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Indian Express
04-06-2025
- Business
- Indian Express
Thug Life box office advance booking: Kamal Haasan, Mani Ratnam's reunion sells tickets worth Rs 9.6 crore, lower than Indian 2 and Vikram
Thirty-eight years after their last crime epic, Nayakan, actor Kamal Haasan and filmmaker Mani Ratnam are reuniting for another. Thug Life is all set to hit cinemas this Thursday, on June 5. However, if one goes by its advance booking figures, the buzz for the movie still much lower than Haasan's last two releases. The current advance booking of Thug Life in India amounts to Rs 3.29 crore. Out of this, the native Tamil version scores the biggest chunk at Rs 2.89 crore, followed by Telugu (Rs 26 lakh) and Hindi (Rs 14 lakh). Out of the Tamil version, the biggest chunk is of the 2D version (Rs 2.84 crore), followed by IMAX 2D (Rs 5 lakh) and 4DX (Rs 10,850). As per Sacnilk, combined with block seats, the total advance sales of Thug Life on Thursday stands at Rs 9.6 crore. While this is a significant number, the figure is much lower than Haasan's last two releases. S Shankar's vigilante film Indian 2 last year had advance sales of Rs 17.9 crore. Meanwhile, Lokesh Kanagaraj's 2022 action thriller Vikram clocked in Rs 15.3 crore as advance sales. The advance sales of Thug Life are also much lower than the two instalments of Ratnam's period epic Ponniyin Selvan, which released in 2022 and 2023 respectively. While PS1 sold tickets worth Rs 18.95 crore, PS 2 also registered advance sales worth Rs 11 crore. A big blow to Thug Life comes in the form of it not releasing in Karnataka on Thursday. The remarks made by Haasan at a promotional event in Chennai sparked a backlash in Karnataka, prompting the KFCC to announce that the film would not be screened in the state unless Haasan apologises. He has refused to do so. In response, the production company co-founded by Haasan filed a plea before the High Court seeking protection for the film's release. The Karnataka High Court rapped the actor-politician for refusing to apologise for his 'Kannada was born out of Tamil' remark. Observing that a 'single apology could have resolved the situation,' the HC said, 'Freedom of expression cannot be extended to the extent of hurting someone's sentiment, of a mass in particular… Spoken words cannot be taken back, and they can only be apologised….you cannot unscramble the scrambled egg.' However, the counsel for Haasan asserted that the comments by the actor were not made with 'malice,' and thus did not warrant an apology. 'It is not ego at all,' he argued and submitted that the screening of the movie would not be insisted upon in Karnataka till the issue gets resolved through dialogue with Kerala Film Chamber of Commerce. Also Read: Pro-Kannada organisation warns theatre owners on Kamal Haasan's Thug Life release in Bengaluru amid Kannada language row The court also scheduled the next hearing on June 10 for the plea by Haasan's production house, Raaj Kamal Films International, seeking adequate security for the movie's release in the state amid widespread protests and a boycott call by the KFCC following the actor's remark. The KFCC has also demanded that Haasan apologise.
Yahoo
23-05-2025
- Business
- Yahoo
Greenpanel Industries Ltd (BOM:542857) Q4 2025 Earnings Call Highlights: Strong Export Growth ...
Release Date: May 22, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Export volumes increased by 34% year-on-year, indicating strong international demand. Domestic MDF realizations rose by 7.4% due to a higher mix of value-added products. Export realizations improved by 9.6% year-on-year, reflecting better pricing strategies. The company expects a 35% volume growth with the new production line, indicating potential for increased market share. Implementation of BIS QCO from February 2026 is expected to boost demand for MDF and plywood. Domestic sales volumes fell by 25% year-on-year due to discontinuation of commercial grade MDF. Plywood volumes decreased by 12% year-on-year, indicating challenges in that segment. Post-tax profits for the quarter decreased by 1% compared to the previous year. Gross margins fell by 900 basis points to 46.9%, indicating increased cost pressures. Net working capital increased by 8 days year-on-year due to lower turnover and high inventory levels. Warning! GuruFocus has detected 5 Warning Sign with BOM:542857. Q: How do you plan to ramp up capacity utilization at the Andhra Pradesh plant, and what impact will this have on costs? A: We expect about 11-12% growth in volumes from existing lines and anticipate 72,000 cubic meters from the new line, leading to a 35% overall volume growth. This should help manage costs effectively. - Managing Director Q: Can you explain the EPCG incentives and their impact on future quarters? A: The total EPCG incentive is about INR 86 crores, with INR 35 crores accounted for in FY25. The remaining INR 51 crores will be recognized over FY26 and FY27, proportionate to sales. - CFO Q: What is the current status of MDF imports in India, and how do you see this trend evolving? A: Imports have significantly decreased, with April figures around 1,100 cubic meters. We do not expect a significant increase in imports moving forward. - CFO Q: What are the expected margins for the export business, and how did they perform in Q4? A: Export volumes are expected to be around 80,000 cubic meters, with Q4 margins at approximately 1.75%. We anticipate improved margins due to better product mix and potential currency benefits. - CFO Q: How do you foresee the demand and supply dynamics for MDF in South India? A: There are about 3-4 MDF manufacturers in South India, with a total supply of approximately 1.3 million cubic meters. Around 35-40% of domestic demand is from South India, and we expect to capture a significant market share due to limited new capacity additions. - Managing Director For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Straits Times
01-05-2025
- Climate
- Straits Times
UK records hottest ever May Day
Like other European countries, the UK has been experiencing a heatwave since the beginning of the week. PHOTO: EPA-EFE LONDON - The UK recorded its hottest ever May Day on May 1, having just experienced its sunniest April since records began, according to the Met Office. The unprecedented temperature of 29.3 deg C was recorded at the famous botanical park Kew Gardens in south-west London. The previous record of 27.4 deg C was set in 1990 in the coastal town of Lossiemouth in northern Scotland. This May 1 is also the hottest day of the year so far in the country. Like other European countries, the UK has been experiencing a heatwave since the beginning of the week. According to early estimates from the Met Office, April was the sunniest since meteorological records began in 1910. It was also the third warmest, with an average temperature of 9.6 deg C – 1.7 deg C above the long-term average. 'The sun is as strong as it usually is in August,' said Met meteorologist Aidan McGivern. The high temperatures and dry conditions have led to numerous fires across the country. On May 1, a fire broke out in West Yorkshire in northern England, adding to the more than 400 fires recorded in the country so far in 2025, according to the National Fire Chiefs Council. That number is significantly higher than in previous years. Over a hundred blazes have scorched more than 30ha of forests, according to data from the European Forest Fire Information System. Scientists warn that climate change driven by humanity's fossil fuel emissions is making periods of intense heat more likely, longer-lasting and more intense. AFP Join ST's Telegram channel and get the latest breaking news delivered to you.
Yahoo
24-04-2025
- Business
- Yahoo
CAFCA (JSE:CAC) Shareholders Will Want The ROCE Trajectory To Continue
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. Speaking of which, we noticed some great changes in CAFCA's (JSE:CAC) returns on capital, so let's have a look. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for CAFCA: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.096 = Z$80b ÷ (Z$912b - Z$72b) (Based on the trailing twelve months to March 2024). Thus, CAFCA has an ROCE of 9.6%. In absolute terms, that's a low return and it also under-performs the Electrical industry average of 27%. View our latest analysis for CAFCA Historical performance is a great place to start when researching a stock so above you can see the gauge for CAFCA's ROCE against it's prior returns. If you're interested in investigating CAFCA's past further, check out this free graph covering CAFCA's past earnings, revenue and cash flow. The fact that CAFCA is now generating some pre-tax profits from its prior investments is very encouraging. Shareholders would no doubt be pleased with this because the business was loss-making five years ago but is is now generating 9.6% on its capital. And unsurprisingly, like most companies trying to break into the black, CAFCA is utilizing 14,864% more capital than it was five years ago. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, both common traits of a multi-bagger. On a related note, the company's ratio of current liabilities to total assets has decreased to 7.9%, which basically reduces it's funding from the likes of short-term creditors or suppliers. This tells us that CAFCA has grown its returns without a reliance on increasing their current liabilities, which we're very happy with. To the delight of most shareholders, CAFCA has now broken into profitability. Since the stock has returned a staggering 43,947% to shareholders over the last five years, it looks like investors are recognizing these changes. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. On a final note, we found 3 warning signs for CAFCA (1 is a bit concerning) you should be aware of. While CAFCA isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
21-04-2025
- Business
- Yahoo
Why CoreWeave, Quantum Computing, and Digital Turbine Plunged Today
The market sold off speculative stocks in a big way on Monday as the U.S. economy appeared to be heading toward more turbulence driven by tariffs. The U.S. dollar dropped, yields are up, and business confidence is in freefall. Tech stocks were some of the hardest hit, but it wasn't all tech that was impacted today. Companies with cash flow and great balance sheets are still well positioned. But the more speculative companies were down more than the 3% market drop. Digital Turbine (NASDAQ: APPS) fell as much as 10.9% on Monday, Quantum Computing (NASDAQ: QUBT) was off 10.1%, and CoreWeave (NASDAQ: CRWV) plunged 14.2% at its low. The stocks ended the day down 6.4%, 8.4%, and 9.6%, respectively. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The market overall was down over 3% today, and the reasons had a lot to do with macro factors. Tariffs are clearly having a big impact on investors beyond just the stock market. Today, the dollar index fell 1% and is now down about 10% for the year, giving U.S. consumers less buying power around the world. This is on top of tariffs that will make all goods more expensive. Yields in the U.S. are also up, making it more expensive for companies and the government to borrow money. Higher yields are an economic headwind, but they may be necessary to fight the inflation brought by tariffs. Add all of this up, and investors are selling risky assets like equities today. The big decline in Digital Turbine, Quantum Computing, and CoreWeave was driven by two major factors. First, the stocks are high beta, which is a measure of volatility. When the market falls, they generally magnify the market's move. On top of volatile trading, none of these three companies are profitable. If the economy goes south or the market declines, it could lead to higher losses and a tougher market for raising funds. Investors don't like uncertainty, and the future is especially uncertain for companies that aren't on solid financial footing right now. The market is trying to figure out what the future looks like for the economy and technology companies. The economy looks like it's in for a rough summer as tariffs will cramp consumer spending, and higher borrowing costs will impact companies' expansion plans. But it's the uncertainty that the market doesn't like. Big moves in the dollar and yields indicate investors are shifting how they view safety, and that's causing big shifts in the market. The appetite to take risks on unprofitable companies isn't what it was just a few months ago. That doesn't bode well for the future of these stocks in the market. They need to generate more revenue and start turning a profit to be sustainable in the long term. I think investors can use a time like this to buy high-quality companies that can be aggressive with acquisitions or buybacks in a market decline. That's where I'm seeing opportunities today. Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $524,747!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $622,041!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 153% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 21, 2025 Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why CoreWeave, Quantum Computing, and Digital Turbine Plunged Today was originally published by The Motley Fool Sign in to access your portfolio
