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Rajesh Jejurikar, Executive Director of M&M points to changing consumer behaviour - increasing online booking of Mahindra vehicles. Online bookings hit 25% of the total for the Scorpio N. When Thar launched in 2010, online bookings was 5%.
Big Bull Rakesh Jhunjhunwala cuts stake in key stocks in Q1, Sunil Singhania goes on a shopping spree. See Deeksha Janiani's analysis:
With the #Zomato Blinkit deal facing many questions, investors should pay attention to the advice Rakesh Jhunjhunwala gave at the time of IPO:
Warning sign: India's total equity market cap (BSE) has jumped to a record high of 165% of FY22 GDP. In FY19 this stood at 108% of GDP. This Buffett indicator (named after #WarrenBuffett) helps investors compare valuation to real output.
Industry Outperformers: Despite the volatile market, some stocks have significantly outperformed their industry over the past quarter. This includes CreditAccess Grameen, Abakkus invested Polyplex Corp, JK Paper and others:
Nippon India Largecap (managed by Sailesh Raj Bhan and Kinjal Desai) and Quant Midcap (Sanjeev Sharma and Vasav Sahgal) were among the top performing MFs in FY22, beating the Nifty Index with over 40%+ returns. Ketan Sonalkar writes: