Latest news with #TACC
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Business Standard
4 days ago
- Automotive
- Business Standard
TACC, CRRI partner to boost graphene use in durable road construction
LNJ Bhilwara Group firm TACC Ltd on Wednesday announced its collaboration with Central Road Research Institute (CRRI) to promote the use of graphene in road construction and infrastructure projects. This initiative will help redefine the road-building process, while driving the nation closer to its national and global sustainability goals, a statement said. The partnership aims to infuse graphene's properties into Indian pavements to deliver stronger and more durable roads, TACC, which produces graphene-based additives, said. TACC is positioning graphene as a strategic enabler in India's journey towards resilient, efficient, and climate-conscious infrastructure, complementing national initiatives like PM Gati Shakti and India's 2070 net zero emissions, it added. "Our partnership with CRRI ensures that cutting-edge research is translated into real-world impact, building roads that last longer, require less maintenance, and significantly reduce environmental footprint," Ankur Khaitan, Managing Director and Chief Executive Officer of TACC, said. Ambika Behl, Project Lead, CRRI, said, "The use of nano materials like graphene in road construction can help us tackle long-standing durability challenges while supporting the country's environmental goals." Graphene, a single layer of carbon atoms arranged in a hexagonal pattern is renowned for its extraordinary strength, superior conductivity, and light weight.
Zawya
22-07-2025
- Business
- Zawya
Dallas Mayor Signs City Sister Partnership with Dar es Salaam Counterpart
On July 22, 2025, Mayor of Dallas, Texas, USA, Eric L. Johnson and his Dar es Salaam counterpart Mayor Omary Kumbilamoto signed a Sister City Partnership aimed at deepening commercial, cultural, and educational ties. The signing ceremony, held at the Hyatt Regency Hotel in Dar es Salaam, was also witnessed by the United States Chargé d'Affaires Jonathan Howard, Tanzania's Ambassador to the United States, Elsie Kanza, and other Tanzanian government officials. Mayor Johnson is in Tanzania for an eight-day visit to explore trade opportunities and strengthen economic partnership between Dallas and Dar es Salaam as well as other parts of Tanzania. He is also visiting Zanzibar and Arusha. The mayor is joined by members of the Tanzanian American Chamber of Commerce (TACC), which is headquartered in Dallas, Texas, and seeks to promote bilateral trade between Tanzania and the United States. The delegation has had productive meetings with the Regional Commissioner of Dar es Salaam, representatives from various Ministries in the Tanzanian government, and the American Chamber of Commerce in Tanzania. As a major hub for American innovation in the agribusiness, health care, energy, tech, logistics, manufacturing, and financial services sectors, the City of Dallas has set a global standard for how municipal governments can leverage infrastructure development and business incentives to develop a vibrant economy. Thanks to its status as a commercial center and one of the fastest growing cities in the world, Dar es Salaam is a key gateway for unlocking international trade and investment in Tanzania with immense potential to create jobs and economic prosperity for citizens in both countries. Distributed by APO Group on behalf of U.S. Embassy in Tanzania.
Yahoo
23-05-2025
- Business
- Yahoo
Asian Penny Stocks To Watch In May 2025
With the recent de-escalation of trade tensions between the U.S. and China, Asian markets have experienced a boost in investor confidence, reflected in rising stock indices. This positive sentiment creates an intriguing backdrop for exploring investment opportunities beyond well-known companies. Despite its vintage connotation, the term "penny stocks" continues to capture interest as these smaller or newer firms can present significant value when underpinned by strong financials. Name Share Price Market Cap Financial Health Rating T.A.C. Consumer (SET:TACC) THB4.48 THB2.69B ★★★★★★ CNMC Goldmine Holdings (Catalist:5TP) SGD0.425 SGD172.25M ★★★★★☆ Beng Kuang Marine (SGX:BEZ) SGD0.18 SGD35.86M ★★★★★★ Yangzijiang Shipbuilding (Holdings) (SGX:BS6) SGD2.14 SGD8.42B ★★★★★☆ BRC Asia (SGX:BEC) SGD3.14 SGD861.46M ★★★★★★ Ever Sunshine Services Group (SEHK:1995) HK$1.87 HK$3.23B ★★★★★☆ Bosideng International Holdings (SEHK:3998) HK$4.42 HK$50.6B ★★★★★★ Lever Style (SEHK:1346) HK$1.15 HK$725.59M ★★★★★★ Goodbaby International Holdings (SEHK:1086) HK$1.20 HK$2B ★★★★★★ TK Group (Holdings) (SEHK:2283) HK$2.16 HK$1.8B ★★★★★★ Click here to see the full list of 1,171 stocks from our Asian Penny Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Luzhou Bank Co., Ltd. operates in the People's Republic of China, offering corporate and retail banking as well as financial market services, with a market cap of HK$7.45 billion. Operations: Luzhou Bank Co., Ltd. does not report specific revenue segments. Market Cap: HK$7.45B Luzhou Bank has demonstrated consistent earnings growth, with a 12.6% increase over the past year, outpacing the industry average. The bank maintains an appropriate level of non-performing loans and a robust allowance for bad loans. Despite its volatile share price, Luzhou Bank trades at a significant discount to estimated fair value. Recent financial results show net income growth, supported by stable interest income and an experienced management team. However, dividend stability remains uncertain despite recent increases in proposed dividends. The board's proposal to issue new shares could impact equity structure and shareholder value moving forward. Click here and access our complete financial health analysis report to understand the dynamics of Luzhou Bank. Gain insights into Luzhou Bank's historical outcomes by reviewing our past performance report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Star CM Holdings Limited focuses on producing, operating, and licensing variety program intellectual properties in China, with a market cap of approximately HK$888.74 million. Operations: The company's revenue is primarily generated from its Diversified - Media & Entertainment segment, amounting to CN¥163.15 million. Market Cap: HK$888.74M Star CM Holdings, with a market cap of HK$888.74 million, faces challenges as it remains unprofitable and has seen earnings decline significantly over the past five years. Despite having no debt and sufficient cash runway for over three years, its revenue from media and entertainment dropped to CN¥163.15 million in 2024 from CN¥426.57 million the previous year. The company's recent reduction in net loss was primarily due to the absence of a prior one-off impairment loss on goodwill rather than operational improvements, as joint ventures continue to operate at a loss and programs yield low gross profit margins. Click to explore a detailed breakdown of our findings in Star CM Holdings' financial health report. Explore historical data to track Star CM Holdings' performance over time in our past results report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Zhefu Holding Group Co., Ltd. focuses on the research, development, manufacture, installation, and service of hydropower equipment both in China and internationally, with a market cap of CN¥17.09 billion. Operations: Zhefu Holding Group Co., Ltd. does not report specific revenue segments, but it engages in the hydropower equipment sector, serving both domestic and international markets. Market Cap: CN¥17.09B Zhefu Holding Group, with a market cap of CN¥17.09 billion, operates in the hydropower equipment sector and demonstrates financial stability with short-term assets exceeding both long-term and short-term liabilities. The company reported first-quarter 2025 revenue of CN¥4.94 billion, reflecting growth from the previous year, though net income slightly decreased to CN¥270.81 million. Despite a low return on equity of 8.4%, Zhefu's debt is well-covered by operating cash flow and interest payments are comfortably managed by EBIT at 22.9 times coverage, indicating strong financial management amidst an unstable dividend track record. Jump into the full analysis health report here for a deeper understanding of Zhefu Holding Group. Gain insights into Zhefu Holding Group's future direction by reviewing our growth report. Click this link to deep-dive into the 1,171 companies within our Asian Penny Stocks screener. Interested In Other Possibilities? Uncover 16 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. This 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. Companies discussed in this article include SEHK:1983 SEHK:6698 and SZSE:002266. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error while retrieving data Sign in to access your portfolio Error while retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Asian Penny Stocks: Zhejiang Shibao And 2 Promising Market Contenders
As global markets react positively to the recent U.S.-China tariff pause, investor sentiment has been buoyed by easing trade tensions and slowing inflation. In this context, penny stocks—often representing smaller or newer companies—remain a compelling area for potential growth despite being considered a niche investment. By focusing on those with strong financial health and solid fundamentals, investors can uncover opportunities in these underappreciated stocks that may offer stability alongside significant upside potential. Name Share Price Market Cap Financial Health Rating T.A.C. Consumer (SET:TACC) THB4.48 THB2.69B ★★★★★★ CNMC Goldmine Holdings (Catalist:5TP) SGD0.425 SGD172.25M ★★★★★☆ Beng Kuang Marine (SGX:BEZ) SGD0.18 SGD35.86M ★★★★★★ Yangzijiang Shipbuilding (Holdings) (SGX:BS6) SGD2.14 SGD8.42B ★★★★★☆ BRC Asia (SGX:BEC) SGD3.14 SGD861.46M ★★★★★★ Ever Sunshine Services Group (SEHK:1995) HK$1.87 HK$3.23B ★★★★★☆ Bosideng International Holdings (SEHK:3998) HK$4.42 HK$50.6B ★★★★★★ Lever Style (SEHK:1346) HK$1.15 HK$725.59M ★★★★★★ Goodbaby International Holdings (SEHK:1086) HK$1.20 HK$2B ★★★★★★ TK Group (Holdings) (SEHK:2283) HK$2.16 HK$1.8B ★★★★★★ Click here to see the full list of 1,171 stocks from our Asian Penny Stocks screener. Let's explore several standout options from the results in the screener. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Zhejiang Shibao Company Limited, with a market cap of HK$9.17 billion, engages in the research, design, development, production, and sale of automotive steering systems and accessories in the People's Republic of China. Operations: No specific revenue segments are reported for Zhejiang Shibao Company Limited. Market Cap: HK$9.17B Zhejiang Shibao has demonstrated strong financial performance, with earnings growing significantly by 95.8% over the past year, outpacing the Auto Components industry. The company's debt is well-covered by operating cash flow, and it maintains more cash than total debt, indicating robust financial health. Its seasoned management and board of directors add to its stability. Despite these strengths, Zhejiang Shibao's share price has been highly volatile recently and its Return on Equity remains low at 9.8%. Recent dividend increases signal confidence in sustained profitability as evidenced by improved net profit margins from last year. Get an in-depth perspective on Zhejiang Shibao's performance by reading our balance sheet health report here. Examine Zhejiang Shibao's past performance report to understand how it has performed in prior years. Simply Wall St Financial Health Rating: ★★★★★★ Overview: JBM (Healthcare) Limited is an investment holding company involved in the manufacture, marketing, distribution, and sale of branded healthcare and wellness products across Hong Kong, Macau, Mainland China, and internationally with a market cap of approximately HK$2.11 billion. Operations: The company generates revenue from three main segments: Branded Medicines (HK$215.22 million), Health and Wellness Products (HK$85.81 million), and Proprietary Chinese Medicines (HK$419.51 million). Market Cap: HK$2.11B JBM (Healthcare) Limited shows promising growth potential with earnings forecasted to grow 13.27% annually. The company has demonstrated significant earnings growth of 67.2% over the past year, surpassing industry averages, and maintains high-quality past earnings. Its financial health is solid, with short-term assets exceeding liabilities and more cash than total debt, ensuring interest payments are well-covered by EBIT. Management and board members bring experience to the table, while stable weekly volatility adds a layer of predictability for investors. Despite a low Return on Equity of 16.1%, JBM trades significantly below estimated fair value, highlighting potential investment appeal in the penny stock space. Click here and access our complete financial health analysis report to understand the dynamics of JBM (Healthcare). Assess JBM (Healthcare)'s future earnings estimates with our detailed growth reports. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Food Empire Holdings Limited is an investment holding company that manufactures and distributes food and beverage products across Russia, Ukraine, Kazakhstan, CIS markets, South-East Asia, South Asia, and internationally with a market cap of SGD929.20 million. Operations: The company's revenue is primarily derived from South Asia ($264.76 million), Russia ($147.23 million), Ukraine, Kazakhstan and CIS markets ($124.68 million), and South-East Asia ($83.01 million). Market Cap: SGD929.2M Food Empire Holdings Limited, with a market cap of SGD929.20 million, has shown resilience in its financial structure despite recent negative earnings growth. The company's short-term assets significantly exceed both its short and long-term liabilities, indicating strong liquidity. While the Return on Equity is relatively low at 17.9%, debt levels are well-managed with cash exceeding total debt and interest payments covered by EBIT multiple times over. Recent strategic moves include securing a USD10 million loan for a new manufacturing facility in Kazakhstan, expected to enhance production capabilities and export potential in Central Asia. However, dividend sustainability remains questionable as it isn't well-covered by free cash flows. Navigate through the intricacies of Food Empire Holdings with our comprehensive balance sheet health report here. Review our growth performance report to gain insights into Food Empire Holdings' future. Explore the 1,171 names from our Asian Penny Stocks screener here. Looking For Alternative Opportunities? The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 28 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. This 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. Companies discussed in this article include SEHK:1057 SEHK:2161 and SGX:F03. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ 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
Yahoo
22-05-2025
- Business
- Yahoo
Asian Penny Stocks: Zhejiang Shibao And 2 Promising Market Contenders
As global markets react positively to the recent U.S.-China tariff pause, investor sentiment has been buoyed by easing trade tensions and slowing inflation. In this context, penny stocks—often representing smaller or newer companies—remain a compelling area for potential growth despite being considered a niche investment. By focusing on those with strong financial health and solid fundamentals, investors can uncover opportunities in these underappreciated stocks that may offer stability alongside significant upside potential. Name Share Price Market Cap Financial Health Rating T.A.C. Consumer (SET:TACC) THB4.48 THB2.69B ★★★★★★ CNMC Goldmine Holdings (Catalist:5TP) SGD0.425 SGD172.25M ★★★★★☆ Beng Kuang Marine (SGX:BEZ) SGD0.18 SGD35.86M ★★★★★★ Yangzijiang Shipbuilding (Holdings) (SGX:BS6) SGD2.14 SGD8.42B ★★★★★☆ BRC Asia (SGX:BEC) SGD3.14 SGD861.46M ★★★★★★ Ever Sunshine Services Group (SEHK:1995) HK$1.87 HK$3.23B ★★★★★☆ Bosideng International Holdings (SEHK:3998) HK$4.42 HK$50.6B ★★★★★★ Lever Style (SEHK:1346) HK$1.15 HK$725.59M ★★★★★★ Goodbaby International Holdings (SEHK:1086) HK$1.20 HK$2B ★★★★★★ TK Group (Holdings) (SEHK:2283) HK$2.16 HK$1.8B ★★★★★★ Click here to see the full list of 1,171 stocks from our Asian Penny Stocks screener. Let's explore several standout options from the results in the screener. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Zhejiang Shibao Company Limited, with a market cap of HK$9.17 billion, engages in the research, design, development, production, and sale of automotive steering systems and accessories in the People's Republic of China. Operations: No specific revenue segments are reported for Zhejiang Shibao Company Limited. Market Cap: HK$9.17B Zhejiang Shibao has demonstrated strong financial performance, with earnings growing significantly by 95.8% over the past year, outpacing the Auto Components industry. The company's debt is well-covered by operating cash flow, and it maintains more cash than total debt, indicating robust financial health. Its seasoned management and board of directors add to its stability. Despite these strengths, Zhejiang Shibao's share price has been highly volatile recently and its Return on Equity remains low at 9.8%. Recent dividend increases signal confidence in sustained profitability as evidenced by improved net profit margins from last year. Get an in-depth perspective on Zhejiang Shibao's performance by reading our balance sheet health report here. Examine Zhejiang Shibao's past performance report to understand how it has performed in prior years. Simply Wall St Financial Health Rating: ★★★★★★ Overview: JBM (Healthcare) Limited is an investment holding company involved in the manufacture, marketing, distribution, and sale of branded healthcare and wellness products across Hong Kong, Macau, Mainland China, and internationally with a market cap of approximately HK$2.11 billion. Operations: The company generates revenue from three main segments: Branded Medicines (HK$215.22 million), Health and Wellness Products (HK$85.81 million), and Proprietary Chinese Medicines (HK$419.51 million). Market Cap: HK$2.11B JBM (Healthcare) Limited shows promising growth potential with earnings forecasted to grow 13.27% annually. The company has demonstrated significant earnings growth of 67.2% over the past year, surpassing industry averages, and maintains high-quality past earnings. Its financial health is solid, with short-term assets exceeding liabilities and more cash than total debt, ensuring interest payments are well-covered by EBIT. Management and board members bring experience to the table, while stable weekly volatility adds a layer of predictability for investors. Despite a low Return on Equity of 16.1%, JBM trades significantly below estimated fair value, highlighting potential investment appeal in the penny stock space. Click here and access our complete financial health analysis report to understand the dynamics of JBM (Healthcare). Assess JBM (Healthcare)'s future earnings estimates with our detailed growth reports. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Food Empire Holdings Limited is an investment holding company that manufactures and distributes food and beverage products across Russia, Ukraine, Kazakhstan, CIS markets, South-East Asia, South Asia, and internationally with a market cap of SGD929.20 million. Operations: The company's revenue is primarily derived from South Asia ($264.76 million), Russia ($147.23 million), Ukraine, Kazakhstan and CIS markets ($124.68 million), and South-East Asia ($83.01 million). Market Cap: SGD929.2M Food Empire Holdings Limited, with a market cap of SGD929.20 million, has shown resilience in its financial structure despite recent negative earnings growth. The company's short-term assets significantly exceed both its short and long-term liabilities, indicating strong liquidity. While the Return on Equity is relatively low at 17.9%, debt levels are well-managed with cash exceeding total debt and interest payments covered by EBIT multiple times over. Recent strategic moves include securing a USD10 million loan for a new manufacturing facility in Kazakhstan, expected to enhance production capabilities and export potential in Central Asia. However, dividend sustainability remains questionable as it isn't well-covered by free cash flows. Navigate through the intricacies of Food Empire Holdings with our comprehensive balance sheet health report here. Review our growth performance report to gain insights into Food Empire Holdings' future. Explore the 1,171 names from our Asian Penny Stocks screener here. Looking For Alternative Opportunities? The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 28 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. This 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. Companies discussed in this article include SEHK:1057 SEHK:2161 and SGX:F03. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ 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
