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Guess what? MFs have been busing yes bank, Indus ind. And some of you trollers you invest in mf and were talking of quality
Reading: Bloomberg- how yes bank moved from worst performing banking stock to world's biggest surge in banking.
Reading: Bloomberg- as nbfc crises resists, some leaders strike gold. Says manappuram and muthoot in sweet spot- more than half loans get repaid in 6 months, rise in gold prices keeps asset quality check. Says cos finding it easy to raise though bonds
Excellent analogy was presented by Prashant Jain of hdfc funds on the squeeze of gap between several blue and white collar jobs as a reason for a consumption swing
Last tweet before my break- good nos from all 3- exide, Amara raja and high energy batteries. Sector track on. Now getting into serious work. Busy busy day. See you later.
Reading on the way to work- DLF says April- sept bookings up 16 pct to 1425 cars vs 1225 in same period last year
Reading- Kotak downgrades nestle to sell. Akzo nobel comes out with dissapoinying results. Amara Raja shines with its numbers
S Naren of Icici explains why infosys melt down last few days was a special circumstance to buy. Says charts should only be seen to know how many people are thinking like you or against you. Beyond that charts are not relevant per his style of investing #vip3
Raymond an old fav announces demerger of real estate vs consumer. Mkt appreciates value unlocking
Prashant Jain hdfc fund cites his fund's exit from IT some years back as an example. Says first few months saw pain to let go of over crowded trades and in that pain was the biggest gain by the fund.
Prashant Jain hdfc fund cites marshmallow test to say those who resist current momentum and move to patience in beaten down scrips will make more meaningful returns. #vip3
Prashant Jain of hdfc funds at Value Investing pioneers summit says tax cut was a big game changer for india and next round of growth will come from shift of manufacturing to india due to fav tax rates
Prashant Jain of hdfc mKes a case against owning consumer staples. Says mkt has deep value beyond consumption stocks which are now in unheard valuation territory.
Good nos from DLF. good disclosure on annuity. Looking towards zero debt.
Good set of nos from IGL.
An investor should now rbi requirement of cash and act sensibly and not on rumours. Same logic didn't apply to piramal?
Sincere thanks to many of you who pitched it to share their top mid cap ideas. Shows many have their thinking hats on towards investing. Wish you lots of success with the ideas and returns. 🙏
A co that I missed after research was varun beverages. I shall treat my miss as a learning experience of a case of too much deliberation amidst what seemed an excellent opportunity. 🙏🙏
Happy to see the move in stocks like Bajaj auto, india bulls, yes, infosys, max financial, rbl bank, Raymond, avanti, edelweiss, Venky, quess. These are just examples. There are many more. I may or may not own all but am happy that value scouting is rewarding finally
Happy to see the nos of exide. Just read isec report on it too. Insurance unlocking soon and yet to be discounted. See uptick in replacement battery, UPS, solar and infra. Lithium JV with Leclanche could be another boost