Lot seems to be changing at ICICI Bank

As per my employee contacts at ICICI Bank, lot seems to have changed since Sandeep Bakhshi took over. He is focused, detail oriented and a boring banker. Result – there is less focus on market position but more on effective growth by identifying the available market opportunities. Unit economics and credit quality has become a … Read more

Jyothy Labs is looking interesting for medium term

Company’s portfolio comprises of fabric care, home care, personal care and dish wash. It’s brand portfolio includes Ujala, Henko, Margo, Maxo and Pril amongst others. The stock has been an under performer over the last few years primarily due to the increased competitive pressures and consequent average financial performance. Sales and profits just grew at … Read more

Bombay Burmah might be a better proxy play to Britannia currently

Current Market Caps (August 23, 2021) Bombay Burmah Trading Corporation (BBTC) – Rs 8,239 cr Britannia Industries – Rs 93,841 cr BBTC’s stake in Britannia is currently worth more than Rs 40,000 crore i.e., almost 5 times of it’s total current market cap. As such, it’s not unusual for holding companies to trade at a … Read more

SBI is looking very attractive technically

Have a look at the following long term SBI chart. The stock after testing it’s long term support in March-April 2020 has recently broken out of 2015 highs. The long term pattern has all classic formations to suggest a sustained upward move for medium to long term investors. If the market corrects, the stock can … Read more

Warren Buffett didn’t mention SPACs, crypto, or meme stocks in his annual letter. Buffett scholar Lawrence Cunningham explains how the billionaire still managed to warn investors about them. | Currency News | Financial and Business News

  Warren Buffett. Bill Pugliano / Getty Warren Buffett slipped warnings to investors into his annual letter. The billionaire cautioned against promoters and story stocks, Lawrence Cunningham said. Buffett has previously emphasized the dangers of speculation. Visit the Business section of Insider for more stories. Warren Buffett slipped some valuable advice for novice investors into … Read more