Dhirendra Kumar, CEO of Value Research, emphasizes the growing role of SIPs and NPS in equity investments. He advises new investors to start with aggressive hybrid funds to handle market volatility. Kumar underscores the importance of asset allocation and rebalancing, particularly after significant market growth post-COVID. Kumar says that most people think SIP is for return only. But it is much more than that.
Tata Power shares drop 0.32% as Sensex falls (30-09-2024)
The stock quoted a 52-week high of Rs 494.85 and a 52-week low of Rs 230.75.
Rajeesh’s Portfolio (30-09-2024)
Rajeesh ji, I know you have a solid research, but I would stress on the fact that you can choose which 15 or so you would want or have a stronger conviction than the others , because after a while the transcripts, annual reports, analyzing the business models and comparing its peers of 30+ companies is laboriously tough.
As Charlie munger says -” The idea of diversification makes sense to a point – if you don’t know what you’re doing. If you want the standard result and don’t want to end up embarrassed – then of course, you should widely diversify. But nobody is entitled to a lot of money for holding this view.”
Coal India standardises interest rates for late payments, stocks trade flat (30-09-2024)
The new rate will be pegged at the Reserve Bank of India’s Repo Rate plus 3%, a change aimed at simplifying the billing process and lessening the financial burden on customers
S Chand- Transforming into a Complete Education content provider (30-09-2024)
In the below tracker, I have started tracking important company goals for S Chand. These goals are referred to as ‘monitorables’ in the tracker.I will update this document regularly to reflect the current status of these goals.
Here’s a snapshot of what the tracker includes:
- Company Ticker: For identifying the company
- Monitorable Description: Description of the goal or metric being tracked
- Date of Announcement: When the monitorable was announced
- Deadline: Target date for achieving the monitorable
- Status: Current progress (e.g., Not Fulfilled, Pending)
I hope this information makes it easier to observe how well companies are progressing towards their stated goals.
Screenshot of the tracker below:
Full tracker attached below:
Tracking Company Monitorables-11.xlsx (158.1 KB)
Why has this smallcap jewellery stock surged 60% in September? Details here (30-09-2024)
PC Jeweller shares were frozen in 5% upper circuit at Rs 177.95, also its multi-year high on the BSE in Monday’s intra-day trade, ahead of today’s board meeting to consider a stock split proposal.
Over 29,000 Indians missing in SE Asia; trapped in cyber slavery: Report (30-09-2024)
Many victims are believed to have been lured with promises of high-paying jobs, only to be trapped in cyber fraud schemes in what is being described as ‘cyber slavery’
Yellow metal strategy: UBS raises Gold target to $2,750 by end of 2024 (30-09-2024)
UBS analysts have raised gold’s target to $2,750 per oz by end-2024 (from $2,600 per oz), $2,850 per oz by mid-2025 (from $2,700 per oz), and $2,900 per oz by end-3Q25 (from $2,750 per oz)