There should be no regrets in the market, only learnings! I resisted selling until this week, but have exited completely this week when the following information came to light:
SKM_458e24022810080 (bseindia.com)
Cupid is also buying Rs.50 crore of TFCI shares.
I haven’t studied TFCI, maybe it is a bargain at Rs.225 but I inherently don’t approve of such capital allocation decisions. It creates a future risk as well, since you never know what Cupid’s cash surplus will be used for.
Very good and deep analysis about Tracxn as well about sector of company.
Dear Team,
I am an ardent follower of this team as to what you have brought for all investors out there.In order to make it more amazing , kindly do give read stated as below.
How about you change the name of “ETF” in Sectors list to “Indices”.
With these we all will be able to get a list of all the Indian indexes in one go. I know we can easily search in the search bar , but i am unable to get a full list apart from NSE website.
https://www.nseindia.com/market-data/live-market-indices
I have also attached the whole list of the indexes.
With these the second recommendation is to add the weightage column in all Index as if we open Nifty 50 , I am unable to get how much weightage does Reliance/ITC/HUL has in Nifty 50.
For that I again have to check on google or go to NSE website.
The above were 2 small recommendation which will help everyone.
In the end , This website is amazing.
Thank you for all your efforts
A couple of things bother me. But most importantly I invested in BCL with a short-term view.
(to be precise, wasn’t able to build a 3-5 year view on this and consulted someone. Then was able to build a short-term clarity)
Seeing better opportunities for a 3-5-year view so wanted to cash out and prepare for volatile markets. Since the last few months, I have been slowly trying to remove stocks that need regular/quarterly tracking and BCL doesn’t make my preferred list.
How do you calculate this?
Your understanding is correct. But Gold loan is provided for a small duration of time i.e. 6-9 months. So the current loans will become null by Dec 2024. And if company won’t give new gold loans, it means the gold loan book will become zero for IIFL by end of year.
And since expenses will still be same, it will hurt the earnings of company badly. I will be surprised if company is even able to manage current earnings in FY25.
Jm financials is restricted for ipo financing .
And JM financial is the prime merchant banker of aashirwad microfinance. Subsidiary of manappuram.
Well, Just News impact i guess it should be… Ter is No Change in respective to financials or valuations perspective for long term.
Am I correct in understanding that the current gold loan AUM won’t grow until RBI lifts the ban. But the existing borrowers in the gold loan portfolio will keep paying back the lent money plus everything else (Housing Loans etc.) works as is?
Disc. Invested, looking to add more.
It’s showing on my Zerodha account. You can check your ICICI demat