General Trading Chat

travi

Well-Known Member
Yeah, onion went above 100Rs., as did many vegetables.

Now Bru 1 rupee sachet of coffee is discontinued, it is priced at Rs. 2 !!
During this covid, everyone has jacked up prices. Sad for consumers / working class that aren't able to leverage the same in their output and instead face salary stalling, cuts, no hikes etc
 

checkmate7

Well-Known Member
During this covid, everyone has jacked up prices. Sad for consumers / working class that aren't able to leverage the same in their output and instead face salary stalling, cuts, no hikes etc
Daily earners are facing the heat..For them its very difficult in covid times..
 
Daily earners are facing the heat..For them its very difficult in covid times..
Not only that, even the shopkeepers are in distress, except for the essentials. They are not getting the manufactured goods like shoes, towels etc. All the shops are at present selling their inventory / last year's stock.
 

checkmate7

Well-Known Member
Not only that, even the shopkeepers are in distress, except for the essentials. They are not getting the manufactured goods like shoes, towels etc. All the shops are at present selling their inventory / last year's stock.
Yes thats true and its hard for them to survive with Amazon/Flipkart/Bigbasket. Since ppl are preferring not to go out for shopping if it can come to them with the price they are offering.
 
Yes thats true and its hard for them to survive with Amazon/Flipkart/Bigbasket. Since ppl are preferring not to go out for shopping if it can come to them with the price they are offering.
In a way, it is good because the formal economy gets a boost that way.
 
I don't think Tatasteel price has factored in the results, right ?

Tata Steel's Q2 consolidated net profit plunges 60% to ₹1,635 cr
3 min read . Updated: 13 Nov 2020, 07:50 PM ISTEdited By J. Jagannath
  • India operations generated an EBITDA of ₹6,025 cr and Tata Steel standalone EBITDA margin crossed 29% with an EBITDA/t of ₹13,127
  • Swedish steelmaker SSAB confirmed it is in discussions concerning a potential acquisition of Tata Steel Europe's Dutch IJmuiden steel mill
https://www.livemint.com/companies/...plunges-60-to-rs-1-635-cr-11605276703142.html

1605287089138.png


It has filled up the gaps.
 

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