We are definitely trading at a record high from the index point of view, but the majority of the stocks are still trading at multi-year lows. I believe that bottom-up investing, with a portfolio of 15 to 20 high-quality stocks will help, Santosh Kumar Singh, Head of Research, MOAMC, said in an interview with Moneycontrol’s Kshitij Anand.edited excerpts:Q) A big bailout package unveiled by the Cabinet on the real estate sector is something which was the need of the hour. Do you think the amount is enough or the government might have to put in more money to move the needle? Any stocks which are likely to benefit the most from the package?Close A) The bailout package announced by the Centre is definitely the need of the hour as a lot of housing projects are stuck for just last-mile funding. The biggest positive is that this money can be even used for the stressed project which is either NPL or referred to NCLT. related news This smallcap debt-free company has … [Read more...] about Investors should look at bottom-up investing with max 15-20 stocks in portfolio
Successful traders are like race drivers. They know how to manoeuvre their way at high speeds. What makes them different is that they know what lies under the hood of the vehicle they are driving and how to correct it if there is a breakdown.The charts and indicators that they use are well-researched to the point where they become second nature and muscle memory. They do not need to think before they react; the reaction comes automatically.If you are a scalper who holds a position for a few seconds to a maximum of a few minutes, your reaction has to be automatic. There is no time to think, all the thinking has to be before and after market hours.Close Sivakumar Jayachandran (@justsiva123) trades on the high-speed race track. A scalper 90 percent of whose trades are held for less than two minutes, Siva as he is called by fellow traders was another trader who proved his mettle at the this year’s Investor Carnival held in Goa. Trading on expiry day along with veteran traders, … [Read more...] about Sivakumar Jayachandran: Journey of a BPO employee to a star trader
Leading non-banking finance company Sundaram Finance on November 11 said it has registered net profits at Rs 269 crore for the quarter ending September 30, 2019.The city-based company had recorded net profits at Rs 154 crore during the corresponding quarter the previous year. The net profit includes an one-time income of Rs 53 crore and the benefit of lower corporate taxes, a company statement said here.Income from operations for the quarter ending September 30, 2019, grew to Rs 994 crore from Rs 817 crore registered a year ago period. The assets under management as on September 30, 2019 was at Rs 30,256 crore as against Rs 27,228 crore registered same period the last fiscal.Close Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & … [Read more...] about Sundaram Finance posts Rs 269 cr net profit in July-Sept
State-run NHPC on November 11 posted a 33 percent rise in its consolidated net profit at Rs 1,457.68 crore in the second quarter mainly due to higher revenues. Its consolidated net profit was Rs 1,093.22 crore in the quarter ended on September 30, 2018, a BSE filing said.Total income of the company increased to Rs 3,360.35 crore in the second quarter from Rs 2,942.72 crore a year ago.Electricity generation is the principal business activity of the NHPC Group. Other operations viz, power trading, contracts, project management and consultancy works do not form a reportable segment.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about NHPC Q2 net profit up 33% at Rs 1,457 crore
advertisement advertisement The year 2012 is not only the Year of the Dragon, it also marks 30 years since In Search of Excellence was published. While there have been voices over the years which have been critical of the book’s methodology, its resulting content, and even its writing style, the case can be made that it is the most influential management book not only in these last 30 years but perhaps–just perhaps–ever. Hyperbole? Consider: It created a new genre of “best seller” business books, works that were not only informative but interesting and highly readable for Everyman. With a few exceptions, such as McGregor, Chandler, Sloan, maybe Drucker, many (most?) prior books on management/leadership were arcane tomes written by academics for academics and practitioners and were rarely found on any popular “best seller” list. Now “business” is considered a book category in itself thanks in no small part to … [Read more...] about The Most Influential Business Book Of The Last 30 Years?