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It is visible that the operational performance has not been up to the mark and probably all the analysts and the Street would be looking at that. I do not think the stock would see any sort of positive momentum on Monday. But the concall will give us more clarity.

By purchasing equities that appear to be underpriced, value investors might bet on those companies being re-discovered by other investors and then profit from the resulting price correction. In other words, buying low and selling high is the core principle of value investing, which may sound simple but is difficult to execute.

Sula Vineyards files DRHP with Sebi for IPO

Updated at : 2022-07-16 16:35:04

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The Mumbai-based winemaker is one of the fastest-growing alcoholic beverage companies as of March 31, 2021. It has grown at a compound annual growth rate of 13.7 per cent between the financial year 2011 and 2021, according to a Technopak report, the note in the DRHP mentioned.

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The US currency got a fresh boost this week as US inflation data added to market expectations of aggressive moves by the Fed. US consumer prices rose 9.1% on the year in June, the fastest pace in 40 years, beating market expectations of 8.8% growth. US producer prices also registered a bigger than expected 11.3% growth last month.

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While Europe shunned Russian oil, the supply chain re-routed towards Asia and earlier frictions largely eased. Russian oil still finds its buyers and the earlier feared supply shortfall has not materialised. China’s muted economic activity translates into somewhat lower oil imports as confirmed by data this week, suggesting that China’s energy supplies overall, from oil, and natural gas to coal, are ample.

Vora, who handles funds worth over Rs 1 lakh crore in the private insurer, is now more bullish on the domestic consumption theme. "Goods and services both are doing quite well. There is a pent-up element to demand in a lot of things. Even shopping, services, travel and tourism and automobiles, etc, have seen some element of pent-up demand. In automobiles specifically, while there was demand, there were chip shortages and supply issues. Now, those shortages are behind us and the pent-up element is showing up," he told ET Now.

Crypto lenders boomed during the COVID-19 pandemic, drawing depositors with high interest rates and easy access to loans rarely offered by traditional banks. They lent out tokens to mostly institutional investors, making a profit from the difference.

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Vodafone Group at present holds 58.46 per cent stake in the company and Aditya Birla Group 16.53 per cent. The company had raised Rs 3,375 crore from Vodafone Group and Rs 1,125 crore from Aditya Birla Group in March. VIL has been trying to raise funds in the range of Rs 20,000-25,000 crore from external sources since the last two years but has failed to attract any investor.

The combination of factors influencing the situation for the crypto industry may appear dire. Still, we need to remind ourselves that when situations get hard, it is the time we always find a way to get through such tough times. This time in history is genuinely a fantastic moment to start over and identify products and services that might cause further trouble to the crypto-industry, especially as and when things stabilize over the next several months.

'Factor diversification' makes investing more robust

Updated at : 2022-07-16 12:25:03

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Factors are building blocks of returns and each factor tends to target a specific driver of returns. Importantly, factors are designed to be less correlated amongst themselves. Combining these factors can help diversify the risk profile of the portfolio and eventually lead to better long-term performance.

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