Thank you, Honโble Prime Minister, for your appreciation of PSU Banks. The employees and officers in public sector banks are dedicatedly serving the citizens of this country 24/7, despite facing staff shortages and numerous workplace challenges. The employee-to-customer ratio in private banks is significantly higher compared to public sector banks.
To secure better working conditions for public sector bankers, an agreement was reached between the IBA and Banking Unions and Associations on 8th March 2024 to introduce a โ5-day work weekโ in banks. We kindly request your esteemed office to intervene and officially declare a โ5-day work weekโ for the banking sector. This will help reduce stress and fatigue thereby improving the productivity of bank employees and enabling them to serve the fellow citizens with renewed enthusiasm.
@KhapreVishal Okay, we know company has done well in last five years?
Why you expect it to keep doing same?
I know which company you are talking about what do you think paying a pe of 32 is justified?
@PRSundar64 55 crore inventory 700 crore sale in 1 year !!
Eastern Logica Limited
Not able to make any sense of this.
Company has taken many loans on personal guarantee of promoters good sign, too many tax disputes bad sign.
Related party transactions too murky, to make any sense of๐๐๐
@contrarianEPS Future is not going to be like past. If markets go into doldrums again small cap portfolios are gonna to hit very badly.
New opportunities will emerge to pick small caps at good valuations for next bull run.
Now it's time to accumulate cash and sit on sidelines.
@contrarianEPS Future is not going to be like past. If markets go into doldrums again small cap portfolios are gonna to hit very badly.
New opportunities will emerge to pick small caps at good valuations for next bull run.
Now it's time to accumulate cash and sit on sidelines.
B737 MAX grounded in Mar 2019.
Spicejet had ordered some 121 these planes and received 21.Grounding B737 ~ spicejet can't earn anything on these B737s.
So spice jet just filed a claim against Boeing and recognized 1200 cr income out of air without any award, judgement ๐ค๐.
If prevalent fear of market is missing out then you need to have too much value comfort in order to make.
Otherwise sit on sidelines and wait for good opportunity to emerge.
Current market situation fear is FOMO so be very careful and considerate.
Decline in stocks is not a surprising event. It recurs. If you live in cold climate, you expect freezing temperatures and when it drops below zero you don't think of this as the next ice age. You know summer will be warm again. Stocks do the same. Peter Lynch*