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Kenneth Andrade conducted a brilliant analysis of his latest stock pick. However, he lost sight of the fact that the Government calls the shots in the sector and is loath to let the corporate prosper at the cost of the impoverished farmers
In a shocking blow to the confidence of petty investors, a MNC which was highly lauded for its corporate governance and which was backed by visionary stock pickers like Ramesh Damani and Kenneth Andrade has grudgingly admitted that its accounts are not “true and fair” and that a fraud appears to have been perpetrated
Dolly Khanna is clearly of the view that the textiles sector is going to create enormous wealth in the foreseeable future. She has not only beefed up her portfolio by adding to the existing textile stocks but she has also homed in on a micro-cap textile stock which has already been certified by Daljeet Kohli as being on a “game changing” path
MNC stocks are supposed to paragons of virtue and corporate governance. However, a MNC stock backed by stock wizards Ramesh Damani and Kenneth Andrade has sorely disappointed and caused immense grief to its investors. Luckily, Ramesh Damani may have made good his escape though Kenneth Andrade’s IDFC MF is left holding the can
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