Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Buy Apar Industries; target of Rs 360: YES Securities
The past few months have seen almost all businesses make dramatic shifts, and the same is true for venture investing. By April 1, I knew I’d been fooled. I had figured COVID-19 would be just a bump in the road for our portfolio companies across Southeast Asia. Lockdowns and other measures were disrupting life in countries from Malaysia to Vietnam, but the founders and CEOs of our firms expected things would bounce back to normal soon. And so did I, until the bad news and grim projections from overseas kept coming. The data points were adding up to a pattern which in no way looked like a V-shaped, or even U-shaped, global economic recovery. … [Read more...] about How my VC fund is helping our companies survive the pandemic
Accordingly, we expect peak net debt/EBITDA for BCORP at 3.3x in FY21E (despite factoring in that BCORP will not receive any subsidies in FY21E) vs previous est. of 3.6x. Currently BCORP is trading at EV/EBITDA of ~6.4x and EV/te of $62 on FY22E. Taking an average of EV/EBITDA and DCF derived values, we have a target of Rs 943/share (implied EV/EBITDA multiple of 8x on FY22E). … [Read more...] about Buy Birla Corporation; target of Rs 943: YES Securities
As of today, that holy grail has been found–or, at least, Russia claims it has. Russian President Vladimir Putin has announced his country has approved the world’s first SARS-CoV-2 vaccine for widespread use. And the president expects vaccinations to start for high-risk groups of people in the country in October. However, there are several reasons no one should get excited by this news. Here’s why: … [Read more...] about 4 reasons not to get excited about Russia’s COVID-19 ‘vaccine’
Especially if a crash plays out in a similar way to an earlier one, says Mohan Ranganathan, an aviation safety expert who was part of the committee that was set up after the Mangalore crash to suggest way to improve safety standards. "Initial reports have said that there is similarity in the two crashes in Kozhikode and Mangalore, despite them being 10 years apart. Same mistakes committed point to a lack of proper training, or a system," he says. … [Read more...] about Air India Express crash | Do investigators take the easy way out by blaming pilots?