Wed, Feb 21, 2024 11:02 AM
A.K.Capital Ser Consolidated December 2023 Net Sales at Rs 131.82 crore!
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Amazon (NASDAQ: AMZN) has been one of the hottest mega-cap stocks on the market. Its shares have soared nearly 20% year to date and are up more than 70% over the last 12 months.The company revealed in its first-quarter update on Tuesday that it plans to increase capital expenditures in the coming quarters. Does this increased spending diminish Amazon's prospects?
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Anand Rathi's research report on Cholamandalam Investment and Finance. Driven by the strong, 42% y/y, NII growth, Cholamandalam Investment and Finance’s Q4 net profit rose 25% y/y to Rs10.6bn. With new businesses being more profitable and the strong collections architecture, we maintain our Buy on the stock, despite premium valuations.
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2:1 bonus shares, 1:10 stock split effect: For an intelligent stock market investor, the initial public offering (IPO) investment strategy is not much different from the stock investment strategy because investing in an IPO is like investing in a stock. One should hold the stock after share allocation for as long as possible. This enables an investor to get a compounding benefit.
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