In contrast to the same period last year (Q2FY24), Bajaj Auto's Q2FY25 financial results demonstrate consistent increase across key measures. Here is a brief summary of the figures:
Q2FY25: ₹2,005 crore
Q2FY24: ₹1,836 crore
Estimates: ₹2,228 crore
Despite falling short of the estimated ₹2,228 crore, Bajaj Auto’s net profit rose by 9.2% compared to last year.
Q2FY25: ₹13,127 crore
Q2FY24: ₹10,777 crore
Estimates: ₹13,270 crore
Bajaj Auto achieved a significant 21.8% growth in revenue compared to Q2FY24, though it came slightly below the estimated ₹13,270 crore.
Q2FY25: ₹2,652 crore
Q2FY24: ₹2,133 crore
Estimates: ₹2,704 crore
EBITDA grew by 24.3% year-over-year but was marginally lower than the forecast of ₹2,704 crore.
Q2FY25: 20.2%
Q2FY24: 19.8%
Estimates: 20.4%
The EBITDA margin has shown improvement, increasing to 20.2%, close to the market estimate of 20.4%.
Overall, Bajaj Auto's financial performance in Q2FY25 demonstrates consistent growth in revenue, profitability, and margins compared to the previous year. However, it fell slightly short of analysts' estimates in all categories. This update reflects a robust performance for the company despite minor shortfalls in hitting projected targets.
Source: CNBC
Rakesh Jhunjhunwala started his trading career almost three decades ago with five thousand rupees. This was a time when the Sensex's score was only 150 points. According to the data available on NSE, Rakesh Jhunjhunwala's portfolio includes shares of 33 companies, whose current value is Rs 25,842 crore.
According to Trendline, his portfolio includes Titan, Tata Motors, Star Health and Allied Insurance Company, Metro Brands, Nazara Technology, Federal Bank, DB Realty, Tata Communications along with many more.
Below is the list of Rakesh Jhunjhunwala’s holdings as of the quarter ending.
Stock NameHoldings (%)Holding value (Rs cr.)Aptech Ltd23.38 %274.3Star Health and Allied Insurance Company Ltd17.51 %6,607.44Metro Brands Ltd14.43 %2,068.09NCC Ltd12.84 %501.72Nazara Technologies Ltd10.10 %409.4Rallis India Ltd9.81 %391.47Bilcare Ltd8.48 %13.92Agro Tech Foods Ltd8.22 %163.27Va Tech Wabag Ltd8.04 %125.23Geojit Financial Services Ltd7.55 %96.68Delta Corp Ltd7.48 %455.8Jubilant Pharmova Ltd6.76 %442.75Crisil Ltd5.48 %1,496.88Titan Company Ltd5.05 %9,718.08Jubilant Ingrevia Ltd4.72 %344.15Autoline Industries Ltd4.62 %10.43Karur Vysya Bank Ltd4.50 %154.91Fortis Healthcare Ltd4.23 %767.92Federal Bank Ltd3.65 %651.96Anant Raj Ltd3.39 %58.65Dishman Carbogen Amcis Ltd3.18 %60.88Indian Hotels Company Ltd2.12 %680.78Wockhardt Ltd2.08 %84.98D B Realty Ltd2.06 %34.8Prozone Intu Properties Ltd2.06 %7.42Canara Bank1.96 %701.45Edelweiss Financial Services Ltd1.60 %85.23National Aluminium Company Ltd1.36 %244.25Indiabulls Housing Finance Ltd1.28 %73.26Orient Cement Ltd1.22 %29.53Man Infraconstruction Ltd1.21 %41.67Tata Motors Ltd1.18 %1,629.46TV18 Broadcast Ltd1.17 %84.3Indiabulls Real Estate Ltd1.10 %38.58Tata Communications Ltd1.08 %302.82
Source: Tickertape
Take note of the fact that he is investing in India's financial, healthcare, construction, and real estate investment.
Now let’s understand why this wise decision was. As The population of India is increasing. People would seek better housing and healthcare as the level of life rose. This indicates that borrowing will rise at both the individual and business levels. All of this indicates that there will always be a demand for such stocks.
As of March 31, 2021, Rakesh Jhunjhunwala holds 37 stocks in the market. He is extremely bullish on the banking sector. He was once a bear in the Harshad Mehta days and made a lot of money by shorting stocks post the securities scam in 1992.
The portfolio of Rakesh Jhunjhunwala demonstrates that fluctuations are a natural element of business and cannot be separated from the corporate environment. If we examine his portfolio, we can observe that his holdings have changed since the previous quarter, with eight firms showing a decline in the proportion of their holdings and five companies showing an increase.
Trading is focused on price and trend rather than opinion. As a result, if you buy stocks for Rs. 100 and the price drops to Rs. 90, you may cut your losses and square off your position.
The Tata group is renowned for having very excellent corporate ethics. According to Rakesh Jhunjhunwala, one should concentrate on buying the company rather than the stock. As a result, don't focus too much on the stock's purchase price. In the overall scheme of things, it won't really matter that much. Instead, concentrate on the company you are purchasing. Paying a little bit more for a company with solid fundamentals is not harmful.
Investor Rakesh Jhunjhunwala has no qualms about funding small-cap firms. This is a result of his extraordinarily aggressive investing style. Rakesh Jhunjhunwala's portfolio contains 17.75% of stocks having a market valuation of less than Rs 10,000 crore.
Jhunjhunwala had invested in Titan in the year 2002-03 at Rs 3 per share. At this time the company's stock has increased to Rs 2,422. Jhunjhunwala's Titan portfolio has grown to Rs 11,000 crore from this stock itself. More than one-third of the shares in Big bull’s portfolio is owned by Titan.
Jhunjhunwala realized the inherent risks one has to face while investing and put procedure before success. He didn't follow another person. He disapproved of following established trade practices. We must continuously learn from our past investment mistakes as well as take the expertise of seasoned investors.
Rakesh Jhunjhunwala, a veteran investor, stock market expert, and legendary figure of Dalal Street in India, passed away on Sunday, August 14 from a cardiac arrest.
Today as we look at his journey we find that Rakesh Jhunjhunwala was the only man aside from Warren Buffet who has amassed a billion dollars through stock market investing and that too in a developing market.
Rakesh Jhunjhunwala began his stock market journey with Rs. 5,000, which, in the middle of the 1980s, was $500. He converted that amount over the course of the following 35 years to over $4 billion or Rs 30,000 crore. If you look at the compounding ratio, it has been increased in dollar terms by over 50%.
Rakesh Jhunjhunwala was born on July 5, 1960. He was a son of an income tax officer and began experimenting with stocks while still a college student. His father, who was engaged in the stock market and frequently discussed stocks with friends, was a source of inspiration to him. He also picked up his first lesson from his father, who advised him to follow the news and explained that events throughout the world affect prices. The youngster told his father that he planned to invest as he grew more and more captivated by the stock market. He chose to seek a degree in CA after his father advised him to invest his own money rather than borrow from friends and relatives.
He invested under both his own name and that of his wife, Rekha Jhunjhunwala, who is a licensed chartered accountant.
An Interesting Fact about Rakesh Jhunjhunwala was also a movie producer. Movies like "English-Vinglish," "Shamitabh," and "Ki and Ka" were produced by him. He was the chairman of Hungama Digital media entertainment Pvt Ltd.
The investor was seen as a vibrant, forward-thinking, and relentless Indian optimist who will be remembered in the investment community for his trading and investment skills, which helped many people to believe in the India narrative and provided them with many valuable insights.
The prime minister launched the primary international bullion exchange in India at the nearby Gujarat International Finance Tec-City (GIFT City).
According to this arrangement, the NSE-IFSC order matching and trading platform are going to be used for all orders on Nifty derivatives placed by members of Singapore Exchange Limited (SGX).
In addition to accelerating the financialization of gold in India, this exchange would offer effective price discovery with the assurance of ethical sourcing and quality.
Foreign investors who don't want to register and trade in India sometimes buy Nifty contracts on the Singapore Exchange. At its peak, trading on the Nifty made up the maximum amount as 10% of the revenues at the Singapore Stock Exchange. Amid worries that foreign traders may migrate their trading activities to Singapore, India's stock exchanges agreed in early 2018 to cease granting licenses for her indexes to foreign bourses starting in August 2019.
SGX pulled NSE into a legal battle once the contract was terminated. The dispute was ultimately arbitrated. After deciding to sign a connection agreement at Gift City, the exchanges opted to finish the arbitration in September 2020.
India is the second-largest consumer of gold worldwide. the most important importer of precious metals, it brought in 1,069 tonnes of gold in 2021, a rise of 430 tonnes from the year before. the state has strict regulations for gold.
Only organizations and banks that the Federal Reserve Bank of India (RBI) has approved are now allowed to import gold.
The term "bullion" refers to high purity physical sorts of gold and silver that are frequently kept as bars, ingots, or coins. Bullion is usually held by central banks as reserves or owned by institutional investors, and it's even regarded as legal money. The Bullion Spot Delivery Contract and Bullion Depository Receipt (BDR) with underlying Bullion as a Financial Product and related services as Financial Services were announced by the govt in August 2020.
Through authorized banks and organizations, the import of gold was liberalized within the 1990s. then, accredited jewelers in India were for the primary time permitted to import gold directly through IIBX. This conversation is critical in and of itself. Jewelers must be longtime trading member's clients or trade partners in order to qualify for this.
IIBX are going to be led by Ashok Gautama as MD and CEO. before taking over in February 2022, he was employed with IDBI Bank. He formerly had an edge in the State Bank of India (SBI).
This exchange will standardize the financialization of bullion in India, bring transparency to the price-setting mechanism, and work as a standard-setting tool for the bullion's quality (IFSCA).
This would make it possible for authorized jewelers to import gold directly through IIBX, which is governed by the International Financial Services Centres Authority (IFSCA).
NRIs and institutions also will be eligible to participate in the exchange after registering with the International Financial Services Centre Association.
Gold 1 kg with a purity of 995 and gold 100 g with a purity of 999 is going to be traded in the early stages with a settlement period of T+0. The exchange is additionally anticipated to increase the settlement duration to T+2 days.
The establishment of IIBX is anticipated to empower India to require its proper place in the global bullion market and provide services to the global value chain. This affirms the govt of India's commitment to giving India the ability to influence global bullion prices as a major consumer.
कीमती धातुओं के भाव में आक्रामक मौद्रिक नीति के चलते लगातार बिकवाली का दबाव बना हुआ है। पिछले सप्ताह सोने के भाव 50000 प्रति दस ग्राम के भीतर कारोबार करते नज़र आये जबकि प्रति किलो चांदी के भाव 52000 रुपये के निचले स्तरों को छू चुके है। अमेरिकी डॉलर, जो सोने के विपरीत दिशा में चलता है, में फेड प्रमुख जेरोम पॉवेल के बयान के बाद से ही तेज़ी जारी है और यह 110 के स्तरों के करीब पहुंच गया है जिससे सोने के भाव में दबाव बना हुआ है। अमेरिका से जारी होने वाली रोज़गार रिपोर्ट के आंकड़े लगातार बेहतर रहे है जिससे आर्थिक मंदी का डर कम हुआ है और इससे फेड को कठोर नीति कायम रखने में आसानी होगी। फेड श्रम से सम्बंधित आकड़ो पर कड़ी नजर रख रहा है ताकि यह पता लगाया जा सके कि नौकरी बाजार उच्च ब्याज दरों के प्रति कितनी सहनशीलता रखता है। पिछले सप्ताह जारी पैरोल के आकड़ो में नॉन फार्म एम्प्लॉयमेंट चेंज के आंकड़े अनुमान से बेहतर दर्ज किये गए जबकि बेरोज़गारी दर में बढ़ोतरी हुई है, लेकिन यह दर 4 प्रतिशत के नीचे रही जिसको फेड पूर्ण रोज़गार की स्थिति मानता है। अमेरिकी बेंचमार्क ट्रेज़री यील्ड चार साल के ऊपरी स्तरों पर पहुंच चुकी है जिससे डॉलर इंडेक्स को सपोर्ट मिला हुआ है और नॉन यील्डिंग सोने-चांदी की कीमतों में दबाव बन रहा है। ग्लोबल मैन्युफैक्चरिंग आकड़े कमजोर रहने के कारण चांदी के भाव में बिकवाली का दबाव है। इस सप्ताह गुरुवार को यूरोपियन सेंट्रल बैंक की मौद्रिक नीति कीमती धातुओं के लिए महत्वपूर्ण रहेंगी।
इस सप्ताह कीमती धातुए में मंदी रहने की सम्भवना है। अक्टूबर वायदा सोने की कीमतों में 49000 रुपये पर सपोर्ट है और 51000 रुपये पर प्रतिरोध है। दिसंबर वायदा चांदी में 51000 रुपये पर सपोर्ट और 54500 रुपये पर प्रतिरोध है।
Earnings season kicks off a few weeks after each fiscal quarter ends. It spans about a month, during which companies report their financial performance. Here’s a breakdown of the schedule:
Earnings season is when companies publicly disclose their financial performance for the previous quarter. This period is crucial for investors because it provides insights into a company’s profitability, revenue, and overall financial health. These reports help investors make informed decisions about their investments.
How to Use Earnings Information
Earnings season provides insights into various aspects of the economy:
Earnings season can give clues about how different parts of the economy are doing. Strong results from big companies can suggest a healthy economy, but it’s important to remember that the stock market and the economy don’t always move in the same direction.
Earnings season is a valuable period for investors to gain insights into company performance and market trends. By understanding key metrics, analyzing sector trends, and staying informed, you can make more strategic investment decisions. Use earnings reports to guide your investment strategy, whether that means trading stocks, investing in sectors, or making long-term decisions.
Remember, while earnings reports offer important information, they are just one part of a broader investment strategy. Always consider your overall investment goals and risk tolerance when making decisions based on earnings season insights
India was the eleventh-largest economy ten years ago, while the UK was the fifth-largest. Based on data on GDP provided by the International Monetary Fund. India surpass the UK in dollar terms annually this year, only behind the US, China, Japan, and Germany. In the final three months of 2021, India surpassed the UK to become the fifth-largest economy.
The IMF’s World Economic Outlook database shows India overtaking the U.K. in dollar terms on an annual basis this year with a GDP of $3.53 trillion compared to the U.K.’s $3.38 trillion.
According to adjusted figures and the dollar exchange rate on the last day of the relevant quarter, the Indian economy was worth $854.7 billion in nominal cash terms in the three months ending in March. The United Kingdom was $816 billion on the same basis. a country with the highest inflation rate in four decades and growing recession risk, which the Bank of England predicts might persist well into 2024.
According to reports, the UK's ranking decline is the result of the nation's rising cost of living. For the first time since 1982, the nation saw double-digit consumer price inflation last month. With the pound losing 8% versus the rupee this year, sterling has underperformed the dollar relative to the Indian currency. In the second quarter, UK GDP increased by just 1% in real terms; after accounting for inflation, it decreased by 0.1%.
Indian equities have recently had a global-beating recovery, moving their weighting into second place in the MSCI Emerging Markets Index, only behind China's.
official figures revealed that India's gross domestic product (GDP) increased 13.5% in the June 2022 quarter (Q1FY23), as opposed to the 20.1% growth recorded in the first quarter of 2021–2022. According to an official statement, "Real GDP or gross domestic product (GDP) is anticipated to hit a level of Rs 36.85 lakh crore in Q1 2022-23, as against Rs 32.46 lakh crore in Q1 2021-22, indicating a rise of 13.5 percent as opposed to 20.1 percent in Q1 2021-22."According to National Statistical Office (NSO) figures, the country's gross value added (GVA), which is GDP less net product taxes and shows supply growth, increased by 12.7% between April and June 2022.
Reduced corporate taxes, the production-linked incentive (PLI) program, and India as a potential supply chain beneficiary all helped to stimulate and maintain domestic demand, particularly for investments.
India's GDP grew by 13.5% in the first quarter of FY23. India's GDP is probably going to develop the quickest in the current fiscal year at this rate. Nirmala Sitharaman, the Union Finance Minister, has disclosed that India's Gross Domestic Product (GDP) growth will continue to grow at 7.4% in FY 2022–23 and in FY24 as well.
However, economists worry that the prospect of a global recession and rising interest rates might stifle growth in the ensuing quarters.
A variable monsoon is also expected to have an impact on rural demand and agricultural growth. Economists are also said to be concerned about the manufacturing sector's decreasing growth rate of 4.8% and the fact that imports are outpacing exports.
India is expected to benefit in the coming days as China's aspirations for fresh investments slow down.
Despite its great economic progress, the country nonetheless has its share of obstacles. According to the World Bank, access to development and new opportunities has been unequal and varies by area.
Furthermore, India is home to 25% of the world's poor. According to the UN, just 39% of its rural populations have access to sanitary facilities, and nearly half of the population still defecates in the open.
Although India overtook the UK there is a disparity in per capita income between the two countries caused by the size of India's population India has 1.3 billion inhabitants, which is three times the combined populations of the UK, France, Italy, and Brazil, vs the UK which has a population of 068 bn. Thus, our per capita GDP was $2,500 as opposed to $47,000. We still have much to go.
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