"None of the listed chemical companies has the same business as Rossari. We believe Rossari will command a premium over most of its chemical peers as it is net debt-free as well as it has better asset turnover, working capital days, RoE and RoCE better than most of its peers. Only 10 percent of sales are dependent on imported raw material, of which less than 5 percent comes from China. As we are positive on the future outlook for the industry as well as the company, we would recommend subscribing to the issue," Angel Broking said. … [Read more...] about Analysts say subscribe to Rossari Biotech IPO despite high valuation, here is why
Financial services committee
“I didn’t hire you to fix our company.” “It’s not your job to think about that.” “I didn’t ask you for your ideas.” “The problem is that we have too many ideas. I don’t want any more.” Why this matters: It’s far easier to default to safe silence, and people remember the stressful times more than the time they spoke up and their idea was heard. There are a wide range of reasons why employees lose confidence, from toxic management behaviors to insecurities they’re bringing with them from home. … [Read more...] about The main reasons employees don’t speak their mind at work
Most investors have the tendency to look at past returns before investing in a mutual fund. Schemes with high returns in the past appear attractive. But past returns have no bearing on future returns. Worse, schemes that have done well in the past may perform poorly as well. That underlines the need for setting expectations right. Is there a better way to examine past returns? … [Read more...] about How reliable is standard deviation in gauging a fund’s volatility?
This unprecedented time in our country will hopefully drive us toward meaningful and long-overdue reform in critical areas: healthcare, civil rights, and the criminal justice system. In the short term, current events have created a field of reputational landmines for brands as they try to say and do all the right things for their customers, their employees, and the general public. This pivotal point in time is also leading toward a shift in power toward purposeful brands. For the first time in history, the do-gooders might actually have the upper hand. … [Read more...] about In the wake of the pandemic and the protests, purpose is suddenly a superpower