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 …
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 »
I’ve been getting a lot of calls on why there was no blog yesterday on the Sensex going up by 336 Points….The answer lies in that the Sensex is down 300 points this afternoon I’m not a Day Trader….to those who are I can only reiterate what I say on such issues at various forums that …
What Gaurav !…no Blog yesterday on the Sensex going up 336 points ? ! Read More »
Is the Pot Calling the Kettle Black !? Giridharilal Jagatramka of Gujarat NRE Coke has accused Son In Law, Ratan Lal Tamakhuwala of Gremach and Austral (Currenly IPO is Open) of misstatements in the Prospectus of Austral and misusing the Name of Gujarat NRE to promote the IPO of Austral….Main accusations are that the Capacity of …
Gremach & Austral taking Investors for a ride says Gujarat NRE Coke Read More »
Today’s Front Page of Business Standard carries detailed proof of how Several Companies connected to the Ambanis of Reliance Industries short sold 105.8 million shares of RPL in the Derivatives Segment with inside knowlege that RIL was to offload 4.01% stake in RPL and the price of RPL would crash…..Check it Out at http://www.business-standard.com/india/storypage.php?autono=330603 WINDFALLGAINS’ Entity …
Proof Of Insider Trading in RPL…Yet Blind Eye Turned by SEBI Read More »
Delay that purchase of Real Estate by a few months…Developers and Builders are on the edge…final straw would be lack lustre Festival Sales in October and November this year…post Diwali you will see a significant drop in Real Estate Prices across towns and cities…you’re already getting resales at 30% lower than Developer’s price in the …