Accumulate Archives

Rain industries Q4 CY18 review: Business in transition; accumulate on dips

March 1, 2019March 1, 2019 Loknath DasAccumulate, business, CY18, dips, In, industries, On, Q4, Rain, Review, Transition

Rain Industries reported a weak set of Q4 CY18 earnings. Its earnings were anticipated to be subdued due to delayed permission to import a key raw material, green petroleum coke (GPC) and a continued import ban of calcined petroleum coke CPC) used for blending key product. But what really caused the disappointment was the adverse impact of high-cost inventory. Result analysis Volume trend in product sales Key negatives High-cost inventory continues to impact profitability of most chemical products in carbon (68 percent of total sales) and advance materials (25 percent of total sales) segments.…

Accumulate Rs 1 Crore by Investing Just Rs 5,000 Monthly

March 17, 2016 Srijita1, 5000, Accumulate, by, Crore, Investing, Just, Monthly, Rs.

To many, Rs 1 crore may look like an unachievable figure but it is possible to accumulate the sum by investing just Rs 5,000 per month provided you follow these rules. Invest in growth assets By this, we mean an asset class that has the potential to deliver higher returns over long-term. Equity is one such asset class. Over long term, equity has potential to deliver over 12-15 per cent annual return whereas investments in conservative assets such as fixed income will only yield you 7-8 per cent annually. See…