Today Bandhan Bank investors got a nasty shock when the Bank informed the exchanges the following shocker
What is shocking is that in the recent conference call, the CEO had assured investors that all is well
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Category: Observations
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The incredibly fast BSE
Probably the only Exchange in the world to transparently display its latency in Micro Seconds.
(1 Second = 1,000,000 Micro Seconds)
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Fall From 52 Week High
Source: WhatsApp Forward
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Why Arvind’s Demerger got held up
Hat Tip: D Shah
Source: NCLT Order of the Ahmedabad Bench
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Babus Prefer Buybacks
On 18th Sept 2018, KIOCL Ltd. announced a buyback of it’s shares @ 170 Rs/share
What is amusing is that the Govt of India owns 99% of the Company !
So even the Govt prefers buybacks to dividends.