Why stock prices decline when you buy and increase when you sell ?
Is there any logical explanation to this? I think there is – checkout if it makes sense.
Sector: Food and Hospitality
Nesco plans over Rs 2,000 cr investment on business expansion in 5-7 years
To foray into the hospitality segment as well as expand its existing IT space offerings and add new exhibition centres. The company, which is into real estate, exhibition centre, food and beverages (F&B) and engineering businesses, is also planning to set up a convention hall at its Nesco Centre in Goregaon in suburban Mumbai. “We … Read more
ITC’s Q1 PBT falls 33.8% to Rs 3,435.88 cr, revenues decline 17.2%
A steep decline in cigarettes and hotels revenues due to the nationwide lockdown, imposed to contain the Covid-19 pandemic, dragged diversified conglomerate, ITC’s profit before tax (PBT) 33.81 per cent to Rs 3,435.88 crore in the June quarter. Revenues from operations fell 17.21 per cent to Rs 10,478.46 crore. Profit after tax was down by … Read more
Startups help malls, eateries put safety first on reopening
Shopping in your favourite mall may feel different in the post-covid world. On reaching, you could be asked to scan a QR code on an app, verified through a one-time password, allowing the mall to track your movements. An online tracking system could also inform you to leave a particular store depending on the number … Read more
Franchisees of iconic American chains are ‘hemorrhaging’ sales, as operators of IHOP, Pizza Hut, and more file for bankruptcy
Franchisees for Pizza Hut, IHOP, and Subway have already filed for bankruptcy. McDonald’s internally warned franchisees that they may have to downsize or sell locations. “Every franchisee is a small business, and they had to close up, and they’re sucking wind,” said restaurant industry investor Roger Lipton. “They’re hemorrhaging.” Visit Business Insider’s homepage for more … Read more
Is it time to buy the Indian midcaps – Update December 31, 2019
4th note in the series… the last one for calendar year 2019 !