Veteran fund manager Sunil Singhania on Thursday said India offers a lot of opportunities for equity investing, backed by robust fundamentals. These fundamentals are being driven by 4 ‘Ds’, according to the Abakkus founder, which are amplified as Democracy, Demographics, Domestic Consumption and Digital leeway. Singhania said in the post-Covid era, the world was debating … Read more
The company delivers customised turnkey projects in the defence segment. It has partnered with some of the leading technology players around the world to indigenise advanced technologies in the defence and space sectors for the Indian market. Source link
Dalal Street legend Rakesh Jhunjhunwala died on Sunday. An established trader, renowned investor and a chartered accountant by profession, he entered the equity markets with just Rs 5,000 in 1985. On the day of his death, Jhunjhunwala’s net worth is estimated at $5.5 billion, roughly Rs 43,800 crore, making him the 36th richest person in … Read more
MUMBAI: After a brief lull between March and May due to the second wave of the Covid-19, Indian equity markets are back near their lifetime highs. The Nifty50, the Nifty Midcap 100 and Nifty Smallcap 100 indices are all at or near their all-time high levels. With the headline index trading close to 23 times … Read more
It is unfair to call a double digit growing sector expensive if it starts to trade at 18-20 PE multiples while a whole host of consumer companies growing at 5-7% and which are trading at 70-80 PE multiples are considered quality, says the Founder, Abakkus Asset Manager. Let’s start with Sunil Singhania the market timer. … Read more