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Nov 8, 2022 • 9 tweets • 4 min read
Emergency Fund🐖
Why is it needed❓
How much is needed❓
Where to park it❓
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👉The company's Q2FY23 performance has reaffirmed that they have turned even mightier after the pandemic.
👉Over the past 15 years, it has grown its loan book at a compounded annual growth rate (CAGR) of 37% and profit at a CAGR of 51%, with an average ROE of 17%.
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Oct 26, 2022 • 5 tweets • 5 min read
What's PEG ratio?
When to use it?
What does it tell?
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🔸News headlines are rarely helpful for investors. Most are just junk flowing through. Even today, there is no shortage of headlines which are just up-to-date version of the past headlines.
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👉SEBI seems to be regretting some of the IPOs it approved last year, after they have eroded investments away. They include Paytm, Policy bazaar & even Zomato.
👉Now, SEBI is paying closer attention to how valuations are decided.
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Government had decided to continue with high pricing of the spectrum by auctions. 4 companies which bid for spectrum have committed to Rs 1.5 lakh crores for the spectrum they acquired.
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Oct 11, 2022 • 4 tweets • 2 min read
Adani group is in advanced talks to buy the cement assets of cash-strapped Jaypee group. The deal is expected to be valued around 3.3k - 4.1k Cr.
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Jaiprakash Associates has approved divestment of its cement business. The Jaypee group currently has an installed cement capacity of 10.55 mtpa. Ultratech leads to cement sector with an installed capacity of 119.95 mtpa.