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Linkfest : 14 November , 2024
Some stuff I am reading today morning: Apple’s India exports hit $ 7 Billion ( FE ) IPO Watch : NTPC Green Energy ( HT ) Reliance Jio IPO in 2025 ( Rediff ) Inflation squeezes middle class budgets ( DH ) L&T bets big on defence and aerospace ( Fortune ) Company : Astra…
Affluent investors too feel the pinch as markets turn wobbly from lofty highs
Several affluent individual investors saw their wealth erode by 10-18% in the recent sell-off after witnessing it grow in the September quarter. According to data from primeinfobase.com, the value of the portfolios of Radhakishan Damani, Rakesh Jhunjhunwala‘s family, Ashish Dhawan and Nemish Shah, among others, fell amid the 10% decline in the Nifty since Sept…
Anand Rathi Share & Stock Brokers Q4 Results: Profit more than doubles to Rs 41 crore despite market crash
Anand Rathi Share and Stock Brokers reported a sharp surge in profitability for the March quarter despite a broader market crash, with consolidated net profit rising 126% year-on-year to Rs 41.5 crore, driven by strong traction in non-broking businesses and higher margin expansion. Revenue from operations for the quarter stood at Rs 256 crore, up…
IWL: High-Quality Large-Cap Play With A Few Advantages Over IVV (NYSEARCA:IWL)
This article was written by Follow Vasily Zyryanov is an individual investor and writer.He uses various techniques to find both relatively underpriced equities with strong upside potential and relatively overappreciated companies that have inflated valuation for a reason.In his research, he pays much attention to the energy sector (oil & gas supermajors, mid-cap, and small-cap…
Birlasoft shares slide over 6% in 2 days post Q4 earnings miss; Nuvama slashes target price on bleak outlook
Shares of Birlasoft Ltd have dropped 6.4% over two sessions since the company reported its fourth-quarter earnings, with the stock falling as much as 5.8% on Friday to Rs 396 on the BSE. The slide comes after the IT services firm posted a sequential decline in revenue and a tepid outlook, prompting Nuvama Institutional Equities…
