Some stuff I am reading today morning:
Oil Prices crash (Oil Price)
India is now world’s 6th biggest economy (BS)
India warns OPEC (ET)
India’s Warehouse boom (BT)
Promoters are lining up to pay their dues (Rediff)
How Singh brothers squandered a business empire (Mint)
Secret Diary of Pramod Bhasin (OB)
Interview with Sudip Bandopadhyay (Fortune)
Not the time to short (Macro Tourist)
Bill Austin-The runaway Billionaire (Forbes)
Sirca Paints came out with an IPO issue in May 2018 on the SME segment of NSE.
They had roped in some marquee names as anchor investors @ 160 Rs/share.
So its a surprise to see one of the Anchor Investors exit within a month and half of listing
So is the lesson here “Fronti nulla fides” ?
PC Jewellers 1QFY19 update was already written on 25th May 2018 😂. No further comments pic.twitter.com/opYLH0VpLW
— Giriraj Daga (@GirirajDaga5) July 10, 2018
This post is in continuation of my coat tailing series (see here)
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Suresh Kumar Agarwal is a well known investor in the Indian Equity markets.
His holdings as on 31 March,2018 as per Stock Exchanges is given below:
| Company Name | NSE Symbol/BSE Code | Entity | Value (In Crores) |
| APL Apollo Tubes Ltd | APLAPOLLO | SURESH KUMAR AGARWAL | 66.24 |
| GHCL Ltd | GHCL | Suresh Kumar Agarwal | 56.83 |
| Shemaroo Entertainment Ltd | SHEMAROO | Suresh Kumar Agarwal | 16.77 |
| Shaily Engineering Plastics Ltd | 501423 | Suresh Kumar Agarwal | 49.08 |
Some stuff I am reading today morning:
US-China trade war intensifies (CNBC)
Bumper profits at TCS (BS)
Sivasankaran Vs Cyrus Mistry (BT)
Letter to Investors (Alpha Invesco)
How to disclose capital gains in your IT return (Mint)
Simple Momentum (Michael Batnick)
Spending Deferred (Humble Dollar)
Wealth is what you don’t see (Fervent Finance)
From Trade War to 3rd World War? (SCMP)
A 1991 Seth Klarman’s Interview (Barrons)