MY THOUGHTS ON NDA 2.0 DIVESTMENT AGENDA Why Government should not be in business of doing business ? Government has far higher spending power than private companies. So, government should really focus on investing and creation of large long term assets and then sell them to private companies. Use money for again creating fresh new…
November first half took traders by surprise when they saw sudden spike in Diesel cracks and sudden fall in Petrol cracks. You started seeing surge in gasoline inventories and that led to gasoline cracks to fall towards $1-2/bbl, lowest in last many months. Diesel cracks rose to about $19/bbl. Diesel cracks shielded weakness in GRMs…
Model Portfolio Stock #2: RELIANCE Industries CMP 1092. Dated: July 18, 2018 Reliance Industries, is one of the most complicated stocks to write about as finding simple words to explain a large business indeed a difficult task. Complication is because of the diversified nature of the business. It is a vertically integrated company in energy…
Stock Markets have a tendency to price in most part of good or bad news in advance. Especially bulk of the bad news in advance. Thats what is happening with the fear prospects of Anti Euro coalition winning the Italian elections again. Italian Bond Rout Political Crisis in Italy has triggered sell off in…
My take on L&T Results : There are already lot of reports on L&T, so I wont talk much on the granular segmental numbers. So, lets keep it simple. We normally see results in positive light when company delivers profit higher than what street would be expecting from them. For top capital goods player, L&T,…
