It will improve as they build the infra first and will scale now. look at their ROE and ROA targets for next year.
Posts in category All News
Govt has taken right decision: H D Deve Gowda on CBI probe in NEET paper leak case (28-06-2024)
Voltas shares fall 1.37 per cent in Friday’s trading session (28-06-2024)
Capital Goods shares fall (28-06-2024)
Industrials shares fall (28-06-2024)
Smallcap momentum portfolio (28-06-2024)
@Mudit.Kushalvardhan I still believe my previous message is appropriate and one should not mix momentum with any other strategy. By doing that, we are diluting the returns only.
In all cases, you will find that price action precedes news. If we look for fundamentals or do stage analysis, you might find that most stocks will not qualify.
In fact, what are we trying to do in a momentum pf. We are trying to get in and out of a stock that has momentum. We want to catch the price action. Why do we want to question why it has gone up? If we believe that market knows better than us, just follow the price action.
You might still want to have another pf that is based on fundamentals or technicals, but it does not make sense to couple it with momentum.