A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Akruti City is probably the most relatively expensive real estate company in India. At Current Share Price of Rs 840 and an Equity of Rs 66.70 crs (Face Value of Rs 10) the Market Capitalisation is Rs 5600 crores. At March 31, 2008 the Networth was just under Rs 800 crores and Debt was Rs […]
Achtung ! Achtung ! Akruti ! Read More »
Wasn’t Mr S A Dave the Chairman of UTI in the 1990’s when it subscribed to the controversial preferential allotment of Equity Shares of over Rs 700 crs made by Reliance Industries. It was controversial for several reasons…striking reasons were that the shares were locked in and were subscribed to at higher than market price !…clearly the Investment decision
Senior Counsel, Mahesh Jethmalani deserves to be complimented. Says he, “There’s a crisis of Character in our Country” He has taken a stand against senior counsels, R K Anand and Prosecuter I U Khan who were held guilty by the Delhi High Court for obstructing administration of justice while trying to influence an eye witness
Thumbs Up to Mahesh Jethmalani for taking a stand against other senior counsel Read More »
Am getting an uncanny feeling that Sensex will correct towards 12000 once the Beijing Olympics come to a close ! Higher Inflation figure of 12.63% for week ended August 9,2008 was released today …..the Sensex corrected nearly 3% ,by 435 points, to fall to 14244….volumes are low…sentiment and interest is unexciting. And no, it was not this bearish thought that
Fantastic ! just seconds ago our Boxer,Akhil Kumar beat the World Champion,Sergey Vodopyanov in the Round of 16 in the 54 kgs Bantamweight Bout at the Beijing Olympics The score was tied at 9 all in the four rounds of two minutes each and Akhil Kumar never lead in the bout…Judges ruled him the Winner
Boxer Akhil Kumar just won against the World Champion at the Olympics! Read More »
Check my header on the Home Page ! The Title of this Blog is also on it . This Morning was reading the Lifestyle supplement of a Morning Newspaper, which keeps on proclaiming they will never compromise on the Truth…..Came across a Page 3 ” Industrialist” describing how beautiful his Family Holiday in a Greek Island
In India,Companies may fall Sick but Promoters rarely do ! Read More »