The benchmark S&P 500 and the Nasdaq opened higher on Tuesday, with investors assessing Donald Trump’s tariff pledges on top trade partners of the U.S. and awaiting minutes from the Federal Reserve’s latest meeting.
Posts in category All News
Has Social Media Advice Affected Your Finances? We Want to Hear From You. (26-11-2024)
If you have come across misleading personal finance advice online, tell us. We may include your experiences in an article.
Companies with 20%+ growth guidance for next few years (26-11-2024)
Pokarna Limited:
- Market cap: 3000cr
- Mgmt guided for 30-35% growth in FY25 in an interview; Revenue up by 23% & PAT up 53% in H1
- Company has also announced 440cr which will come live by March’26. As per the numbers provided on conference call, company will be making 110cr PAT from this CAPEX (for reference, company’s TTM is 115cr)
- Currently trading at 26x trailing P/E
Read more on key growth drivers & risks in below post
Companies with 20%+ growth guidance for next few years (26-11-2024)
Pokarna Limited:
- Market cap: 3000cr
- Mgmt guided for 30-35% growth in FY25 in an interview; Revenue up by 23% & PAT up 53% in H1
- Company has also announced 440cr which will come live by March’26. As per the numbers provided on conference call, company will be making 110cr PAT from this CAPEX (for reference, company’s TTM is 115cr)
- Currently trading at 26x trailing P/E
Read more on key growth drivers & risks in below post
C2C Advanced Systems IPO gets 116x subscription despite bid withdrawal option after Sebi scrutiny (26-11-2024)
C2C Advanced Systems IPO was subscribed 116 times despite Sebi’s concerns regarding its auditing. Investors have a withdrawal window till November 28. Sebi has asked the company to appoint an independent auditor for financial accounts.
Midcap Momentum Portfolio (26-11-2024)
@alphaAKS With Sharpe returns, we are comparing the returns of the stocks and subtracting a risk free returns from it. If we are doing this for all stocks and then ranking, we can as well do it directly based on returns. As the subtracted value remains constant across all stocks it does not add value to do ranking after this. This has been the doubt that I always had.
However, with Z score, we are not ranking based on returns directly. Z score is a statistical number to show how much the stock is away from the Mean and on which side. We are ranking based on this number. In effect, we are not ranking directly based on returns, but on a factor that checks where the stock lies within its universe.
And, if we are checking over multiple look back periods, I think Z score is one of the better indicators for ranking.