Re - Rating likely, steel business is doing very well. Food Processing division is growing exponentially. Available at mouth watering valuation
Everyone is now saying that Reliance Industries (RIL) is turning into a holding company. We said exactly this six years ago, even when the market frenzy around the company was at its peak.
Look at the returns RIL has delivered over the last six years (almost nil).
It is always better to anticipate what’s coming than to deal with it after it arrives.
There’s no other way to learn navigating brutal equity market corrections.
Except by living through one.
Like the one happening in Indian small-caps over the last 2 weeks.
These days, excesses are removed fast and furious. PE de-rating happens without any prior indication. No warning. No time to react. One day you are a hero, next week your portfolio is down 15%.
But this is the nature of the game now.
You HAVE to participate in growth themes. That’s where the money will be made over the next decade. You can’t sit out in fear of corrections. If you don’t take risk in growth, you don’t compound.
But growth comes with this baggage - intermittent, sharp, brutal corrections.
Think of them as controlled forest fires. They look destructive. But they are essential. They clear the underbrush, the excesses, the leverage, the weak hands. The forest comes back greener and stronger.
The mistake most investors make is trying to escape the fire.
You can’t.
You got to hold good stocks in weak markets. You can’t sell and run away every time volatility spikes. If you sell your winners at the first sign of trouble, you will never be there when the bounce comes.
The market rewards those who stay not out on the wicket.
You can’t bat from the pavilion. You have to take the blows on the body, see off the tough spell, and stay at the crease.
Because corrections are the price of admission for returns. You can’t have one without the other.
Only those who manage to navigate such brutal falls with temperament intact will be able to enjoy the upside too when things revert. And they always revert.
Fwd
Indian markets are under high pressure. Nifty weaker, FII selling, crude boiling and rupee thrashing.
Short-term noise will pass. What restores confidence is 1991-style reform: cut compliance burden, rationalise taxes, faster factor-market reforms and policy that crowds in private investment.
Credibility not controls but supports valuations.
Its time for big bang reforms @nsitharaman @FinMinIndia
Fastest 52 wk highs to 52 wk lows
Policybazar i.e. PB Fintech would be the only stock which would have hit a 52 week high and hit a 52 week low in less than 24 hours!
Stock is down 33% today wiping entire yearly gains and erasing market capitalisation of more than Rs 30,000 crores
They might have forgot to take their own accidental insurance
Fundamental Blasters retweeted
STOCK IDEA: Him Teknoforge Ltd
270.00
Mcap 280.00
Asset value is 300 cr
Stock should be Rerating once growth starts
forging sector it’s available @cheep valuation
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