Some stuff I am reading today morning:
JSPL to set up world’s largest steel plant in Odisha (BW)
Railways mulling 1 Lakh more wagons (BS)
Baba Ramdev owes a big “Thank You” to bankers (Fortune)
The Nickel Market short squeeze (CNN)
Stock Talk: Chemplast Sanmar (Phoenix Capital)
Ignore the narratives (Francis Chou)
Stagflation Panic grips the stock markets (Intrinsic Investing)
The present & the future of the $ (Marc To Market)
Lessons from 30 years of living (Joseph Wells)
Anytimed (Seth Godin)
Here are the most clicked items on Alpha Ideas this week:
Alpha Ideas turns Ten (AI)
A Warning Sign (AI)
Bharti: What Operating Leverage looks like (AI)
Why some celebrities failed with money (Niteen S Dharmawat)
Shanti: 10x SME Style (AI)
Absurd valuations of Oyo (Doomberg)
Adani: Only SBI (AI)
Ramco: Disclosure Ka Disclosure (AI)
Aditya Puri questions business model of Paytm (MC)
The rise of sophisticated investors (Forbes)
I started Alpha Ideas ten years back on the auspicious day of Gudi Padwa.
Today, on Gudi Padwa, Alpha Ideas turns ten.
Some off beat reads for the weekend:
Thread: The current economic crisis in Sri Lanka (R Ramakumar)
The Empire of the Golden Triangle (Palladium)
Dmitry Firtash: Gas Powered Kingmaker (Guardian)
Why Russians hated the 90s (Unherd)
The race to build Mexico’s quickest Delivery App (ROW)
Pakistan: Free Play of Political Opportunists (Zahid Hussain)
R N Kao- The Gentleman Spymaster (Madras Courier)
Teams that have qualified for Qatar World Cup 2022 (Al Jazeera)
Brown Hunters ( Niyoshi Shah)
Caesar Vs Pirates (Truly Adventurous)
Travelogue: The Golden Triangle of Odisha (Team BHP)
Sudipta Sengupta: India’s first woman Antartica Scientist (BI)
SS Rajamouli: India’s biggest mythmaker (Kaveree Bamzai)
Thread: On how short life is (6529)
Thread: IPL Winning Warnie (Random Cricket)
Shanti Educational Initiatives Ltd is a co listed on the BSE SME Platform
Its reported financials are fairly mediocre as can be seen below:
However the Stock Price action is anything but mediocre.
Maybe SEBI can solve this puzzle.