Who wrote this article?

CM Team, Capitalmind's research team.

What topics does this article cover?

PSU, Saturday Coffee, What we are Reading

What does the "🔆 Saturday Coffee Newsletter" section say?

Market Overview: Top Stocks & Asset Classes Good Reads: 5 good reads on investing & finance ELI 5: Gujarat PSU stocks on fire! Pop Quiz: Answer and win a cool prize!

What does the "What we are reading 📝" section say?

Summary of a research paper on Fact, Fiction and Factor Investing published by AQR in Jan 2023. A must-read for any investor trying to understand quantitative factor investing better. Read: Fact, Fiction and Factor Investing As stock pickers you will accumulate battle scars. Especially in micro and smallcap stocks where the spectrum of outcomes are wider – more violent. Read: Battle Scars Discover the true value of an emergency fund, learn effective saving strategies, and debunk common myths about how much you should really set aside for life’s unexpected events. Read: How Much to Save in Your Emergency Fund: A Comprehensive Guide Things you can learn from Howard Marks. Read: Wise Words from Howard Marks Knowing how to analyze a stock is crucial to make good investment decisions. The best investors in the world use a strict and rational framework to analyze stocks. Read: How to analyze a stock

[Newsletter] Gujarat PSU stocks zoom, Market Overview and Things we are reading!

Nifty 50 gained 3% this week and is now only ~4% away from its all time high. Good times indeed for stocks. Although, Gold and Silver didn't do much this week but they're already having a fantastic run since the last 18 months. USD is stronger as ever and nearing the 82 mark.

29 Apr 2023CM Team3 min read

Quick Facts

What is "[Newsletter] Gujarat PSU stocks zoom, Market Overview and Things we are reading!" about?: Nifty 50 gained 3% this week and is now only ~4% away from its all time high. Good times indeed for stocks. Although, Gold and Silver didn't do much this week but they're already having a fantastic run since the last 18 months. USD is stronger as ever and nearing the 82 mark.
What category is this article in?: General
Who wrote this article?: CM Team, Capitalmind's research team.
When was this article published?: Published 29 April 2023.
How long does this article take to read?: 3 min read
What topics does this article cover?: PSU, Saturday Coffee, What we are Reading
What does the "🔆 Saturday Coffee Newsletter" section say?: Market Overview: Top Stocks & Asset Classes Good Reads: 5 good reads on investing & finance ELI 5: Gujarat PSU stocks on fire! Pop Quiz: Answer and win a cool prize!
What does the "What’s up with markets? 📉📈" section say?: Nifty 50 gained 3% this week and is now only ~4% away from its all time high. Good times indeed for stocks. Although, Gold and Silver didn't do much this week but they're already having a fantastic run since the last 18 months. USD is stronger as ever and nearing the 82 mark.
What does the "Gujarat PSU stocks on 🔥" section say?: Gujarat government announced a proposal for three things on Tuesday (April 25), about the public sector companies owned by them:
What does the "What we are reading 📝" section say?: Summary of a research paper on Fact, Fiction and Factor Investing published by AQR in Jan 2023. A must-read for any investor trying to understand quantitative factor investing better. Read: Fact, Fiction and Factor Investing As stock pickers you will accumulate battle scars. Especially in micro and smallcap stocks where the spectrum of outcomes are wider – more violent. Read: Battle Scars Discover the true value of an emergency fund, learn effective saving strategies, and debunk common myths about how much you should really set aside for life’s unexpected events. Read: How Much to Save in Your Emergency Fund: A Comprehensive Guide Things you can learn from Howard Marks. Read: Wise Words from Howard Marks Knowing how to analyze a stock is crucial to make good investment decisions. The best investors in the world use a strict and rational framework to analyze stocks. Read: How to analyze a stock

Market Overview: Top Stocks & Asset Classes
Good Reads: 5 good reads on investing & finance
ELI 5: Gujarat PSU stocks on fire!
Pop Quiz: Answer and win a cool prize!

What’s up with markets? 📉📈

Nifty 50 gained 3% this week and is now only ~4% away from its all time high. Good times indeed for stocks. Although, Gold and Silver didn’t do much this week but they’re already having a fantastic run since the last 18 months. USD is stronger as ever and nearing the 82 mark.

In this strong market, PSU banks had yet another fantastic week with 7.3% gains followed by Realty and IT Index.

Gujarat PSU stocks on 🔥

Gujarat government announced a proposal for three things on Tuesday (April 25), about the public sector companies owned by them:

They should pay 30% of their earnings after tax as dividends. Or 5% of net worth, whichever is higher.
If they have more than 1000 cr. in the bank, and a networth of 2000 cr. or more, they must do a buy back.
Oh, under some strange and irrelevant conditions, the companies must give bonus shares or do a stock split

Stocks today that have “Gujarat” in their name are hugely up the next day (April 26). Simply because oh, some news has come, and it sounds good.

On a weekly basis the stocks fired up like a rocketship with a belief that this policy will tremendously reward the shareholders of these PSU.

But, will it?

Read: Will forcing PSUs to pay dividends make them more valuable?

What we are reading 📝

Summary of a research paper on Fact, Fiction and Factor Investing published by AQR in Jan 2023. A must-read for any investor trying to understand quantitative factor investing better. Read: Fact, Fiction and Factor Investing
As stock pickers you will accumulate battle scars. Especially in micro and smallcap stocks where the spectrum of outcomes are wider – more violent. Read: Battle Scars
Discover the true value of an emergency fund, learn effective saving strategies, and debunk common myths about how much you should really set aside for life’s unexpected events. Read: How Much to Save in Your Emergency Fund: A Comprehensive Guide
Things you can learn from Howard Marks. Read: Wise Words from Howard Marks
Knowing how to analyze a stock is crucial to make good investment decisions. The best investors in the world use a strict and rational framework to analyze stocks. Read: How to analyze a stock

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Its new logo, revealed in 2005, is hailed by many as one of the most innovative logos of all time for its clever inclusion of the above mentioned number into it.

Identify the brand “X-Y”.

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