Prime Numbers

The high-profile television appearances of Prime Securities’ boss, N Jayakumar, give this company a high mindshare among investors and, hence, higher expectations. A few weeks ago, the company had admitted to a mark-to-market loss of Rs23 crore for liabilities on account of investment in securities and a Rs three crore loss in derivatives trading. This declaration happened only after its...

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  • Other Denials

    Gokaldas Exports denied a media report that the Blackstone group is in discussions with the company about possible delisting saying it was ‘purely speculative’ and there was ‘no such discussion in the Board’. Well, boards do not initiate discussions, they usually ratify them, so we will wait and watch.

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  • Stay the Course

    More gains may be coming                                                                           Amid tonnes of irrelevant information hurled at us by newspapers, magazines and business TV channels, I noticed a major piece of news the other day which corroborates the bullish line we have been advocating. Apparently, domestic insurance companies will pump in more money into the market in...

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