Reliance Industries 45th AGM starts in 5 Mins!
We will keep posting the key takeaways in the thread below -
Do retweet and help us reach a wider investor audience :)
Complete Circle
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Complete Circle
@Compcircle
Reimagining Wealth Management in India 🇮🇳 📊 Data-Driven Portfolios | 🎯 Goal-Based Plans |📍PAN India | 🌐 completecirclecapital.com
- Tata Consumer has 280 Starbucks outlets across 30 cities. It has added ~40 stores in FY22 and is looking to add another 50-70 stores annually going forward. US Starbucks Count - 15600 China Starbucks count - 4500 Market Scope seems very high :) No reco.
- Bharti Airtel is entering a new FCF Generation Capability Zone Also, the mgmt. on concall said - "With the 5G Auctions concluded, we will not need to spend anything big for many years to come on the spectrum" A thread on India's 5G Launch & Bharti Airtel - Please retweet :)
- Deepak Parekh on 3 mega trends that will enable India’s march towards $10 trillion over the next decade👇 -Deepening penetration of financial markets -Digitisation -Generational shift in energy to Clean Energy and green hydrogen Source: Bloomberg
- Nifty futures contracts on Singapore Exchange (SGX) are set to start trading at the International Financial Service Centre in Gandhinagar on Friday. 5 things you need to know - 1 - This is SGX Nifty futures which we track every morning moving to India.
- RBI MPC Meeting Outcome - Policy rate hiked by 50 basis points to 5.9% - 5 out of 6 members voted for this The world has been confronted with one crisis after another
- “To Become Rich — You Must Value Saving More than Spending.” ― George Choy
- HDFC Bank Q2FY23 Review - Good results - NII – 19% growth YoY to Rs 21021 cr (Estimate - 20000 cr) - NIM of 4.1% - PPOP – 16.6% growth to Rs 17392 cr (estimate - 16700 cr) - Provisions – 3240 cr v/s 3925 cr, YoY (estimate - 2800 cr) - Credit cost of 0.87% v/s 1.3% , YoY
- Tata consumer company has 38% market share in the Salt segment, while unbranded players command 50% share. In the last 2 years, TATACONS has gained ~7% market share. Growth in Premium Salt is much higher than in the traditional Salt segment. No reco.
- HDFC Bank began with 5 clients — The Tatas, Birlas, Reliance Industries, Hero Honda Motors, and Siemens. Of course today, there is hardly any firm in India that doesn’t bank with them. No reco.
- RBI Raises repo rate by 25 basis points Repo rate at 6.5% RBI Governor: To remain Focused on the withdrawal of accommodation Further Adds - Monetary policy was confronted by unprecedented contraction of economic activity followed by a surge in global inflation #RBIMPC
- Indian Demat accounts are on a rise! From 4.1 Cr pre-Covid to now 10 cr! Over 22 lakh new accounts (highest in 4 months) were opened last month, taking the cumulative figure to 10.05 Cr demat accounts! @connectgurmeet @EnSaluja @PragyaMBhardwaj @aditya_kondawar
- TCS Q2FY23 Review - Top-down Beat Highlights - - Continued Demand Drives Strong Growth in Q2 - Results above street estimates - Quarterly Profits cross the Rs 10k crore mark for the first time - Margin expansion of 90bps QoQ - above est - Attrition at 21.5% Vs 19.7Q QoQ
- RBI MPC Meeting outcome - - Successive shocks to the Global economy take a toll - 13.3 bn $ of outflow in this FY till 03rd August - CAD to be within sustainable limits - External debt to GDP Ratio fell from 21.2% in March 2021 to 19.9% in March 2022 #rbipolicy #RBIMPC