Whales Investment Fund

17/05/2022

https://www.facebook.com/170844986298918/posts/5350415238341841/?flite=scwspnss

08/04/2022

📈 How is Adani Group Beating the Markets?

The Ambani-Adani rivalry is heating up once again as the Adani Group grows stronger. But can it overtake Reliance?Get one deeply researched business news eve...

04/04/2022

In this weekend's Stock Insights, we discuss KEI Industries Ltd., which is currently trading within its 52-week high zone, outperforming its benchmark and sectoral index.

08/03/2022

27/01/2022

https://youtu.be/OQ1cliM0b0Q

ESG is a catch-all term for investing strategies that consider a company’s environmental, social and governance factors. ESG investing is predicted to surge ...

27/01/2022

Adani Wilmar IPO opens for subscription: Can it cook up a fortune for your portfolio?
The initial public offering (IPO) of Adani Wilmar Ltd (AWL) opened for subscription on Thursday, January 27. The company will offload its shares in the price range of Rs 218-230 apiece. The Rs 3,600 crore IPO comprises fresh issue of new equity shares of face value of Re 1 each.
Investors can bid for a minimum of 65 equity shares and in multiple of 65 thereof. The issue can be subscribed till January 31, Monday.

Majority of the brokerages are positive on the issue and have suggested investors to bid for the IPO citing its reasonable valuations, growth plans for the future, robust product line, sound balance sheet and strong parentage
Marwadi Shares and Finance said that the company is going to list at a PE of 37.56 times with a market cap of Rs 29,898.6 crore whereas its peers, namely Nestle and Britannia Industries, are trading at PEs of 81.6x and 54.7x, respectively.
The company is a top player in large categories of soya oil and mustard oil, Reliance Securities said in its IPO note. It said that Adani Wilmar continues to focus on sustainability and with a professional and experienced board, it looks to grow over the years.
Given the differentiated product portfolio, leading market position and extensive distribution network, decent financials, likely margin improvement from current levels and valuation comfort compared to peers, the brokerage chose to gave Adani Wilmar IPO a 'subscribe' rating.

Adani Wilmar is a 50:50 joint venture between Gautam Adani's Adani group and Singapore-based Wilmar group. It sells cooking oils and some other products under the Fortune brand.
Angel One believes the valuations of the company are reasonable with a strong brand recall, wide distribution, better financial track record and healthy ROE. Considering all the positive factors, it suggested to subscribe to the issue.

26/01/2022

Boat, one of the largest direct-to-consumer, audio-focused electronics brands in India, is set to file a draft red herring prospectus for a Rs 2,000-crore initial public offering with the Securities and Exchange Board of India this week.

The New Delhi-based company is expected to seek a valuation of $1.5-2 billion in the IPO to be floated this year.

25/01/2022

The International Monetary Fund is downgrading its forecast for the world economy this year, citing the spread of COVID-19's omicron variant, higher energy prices, an uptick in inflation and financial strains in China. The 190-country lending agency now forecasts the global economy will expand 4.4% in 2022. That's down from an estimated 5.9% last year and from the 4.9% the IMF was forecasting for 2022 back

The IMF slashed the growth forecast for the United States - world's largest economy - to 4% from the 5.2% it predicted in October. The agency no longer expects any economic stimulus from President Joe Biden's Build Back Better social policy bill, which has stalled in Congress.

The US economy is also contending with supply-chain bottlenecks that prevent companies from filling customer orders, and from the Federal Reserve's impending move to raise interest rates to cool off the hottest year-over-year inflation in four decades.

The Chinese economy is forecast to grow 4.8% this year - down from 8.1% last year and 0.8 percentage points slower than the IMF expected in October. China's zero-tolerance approach to COVID is likely to take an economic toll as is financial stress on the country's property developers, according to the agency.