Some stuff I am reading today morning:
Fed raises rate, signals more hikes (Quint)
Layoffs at Tech Mahindra (MC)
Govt clears HDFC Bank’s fund raising plan (ET)
Real estate lessons from Greater Noida (Mint)
Bosch in India (Fortune)
Startup: Droom (Forbes)
Netflix Vs Rest of Media (CNBC)
Why momentum investing is a contrarian approach (Ivanhoff)
The Valuation Obsession (A VC)
Will you leave an inheritance? (Subramoney)
Suryoday Bank is Small Finance Bank backed by HDFC,IDFC,IFC,Gaja Capital and TVS Shriram (the same folks who backed RBL Bank)
Its a fast growing bank and is expected to grow by 100% this fiscal.
It’s financials can be obtained from here.
A very limited quantity of its shares are on offer for sale.
For those interested,please email me at Alpha Ideas
Source: IDBI Capital Research
Some stuff I am reading today morning:
TCS may buy back shares worth 10,000 Crores (TOI)
Look where Indian HNIs are parking their money (ET)
Further RBI rate hikes likely (Mint)
Govt mulls selling 100% stake in Air India (BS)
The rise and fall of Alok Industries (Quint)
Company Profile: Parle Products (OB)
VC Fund: Saama Capital (Forbes)
Scheme mergers are costlier than you think (MFCritic)
When do you average down? (Bronte Capital)
Podcast: Value Investing in India (Malabar Investments)
This post is in continuation of my coat tailing series (see here)
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TIMF Holdings is a well-known investor in the Indian Stock Markets.
It’s top 5 holdings as on 31 March,2018 as per Stock Exchanges is given below:
| Company Name | NSE Symbol | Entity | Value (In Crores) |
| MAS Financial Services Ltd | MASFIN | TIMF HOLDINGS | 37.17 |
| Indiabulls Integrated Services Ltd | IBULISL | TIMF HOLDINGS | 63.34 |
| Sequent Scientific Ltd | SEQUENT | TIMF HOLDINGS | 84.32 |
| JM Financial Ltd | JMFINANCIL | TIMF Holdings | 210.63 |
| Radico Khaitan Ltd | RADICO | TIMF HOLDINGS | 327.30 |