction kits; non-existent at the beginning of 2020, 10.79 million pieces are being produced every month. In the case of COVID-19 rapid diagnostic kits, 27 million pieces per annum are on the anvil. … [Read more...] about From PPE kits to sanitisers to ventilators, COVID-19 has sparked off an indigenous cottage industry boom