Introduction

Nupur Recyclers Ltd. focuses on the business of metal recycling. It specializes in importing non-ferrous metal scrap such as shredded zinc scrap, zinc die cast scrap, zurik ss scrap and aluminium zorba grades.

Observation

As we can see Rounding Bottom breakout on weekly chart with cross over on Aug. 28 with open marabuzu candle on day

Let's touch fundamentals

• ROCE -13.9 %
• ROC -9.12%
• Debt to equity - 0.16
• PE - 97.5
• Promoter Holding - 72.5%
  
• Public holding - 27%
• Promoter Holding Pledge -Zero
  

• Weekly Chart
• Rounding Bottom
  

1. Hundreds of people, including corporate leaders, politicians and celebrities, gathered in Mumbai on Thursday to pay their last respects to one of India's most respected business tycoons, Ratan Tata, who died aged 86.Known for his exemplary business acumen and philanthropic nature, as chairman he led various companies under the Tata conglomerate for more than 20 years, which had revenue of $165 billion in 2023-24.Although in recent years Tata was not as active in the day-to-day running of the group, he was consulted on big decisions by the Tata Sons leadership, a senior company executive told Reuters.Tata had been in a Mumbai hospital since Monday, but the cause of his death was not immediately made public.After his death, tributes poured in from around the world, underlining his popularity that transcended boundaries and generations."India and the world have lost a giant with a giant heart," U.S. ambassador to India Eric Garcetti said on X.

2. India's Adani Group plans to build 10 gigawatts of overseas hydroelectric projects over the next few years, four sources familiar with the plans told Reuters, helping the conglomerate reach its net zero carbon emissions goal by 2050.

3. Fortis Healthcare has received board approval to raise up to 15.50 billion Indian rupees through the issue of non-convertible debentures on a private placement basis, according to a filing to the stock exchanges on Wednesday.

Educational content 📖

Thu Oct 10, 2024