M&M, Dev Information Technology and REC to see some action today

16 Aug 2024 Evaluate

Mahindra & Mahindra (M&M) has unveiled the All-New Thar ROXX at a high-octane rock concert in Kochi, marking the eve of India’s 78th Independence Day, starting at a price of Rs 12.99 lakh. The Thar ROXX promises to redefine the SUV experience, offering an unmatched combination of luxury, performance, and cutting-edge technology. Built on an All-New platform, the Thar ROXX offers a seamless blend of refined ride quality, precise handling, world-class NVH (Noise, Vibration, and Harshness), and sophisticated driving experience.

Dev Information Technology (DEVIT) has secured a noteworthy order from Gujarat State Fertilizers & Chemicals, an undertaking of Gujarat Government worth approximately Rs 97 lakh towards Managed IT Services of entire Network Operating Centre (NOC) of GSFC, this shall provide a systematic approach to manage & maintain the entire email solution for a Smoother, fail-safe functioning of email facility at GSFC and provide a systematic approach to manage & maintain Active Directory Solution for smoother and failsafe functioning AD and RODC servers at GSFC.

REC’s Wholly Owned Subsidiary--REC Power Development & Consultancy (RECPDCL) has incorporated Wholly Owned Subsidiary namely Rajasthan IV 4B Power Transmission. The company has been incorporated for Transmission system for evacuation of power from Rajasthan REZ PhIV (Part-4: 3.5 GW): Part B.

JNK India has received a large order from Hindustan Petroleum Corporation (HPCL) on August 14, 2024 for setting up a new Process Plant - HP TDAE (Treated Distillate Aromatic Extracts) unit on LSTK (Lump sum Turnkey) contract basis at HPCL Mumbai Refinery.

Jindal Stainless in joint Venture (JV) with New Yaking Pte., has commissioned Nickel Pig Iron smelter facility located in an industrial park in Halmahera Islands, Indonesia, eight months ahead of the scheduled timeline. Through this JV with New Yaking Pte., Jindal Stainless has ensured the long-term availability of nickel for stainless steel production. The company had announced a collaborative agreement with New Yaking Pte., in March 2023, wherein the company acquired a 49% equity interest for around $157 million.

Power & Instrumentation (Gujarat) has been awarded significant contracts worth Rs 28.41 crore under the Mukhyamantri Ujjawal Jharkhand Yojana (MUJY) for the electrification of un-electrified and partially electrified habitations and households in Sahibganj District, Jharkhand. The projects aim to enhance electrification in both rural and urban areas of Sahibganj District, aligning with the objectives of the Mukhyamantri Ujjawal Jharkhand Yojana to improve living standards through better infrastructure.

Maithan Alloys has reported over 7-fold jump in its consolidated net profit of Rs 456.05 crore for the quarter ended June 30, 2024 as compared to Rs 59.64 crore for the same quarter in the previous year. Total consolidated income of the company increased by over 2-fold at Rs 936.07 crore for Q1FY25 as compared to Rs 448.07 crore for the corresponding quarter previous year.

Create stable, long-term investment portfolio with strong, consistent stocks.

Start Research-backed Investing ...Now. Subscribe to Sapphire

Address : The Alchemists Ark Pvt. Ltd., B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.