"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
Provident financial management
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?
“Fantastic.” “Relieved.” “Strong.” “Proud.” “Stupid that I waited so long.” Small acts of courage compound to build innovation, problem-solving, and superior customer experience at a massive level. That’s the power of a Courageous Culture. … [Read more...] about The main reasons employees don’t speak their mind at work
All three options do look exciting but they cater to different segments of market participants and can't be bunched in one category. If someone wants to invest for long-term wealth creation, then ‘Bharat Bond ETF, Rosari Biotech, and Yes Bank IPO are preferred choice, filtered on the basis of wealth creation/protection of capital. … [Read more...] about Rossari Biotech IPO, Bharat Bond ETF & Yes Bank FPO: Where should investors put their money?
"With cross-currency headwind, we expect revenues to decline 8 percent QoQ. Further, EBIT margins in global IT services are expected to decline 74 bps due to a sharp dip in utilisation. On a consolidated basis, rupee revenues are expected to decline 6.3 percent QoQ while the EBIT margin is expected to decline 79 bps to 16 percent," ICICI Direct said. … [Read more...] about Wipro Q1 Preview: Profit, revenue may fall; commentary on margin key monitorable