Arvind SmartSpaces added 2.94% to Rs 864.10 after the company announced that it has registered bookings of over Rs 500 crore at Arvind Aqua City, its largest township development to date, launched towards the end of September.
Equity Investing as a full time career? (10-10-2024)
Good to hear your honest views on this sensitive topic. I can relate this to myself as i am a full time equity investor for a month now as I accepted VRS last month, at the age of 49+ and 27 years in corporate career, I could not do much on rising corporate ladder apart from earning a good packege and staying in a role for 16 years flat as i loved that role, was scared to devote much time in engaging myself for no reason and show the leadership that I am also one of candidate to rise up, untill you involve yourself in corporate politics, its next to impossible to rise after certain level, being a pyramid structure, if you don’t rise up than will be shunted out:joy:.
End of the day if company doesn’t have business and performing poorly than even loyalty also will not work which is justified and 10-12% increments never encouraged me.
I shifted my focus to stock markets, start ups after 2008 when being Head APAC in an MNC, was informed to quit on the day of my younger sister’s marriage.
Never gave earned income a priority and developed passion for long term investing, from that day till now, i floated 4 start ups, one was a huge success, three flopped however it changed all fortunes.
I don’t know how many employees are happy in corporate Jobs once they cross 20 years experience as it makes you vulnerable if something happens bad and you loose your Job without much assets and keeping yourself motivated honestly is a big question mark as all corporates 70-80% leaders ars assholes and self ego is much more for them than company.
Earning your living becomes a “Majboori” despite compromising in your dignity on a daily basis in toxic environment.
I love markets and its not just about making money, i am independent on my judgements and capital allocation, once you take a large bet against herd and that performs as per your estimation and vision, the happiness and sense of accomplishment you get is “just WOW” . Main problem is maximum people will not be happy with this is shared because of Jealousy, thinking being inferior and low feeling hence you will find lonely after some time.
Decision is ours weather we want to indulge again and accepting selling our time to corporates or we want to use our time as per our will and enjoy much more gains with less efforts once skills are developed. It can ve developed by anyone with dedication, hard work and learnings.
Siemens shares gain 0.24% as Sensex rises (10-10-2024)
A total of 6,322 shares changed hands on the counter till 01:38PM (IST)
G M Breweries standalone net profit declines 3.13% in the September 2024 quarter (10-10-2024)
Sales decline 1.70% to Rs 149.00 crore
Ratan Tata was India’s conscience keeper; this bull market was also led by Tata Group companies: Ramesh Damani (10-10-2024)
Ramesh Damani extols Ratan Tata’s dual expertise in vision articulation and execution, as well as his philanthropic efforts. Damani highlights significant wealth creation through Tata Group companies, particularly Trent, Titan, Tata Motors, and Taj Hotels. He also recounts Ratan Tata’s risk-taking ability and responsible handling of crises, emphasizing his foresight in personal investments in startups like Ola Electric.
CreditAccess Grameen share price hit 52-wk low on weak Q2 disbursements (10-10-2024)
The fall in CreditAccess Grameen share price came after the company’s disbursements dropped 19% annually to Rs 4,004 cr in Q2FY25, from Rs 4,966 crore in Q2FY24.
NPST – Technology Provider for UPI Tech (10-10-2024)
I am not sure of the co-relation that everyone sees. For eg. in quarter ending Dec 2023, Cosmos PSP payee volumes grew by 73%, but NPST revenues grew by 12%. Then in Mar 2024, PSP volumes grew by 73%, and NPST revenue grew by 39%. Post this, in June 2024, PSP volumes grew almost by 200%, but revenue growth dropped to 35%. If Cosmos payee PSP volume growth was such a big factor, June 2024 should have reported blockbuster growth.
Also, Volume number for quarter ending Sept 2024 still remains quite high, assuming 0 for the last month.