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Cartoon

Buckets of Money

Categories
Observations

Britannia: Not a Good Day

Today, there were rumours of Britannia’s MD Varun Berry resigning.

The stock price started tanking and Britannia came out with a clarification denying the same.

What is amusing is that when the stock price didn’t recover, they issued the same clarification again to both the exchanges !

Source: BSE
Source: NSE
Source: BSE
Categories
Annual Reports

Axis Bank: The Only Way

Source: Annual Report 2018-19 of Axis Bank

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Links

Linkfest: 26 June, 2019

Some stuff I am reading today morning:

DHFL defaults (MC)

Why Indigo promoters are fighting (ET)

L&T set to control Mindtree (BS)

Flipkart IPO in 2022 (Mint)

The boom in Cloud Kitchens (Money Life)

Mutual Funds Vs Real Estate in India (Stable Investor)

Micro Cap investing is like Quasi Private Equity Investing (AM)

The tyranny of small debts, compounded (Seth Godin)

KKR: Buy and Build Up (Forbes)

100 year Austria Bond yields just 1 % (Bloomberg)

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Tweets

How to avoid Fraud & Fragile Companies