Shiv Sena (UBT) MP Sanjay Raut criticised Railway Minister Ashwini Vaishnaw, accusing him of neglecting Mumbai’s railway infrastructure in favor of the bullet train project. Raut claimed the neglect led to a stampede at Bandra station, injuring nine people, and emphasised Mumbai’s significant contribution to government revenue.
Zomato – Should you order? (27-10-2024)
While I respect Rakesh Jhunjhunwala sir’s insights, it’s worth noting that he made that comment about Zomato back in 2021 based on what was known then.
Since then, Zomato made some big moves, like acquiring Blinkit in June 2022. It’s important to consider that markets and companies evolve often in unexpected ways.
IDFC First Bank Limited (27-10-2024)
With Kotak and Hdfc Bank available at high teens PE, there doesn’t seem to be any case for PE re-rating for IDFC First Bank.
In such a scenario returns can’t be much more than their ROE, which is just 10% during the last 2 years where banking NPAs were the lowest. Maybe ROE reaches 13-14% in medium term.
It doesn’t seem like any management can change the above facts even Mr. Vaidyanathan.
Dis – ex IDFC Ltd investor
Avenue Supermart: a compounding machine? (27-10-2024)
Dmart can join hands with zepto,
To be honest, I am still not convinced about the whole blinkit n instamart thing
Its more like a premiumization play,
The way they r charging platform fee, now even i have stopped ordering and started visiting nearest grocery shop.
Both models will work parallelly,
Lets see how things span out
Its just consumer demand bit slow …may be coz of election n heavy rainy season.
Disc: not invested, but now looking at the correction, thinking
For Investors, What if This Time Is Different? (27-10-2024)
Disregarding politics has worked brilliantly in the United States for a century. But market history offers comfort only up to a point, our columnist says.
Srivari Spices and Foods Limited (27-10-2024)
Only question now – is company lost cause after such fiasco or management still has conviction of 50% yoy growth.
Sun Pharma Q2 Results Preview: PAT may rise 25% YoY; healthy revenue growth seen (27-10-2024)
Revenue from operations is likely to jump 10% year-on-year (YoY), according to the average estimate of four brokerages. Meanwhile, net profit for the quarter is projected to rise by up to 25% YoY. The pharma major will report its September quarter results on Monday, October 28.