This may be sold now if in stock, however, it seems worth buying ta under 2865/- for medium/long term till the next advice…ref 145/385/2035/1091/1200/1200/1000/1000/qIIIfy21). N.B. This has been good scrip to hold and has given good performance over the last five years gaining more than double the in terms of price while its sales revenue … Continue reading
Tagged with markets …
The Markets and Historical Performance of Companies
The market has not stopped its upward journey, the reason seem to be nothing else but the advent of Corona vaccines and the liquidity injected, and expectation of further such injections. The companies are likely to perform better but we have still to confirm whether the performance will be better against a normalised past year … Continue reading
The Markets and Historic Performances of Companies
The market has not stopped its upward journey, the reason seem to be nothing else but the advent of Corona vaccines and the liquidity injected, and expectation of further such injections. The companies are likely to perform better but we have still to confirm whether the performance will be better against a normalised past year … Continue reading
The Markets
Nifty closed at record high of over 13500 mark. This is remarkable showing. The only flaw I see in this journey is that it is based on financial sector including banks and NBFCs. Unlike commodity sector or mining an metallurgy sector, in financial or FMGG or IT, etc. any spectacular sudden jump is not possible. … Continue reading
The Markets
Nifty kissed 13000 level and this is not a bad thing to happen in a scenario that is otherwise very unnerving. However, at this juncture we need to pause for assessment of future possibilities in respect of Nifty. It’s present PE is 27 and P/BV is 3.5 and dividend yield is 1.4%; all these 3 … Continue reading
The Markets
Friends, It seems that people in market have lost balance or it is a case of squeezing the bears out of market. In both such situations the wise should wind up their positions totally. The Nifty closed at the ever highest point of 13055. The market has become vulnerable and the bulls may have themselves … Continue reading
The Markets
Friends, Have a look at Nifty chart. In its longer history there has never been the kind of rise that has happened over last 7-8 months. Also its so while the Corona effect has almost wiped out a whole year of growth and Corona is still posing threat to economy. The best approach for even … Continue reading
The Markets
There has been a global meltdown over the day/night due to global surge in Corona cases; Indian markets also witnessed a substantial sell off off yesterday when Nifty closed down at 11767 (-1.36%). Now looking at the results that have been announced so far there seems hardly any room for going down. So be positive … Continue reading
The Markets
There have a few more results out in open and I must admit that these have been better then I expected and therefore I am changing my stance and its is now turned to optimism regarding the prospects in QIII and beyond. So keep investing with flow of results pouring in, there is clear vision … Continue reading
The Markets
So far 12 companies out of 100 consisting of Nifty and Nifty Next have declared results . The same has been a mixed bag when looked at after taking in to consideration present price of these companies, that is to say that many companies have done better but the price has risen too high so … Continue reading
