Why Adani Group actually called off FPO?
No one was interested in applying FPO at this steep price. But special supporters and friends applied after Adani seek for the help.
Stock has crashed massively even after successful FPO. So, why one would hold such Big loss. They didn't invested on their sole idea. They asked Adani to do something. Therefore, Adani group decided to cancel FPO.
However, one thing that i think Adani Group could do is to lower the FPO price and continue with the process. Heavy expenses are given to managers to do fund raising tasks like FPO.
If FPO had been lowered instead of cancellation,
~Investors would be satisfied.
~Company would also have got money to spend and pay debt.
~FPO expenses could have been utilised.
Lot of damage happened. But still received nothing after pain. Equity value has deteriorated more.
No one was interested in applying FPO at this steep price. But special supporters and friends applied after Adani seek for the help.
Stock has crashed massively even after successful FPO. So, why one would hold such Big loss. They didn't invested on their sole idea. They asked Adani to do something. Therefore, Adani group decided to cancel FPO.
However, one thing that i think Adani Group could do is to lower the FPO price and continue with the process. Heavy expenses are given to managers to do fund raising tasks like FPO.
If FPO had been lowered instead of cancellation,
~Investors would be satisfied.
~Company would also have got money to spend and pay debt.
~FPO expenses could have been utilised.
Lot of damage happened. But still received nothing after pain. Equity value has deteriorated more.
Some latest updates
✅Paytm first time Reported EBITDA (before ESOP cost) positive.
✅Government agrees to convert dues into Equity of Vodafone Idea.
✅ITC Reported Net Profit at 5,031 crore, declares dividend of ₹6 per share.
✅SBI Net Profit surges to ₹14,205 crore in Q3
✅Paytm first time Reported EBITDA (before ESOP cost) positive.
✅Government agrees to convert dues into Equity of Vodafone Idea.
✅ITC Reported Net Profit at 5,031 crore, declares dividend of ₹6 per share.
✅SBI Net Profit surges to ₹14,205 crore in Q3
Innerwear companies near 52 week lows. Uptrend has completely lost in these stocks.
Reliance Industries is heading towards its first Demerger. Company will take approval of Creditors and Shareholders on 2nd May to demerge its Finance business and list it seperately on exchanges. Investors will get 1 share of Finance business for every 1 share of Reliance Industries.
Positive News for Stock🟢
This move will help Reliance to unlock value for its shareholders. Thus, can help share to see good improvement.
Positive News for Stock🟢
This move will help Reliance to unlock value for its shareholders. Thus, can help share to see good improvement.
SEBI may soon link investors' F&O trade value with their net worth and income!
SEBI has previously asked brokers to disclose risks associated while trading in derivatives but is now considering stricter measures.
With Indian share prices near record highs, drawing increased retail investor interest, the regulator is concerned smaller players could suffer losses on derivatives if markets turn volatile, Reuters reported quoting sources.
A discussion paper, the first step toward crafting regulations, will be issued soon, the sources said.
SEBI had proposed a similar framework in 2017 but dropped the idea when brokers cited difficulties in assessing the net worth of their clients.
SEBI has previously asked brokers to disclose risks associated while trading in derivatives but is now considering stricter measures.
With Indian share prices near record highs, drawing increased retail investor interest, the regulator is concerned smaller players could suffer losses on derivatives if markets turn volatile, Reuters reported quoting sources.
A discussion paper, the first step toward crafting regulations, will be issued soon, the sources said.
SEBI had proposed a similar framework in 2017 but dropped the idea when brokers cited difficulties in assessing the net worth of their clients.
SBI, HDFC Bank and Kotak Bank
All three stocks available at good prices. Risk seems minimal. They have potential to deliver 25-40% returns in 1-2 years. Banking sector expected to remain in uptrend. It feels right time to start accumulating some shares of these banks.
All three stocks available at good prices. Risk seems minimal. They have potential to deliver 25-40% returns in 1-2 years. Banking sector expected to remain in uptrend. It feels right time to start accumulating some shares of these banks.
Today is the Birthday of Warren Buffett, legend of Stock Market. He created most of his wealth after he turned 50. Today, his age is 93. His latest wealth stands at ₹9.8 lakh crore.
Here are 7 important quotes of Warren Buffett to help you in minting money from stock market.
1) The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage."
2)Price is what you pay, value is what you get!
3)The three most important words in investing are ‘margin of safety.
4) It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
5)Never invest in a business you cannot understand.
6)"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful"
7)"Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.”
Here are 7 important quotes of Warren Buffett to help you in minting money from stock market.
1) The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage."
2)Price is what you pay, value is what you get!
3)The three most important words in investing are ‘margin of safety.
4) It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
5)Never invest in a business you cannot understand.
6)"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful"
7)"Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.”
Need to be careful in some midcaps and smallcaps. Upmove has been quite strong in recent days. Some have jumped nearly 50%. Investors frequently gets stuck at higher levels due to purchasing new shares after such rally. Few largecaps like LIC, Kotak Bank shares looking good.
Sugar Stocks
Sugar Jumps to 11-Year High as Traders Sees Shortages. Lack of rainfall is also impacting yield
UP govt likely to increase SAP for sugarcane by Rs 25/quintal for SS 23-24.
In recent days, sugar stocks have seen a good buying.
Sugar Jumps to 11-Year High as Traders Sees Shortages. Lack of rainfall is also impacting yield
UP govt likely to increase SAP for sugarcane by Rs 25/quintal for SS 23-24.
In recent days, sugar stocks have seen a good buying.