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Links

Linkfest:June 20,2014

Some stuff I am reading today morning:

Deepak Agarwal-From Erotica to e-Commerce King (Forbes)

What are Rakesh Jhunjhunwala and Rashesh Shah upto? (Gaurav)

SEBI throws a lifeline to primary markets (BS)

SEBI approves norms for research analysts (ET)

Its builders vs buyers in India’s real estate industry (ForbesIndia)

SEBI will allow ESOP trusts to buy shares from the market again (CapitalMind)

Who just bought half a billion dollars of gold futures? (Climateer)

How to lose 1.3 Billion $ in hedge funds (TakeApart)

Meet Nicholas Schorsch- Billionaire King of REITs (Forbes)

Why living in Beijing could ruin your life (Bloomberg)

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Chart

US Foreign Policy Flow Chart

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Observations Quotes

Probably True

“Over the years I have observed that those individuals who do not keep stuff in their wallet and particularly currency in organised/aligned manner are generally at mess with storage and administration of their overall financial documents.”-Gaurav Mashruwala

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Cement

Cement Stocks on a tear

Normally, cement stocks soften when the monsoon begins.

This year seems to be an exception as the table below shows:

Symbol Close on 30 May,2014 Close on 18 June,2014 Gain
AMBUJACEM 217.6 221.5 1.79%
BIRLACORPN 361.55 386.95 7.03%
SHREECEM 6851.05 7335.5 7.07%
ACC 1337 1475.2 10.34%
INDIACEM 99.85 114.05 14.22%
MANGLMCEM 182.75 210.1 14.97%
OCL 226.7 263.15 16.08%
ULTRACEMCO 2382.2 2805.1 17.75%
JKCEMENT 333.65 406.4 21.80%
KAKATCEM 90.9 113.05 24.37%
JKLAKSHMI 190.4 238.1 25.05%
PRISMCEM 59.3 75.65 27.57%
NCLIND 25.85 33.8 30.75%
BURNPUR 10.1 13.3 31.68%
DALMIABHA 373.55 496 32.78%
KCP 36.95 49.65 34.37%

 

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Video

Rothschild:India poised for massive rerating