IN RECENT times, the markets have remained choppy. We have seen a runaway rally over the last three to four years and the equity markets are currently trading at a premium. The good times, as we have been experiencing, may not last. NSE 500 companies experienced earnings deceleration in Q1 FY25, with 300 of 500 companies reporting a 6 per cent quarter-on-quarter decline in earnings while showing a 3 per cent year-on-year growth primarily due to a 21 per cent year-on-year growth in banking and financial services (BFSI) companies. “Excluding BFSI, 229 companies reported a 7 per cent year-on-year and 10 per cent quarter-on-quarter decline in earnings. In such a scenario, capital is likely to flow towards companies with better earnings growth, making stock-picking crucial, similar to the 2009-2013 period,” says Manish Bhandari, CEO and Portfolio Manager, Vallum Capital Advisors, a Securities and Exchange Board of India (SEBI) registered investment advisor (RIA). In such a scenario, what should be your mutual funds strategy? We take a look.
The Budget Driver
The budget this time, highlights three themes. And these should guide your mutual fund investment strategy going ahead.
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Denne historien er fra 24 August 2024-utgaven av BW Businessworld.
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CHANDNI NATH ISRANI, the driving force behind Ladurée's India expansion, redefines luxury in the F&B sector. With four flourishing Ladurée outlets established since 2021, Israni is making iconic French pastries and delicacies accessible to the Indian market. BW Businessworld sits down with the visionary entrepreneur to discuss her journey in building the luxury brand and her strategy for democratising gourmet experiences
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WHEN EVALUATING startup profitability, it’s crucial to break it down into two main components: unit economics and fixed costs. Unit economics refers to the profitability of delivering each singular order, which involves analysing transaction margins against costs incurred, such as delivery and payment gateway fees. This assessment helps gauge whether a business model is sustainable at a micro level.
THE HOLY GRAIL OF PROFITABILITY
Profitability for startups is elusive, often overshadowed by growth and investor expectations. Achieving profitability requires a delicate balance between revenue generation and cost management, with factors like market dynamics and competition playing significant roles
"WE ARE FOCUSED ON BUILDING A RESILIENT AND SELF-SUSTAINING SEMICONDUCTOR ECOSYSTEM"
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THE PILLAR OF A RESILIENT DIGITAL FUTURE
The rapid evolution of digital technologies has transformed the world, driving unprecedented connectivity and innovation. Yet, as the digital realm expands, so do vulnerabilities, with cyber threats emerging as critical challenges for businesses, governments and individuals
