Mon, May 10, 2021 7:02 PM
Tata Steel wisely allocating capital: No global purchase, less debts
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📌Lemonade's revenue increased 25% year-over-year, with $119 million in revenue and $794 million in-force premium. 📌Opendoor trades at a dirt-cheap price-to-sales ratio of 0.3, with high-growth opportunities. 📌Pagaya reported 31% year-over-year revenue and network volume growth, with a top issuer of personal loan ABS in the US.
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Share India declared a total dividend of ₹12.50 per share in FY24, with a net dividend yield of around 5.50%, close to bank fixed deposit interest rates. The company's board of directors has also declared a ₹0.40 per share interim dividend for FY25, with a record date of August 2, 2024. This translates to a 20% dividend payout of the face value of Share India shares.
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Delta Air Lines and Hexcel Corporation are undervalued stocks after recent sell-offs. Delta expects 2-4% revenue growth in Q3, despite 5-6% capacity growth, indicating yield pressure. However, the airline industry may be learning to cut capacity quickly when demand exceeds supply, which could improve pricing conditions. Hexcel, a supplier to Airbus and Boeing, reduced its full-year guidance.
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