A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Just saw Live Coverage on TV of Anil Ambani addressing his ‘Share Owners’ at the Reliance Capital AGM this morning Imagine a serious looking Gentleman presenting some very good looking Group and Company and Business Potential Statistics in a dull,monotone…that’s what I felt Anil Ambani was doing this morning Dressed in a Black Suit and even […]
There were 48 TV Crews at the Supreme Court this morning…..The Cameras were positioned to broadcast live sound bytes from the lawyers of RIL and RNRL First we had a trifle agitated, Ram Jethmalani,who represented RNRL, emerging and a hectic rush to have Mikes thrust onto him for his comments This is what Jethmalani said,rather accused ” The Supreme Court
Supreme Court : RIL v/s RNRL is Ram Jethmalani v/s Harish Salve Read More »
Mahindra Holidays and Resorts India Ltd (MHRIL) was listed on NSE today….It was issued at Rs 300 and the Issue was comfortably oversubscribed A freak trade saw a High of Rs 374.50 and a low was registered of Rs 311.35…but it closed at Rs 313,towards the Day’s Low 12.74 Million shares were traded and the
I have audited a Wadia Group Company and lived the 1980s and 1990s through the bitter rivalry between Nusli Wadia and Dhirubhai Ambani….so it was with some Interest that I read Nusli Wadia’s Article and Interview in today’s edition of the Economic Times…..Brought back some Memories He has chosen to be interviewed and communicate now after so many years..and amusingly he
Infosys declared It’s Q1 FY 10 Results this morning…….as per IFRS……..as per Indian GAAP I don’t see any headwind in Infosys…I will be surprised if it climbs more from the current Rs 1750 levels….Infact I expect it to drop below Rs 1500…..Read on to understand my thought track It has managed to show a little higher Basic EPS at
Watch out for Tomorrow ! Rains are not falling…but post budget the Sensex is…..From 15100 levels on Monday before Pranab Mukherjee began his budget speech to @ 13750 at closing today Come tomorrow,Infosys is expected to provide a cautious guidance and a Q1 EPS of under Rs 24.These Results may just be the cue for a
Watch out for Tomorrow…Infosys Results may be the cue for Sensex to correct further Read More »