India Daybook – Stocks in News
*Zydus Lifesciences:* Company gets final approval from the US FDA to market Estradiol Transdermal System (Positive)
*NTPC:* Company and Chempolis India have signed a MoU to explore the feasibility of setting up a bamboo-based bio-refinery in Assam's Bongaigaon. (Positive)
*Jindal Stainless:* re-appoints Abhyuday Jindal as MD for 5 years, approves special interim dividend (Positive)
*Prestige Estates:* Company’s arm acquires 51% in Dashanya Tech for Rs 66 Cr (Positive)
*Tata Steel:* Company in talks to raise up to $400 million in offshore green loan (Positive)
*Tata Motors:* Company will launch the new Tata Altroz CNG (Positive)
*Piramal Pharma:* USFDA issued Emergency Inspection Report (EIR) for the manufacturing facility located at Sellersville, USA (Positive)
*Pidilite:* Entered into an agreement with USA's Basic Adhesives to purchase certain assets (Positive)
*Avalon Technologies:* Goldman Sachs bought shares worth Rs 32.63 crore in Avalon Technologies (Positive)
*Lyka Labs:* Company considered the issue of 2.4 mn shares upon conversion of warrants to IPCA Laboratories (Positive)
*Bank of India:* Board approves raising up to Rs 6,500 crore in FY24 (Neutral)
*SBI:* Board gives nod to raise $2 billion via long-term debt (Neutral)
*ICICI GI:* Net profit at Rs 437 cr Vs poll of Rs 377 cr, Net Earned Premium at Rs 3,726 cr Vs poll of Rs 4,011 cr (Neutral)
*Tata Coffee:* Net profit up 19.7 % at Rs 48.8 cr Vs Rs 41 cr, Revenue up 10.2% at Rs 723 cr Vs Rs 656.3 cr (YoY) (Neutral)
*Mahindra and Mahindra:* Company says that 20-30% of the company's passenger vehicles will be electric by 2027 (Neutral)
*Federal Bank:* ICICI Prudential MF stake in Bank to 2.05% from 2.99% stake. (Neutral)
*Oil upstream stocks:* Windfall Tax on Crude has been increased to ₹6,400/tonne from NIL
*Zydus Lifesciences:* Company gets final approval from the US FDA to market Estradiol Transdermal System (Positive)
*NTPC:* Company and Chempolis India have signed a MoU to explore the feasibility of setting up a bamboo-based bio-refinery in Assam's Bongaigaon. (Positive)
*Jindal Stainless:* re-appoints Abhyuday Jindal as MD for 5 years, approves special interim dividend (Positive)
*Prestige Estates:* Company’s arm acquires 51% in Dashanya Tech for Rs 66 Cr (Positive)
*Tata Steel:* Company in talks to raise up to $400 million in offshore green loan (Positive)
*Tata Motors:* Company will launch the new Tata Altroz CNG (Positive)
*Piramal Pharma:* USFDA issued Emergency Inspection Report (EIR) for the manufacturing facility located at Sellersville, USA (Positive)
*Pidilite:* Entered into an agreement with USA's Basic Adhesives to purchase certain assets (Positive)
*Avalon Technologies:* Goldman Sachs bought shares worth Rs 32.63 crore in Avalon Technologies (Positive)
*Lyka Labs:* Company considered the issue of 2.4 mn shares upon conversion of warrants to IPCA Laboratories (Positive)
*Bank of India:* Board approves raising up to Rs 6,500 crore in FY24 (Neutral)
*SBI:* Board gives nod to raise $2 billion via long-term debt (Neutral)
*ICICI GI:* Net profit at Rs 437 cr Vs poll of Rs 377 cr, Net Earned Premium at Rs 3,726 cr Vs poll of Rs 4,011 cr (Neutral)
*Tata Coffee:* Net profit up 19.7 % at Rs 48.8 cr Vs Rs 41 cr, Revenue up 10.2% at Rs 723 cr Vs Rs 656.3 cr (YoY) (Neutral)
*Mahindra and Mahindra:* Company says that 20-30% of the company's passenger vehicles will be electric by 2027 (Neutral)
*Federal Bank:* ICICI Prudential MF stake in Bank to 2.05% from 2.99% stake. (Neutral)
*Oil upstream stocks:* Windfall Tax on Crude has been increased to ₹6,400/tonne from NIL
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 19-04-2023 :
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -2012* 😢
*INDEX FUT. : -292*
*INDEX OPT. : -1101*
*STOCK FUT. : -867*
*STOCK OPT. : +249*
*SEC. IN F&O BAN FOR, 20 APR, 2023 :*
*NIL*
*ADDITION : NIL*
*DELETION : DELTACORP, BALRAMCHIN*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 19-APR-2023 :*
*FIIS : SELL -13 (7,982-7,995)* 😳
*DIIS : SELL -110 (5,298-5,408)* 😔
*BSE SENSEX : -159 (59,568)🔽*
*NSE NIFTY : -41 (17,619)*🔽
*BSE MIDCAP. : -45 (24,942)*🔼
*BSE SMLCAP. : +34 (28,281)*🔼
*B. CRUDE : $ 83.59* 🔽 🙂
*GOLD: $195=INR 60,400(10gr)* 🔽 😩
*SILVER : RS. 77,900 (kg) (5pm)* 🔼 🙂
*FOREX : RS. $ 82.2250* 🔽 😔
*7.26% GOI '32 : 7.2251%(100.22)* 🔼😔
*7.41% GOI '36 : 7.3322% (100.65)* ↔️😳
*7.26% GOI NEW '33: 7.2016%(100.39)*🔼😔
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -2012* 😢
*INDEX FUT. : -292*
*INDEX OPT. : -1101*
*STOCK FUT. : -867*
*STOCK OPT. : +249*
*SEC. IN F&O BAN FOR, 20 APR, 2023 :*
*NIL*
*ADDITION : NIL*
*DELETION : DELTACORP, BALRAMCHIN*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 19-APR-2023 :*
*FIIS : SELL -13 (7,982-7,995)* 😳
*DIIS : SELL -110 (5,298-5,408)* 😔
*BSE SENSEX : -159 (59,568)🔽*
*NSE NIFTY : -41 (17,619)*🔽
*BSE MIDCAP. : -45 (24,942)*🔼
*BSE SMLCAP. : +34 (28,281)*🔼
*B. CRUDE : $ 83.59* 🔽 🙂
*GOLD: $195=INR 60,400(10gr)* 🔽 😩
*SILVER : RS. 77,900 (kg) (5pm)* 🔼 🙂
*FOREX : RS. $ 82.2250* 🔽 😔
*7.26% GOI '32 : 7.2251%(100.22)* 🔼😔
*7.41% GOI '36 : 7.3322% (100.65)* ↔️😳
*7.26% GOI NEW '33: 7.2016%(100.39)*🔼😔
प्रणाम,
Low Financial Literacy + Greed to become Rich fast + Covid + Search for “Over Simplicity” = Financial Influencers + Young Start Up entrepreneurs = Disaster
I cant comment on their “Technical, Financial or Business Skills “ but yes they have “the gift of the gab” . Many of them are graduates of Top Schools and have worked with big Consulting or Advisory Firms.
Finance By Sharan’s , Sharan Hegde promoted a platform Hedonova . This platform was promoted by Anuraag Bhatia , founder of Banglore based wealth management startup Minance. Anuraag Bhatia was banned by SEBI multiple allegations of fraud . He was agin picked by EOW of Mumbai Police. When Sharan came to know this he just apologized on linkedin but then people lost money .
Akshat Shrivastava , MBA Chaiwala - Prafull Billore and Ankur Warikoo promoted Vauld – Crypto Lending Money – . Ankur Warikoo said in one of his video that there is no RISK in this platform and the returns can be as high as 14% guranteed .However, about $402 million of 8 lakhs people gets stuck and that Ankur Warikoo said that he was given about Rs.4,47,000 to promote the platform but then he said I was not having any information about it .
We also have the example of MBA Chaiwala - Prafull Billore who is having many Fraud cases filed against him . He used to take Rs. 25 to 30 lakh as franchise fee to start a “चाय की टपरी” , what a joke. He used to say that the daily “Revenue” will be min Rs.10,000 and the actual revenue of the franchise was Rs.700 to Rs.1000 per day. There are many such examples.
I have always been skeptical about all these things .And people always tell me सर आप तो बहुत Negative हो, ये नया ज़माना है , This is “Generation Zee” .
But I tell them only one thing that ज़माना कोई भी हो we humans required oxygen for living in past , it is required in present and will be required in future also . In the same way, profit is also required for Survival of Business in past, present and future .धंधा महेनत से होता है सिर्फ अच्छा दिखने से या अच्छा बोलने से नहीं .
May there be an end of Revenue Driven Valuations.
I have no issues if people teach “Finance” but I have serious issues when people advice on finance without taking any responsibility. Dear all please understand that “Rocket Science” will always be difficult to Shah , unless Shah become a “Rocket Scientist” by seriously studying the subject and working as an intern under a master hand.
So, the old saying still holds true – Caveat Emptor
#entrepreneur #startups #finfluencers #Fraud #valuations #wealthmanagement #finance #business #startup #entrepreneur #money
Low Financial Literacy + Greed to become Rich fast + Covid + Search for “Over Simplicity” = Financial Influencers + Young Start Up entrepreneurs = Disaster
I cant comment on their “Technical, Financial or Business Skills “ but yes they have “the gift of the gab” . Many of them are graduates of Top Schools and have worked with big Consulting or Advisory Firms.
Finance By Sharan’s , Sharan Hegde promoted a platform Hedonova . This platform was promoted by Anuraag Bhatia , founder of Banglore based wealth management startup Minance. Anuraag Bhatia was banned by SEBI multiple allegations of fraud . He was agin picked by EOW of Mumbai Police. When Sharan came to know this he just apologized on linkedin but then people lost money .
Akshat Shrivastava , MBA Chaiwala - Prafull Billore and Ankur Warikoo promoted Vauld – Crypto Lending Money – . Ankur Warikoo said in one of his video that there is no RISK in this platform and the returns can be as high as 14% guranteed .However, about $402 million of 8 lakhs people gets stuck and that Ankur Warikoo said that he was given about Rs.4,47,000 to promote the platform but then he said I was not having any information about it .
We also have the example of MBA Chaiwala - Prafull Billore who is having many Fraud cases filed against him . He used to take Rs. 25 to 30 lakh as franchise fee to start a “चाय की टपरी” , what a joke. He used to say that the daily “Revenue” will be min Rs.10,000 and the actual revenue of the franchise was Rs.700 to Rs.1000 per day. There are many such examples.
I have always been skeptical about all these things .And people always tell me सर आप तो बहुत Negative हो, ये नया ज़माना है , This is “Generation Zee” .
But I tell them only one thing that ज़माना कोई भी हो we humans required oxygen for living in past , it is required in present and will be required in future also . In the same way, profit is also required for Survival of Business in past, present and future .धंधा महेनत से होता है सिर्फ अच्छा दिखने से या अच्छा बोलने से नहीं .
May there be an end of Revenue Driven Valuations.
I have no issues if people teach “Finance” but I have serious issues when people advice on finance without taking any responsibility. Dear all please understand that “Rocket Science” will always be difficult to Shah , unless Shah become a “Rocket Scientist” by seriously studying the subject and working as an intern under a master hand.
So, the old saying still holds true – Caveat Emptor
#entrepreneur #startups #finfluencers #Fraud #valuations #wealthmanagement #finance #business #startup #entrepreneur #money
👍1
*SGX Nifty +40 pts (17685) from last trade 17645 ,*
Nikkei +27 pts ,
Hangseng +26 pts ,
Now @7.16am .
Dow -79.62 pts ,Nsdq +3.81 pts, S&P -0.35 pts , Bovespa -2250 pts , Ftse -10 pts , Dax +12 pts , Cac +15 pts , Crude @ $78.88 brl (-0.28), Brent @ $83.12 brl (+0.00) , Gold @ 2005.80 (-1.50), Silver @ $25.34 (-0.03), Euro @ $1.0949, JPY @ $134.75, INR @ 82.315
*Today's Corporate Action*
*20th Apr Ex Date*
CORNE
E.G.M.
DREDGECORP
E.G.M.
FISCHER
E.G.M.
GLOBALCA
Bonus issue 6:10
GLOBALCA
Stock Split From Rs.10/- to Rs.1/-
HUHTAMAKI
Dividend - Rs. - 2.0000
THYROCARE
Interim Dividend - Rs. - 18.0000
*Today's Board Meetings*
*20-Apr-23*
AMAL
Audited Results
BTML
General;Audited Results;Quarterly Results;Final Dividend
CYIENT
Quarterly Results
FAMILYCARE
General;Bonus issue
GENNEX
General
GREENPOWER
Audited Results
HCLTECH
Audited Results;Interim Dividend
ICICIPRULI
Audited Results
IONEXCHANG
Stock Split
ITHL
Audited Results;Final Dividend
KRRAIL
Bonus issue;Increase in Authorised Capital
ORIENTHOT
Audited Results;Dividend
RAJNISH
General;Audited Results;Quarterly Results
TTKHEALTH
Voluntary Delisting of Shares
*Stock under F&O ban on NSE*
*20-Apr-23*
None
Nikkei +27 pts ,
Hangseng +26 pts ,
Now @7.16am .
Dow -79.62 pts ,Nsdq +3.81 pts, S&P -0.35 pts , Bovespa -2250 pts , Ftse -10 pts , Dax +12 pts , Cac +15 pts , Crude @ $78.88 brl (-0.28), Brent @ $83.12 brl (+0.00) , Gold @ 2005.80 (-1.50), Silver @ $25.34 (-0.03), Euro @ $1.0949, JPY @ $134.75, INR @ 82.315
*Today's Corporate Action*
*20th Apr Ex Date*
CORNE
E.G.M.
DREDGECORP
E.G.M.
FISCHER
E.G.M.
GLOBALCA
Bonus issue 6:10
GLOBALCA
Stock Split From Rs.10/- to Rs.1/-
HUHTAMAKI
Dividend - Rs. - 2.0000
THYROCARE
Interim Dividend - Rs. - 18.0000
*Today's Board Meetings*
*20-Apr-23*
AMAL
Audited Results
BTML
General;Audited Results;Quarterly Results;Final Dividend
CYIENT
Quarterly Results
FAMILYCARE
General;Bonus issue
GENNEX
General
GREENPOWER
Audited Results
HCLTECH
Audited Results;Interim Dividend
ICICIPRULI
Audited Results
IONEXCHANG
Stock Split
ITHL
Audited Results;Final Dividend
KRRAIL
Bonus issue;Increase in Authorised Capital
ORIENTHOT
Audited Results;Dividend
RAJNISH
General;Audited Results;Quarterly Results
TTKHEALTH
Voluntary Delisting of Shares
*Stock under F&O ban on NSE*
*20-Apr-23*
None
*India Daybook – Stocks in News*
*Equitas SFB:* RBI grant Equitas SFB Authorized Dealer Category-I (Ad-I) licence to deal in Foreign Exchange (Positive)
*Tata Motors:* JLR plans to invest 15 billion pounds over 5 years for EV drive. (Positive)
*Shakti Pumps:* Company gets pending $1 m for a project from EXIM Bank on behalf of Uganda Govt (Positive)
*Prestige Estates:* Quarterly sales surge to Rs 3,889 crore; collections soar by 12% (Positive)
*Zydus Lifesciences:* Company gets USFDA nod to manufacture generic anti-inflammatory drug (Positive)
*Mastek:* Profit up 13.1% at Rs 72.6 cr Vs Rs 64 cr, Revenue up 7.7% at Rs 709.2 cr Vs Rs 658.7 cr (QoQ) (Positive)
*Taylormade Renewables:* Company gets Letter of Intent for an order worth Rs 145 crore (Positive)
*UltraTech Cement:* Commissions 2.2 MTPA cement grinding unit in Bihar (Positive)
*NBCC:* Company gets project worth Rs 208 crore from PWD Puducherry (Positive)
*Bombay Burmah:* Company to sell 3 tea estates in Tanzania for $1.2 million (Positive)
*Tech M:* SoftTech, Tech Mahindra jointly secures a deal to deliver technology service for a Finnish company (Positive)
*IndusInd Bank:* Signs $100 million loan agreement with JBIC to provide credit facilities to Japanese OEMs in India (Positive)
*Cable Stocks:* NHAI to lay down 10,000 Km of optic fibre cable infrastructure across India by FY25 (Positive)
*TTK Healthcare:* To Consider Proposal for Voluntary Delisting of the Equity Shares (Positive)
*Tata Comm:* Profit down 10.7% at Rs 326 cr Vs Rs 365 Cr, Rev up 7.2% at Rs 4,568.7 cr Vs Rs 4,263 cr (YoY) (Neutral)
*Bank of Maharashtra:* To consider fundraising of up to Rs 7,500 cr via QIP for FY24 on April 24 (Neutral)
*ION Exchange:* To Consider Splitting Its Existing Shares (Neutral)
*Adani Ports:* The company on April 22 will consider first and a partial buyback of its debt securities (Neutral)
*Equitas SFB:* RBI grant Equitas SFB Authorized Dealer Category-I (Ad-I) licence to deal in Foreign Exchange (Positive)
*Tata Motors:* JLR plans to invest 15 billion pounds over 5 years for EV drive. (Positive)
*Shakti Pumps:* Company gets pending $1 m for a project from EXIM Bank on behalf of Uganda Govt (Positive)
*Prestige Estates:* Quarterly sales surge to Rs 3,889 crore; collections soar by 12% (Positive)
*Zydus Lifesciences:* Company gets USFDA nod to manufacture generic anti-inflammatory drug (Positive)
*Mastek:* Profit up 13.1% at Rs 72.6 cr Vs Rs 64 cr, Revenue up 7.7% at Rs 709.2 cr Vs Rs 658.7 cr (QoQ) (Positive)
*Taylormade Renewables:* Company gets Letter of Intent for an order worth Rs 145 crore (Positive)
*UltraTech Cement:* Commissions 2.2 MTPA cement grinding unit in Bihar (Positive)
*NBCC:* Company gets project worth Rs 208 crore from PWD Puducherry (Positive)
*Bombay Burmah:* Company to sell 3 tea estates in Tanzania for $1.2 million (Positive)
*Tech M:* SoftTech, Tech Mahindra jointly secures a deal to deliver technology service for a Finnish company (Positive)
*IndusInd Bank:* Signs $100 million loan agreement with JBIC to provide credit facilities to Japanese OEMs in India (Positive)
*Cable Stocks:* NHAI to lay down 10,000 Km of optic fibre cable infrastructure across India by FY25 (Positive)
*TTK Healthcare:* To Consider Proposal for Voluntary Delisting of the Equity Shares (Positive)
*Tata Comm:* Profit down 10.7% at Rs 326 cr Vs Rs 365 Cr, Rev up 7.2% at Rs 4,568.7 cr Vs Rs 4,263 cr (YoY) (Neutral)
*Bank of Maharashtra:* To consider fundraising of up to Rs 7,500 cr via QIP for FY24 on April 24 (Neutral)
*ION Exchange:* To Consider Splitting Its Existing Shares (Neutral)
*Adani Ports:* The company on April 22 will consider first and a partial buyback of its debt securities (Neutral)
Forwarded from Aapka Saarthi @STOCKARTHi Make Money Work For You !!!
KECL Uff KIRLOSKAR ELECTRIC COMPANY LIMITED READY FOR NEXT LEVEL.
CLOSING ABV 90 FOR FEW DAYS WILL TRIGGER THE MARCH.
@A1GURUKULAM
LIKE SHARE AND SUPPORT SMALL TRADERS N INVESTORS. 😊
CLOSING ABV 90 FOR FEW DAYS WILL TRIGGER THE MARCH.
@A1GURUKULAM
LIKE SHARE AND SUPPORT SMALL TRADERS N INVESTORS. 😊
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 20-04-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -6586* 😭
*INDEX FUT. : +475*
*INDEX OPT. : -8131*
*STOCK FUT. : +913*
*STOCK OPT. : +157*
*SEC. IN F&O BAN FOR, 21 APR, 2023 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 20-APR-2023 :*
*FIIS : SELL -1,169 (5,774-6,943)* 😢
*DIIS : BUY +832 (4,753-3,920)* 😊
*BSE SENSEX : +64 (59,632)🔼*
*NSE NIFTY : +05 (17,624)*🔼
*BSE MIDCAP. : -07 (24,935)*🔽
*BSE SMLCAP. : +29 (28,310)*🔼
*B. CRUDE : $ 81.15* 🔽 😄
*GOLD: $2002=INR 60,550(10gr)* 🔼 🙂
*SILVER : RS. 77,700 (kg) (5pm)* 🔽 😔
*FOREX : RS. $ 82.1475* 🔼 🙂
*7.26% GOI '32 : 7.2206%(100.25)* 🔽🙂
*7.41% GOI '36 : 7.32520% (100.71)* 🔽🙂
*7.26% GOI NEW '33: 7.2001%(100.340)*↔️🙂
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -6586* 😭
*INDEX FUT. : +475*
*INDEX OPT. : -8131*
*STOCK FUT. : +913*
*STOCK OPT. : +157*
*SEC. IN F&O BAN FOR, 21 APR, 2023 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 20-APR-2023 :*
*FIIS : SELL -1,169 (5,774-6,943)* 😢
*DIIS : BUY +832 (4,753-3,920)* 😊
*BSE SENSEX : +64 (59,632)🔼*
*NSE NIFTY : +05 (17,624)*🔼
*BSE MIDCAP. : -07 (24,935)*🔽
*BSE SMLCAP. : +29 (28,310)*🔼
*B. CRUDE : $ 81.15* 🔽 😄
*GOLD: $2002=INR 60,550(10gr)* 🔼 🙂
*SILVER : RS. 77,700 (kg) (5pm)* 🔽 😔
*FOREX : RS. $ 82.1475* 🔼 🙂
*7.26% GOI '32 : 7.2206%(100.25)* 🔽🙂
*7.41% GOI '36 : 7.32520% (100.71)* 🔽🙂
*7.26% GOI NEW '33: 7.2001%(100.340)*↔️🙂
Life gives the
Hardest Battles
to the
Strongest Soldiers.
Axit D Shah
Hardest Battles
to the
Strongest Soldiers.
Axit D Shah
SGX Nifty +31 pts (17686) from last trade 17655 ,
Nikkei +11 pts ,
Hangseng -62 pts ,
Dow -110.39 pts ,Nsdq -97.67 pts, S&P -24.73 pts , Bovespa +453 pts , Ftse +3 pts , Dax -99 pts , Cac -10 pts , Crude @ $77.29 brl (-0.00), Brent @ $81.10 brl (+0.00) , Gold @ 2015.80 (-3.30), Silver @ $25.335 (-0.03), Euro @ $1.0966, JPY @ $134.13, INR @ 82.125
Today's Corporate Action
21st Apr Ex Date
EIDPARRY
Interim Dividend - Rs. - 4.0000
GSCLCEMENT
Amalgamation
JETINFRA
Bonus issue 1:1
KAARYAFSL
E.G.M.
MOLDTEK
Interim Dividend - Rs. - 2.0000
MOLDTKPAC
Interim Dividend - Rs. - 4.0000
NESTLEIND
Final Dividend - Rs. - 75.0000
NESTLEIND
Interim Dividend - Rs. - 27.0000
PRERINFRA
Right Issue of Equity Shares
SURFUNC
E.G.M.
TIPSINDLTD
Stock Split From Rs.10/- to Rs.1/-
Today's Board Meetings
21-Apr-23
BIRLAMONEY
Audited Results
LWSKNIT
General
TANFACIND
Audited Results
TEJASNET
Audited Results;Quarterly Results
WENDT
Audited Results;Final Dividend
Stock under F&O ban on NSE
21-Apr-23
None
Nikkei +11 pts ,
Hangseng -62 pts ,
Dow -110.39 pts ,Nsdq -97.67 pts, S&P -24.73 pts , Bovespa +453 pts , Ftse +3 pts , Dax -99 pts , Cac -10 pts , Crude @ $77.29 brl (-0.00), Brent @ $81.10 brl (+0.00) , Gold @ 2015.80 (-3.30), Silver @ $25.335 (-0.03), Euro @ $1.0966, JPY @ $134.13, INR @ 82.125
Today's Corporate Action
21st Apr Ex Date
EIDPARRY
Interim Dividend - Rs. - 4.0000
GSCLCEMENT
Amalgamation
JETINFRA
Bonus issue 1:1
KAARYAFSL
E.G.M.
MOLDTEK
Interim Dividend - Rs. - 2.0000
MOLDTKPAC
Interim Dividend - Rs. - 4.0000
NESTLEIND
Final Dividend - Rs. - 75.0000
NESTLEIND
Interim Dividend - Rs. - 27.0000
PRERINFRA
Right Issue of Equity Shares
SURFUNC
E.G.M.
TIPSINDLTD
Stock Split From Rs.10/- to Rs.1/-
Today's Board Meetings
21-Apr-23
BIRLAMONEY
Audited Results
LWSKNIT
General
TANFACIND
Audited Results
TEJASNET
Audited Results;Quarterly Results
WENDT
Audited Results;Final Dividend
Stock under F&O ban on NSE
21-Apr-23
None
❤1
10 Yr #Bond #Yield 7.22
#NIFTY 50 P/E 20.61
NIFTY 50 P/B 4.13
NIFTY 50 #Div yield 1.42
#ALLIESFIN
#BANK NIFTY P/B: 2.74
#STOCKMARKET
#S&P #BSE #Sensex P/E 22.46
S&P BSE Sensex P/B 3.26
S&P BSE Sensex Div yield 1.26
#NIFTY 50 P/E 20.61
NIFTY 50 P/B 4.13
NIFTY 50 #Div yield 1.42
#ALLIESFIN
#BANK NIFTY P/B: 2.74
#STOCKMARKET
#S&P #BSE #Sensex P/E 22.46
S&P BSE Sensex P/B 3.26
S&P BSE Sensex Div yield 1.26
News Headline from Leading Financial News Papers,
Friday, 21 April, 2023
• 'Digital gold demand likely to go up on Akshaya Tritiya
• Post-pandemic binge: Alcohol imports jump 54% in April-January
• Kotak Mahindra wins case to liquidate ARSS Infrastructure Projects Ltd even as 76% of lenders approved it
• ICICI Pru Life reports 27.2% rise in Q4 net profit
• Sebi penalises two former auditors of CG Power
• HCL Tech’s deal pipeline affirms sustained long term momentum
•'Reliance may be a bigger threat to D2C FMCG brands: Kantar
• SBI looks to raise $500 million via dollar bonds
• Max frontrunner to acquire Care Hospitals from TPG
• RBI may hold rates again in June; monsoon, crude key
• WTO ruling on Indian duty, if upheld, could hit local production of mobiles
• Anil Agarwal-led Vedanta puts Hindustan Zinc stake on the line to raise Rs 1,500 crore in loans
• RBI cracks the whip on banks, companies over past reporting lapses
• UltraTech Cement share price gains on capacity expansion
• NBCC shares rise on bagging Rs 207-crore order from Puducherry PWD
• ITC becomes 11th Indian firm to cross Rs 5-trillion market value
• Smallcap IT firm Mastek zooms on strong Q4 show driven by UK deals
• JSPL shares rise on hopes of steel demand from China, lower coking coal prices
• Shakti Pumps rises on getting $1 million due from Uganda project
• NTPC to commission 3.5 GW of capacity by 2030
• Mid and small cap shares show promising signs of recovery
• Top 5 QSR players to spend Rs 5,800 crore by FY25 to expand business: ICRA
• A flat yield curve does not bode well for bank margins
• TTK Healthcare falls 4% as board approves voluntary delisting of shares
• Emkay Global rallies 20% after Sebi's in-principle approval for mutual fund business
• Tata Communications gains 3% on robust data services despite operating margin shrink
• Metro Brands surges 6%, experts say next target Rs 900
•RIL may record 17% growth in Q4 operating profit, single-digit rise in topline, bottomline
• Telecom Q4 Preview | Flat quarter expected due to muted revenue, high 5G rollout costs
• Performative obeisance, collective exercise in futility: SEBI on CARE Ratings' independence under former MD
•Hotels on a swing with 19,000 signings last year and over 7,000 lined up for 2023: Report
•Sapphire Foods India: Better store sales growth makes re-rating a meaty affair
•After Pathaan, theatres count on Salman Khan's Eid release to drive footfalls
•Amazon to expand in business supplies after pandemic boosts sales in Europe
•Reliance Industrial Infra posts 983% jump in Q4 net profit at Rs 11.54 crore; declares dividend
• Wipro Consumer to buy Kerala based spice and food brand Brahmins
Friday, 21 April, 2023
• 'Digital gold demand likely to go up on Akshaya Tritiya
• Post-pandemic binge: Alcohol imports jump 54% in April-January
• Kotak Mahindra wins case to liquidate ARSS Infrastructure Projects Ltd even as 76% of lenders approved it
• ICICI Pru Life reports 27.2% rise in Q4 net profit
• Sebi penalises two former auditors of CG Power
• HCL Tech’s deal pipeline affirms sustained long term momentum
•'Reliance may be a bigger threat to D2C FMCG brands: Kantar
• SBI looks to raise $500 million via dollar bonds
• Max frontrunner to acquire Care Hospitals from TPG
• RBI may hold rates again in June; monsoon, crude key
• WTO ruling on Indian duty, if upheld, could hit local production of mobiles
• Anil Agarwal-led Vedanta puts Hindustan Zinc stake on the line to raise Rs 1,500 crore in loans
• RBI cracks the whip on banks, companies over past reporting lapses
• UltraTech Cement share price gains on capacity expansion
• NBCC shares rise on bagging Rs 207-crore order from Puducherry PWD
• ITC becomes 11th Indian firm to cross Rs 5-trillion market value
• Smallcap IT firm Mastek zooms on strong Q4 show driven by UK deals
• JSPL shares rise on hopes of steel demand from China, lower coking coal prices
• Shakti Pumps rises on getting $1 million due from Uganda project
• NTPC to commission 3.5 GW of capacity by 2030
• Mid and small cap shares show promising signs of recovery
• Top 5 QSR players to spend Rs 5,800 crore by FY25 to expand business: ICRA
• A flat yield curve does not bode well for bank margins
• TTK Healthcare falls 4% as board approves voluntary delisting of shares
• Emkay Global rallies 20% after Sebi's in-principle approval for mutual fund business
• Tata Communications gains 3% on robust data services despite operating margin shrink
• Metro Brands surges 6%, experts say next target Rs 900
•RIL may record 17% growth in Q4 operating profit, single-digit rise in topline, bottomline
• Telecom Q4 Preview | Flat quarter expected due to muted revenue, high 5G rollout costs
• Performative obeisance, collective exercise in futility: SEBI on CARE Ratings' independence under former MD
•Hotels on a swing with 19,000 signings last year and over 7,000 lined up for 2023: Report
•Sapphire Foods India: Better store sales growth makes re-rating a meaty affair
•After Pathaan, theatres count on Salman Khan's Eid release to drive footfalls
•Amazon to expand in business supplies after pandemic boosts sales in Europe
•Reliance Industrial Infra posts 983% jump in Q4 net profit at Rs 11.54 crore; declares dividend
• Wipro Consumer to buy Kerala based spice and food brand Brahmins
👍1
Forwarded from @TechNoFunda Contributors Corner
How Our Life Changed :
From ex-girlfriend to ex-dividend
From Red Bull to Bear Bull
From Munna-circuit to Upper-lower circuit
From Future tense to Futures & options
From Black & White to Red & Green
From B.Sc, M.Sc to BSE, NSE
From India-TV to NDTV
From playing Jhunjhuna to idolising Jhunjhunwala
From Spending in market to Investing in 'market'
WE ALL GREW UP💹
From ex-girlfriend to ex-dividend
From Red Bull to Bear Bull
From Munna-circuit to Upper-lower circuit
From Future tense to Futures & options
From Black & White to Red & Green
From B.Sc, M.Sc to BSE, NSE
From India-TV to NDTV
From playing Jhunjhuna to idolising Jhunjhunwala
From Spending in market to Investing in 'market'
WE ALL GREW UP💹
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 21-04-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -3276* 😢
*INDEX FUT. : +104*
*INDEX OPT. : -3895*
*STOCK FUT. : +467*
*STOCK OPT. : +48*
*SEC. IN F&O BAN FOR, 24 APR, 2023 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 21-APR-2023 :*
*FIIS : SELL -2,116 (5,128-7,244)* 😢
*DIIS : BUY +1,633 (5,476-3,843)* 😀
*BSE SENSEX : +23 (59,655)🔼*
*NSE NIFTY : +00 (17,624)*↔️
*BSE MIDCAP. : -90 (24,845)*🔽
*BSE SMLCAP. : -76 (28,234)*🔽
*B. CRUDE : $ 81.86* 🔼 😔
*GOLD: $1981=INR 60,000(10gr)* 🔽 😩
*SILVER : RS. 77,900 (kg) (5pm)* 🔼 😊
*FOREX : RS. $ 82.09* 🔼 🙂
*7.26% GOI '32 : 7.1856%(100.4850)* 🔽😊
*7.41% GOI '36 : 7.2776% (101.12)*🔽😊
*7.26% GOI NEW '33: 7.1556%(100.71)*🔽😊
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -3276* 😢
*INDEX FUT. : +104*
*INDEX OPT. : -3895*
*STOCK FUT. : +467*
*STOCK OPT. : +48*
*SEC. IN F&O BAN FOR, 24 APR, 2023 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 21-APR-2023 :*
*FIIS : SELL -2,116 (5,128-7,244)* 😢
*DIIS : BUY +1,633 (5,476-3,843)* 😀
*BSE SENSEX : +23 (59,655)🔼*
*NSE NIFTY : +00 (17,624)*↔️
*BSE MIDCAP. : -90 (24,845)*🔽
*BSE SMLCAP. : -76 (28,234)*🔽
*B. CRUDE : $ 81.86* 🔼 😔
*GOLD: $1981=INR 60,000(10gr)* 🔽 😩
*SILVER : RS. 77,900 (kg) (5pm)* 🔼 😊
*FOREX : RS. $ 82.09* 🔼 🙂
*7.26% GOI '32 : 7.1856%(100.4850)* 🔽😊
*7.41% GOI '36 : 7.2776% (101.12)*🔽😊
*7.26% GOI NEW '33: 7.1556%(100.71)*🔽😊
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 24-04-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -9197* 😭
*INDEX FUT. : +1113*
*INDEX OPT. : -11765*
*STOCK FUT. : +1311*
*STOCK OPT. : +143*
*SEC. IN F&O BAN FOR, 25 APR, 2023 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 24-APR-2023 :*
*FIIS : SELL -412 (6,219-6,631)* 😔
*DIIS : BUY +1,177 (6,138-4,961)* 😀
*BSE SENSEX : +401 (60,056)🔼*
*NSE NIFTY : +119 (17,743)*🔼
*BSE MIDCAP. : +117 (24,962)*🔼
*BSE SMLCAP. : +95 (28,329)*🔼
*B. CRUDE : $ 81.75* ↔️ 😳
*GOLD: $1978=INR 59,800(10gr)* 🔽 😔
*SILVER : RS. 76,700 (kg) (5pm)* 🔽 😢
*FOREX : RS. $ 81.9050* 🔼 🙂
*7.26% GOI '32 : 7.1396%(100.7950)* 🔽😊
*7.41% GOI '36 : 7.2141% (101.67)*🔽😀
*7.26% GOI NEW '33: 7.0977%(101.1150)*🔽😊
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -9197* 😭
*INDEX FUT. : +1113*
*INDEX OPT. : -11765*
*STOCK FUT. : +1311*
*STOCK OPT. : +143*
*SEC. IN F&O BAN FOR, 25 APR, 2023 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 24-APR-2023 :*
*FIIS : SELL -412 (6,219-6,631)* 😔
*DIIS : BUY +1,177 (6,138-4,961)* 😀
*BSE SENSEX : +401 (60,056)🔼*
*NSE NIFTY : +119 (17,743)*🔼
*BSE MIDCAP. : +117 (24,962)*🔼
*BSE SMLCAP. : +95 (28,329)*🔼
*B. CRUDE : $ 81.75* ↔️ 😳
*GOLD: $1978=INR 59,800(10gr)* 🔽 😔
*SILVER : RS. 76,700 (kg) (5pm)* 🔽 😢
*FOREX : RS. $ 81.9050* 🔼 🙂
*7.26% GOI '32 : 7.1396%(100.7950)* 🔽😊
*7.41% GOI '36 : 7.2141% (101.67)*🔽😀
*7.26% GOI NEW '33: 7.0977%(101.1150)*🔽😊
❤1
*SGX Nifty +22 pts (17791) from last trade 17769 ,*
Nikkei +135 pts ,
Hangseng -114 pts ,
Around 7.06 am .
Dow +66.44 pts ,Nsdq -35.25 pts, S&P +3.52 pts , Bovespa -420 pts , Ftse -1 pts , Dax -17 pts , Cac -3 pts , Crude @ $78.59 brl (-0.17), Brent @ $82.73 brl (-0.10) , Gold @ 2002.30 (+2.50), Silver @ $25.22 (-0.09), Euro @ $1.1053, JPY @ $134.02, INR @ 81.955
*Today's Corporate Action*
*25th Apr Ex Date*
ACHYUT
Bonus issue 1:2
GOYALALUM
Stock Split From Rs.10/- to Rs.1/-
*Today's Board Meetings*
*25-Apr-23*
ANANTRAJ
Audited Results;Final Dividend
ASIANTILES
Preferential Issue of shares
AUBANK
Audited Results;Final Dividend
AXITA
Audited Results;General;Quarterly Results
BAJAJ-AUTO
Audited Results;Final Dividend
BHARATWIRE
Audited Results;Quarterly Results
BLUECHIPT
General
CILSEC
Quarterly Results
DALBHARAT
Audited Results;Final Dividend
DBOL
Audited Results;Dividend
EFCIL
General;Preferential Issue of shares
ELECON
Audited Results;Final Dividend;General
GISOLUTION
Quarterly Results
HDFCAMC
Audited Results;Dividend
HUHTAMAKI
Quarterly Results
INDINFR
General
LLOYDSME
A.G.M.;Audited Results;General
MAHINDCIE
Quarterly Results
MAHLIFE
Audited Results;Dividend
MFL
Audited Results;Final Dividend
MHRIL
Audited Results
MORARKFI
A.G.M.;Audited Results;Final Dividend
NAM-INDIA
Audited Results;Final Dividend
NATURAL
Audited Results
NESTLEIND
Quarterly Results
PERSISTENT
General
RAHME
Audited Results;Quarterly Results
RAJKSYN
Audited Results
RALLIS
Audited Results;Final Dividend
RSSOFTWARE
Audited Results
SHEMAROO
Audited Results
TATACONSUM
Audited Results;Final Dividend;General
TATASTLLP
Audited Results
VIVANZA
Audited Results;General
VSTIND
Audited Results;Dividend
*Stock under F&O ban on NSE*
*25-Apr-23*
None
Nikkei +135 pts ,
Hangseng -114 pts ,
Around 7.06 am .
Dow +66.44 pts ,Nsdq -35.25 pts, S&P +3.52 pts , Bovespa -420 pts , Ftse -1 pts , Dax -17 pts , Cac -3 pts , Crude @ $78.59 brl (-0.17), Brent @ $82.73 brl (-0.10) , Gold @ 2002.30 (+2.50), Silver @ $25.22 (-0.09), Euro @ $1.1053, JPY @ $134.02, INR @ 81.955
*Today's Corporate Action*
*25th Apr Ex Date*
ACHYUT
Bonus issue 1:2
GOYALALUM
Stock Split From Rs.10/- to Rs.1/-
*Today's Board Meetings*
*25-Apr-23*
ANANTRAJ
Audited Results;Final Dividend
ASIANTILES
Preferential Issue of shares
AUBANK
Audited Results;Final Dividend
AXITA
Audited Results;General;Quarterly Results
BAJAJ-AUTO
Audited Results;Final Dividend
BHARATWIRE
Audited Results;Quarterly Results
BLUECHIPT
General
CILSEC
Quarterly Results
DALBHARAT
Audited Results;Final Dividend
DBOL
Audited Results;Dividend
EFCIL
General;Preferential Issue of shares
ELECON
Audited Results;Final Dividend;General
GISOLUTION
Quarterly Results
HDFCAMC
Audited Results;Dividend
HUHTAMAKI
Quarterly Results
INDINFR
General
LLOYDSME
A.G.M.;Audited Results;General
MAHINDCIE
Quarterly Results
MAHLIFE
Audited Results;Dividend
MFL
Audited Results;Final Dividend
MHRIL
Audited Results
MORARKFI
A.G.M.;Audited Results;Final Dividend
NAM-INDIA
Audited Results;Final Dividend
NATURAL
Audited Results
NESTLEIND
Quarterly Results
PERSISTENT
General
RAHME
Audited Results;Quarterly Results
RAJKSYN
Audited Results
RALLIS
Audited Results;Final Dividend
RSSOFTWARE
Audited Results
SHEMAROO
Audited Results
TATACONSUM
Audited Results;Final Dividend;General
TATASTLLP
Audited Results
VIVANZA
Audited Results;General
VSTIND
Audited Results;Dividend
*Stock under F&O ban on NSE*
*25-Apr-23*
None
“Let us be grateful to the mirror for revealing to us our appearance only.”
Axit D Shah
Axit D Shah
🙏1
Forwarded from @TechNoFunda Contributors Corner
#India Daybook #Stocks in #News
*Infosys:* Company signs deal with Aramco to develop HR technology for the Saudi oil giant.. (Positive)
*Ipca Labs:* Company to acquire 33.38% in Unichem Labs at ₹440/share aggregating to ₹1,034.1 crore. (Positive)
*Mahindra Lifespaces:* Bags society redevelopment project in suburban Mumbai having revenue potential of approx ₹850 crore (Positive)
*HDFC Bank:* Singapore's regulatory body approves HDFCBank to acquire shares in Griha Pte (Positive)
*Unichem Labs:* Ipca Labs to acquire 33.38% in Unichem Labs at ₹440/share aggregating to ₹1,034.1 crore. (Positive)
*Century Textiles Q4:* Profit rises 68.8% to Rs 145 crore, registers revenue over Rs 1,200 crore (Positive)
*Nelco:* Net profit up 88.1% at Rs 5.7 cr Vs Rs 3 cr, Revenue up 14.4% at Rs 82 cr Vs Rs 71.7 cr (YoY) (Positive)
*Welspun India:* Board to consider share buyback on April 27 (Positive)
*Poonawalla:* CRISIL has upgraded Poonawalla Fincorp's ratings for long-term debt instruments and bank facilities to 'CRISIL AAA'. (Positive)
*LTTS:* LIC has increased its shareholding in LTTS from 4.988 percent to 5.008 percent. (Neutral)
*Mahindra Logistics:* Consolidated profit at ₹0.20 cr vs ₹6.28 cr, Revenue up 16.9% at ₹1,272.5 cr vs ₹1,088.5 cr (YoY) (Neutral)
*Radico Khaitan:* Company approaches CCI alleging cartelisation by large liquor companies (Neutral)
*IndusInd Bank:* Bank re-appoint Sumant Kathpalia as MD & CEO for 2 years (Neutral)
*New India Assurance:* Appoints Smita Srivastava as General Manager & Director, effective April 17 (Neutral)
*Crompton Greaves Consumer:* Appoints Promeet Ghosh as Managing Director & CEO (Neutral)
*Persistent:* Net profit at Rs 251.5 cr versus poll of Rs 270 cr, $ Revenue up 3.9% at $274.6 m Vs $264.4 m (Neutral)
*Century Textiles Q4:* Profit rises 68.8% to Rs 145 crore, registers revenue over Rs 1,200 crore (Neutral)
*Torrent Power:* Company has incorporated a WOS namely “Torrent Urja 10 Private Limited”. (Neutral)
*TTML:* Tata Teleservices has posted a net loss of Rs 277 crore for the quarter ended March. Revenue from operations during the fourth quarter rose marginally to Rs 280 crore. (Neutral)
*ICICI Pru/Bajaj Fin:* India cracks down on Bajaj Allianz, ICICI Prudential for evading taxes since 2017
*Goyal Aluminum:* Company has reported a revenue of Rs 9 crore for the fourth quarter, which is down from Rs 19.8 crore in the December quarter
*Infosys:* Company signs deal with Aramco to develop HR technology for the Saudi oil giant.. (Positive)
*Ipca Labs:* Company to acquire 33.38% in Unichem Labs at ₹440/share aggregating to ₹1,034.1 crore. (Positive)
*Mahindra Lifespaces:* Bags society redevelopment project in suburban Mumbai having revenue potential of approx ₹850 crore (Positive)
*HDFC Bank:* Singapore's regulatory body approves HDFCBank to acquire shares in Griha Pte (Positive)
*Unichem Labs:* Ipca Labs to acquire 33.38% in Unichem Labs at ₹440/share aggregating to ₹1,034.1 crore. (Positive)
*Century Textiles Q4:* Profit rises 68.8% to Rs 145 crore, registers revenue over Rs 1,200 crore (Positive)
*Nelco:* Net profit up 88.1% at Rs 5.7 cr Vs Rs 3 cr, Revenue up 14.4% at Rs 82 cr Vs Rs 71.7 cr (YoY) (Positive)
*Welspun India:* Board to consider share buyback on April 27 (Positive)
*Poonawalla:* CRISIL has upgraded Poonawalla Fincorp's ratings for long-term debt instruments and bank facilities to 'CRISIL AAA'. (Positive)
*LTTS:* LIC has increased its shareholding in LTTS from 4.988 percent to 5.008 percent. (Neutral)
*Mahindra Logistics:* Consolidated profit at ₹0.20 cr vs ₹6.28 cr, Revenue up 16.9% at ₹1,272.5 cr vs ₹1,088.5 cr (YoY) (Neutral)
*Radico Khaitan:* Company approaches CCI alleging cartelisation by large liquor companies (Neutral)
*IndusInd Bank:* Bank re-appoint Sumant Kathpalia as MD & CEO for 2 years (Neutral)
*New India Assurance:* Appoints Smita Srivastava as General Manager & Director, effective April 17 (Neutral)
*Crompton Greaves Consumer:* Appoints Promeet Ghosh as Managing Director & CEO (Neutral)
*Persistent:* Net profit at Rs 251.5 cr versus poll of Rs 270 cr, $ Revenue up 3.9% at $274.6 m Vs $264.4 m (Neutral)
*Century Textiles Q4:* Profit rises 68.8% to Rs 145 crore, registers revenue over Rs 1,200 crore (Neutral)
*Torrent Power:* Company has incorporated a WOS namely “Torrent Urja 10 Private Limited”. (Neutral)
*TTML:* Tata Teleservices has posted a net loss of Rs 277 crore for the quarter ended March. Revenue from operations during the fourth quarter rose marginally to Rs 280 crore. (Neutral)
*ICICI Pru/Bajaj Fin:* India cracks down on Bajaj Allianz, ICICI Prudential for evading taxes since 2017
*Goyal Aluminum:* Company has reported a revenue of Rs 9 crore for the fourth quarter, which is down from Rs 19.8 crore in the December quarter
What is #investment ?
#Usain #Bolt #won 8 #gold #medals in 3 #Olympics , and he only ran for less than 115 seconds on the track, #earning $119 million dollars. That’s #economy of effort.
But for those 2 #minutes , he trained for 20 years. That’s investment. Think long term. Patience pays. #alliesfin #trading #investing
🤝
#Usain #Bolt #won 8 #gold #medals in 3 #Olympics , and he only ran for less than 115 seconds on the track, #earning $119 million dollars. That’s #economy of effort.
But for those 2 #minutes , he trained for 20 years. That’s investment. Think long term. Patience pays. #alliesfin #trading #investing
🤝