Don't go by government or CMIE data. The reality on ground is many are simply wanting a meaningful job and decent income to survive. Forget becoming wealthy. Providing decent employment and income is the challenge of this decade.
@bhavikardeshana @varinder_bansal The fundamentals of Dwarikesh has also changed.
The capex had been announced long back, they had tripled their Ethanol capacity, only that stock last 1 month mein chal gaya hai.
Commodity Corner | #CrudeOil prices continue to surge higher as 40% of US Gulf output is still offline. #BofA Global Research says that crude oil prices can hit $100 in the next 6 months. @Manisha3005 tells us all about crude oil on #CommodityCorner today.
EBIDTA margin expansion story seems to be over for all CGDs. Now its either maintenance or contraction going forward, as gas is getting expensive. Back to volume growth only.
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For June’21 Qtr Tata Steel EBITDA at Rs160bn is Second Highest for whole of Corporate India after Reliance Ind ! And it is higher than TCS Q1 EBITDA by ~25%
Agreed its driven by great cycle but low-cost & integrated large asset base is also key !
@TataSteelLtd@SteelMinIndia
"Speculation requires a personality trait that is okay with taking defeat. This does not come naturally to many people. Hence one should be very careful." ~ Rakesh Jhunjhunwala
#trading#Mindset#equities
Learn about the STEEL SECTOR in this thread
The demand for steel is generally only 1.2 times the GDP & there is no significant growth in our GDP but still the sector has rallied relentlessly, lets try & understand
Do ‘re-tweet’ & help us educate more investors (1/22)
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