Caution don’t go long on and passenger car sector in 2019
Caution don’t go long on and passenger car sector especially Maruti or Mahindra or Tata motors. Electric vehicles are set to disrupt the sector which will be historic. It will be like old roll film camera to digital cameras or landline to mobile. The shift will be so disruptive that distributors will not be
Embassy REIT first proposed listing in India
*Embassy REIT - First proposed listing in India*
*Launched at 20% discount to NAV, it offers 8.25% yield which will be distributed in the form of dividend and interest 50:50.
*Portfolio comprises of seven best in class office parks and four prime city-centre office buildings totalling 32.6msf as of March 31, 2018.Total market value of all completed and under-construction/proposed assets at INR340b.
*Launched at 20% discount to NAV, it offers 8.25% yield which will be distributed in the form of dividend and interest 50:50.
*Portfolio comprises of seven best in class office parks and four prime city-centre office buildings totalling 32.6msf as of March 31, 2018.Total market value of all completed and under-construction/proposed assets at INR340b.
Stock Market News March 11-17 2019
✅ An independent chartered accountant firm has confirmed that *Dewan Housing Finance Corporation* has not
created shell companies to divert funds. The Cobrapost allegations are not genuine. A big positive for
Update for investors of Electrotherm Ltd
Electrotherm for those who are recommending buy:1) Company has a negative networth of Rs.1260 crores as on 2017-18 as per Annual report2) As per segment report electric vehicle division is in continous losses and is accounting for only 1% of revenue of the
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