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#Nifty #PE may not fall much.

Earlier, #Britannia replaced #HPCL, now #Nestle will replace Indiabulls.

All #high PE #FMCG stocks are replacing #traditional #business so that #artificially Nifty can hold high without representing the overall #market condition.

Over all new FMCG weightage 13% #AlliesFin
after jio mobile phone jio laptop could be on its way... #reliance #jio #laptop #alliesfin #business
Corporate lessons from political happenings in Maharashtra

1. Top Boss must be accessible to ALL: MLAs rebelled due to inaccessible CM.

2. Wrong business Alliances can break your company: SS entered into an alliance which was against the political ideology. Cultural integration became an issue, ultimately failed.

3. If unemployed, be ready to accept one level down position: Devendra Fadanvis assumed the post of Deputy CM after serving as the CM in his last stint.

4. Experience is superior to the inheritance: 2/3 of the MLAs supported Mr. Shinde who is a home grown talent of the party over the political heirs of Late Shri Balasaheb Thackeray.

5. Do not neglect your middle management: a neglected middle manager can be the future CEO of another company..

6. When the other party needs an alliance: negotiate hard- NCP and INC grabbed meaty portfolios in previous govt. They were aware about the shorter life span of the alliance.

And the last one: CEO can't be on WFH

#business #management #talent #wfh #leadership #experience #learning #marketing #motivation #india
India Daybook – Stocks in News

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Dilip Buildcon: Company gets project worth Rs 702.02 cr from Gujarat Metro Rail Corporation (Positive)

Ahluwalia Contracts: Company secures order worth Rs 110.7 crore from #Assam Government (Positive)

HDFC says NCLT asks co to hold shareholder meeting on Nov 25 for HDFC Bank merger nod (Positive)

Dairy Stocks: Amul hikes price of AmulGold & Amul Buffalo milk variants by Rs 2 in all states except Gujarat (Positive)

Zee Ent: 99.9% Zee Ent shareholders vote 'In Favour' of Zee Ent-Sony merger. (Positive)

L&T Financial Services: Got SEBI nod for 100% sale of L&T AMC & L&T MF to HSBC AMC (Positive)

NBCC India gets Rs 162 cr total #business in September (Positive)

BLS International: Ace investor Shankar Sharma acquired 11.5 lakh equity shares in the company (Positive)

Veritas: Swan Energy bought additional 8.25 lakh shares in the company at an average price of Rs 123 per share (Positive)

Adani Ent: Adani group to acquire 100 per cent stake in SIBIA Analytics and Consulting Services (Positive)

Aster DM: Signs Health Ministry’s Corporate TB Pledge For TB-Free India (Positive)

Ujjivan: Draws up scheme of merger between Ujjivan Financial and Ujjivan Small Finance (Positive)

Adani Ports: AALL’s total Silo capacity will increase to 15.25 lakh MT across India after LoA from the FCI (Positive)

Birla Corp: Allocation of Marki Barka Coal Mines, Madhya Pradesh (Positive)

Bajaj Auto: Cons net profit at Rs 1,719.4 cr Vs poll of Rs 1,535 cr (Positive)

Narayana Hrudayalaya: Company in pact to buy ENT in Cayman for $ 5 million (Positive)

Garware: Board to consider buyback along with results on October 21. (Positive)

Just Dial: Net Profit up 58.6% at ₹ 52.2 Cr Vs `32.9 cr, Revenue 31.6% at ₹ 205.3 cr Vs `156 cr (YoY) (Positive)

HFCL: HFCL alloted warrants to a promoter firm, senior co execs (Positive)

Ganesh Housing: Net Profit up 26.9% at Rs 19.3 cr Vs Rs 15.23 cr, Revenue up at Rs 327.7 cr Vs Rs 73.3 cr YoY (Positive)

Bodal Chem: Successfully completed the technology upgradation of Rajpura Unit in Punjab (Positive)

DMart: Net profit up 64.1% at Rs 685.8 cr Vs Rs 417.8 cr, Revenue up 36.6% at Rs 10,638.3 cr Vs Rs 7,788.9 cr (YoY) (Neutral)

Tata Power: The company’s information technology infrastructure had a cyber-attack (Neutral)

Torrent Pharma: Acquisition of Curatio Health Care (I) Private Limited has been completed (Neutral)

GTPL: Net profit up 4.2% at Rs 44.8 cr Vs Rs 43 cr, Revenue up 9.9% at Rs 654.9 cr Vs Rs 595.9 cr YoY (Neutral)

ICICI Pru: Value of new biz up 20.6% at Rs 621 cr Vs Rs 515 cr, APE up 1.1% at Rs 1,999 cr Vs Rs 1,977 cr (YoY) (Neutral)

HDFC Bank: Net profit at Rs 10,605.8 cr Vs poll of Rs 10,493.1 cr. Loan growth at 19% YoY. Gross NPA at Rs 18,301 cr Vs Rs 18,033.7 cr (Neutral)

L&T Info: Net profit at Rs 679.8 cr Vs poll of Rs 651 Cr. Constant currency revenue growth at 4.6% (Neutral)

ZF Steering: Net profit down 5.4% at Rs 5.4 cr Vs Rs 5.7 cr, Revenue up 51.8% at Rs 105.7 cr Vs Rs 69.7 cr YoY (Neutral)

Shriram Transport: Company denies reports of interest in acquiring IDBI Bank (Neutral)

IRB Infra: To transfer Vadodara road project to InvIT arm (Neutral)

SBI to hike MCLR by 25 bps across tenures from Oct 15 (Neutral)

Tata Elxsi: Net profit up 39.3% at Rs 174.2 cr Vs Rs 125.3 cr, Revenue up 28.2% at Rs 763.2 cr Vs Rs 595.3 cr (YoY) (Neutral)

Butterfly: Net profit down 1.3% at Rs 25.1 cr Vs Rs 25.5 cr, Revenue down 5.1% at Rs 367.8 cr Vs Rs 387.4 cr (YoY)

Kesoram: Net loss of Rs 59.1 cr Vs loss of Rs 12 cr, Revenue up 0.3% at Rs 845.3 cr Vs Rs 842.7 cr (YoY)

RIIL: Net profit down 11.4% at Rs 2.3 cr Vs Rs 2.6 cr, Revenue down 0.8% at Rs 16.6 cr Vs Rs 16.7 cr YoY
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
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