The corporate logo of Century Textiles is that of Atlas, holding up the heavens. Shareholders would wish that it held up their share price
with some smart management. Century was a market-mover at one time, even a part of the Sensex. It came from an era when diversification was the right strategy because funds were scarce and large companies had to use existing balance sheets to expand into...
Can you be a bull by looking at the rear-view mirror?
In the previous issue, I had suggested: “If the Sensex does not go below 8,650, we will see the upmove continuing. The strength and duration will depend on whether it can go above 11,000 over the next six trading days.” We did see the market continuing to move up. After I wrote that piece, the Sensex dipped to 8,467 on 2nd December,...
Many busted myths, surprises and lessons in this year’s study of wealth creators over the past 10 years. Analysis by MoneyLIFE team
Regular readers of this magazine are familiar with our annual study of wealth creators. This is the third year of the study. We rank companies according to the value or wealth they have created for shareholders over the past 10 years. The assumption is...
