Harsha Engg IPO – Final Subscription figures

Here are the final figures in Harsha IPO: QIB: 187X HNI (Big): 78.6X HNI (Small): 67.7X Retail: 18.5X Emp: 12.7X TOTAL: 78.5X Allotment Ratio (Tentative): HNI (Big): 1 out of 13 HNI (Small): 1 out of 52 Retail: 1 out of 13 Employee quota 12X subscription shows confidence of employees in the company…More

Inflation bites Germany, hard

Inflation bites Germany, hard. As you see from the above chart, the situation in Eurozone is grim. It is particularly grim in Germany. So much so that the production costs for Toilet paper have gone through the roof. Hakle, a century old German toilet paper maker which survived World War 1, The Great Depression &…More

Strong Reversal Chart Patterns

1) Double Bottom (Buy) The double bottom pattern is a bullish reversal pattern that occurs at the bottom of a downtrend and signals that the sellers, who were in control of the price action so far, are losing momentum The pattern resembles the letter “W” due to the two-touched low and a change in the…More

Shriram Properties – An Analysis

Shriram Properties Excellent last 3qtrs post listing n more visibility for next 24mnths Zero inventory-completed projects 85% ongoing inv sold Improving return ratios 15% Revenue recognition – FY23 5msf-ongoing Debt free-1.5yrs 12 potential projs-FY23 300cr FCF in 2yrsMore