Nifty 50 gained 3% this week and is now only ~4% away from its all time high. Good times indeed for stocks. Although, Gold and Silver didn’t do much this week but they’re already having a fantastic run since the last 18 months. USD is stronger as ever and nearing the 82 mark.
In this strong market, PSU banks had yet another fantastic week with 7.3% gains followed by Realty and IT Index.
Gujarat PSU stocks on 🔥
Gujarat government announced a proposal for three things on Tuesday (April 25), about the public sector companies owned by them:
They should pay 30% of their earnings after tax as dividends. Or 5% of net worth, whichever is higher.
If they have more than 1000 cr. in the bank, and a networth of 2000 cr. or more, they must do a buy back.
Oh, under some strange and irrelevant conditions, the companies must give bonus shares or do a stock split
Stocks today that have “Gujarat” in their name are hugely up the next day (April 26). Simply because oh, some news has come, and it sounds good.
On a weekly basis the stocks fired up like a rocketship with a belief that this policy will tremendously reward the shareholders of these PSU.
Summary of a research paper on Fact, Fiction and Factor Investing published by AQR in Jan 2023. A must-read for any investor trying to understand quantitative factor investing better. Read: Fact, Fiction and Factor Investing
As stock pickers you will accumulate battle scars. Especially in micro and smallcap stocks where the spectrum of outcomes are wider – more violent. Read: Battle Scars
Knowing how to analyze a stock is crucial to make good investment decisions. The best investors in the world use a strict and rational framework to analyze stocks. Read: How to analyze a stock
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This brand was started in 1945 by two friends – Burt X and Irv Y. They merged their individual shops and gave birth to the company “X-Y” which has now become one of the leading companies that sells this certain product. It is distinctly recognized by its logo which contains a number – signifying the number of flavours of the product it sells.
Its new logo, revealed in 2005, is hailed by many as one of the most innovative logos of all time for its clever inclusion of the above mentioned number into it.
Identify the brand “X-Y”.
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