Weekly Fin-Fun Newsletter #107
Save 46800 in Taxes, Markets,Stock & CE of Week, Securing Trading Profits, Investing with Charlie Munger & Mohnish Pabrai, Beating Cancer - Nithin Kamath and Seema Patil , PPFAS, Could 26/11 be avoid
NSE chief Ashish Chauhan expects Market Cap to hit 50 trillion $ by 2047 basis his talk at CII - we are currently at USD 4 trn $
#ELSS #TaxSaving
Here are 6 major reasons why you must invest in ELSS.
Markets this Week
Equity continues its upward rally, Gold, Bonds and Crude all down.
Nifty gave nearly 700 points last week, Longs only above 21100
Breadth has cooled down to 58 levels
Stock of the Week
Alok Inds - CMP 23 - Stops 18
Alok Industries is a textile company with a presence in the cotton and polyester segments. The Company is engaged in manufacturing of textile, including mending and packing activities; leather and other apparel products.
KEY POINTS
History[1] Incorporated in 1986, Alok Industries is one of the leading textile industries that manufactures world-class garments. They also had in the retail market sector in the name of ‘H&A’ stores in India and ‘Store Twenty One’ in the UK. It had approximately 500+ stores in both the UK and India put together.
Company has a negative Cash Conversion Days of -29.37
DII have increased their stakes by 0.02% in the latest quarter (0.36% to 0.38%)
Free Cash Flow yield is 4.87%
Stock has given a return of 48.41% in last 52 Weeks
Promoters + FIIs + DIIs hold 77.49% in the company
Retail/Public have reduced their stakes by 0.02% in the latest quarter (22.52% to 22.5%)
3 Years Sales CAGR is 27.73%
CE of the Week
Axis Bank 1140 CE CMP 22, stops 16 levels
We wanted to bring to your attention that the charts provided in the attached document or presentation are intended solely for educational purposes. They are not intended to serve as or be construed as financial advice.
The information presented in these charts is meant to enhance understanding and provide educational insights into market trends, patterns, and analysis. However, it is crucial to note that the interpretation and application of this information to actual financial decisions should be done with careful consideration and consultation with a qualified financial professional.
Mumbai of the week
Interesting Reads and Tweets
Every time you make profits in Trading and don't want to give it back to market, do explore this 5k lumpsum basket to secure your profits (Returns shown are CAGR)
Alpha Ideas 20 20 Meet - Thanks Nitin Rao
