Some stuff I am reading today morning:
Sliding GST earnings may put pressure on Govt (Mint)
RCom’s debt reduction plan (Quint)
Interview with Raamdeo Agrawal (ET)
How fund managers fared in 2017 (BL)
Nifty target of 20,00 by…. (Vijay Pahwa)
In the world of ‘Yo Yo Funds’ (MF Critic)
‘Weird’ Economics explained (Ajit Ranade)
Who destroyed D S Kulkarni Developers ? (Ravi)
50 Phrases to run from (TRB)
David Rockefeller and the largest art auction of all time (VF)
GNFC is the largest producer of Toulene Di-Isocyanate (TDI) in India with a production capacity of 65,000 tonnes per annum
As TDI prices have soared, so has the Company’s revenues and profits resulting in the stock price increasing by 5x in the last two years.
Conversely,consumers of TDI have borne the brunt of the price increase.
Now as the conference call transcripts of Sheela Foam indicates, a relief for them is around the corner.
Hat Tip: Deepak Kapur
From SEBI (Prohibition of Insider Trading) Regulations,2015
If SEBI were to actually implement this, most of Dalal Street’s finest-including MF Fund Managers,PMS Managers,Research Analysts etc-will be behind bars.
One of the joys of being an investor in the Indian markets is that the sheer variety of companies listed offer unique lessons.
One such lesson is offered by CES Ltd., company listed on BSE (Security Code:512341)
The Business of this Hyderabad based company is mundane-it offers IT and IT Services
What is interesting is the shareholding pattern.
The promoters own 74.81 % of the Company.
The other top 5 shareholders own 24.02 % of the company
That leaves only 1.17% with the general public.
This company shows that you can be listed and private at the same time .
Some stuff I am reading today morning:
10 Santa Stock Picks (MC)
Indigo first Indian carrier to operate 1000 daily flights (Mint)
Inside the McDonalds-Vikram Bakshi controversy (Mint)
FPI’s net outflow in Equities in Dec at 7300 Cr (Quint)
WhatsApp encryption foils massive SEBI investigation (Rediff)
Stock Talk: BCL Industries (RJ)
Hard and Harder (Muthu)
The pivotal mistakes that cripple family wealth (Alan)
Yes,Virginia, there is a “Santa Rally” (Zero Hedge)
Leon Levy on Investor Psychology (Acquirers Multiple)