Valuations of waaree energies is high and i won’t be surprised if it gets corrected to fair value post listing. Right now everyone is chasing the momentum which is not a good sign even for good companies.
Posts in category All News
Buy Unlisted Shares (22-07-2024)
Yes i hold Urban tots shares.
Eco survey flags concerns over rising retail participation in heated market (22-07-2024)
Mcap-to-GDP ratio not necessarily a sign of economic advancement or sophistication, says survey
What Indian Households Are Investing In (22-07-2024)
The share of equity and investment funds in the total financial wealth of households increased by more than 50% between 2011-2012 and 2022-2023.
Economic Survey Projects Real GDP Growth At 6.5-7% In FY25 (22-07-2024)
"The Survey conservatively projects a real GDP growth of 6.57 per cent, with risks evenly balanced, cognizant of the fact that the market expectations are on the higher side," said the Economic Survey 2023-24.
IDBI Bank gains as Q1 PAT climbs 40% YoY to Rs 1,719 cr (22-07-2024)
IDBI Bank advanced 2.39% to Rs 91 after the bank's standalone net profit jumped 40.44% to Rs 1,719.27 crore in Q1 FY25 as compared to Rs 1,224.18 crore recorded in Q1 FY24.
Speculative Net Longs In Pound Futures Hover At Highest Level In Over 10 Years (22-07-2024)
Large currency speculators sharply increased net long position in the Pound futures to their highest level in more than 10 years, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net long position of 132902 contracts in the data reported through July 16, 2024. This was a weekly increase of 48212 net contracts.
Financial sector outlook appears bright, but … (22-07-2024)
The outlook for India's financial sector appears bright, but it needs to brace for likely vulnerabilities, said Economic Survey 2023-24 tabled in Parliament on Monday. The Indian financial sector is at a "turnpike moment", it said, adding that the dominance of banking support to credit is being reduced, and the role of capital markets is rising. For a country that aspires to be a developed nation by 2047, this is a long-awaited and welcome development, it said.