๐ณIf you are looking for an entry-level card, IDFCโs FIRST Millennia credit card is the right choice for you.
๐ณThis is a reward points-based credit card with a decent rewards program.
May 6, 2023 โข 5 tweets โข 2 min read
A short thread on non market risk and how many stocks do you need for diversification to reduce non market risk.๐งต
what is non market risk?
Nonmarket risk is the portion of a stock's risk that is not related to the stock market's overall movementโs .
This type of risk can arise when a company's factory burns down or when a new product doesn't sell as well as expected.
May 5, 2023 โข 12 tweets โข 3 min read
Lending money to friends and family can invite unnecessary headache๐ฅต
The Do's & Donโts of lending money to friends and family ๐งตโฌ๏ธ
๐ดDonโt lend to someone you donโt trust
๐ท Ask why they need a loan
Knowing the purpose behind the loan helps you set better repayment terms. In fact, it also makes it easier for you to refuse the loan, should you find it risky.
Jan 25, 2022 โข 5 tweets โข 3 min read
PVC Pipe Industry๐งต
The Indian PVC pipes and fittings market expected to register 15% CAGR during FY22 - FY26
The domestic plastic pipes industry size at ~ Rs 340Bn
Organized players account for ~60% market share.
Source - Apollo Pipes Q3 FY22 Investor presentation ๐จโ๐ง @ishmohit1
Key features of plastic pipes against other pipes
- Lightweight
- Ease of transportation
- Longer life span
Jan 24, 2022 โข 8 tweets โข 3 min read
SBI Cards Q3 FY22 Results ๐งต
Like and Retweet for max reach ๐๐ป #sbicards#stocks @itsTarH
Robust fundamentals, strong business performance
PAT 386 Cr. A 84% Yor
New accounts 1million up 10% YOY
Net spends 55k cr up 47% YOY
Total revenue at 3140 cr up 24% YOY
ROAA at 5.0% up 179 bp YOY .
Jul 18, 2021 โข 15 tweets โข 4 min read
Bajaj Finance - how does Bajaj Finance make money on no cost EMI ? how is it a goldmine for customer acquisition and collecting insights and data on customers for bajaj finance?
Bajaj Finance is Indiaโs largest consumer durable financier and finances more than 70% of all consumer durables financed in India. BAFโs mainstay is no cost EMIs where a consumer who buys a TV, AC or a fridge is offered a 0% EMI with no/minimal processing fees. 1/
Jul 17, 2021 โข 18 tweets โข 4 min read
Laurus Labs Ltd. โ A leading research-driven pharmaceutical company. 1/
Laurus Labs was established in 2006 with an initial seed capital of Rs.60 crores by a chemist and repeat entrepreneur, Dr. Satyanarayana Chava, who has three decades of experience in the pharmaceutical industry. 2/
Jun 28, 2021 โข 16 tweets โข 4 min read
Amazon and Flipkart users must have used the pay later facility which allows you to pay for your orders after a certain time period . @IDFCFIRSTBank had partnered with a startup which focuses on SME lending called capital float . 1/
Why I like this bank ?
As everyone knows India is a huge market and there will be a explosion of discretionary spending when per capita income will grow from $2000 -$3000 And so on in future. 2/