Medi Assist Healthcare Services Limited is into providing Third Party Administration (TPA) services in India to insurance companies. Medi Assist Healthcare Services Limited acts as a facilitator between (a) insurance companies and their policyholders, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. Through its…
Goodluck India Ltd (formerly, Goodluck Steel Tubes Ltd) manufactures sheets, pipes, engineering structures, fabricated structures, forgings, and automobile tubes. Goodluck India Ltd, incorporated in 1986, has 5 manufacturing facilities in Sikanderabad (Uttar Pradesh) and 1 in Kutch (Gujarat), with a total installed capacity of more than 450,000 tonnes per annum. We believe Goodluck India Ltd.…
Updater Services is an emerging business operating in the areas of Integrated facilities management and business support services. With a humble beginning, Updater Services Ltd has scaled up the value chain and established itself as a pan India player with presence across metro & major cities. Their clients include well known business across FMCG, manufacturing…
Dharmaj Crop Guard Limited, incorporated in 2015, is a microcap agrochemical company; Dharmaj Crop Guard Limited manufactures, distributes and markets a wide range of agrochemical formulations from its facility in Ahmedabad, Gujarat and active ingredients and intermediates at Saykha GIDC, Bharuch, Gujarat. Dharmaj Crop Guard Limited was listed on the BSE & NSE on 8…
Cantabil Retail India Ltd: A Promising Retail Play on India’s Consumption Revival Cantabil Retail India Ltd. is involved in designing, manufacturing, branding, and retailing branded apparel and accessories for men, women, and kids in the economy to mid-premium price segments, with 500+ EBOs and a debt-free balance sheet. Cantabil Retail India has set its sights…
In case you have some questions that need clarifications, please feel free to reach us at info@congruenceadvisers.com
Regulatory overhang continues to keep stocks under pressure Q4 results have been a mixed bag on expected lines. By the end of Q4, the equity market had been in a consolidation phase for almost 18 months within the same range. Such long range bound consolidations tend to depress broking volumes in the cash segment, this segment is typically…
Regulatory action picks up pace Over the past few years the insurance sector has had to deal with an active regulator and a Government that is keen to plug tax loopholes across asset classes. A few of the draft papers and policy decisions announced over the recent past include – Some of these developments can potentially…
Discretionary spending starts to slow down, predictably Ever since the prospect of a technical recession broke in the US, it was mere prudence to get a bit cautious about the growth visibility for IT Services businesses. Every time the US Fed has embarked on an aggressive rate tightening regime, it has always broken something in the economy. This…
A virtuous cycle playing out Lenders got hit with a lot of uncertainty in 2020 which continued through FY21. It is only after the emergence of common knowledge that COVID related dislocations and lockdowns were surely past us that the sector started recovering from the doldrums. As the environment started tending towards normalcy, banks saw…