Issue of 14th Aug-20th Aug 2020
LEAD ARTICLE
Online Moneylife Magazine
How Many Stocks Should Be There – or Not There – in a Portfolio?
That’s the last thing investors think of—how many stocks should be there in a portfolio. The first thing they think of is, of course, which stock to buy. Everything else comes far lower down in importance—such as when to buy and then when to sell. The least attention is given to how many stocks should one be exposed to. When a new attractive... Read More
CROSSHAIRS
Remember the four politically powerful promoters of the Sterling Biotech group (Nitin Sandesara, Chetankumar Sandesara, Dipti Chetan Sandesara—and Hiteshkumar Patel) who have been absconding from India after running up Rs15,600+ crore of bad loans? They continue to manipulate the judicial...
MARKETS
The much-awaited results of the June quarter are upon us. As expected in most cases, the results have been disastrous. Just to give some examples of the finest Indian companies: Pidilite’s revenues fell from Rs2,017 crore in the June quarter last year to Rs878 crore (down 57%) this year,...
STOCKS
Guidelines    1. The Grader captures the first two of the three intrinsic factors that drive a stock: valuation, returns and growth. Since growth is volatile and difficult to capture through a metric, we have used only the first two factors. In place of growth, we have provided...
Moneylife Digital Team
Chemicals and pharmaceuticals is a hot business area. Companies like Divi’s Laboratories, PI Industries, Biocon, Syngene, Jubilant Life Sciences, Suven Pharma and others have created enormous value for their shareholders, almost entirely from exports. The Indian chemicals manufacturing...
Moneylife Digital Team
Dishman Carbogen Amices ltd (DCAL) used to be known as Dishman Pharma which was a global outsourcing partner for the pharmaceuticals industry offering development, scale-up and manufacturing services. In August 2006, Dishman Pharma acquired Carbogen Amcis. The merged entity was renamed DCAL...
Moneylife Digital Team
MUTUAL FUNDS
You may have heard about alpha when dealing with stocks, mutual funds (MFs) and other financial instruments. Put simply, alpha in financial lingo refers to the returns generated by a financial product in excess of its relevant benchmark index. When a stock portfolio generates 10% returns...
Clinton Fernandes
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