@StageInvesting Sir can you post wave charts for Igarshi Motors?
Posts in category Value Pickr
IDFC First Bank Limited (23-09-2023)
One more thing about attending AGM is ( I have attended last 2 AGMs of Abbott India ), you came to know many long term investors holding huge number of stocks from decades. We admire their patience and stable minded-approach instead of running from stock to stock in search of few percentage of gains. We see these people in real and tend to look forward to inculcate these qualities in us.
IDFC First Bank Limited (23-09-2023)
One more thing about attending AGM is ( I have attended last 2 AGMs of Abbott India ), you came to know many long term investors holding huge number of stocks from decades. We admire their patience and stable minded-approach instead of running from stock to stock in search of few percentage of gains. We see these people in real and tend to look forward to inculcate these qualities in us.
Jubilant Industries Ltd (23-09-2023)
Thanks, Sushant. As you know, anyone from our Value pickr team would have more insightful content of the meeting discussion.
MindTree Ltd. – A midcap IT company (23-09-2023)
LTIM launched a Testing as a Service for Oracle SaaS. Following the success of RELY – a comprehensive suite of assurance and compliance services platform for enterprise applications, this new offering as claimed sets a new standard for Oracle SaaS testing. LTIMindtree launches Testing as a Service for Oracle SaaS.
Jubilant Industries Ltd (23-09-2023)
Yeah if someone attended then kindly share…Although they released 17th AGM transcript but it doesn’t have much useful info like there was in 16th AGM…They didn’t include Q&A part this time.
17th AGM – https://www.jubilantindustries.com/pdfs/StxIntimation_signed.pdf
By the way they released investor presentation after I think several years which gives some info about what’s happening…
IDFC First Bank Limited (23-09-2023)
The idfc first bank opened a new branch in a town which is about 30 km distant from my location. They have recruited 60 executives and sent them into the town. They are just visiting all the shops pity businesses and obtaining their kyc and giving them loan of 1 lakh. They are lending at interest more than 24 % and everyone is quing at the branch premises to obtain the loan. This way they can easily grow the book at more than 25% every year. But reality strikes when economy condition worsens. I’m a psu bank manager and have seen enough of such boom and bust periods. First I was very optimistic of this bank future but after seeing their lending practices it seems I better stay away than feel sorry in future.
IDFC First Bank Limited (23-09-2023)
I agree with views shared by @Mudit.Kushalvardhan
Idfc first bank may have looked at your CIBIL score, cashflow analysis etc and based on that analysis you would have been eligible & got offer of topup loan as a personal blended loan.( as per the bank’s strategy / analysis )
Just as an example, idfc first bank doesn’t offer credit card at my pincode, bcoz they don’t have branch at my pincode, as told by one of their B.M. ( they only offer wow credit cards to my pincode which are backed by fd and secured ). They provide unsecured credit card to certain Pincode residents only.
Eventhough I hold high end bank account with them, have good credit score, have other company credit cards, they are following their policy and not giving unsecured cards to certain pincodes as per their policy.
On other end, I am getting other bank unsecured credit card offers, which includes RBL / INDUSIND / BAJAJ etc. They also don’t have branch at my pincode.
So should I conclude that RBL/ INDUSIND other banks has bad risk management guidelines and idfc first has good risk management guidelines on their credit card? No
In my view, One has to look at investment decision by looking at multiple angles and not just by certain one-off incidents.
My mistakes with the stock market (23-09-2023)
My biggest mistake in stock market has been lack of discipline, focus and spending too much on other things rather than doing investment on regular basis.
See the bright Sun: Aditya Vision (23-09-2023)
126th store opened in Bihar, Aurangabad.