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Daily Money Show 671 - Smallcap Volume Surge and Gas Cos

Original: # 671 Daily Money Show | Money Purse Stock Market News

50.4K views · Oct 23, 2023 · 19:30 min · Watch on YouTube ↗
Takeaway

Smallcap volumes are exploding and gas distribution plus power transformer manufacturers are key beneficiaries.

Summary

  • Bank Nifty +1.31% with broad-based smallcap rally; small-cap monthly turnover surged to 3500-3750 transactions
  • Gas distribution companies (e.g. Mahanagar Gas) seeing expanding volumes - 70% volume contribution mention
  • Government smart meter PSU power distribution / state electricity contracts; interest income flat, total deposits +18.8%
  • Transformer manufacturer with operating profit +58%, last-year +49%, net profit margin discussion - new MD appointed
smallcapgastransformers
Original description
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