Over the past decade, India’s Financial Services sector has been hammered by demonetisation, and history shows that investing in high-quality financial stocks during a crisis proves to be highly rewarding, Saurabh Mukherjea, Founder and CIO of Marcellus Investment Managers said during a podcast ‘D-Street Talk’ with Moneycontrol on his new PMS scheme “Kings of Capital”. … [Read more...] about D-Street Talk: Saurabh Mukherjea gives a low-down on how he picks winners for Kings of Capital portfolio
Prem Somani Financial ServicesStandalone Quarterly Resultsin Rs. Cr.Jun'20Mar'20Jun'19Net Sales/Income from operations0.010.010.01Other Operating Income------Total Income From Operations0.010.010.01EXPENDITUREConsumption of Raw Materials------Purchase of Traded Goods------Increase/Decrease in Stocks------Power & Fuel------Employees Cost0.010.010.00Depreciation0.000.000.00Excise Duty------Admin. And Selling Expenses------R & D Expenses------Provisions And Contingencies------Exp. Capitalised------Other Expenses0.040.210.05P/L Before Other Inc. , Int., Excpt. Items & Tax-0.04-0.21-0.05Other Income-0.03-0.010.01P/L Before Int., Excpt. Items & Tax-0.06-0.23-0.04Interest------P/L Before Exceptional Items & Tax-0.06-0.23-0.04Exceptional Items------P/L Before Tax-0.06-0.23-0.04Tax------P/L After Tax from Ordinary Activities-0.06-0.23-0.04Prior Year Adjustments------Extra Ordinary Items------Net Profit/(Loss) For the Period-0.06-0.23-0.04Equity Share … [Read more...] about Prem Somani Standalone June 2020 Net Sales at Rs 0.01 crore, up 103.77% Y-o-Y
PTC India Financial ServicesStandalone Quarterly Resultsin Rs. Cr.Jun'20Mar'20Jun'19Net Sales/Income from operations292.30332.80352.12Other Operating Income------Total Income From Operations292.30332.80352.12EXPENDITUREConsumption of Raw Materials------Purchase of Traded Goods------Increase/Decrease in Stocks------Power & Fuel------Employees Cost3.774.493.83Depreciation1.471.581.57Excise Duty------Admin. And Selling Expenses------R & D Expenses------Provisions And Contingencies40.5873.7862.70Exp. Capitalised------Other Expenses3.9815.655.58P/L Before Other Inc. , Int., Excpt. Items & Tax242.51237.30278.43Other Income5.810.080.07P/L Before Int., Excpt. Items & Tax248.32237.38278.51Interest205.73222.97255.07P/L Before Exceptional Items & Tax42.5914.4123.44Exceptional Items------P/L Before Tax42.5914.4123.44Tax16.037.367.79P/L After Tax from Ordinary Activities26.567.0515.64Prior Year Adjustments------Extra Ordinary Items------Net Profit/(Loss) For the … [Read more...] about PTC India Fin Standalone June 2020 Net Sales at Rs 292.30 crore, down 16.99% Y-o-Y
This is a passive scheme based on certain rules. The strategy does not take into account the valuations of the stocks, which are high currently. The product is launched in the ETF format. Most smart beta ETFs in India suffer from low liquidity on the stock exchanges. Also, smart-beta funds are yet to develop a long track record. Therefore, it may be hard to assess how such schemes would perform across market cycles. … [Read more...] about ICICI Pru Alpha Low Vol 30 ETF NFO: Should you invest?
"Escort will continue to witness stability in demand owing to government support for the agricultural sector and good monsoon. We have a positive marking on Bosch for the being the leader in the Fuel injector system in regard to the BS6 transition and Minda industries for the benefits of censor and controllers," Nair said. … [Read more...] about July auto sales signal recovery: Should you buy stocks from the sector?