Management had a recent investor interaction where they talked about their business and growth ambitions. It was a very good interaction.
https://www.youtube.com/embed/3EVm8jhk8qU
Disclosure: Invested (position size here, no transactions in last-30 days)
Recently Ashish Kacholia sir invested in this company. He acquired 2,00,000 shares of this business. he may have noticed more growth triggers. @jet_nebula you should not have sold this business so soon
Recently Ashish Kacholia sir invested in this company. He acquired 2,00,000 shares of this business. he may have noticed more growth triggers. @jet_nebula you should not have sold this business so soon
No, they were not sure as to when they will get back to pre-covid volumes. Please note that pre-covid they did maximum volumes of 4000-4500/month which only translates to around 50’000 vehicles a year. So reaching 120’000 a year looks like a tall ask.
Disclosure: same as before
This is a relatively detailed and informative interview with Umang Vohra of Cipla. Some of the interview questions are quite good. This interview actually gives one the sense of where CIpla is planning to go over the next few years.
This is a relatively detailed and informative interview with Umang Vohra of Cipla. Some of the interview questions are quite good. This interview actually gives one the sense of where CIpla is planning to go over the next few years.
There are 2 major ratios one is CRR and second is SLR. To explain both of them in simple term banks have to maintain certain percentage of cash and liquid assets with rbi. Rbi recetly increased these two ratiois which means banks have to maintain more money with rbi.
Since inflation is hight cost of goods is high and rbi increaseing repo rates is sucking liquidity out. In simple terms people withdrawing money from their accounts. Banks dont have money to lend and if they dont lend they dont earn. Just read the above article it beautifully explains the problem.
Why the first point is extremely concerning is RBI is lending money at 5.4% but inter bank lending is happening at 5.64% that means banks desperately want money.
Explaing in short banks dont have money to lend and every body is raising deposit rates craizally that will put pressure on nim and resulting pressure on profits.
There are 2 major ratios one is CRR and second is SLR. To explain both of them in simple term banks have to maintain certain percentage of cash and liquid assets with rbi. Rbi recetly increased these two ratiois which means banks have to maintain more money with rbi.
Since inflation is hight cost of goods is high and rbi increaseing repo rates is sucking liquidity out. In simple terms people withdrawing money from their accounts. Banks dont have money to lend and if they dont lend they dont earn. Just read the above article it beautifully explains the problem.
Why the first point is extremely concerning is RBI is lending money at 5.4% but inter bank lending is happening at 5.64% that means banks desperately want money.
Explaing in short banks dont have money to lend and every body is raising deposit rates craizally that will put pressure on nim and resulting pressure on profits.
I guess RBI did intervene with around 16000cr infusion if I am not wrong. But why is this liquidity issue so concerning? I don’t have enough knowledge to analyse the scenario, so if you could throw some light on the whole situation, it would be really helpful.
I guess RBI did intervene with around 16000cr infusion if I am not wrong. But why is this liquidity issue so concerning? I don’t have enough knowledge to analyse the scenario, so if you could throw some light on the whole situation, it would be really helpful.