Jafer emphasized the growing importance of Layer 2 solutions, particularly in enhancing transaction speeds and reducing costs. These technologies are vital for scaling blockchains, enabling them to handle a higher volume of transactions without sacrificing security. Projects like Optimism and Arbitrum are leading the charge, allowing Ethereum to scale efficiently, making it more attractive for developers and users alike.
India’s first AI unicorn Fractal said to weigh $500 million IPO (24-09-2024)
Fractal Analytics, India’s first AI unicorn, is planning an IPO in Mumbai to raise $500 million, aiming for a valuation of at least $3.5 billion. The company, co-founded by IIM Ahmedabad graduates, has over 4,500 employees and notable clients like Google and Unilever.
Trapped in the game: 93% of F&O traders lose money but refuse to quit. Why? (24-09-2024)
A report from the Securities and Exchange Board of India (Sebi) revealed that about 93% of F&O traders lose money in this segment, yet multiple factors keep them hooked to the game
Worried about over-valued market? Hunt for stocks in these 4 sectors (24-09-2024)
Mid-sized private banks are currently an appealing prospect for value investors in the banking sector. These banks are showing significant growth in their lending activities, with many witnessing a 15% to 20% annual increase in loan books, while some even exceed 20%. This robust growth indicates a strong demand for credit.
CRISIL Ratings reaffirms Rallis India’s ‘AA+’ with ‘stable’ outlook (24-09-2024)
Rallis India said that CRISIL Ratings has reaffirmed its ‘CRISIL AA+/Stable/CRISIL A1+’ ratings on the bank facilities of the company.
Virtuoso Optoelectronics Ltd – A promising micro Cap (24-09-2024)
It seems like a promising story according to the report by Arihant capital. Valuation wise also it seem cheap to me as compared to pg electroplast and amber.
Arihant_Capital_plant_visit_note_on_Virtuoso_Optoelectronics_Rising.pdf (1.2 MB)
Why earnings growth remain strong for AMCs (24-09-2024)
The mutual fund industry’s QAAUM (Quarterly Average Assets Under Management) was up 37 per cent year-on-year (Y-o-Y) (9 per cent Q-o-Q) to hit Rs 59 trillion (end Q1FY25). The equity segment grew 55 per cent Y-o-Y and equity formed 56 per cent of total AUM, up 49 per cent in Q1FY24. Sequentially, AUM grew by Rs 5 trillion.
Microcap momentum portfolio (24-09-2024)
not done yet , sure i will do it