Discover and read the best of Twitter Threads about #Idfc

Most recents (9)

14 Charts of confirmed multi-years breakout stocks for learning.

Best way to trade breakout to buy near retest or buy if RR is favourable. So please do not rush to buy and wait for your level.

@Rishikesh_ADX
@ash_lodha
@Equity4Life_
@ankkit8
@jitu_stock

1) #JINDALSAW Image
Read 15 tweets
A new Financial Year is starting and I will set some new FY Resolutions. I covert them into ACRONYMS so that it’s easy to remember. If you like the concept, feel free to use it 🙏

#Resolution #FY24 time .

What were my resolutions last year ?👇🏻

#Journaling
FY23 Resolution was coined as IDFC 😀

#IDFC #Resolutions #FY23

Now in FY24 I am extending that Resolution, no points for guessing what’s the ACRONYM, yes it’s FIRST 😎

So what’s FIRST for FY24 ? 👇🏻

#Resolutions #FY24
#FIRST

F : FIX your PFC*💰
I : INVERT, Always Invert ‼️
R : Return Of Investment > RETURN on Investment 🍀
S: You can’t do the SAME things others do and expect to outperform. 🤡
T: Timing, Not me . TIME in the Market🎯
*PFC stands for Prepare for Crash (read 20%)

#FY24
Read 4 tweets
#Idfc first bank is something else entirely.
They reduced savings account rate to 4% around April 30 & yet the casa money continues to flow! Understandably some of it would have converted to TD (not given in current press release) but while several large banks casa has contracted
Idfc first casa has grown. Even average casa ratio has grown.

Look at hdfc bank casa as an example.
Disc: this is not a buy or sell reco, I am biased and invested
Read 4 tweets
#ICICIBank to raise capital;Last time it raised capital was 20000Cr,in 2007

Capital Raising in 2020👇

#SBI to raise 20000Cr
#BoB,13500Cr
#AxisBank,15000Cr
L&T Finance,2000Cr
#HdfcLtd to raise 14000Cr

#KotakMahindraBank has already raised 7442.5Cr,#IDFC,2000Cr&JM Finance,770Cr
#IndianBanks are expected to raise between $20-$50bn in 2020

#Fitch says,Indian banks need about $20bn,with PSBs alone needing $13bn

Capital raising by Banks is hence great news,as it will boost #CAR& bring down rising credit cost from bad loans,in aftermath of #COVID

#Banks
Various measures by @narendramodi govt in last 6yrs have empowered Indian Banking

14000Cr to be raised by #HdfcLtd for example,will be for inorganic growth opportunities

#HdfcBank for June qtr,saw 21% growth in advances,25% in deposits,with #Casa@ 40%

Banks,looking healthier💪
Read 8 tweets
#TweetStorm - Expensive or deserves to be Expensive ? 1)One thumb rule for screening expensive companies is Market Cap to Sales or Enterprise Value to Sales. A 10x or more is generally expensive unless the company can grow sales rapidly or has extremely high Net Profit Margins.
2)Another way to look at expensive is if the Market Cap is equal to the Total Sales of the Addressable Market Size. This would lead to company having to launch different products in the future.
3)May not be the approach to take a Sell Decision or a Short Sell Decision. Very few companies can command such high valuations. Thumb Rule is just to review the investment thesis and the quality of the business. If doubts on quality , get out.
Read 9 tweets
#IDFC Watch for reversal in faster time abv 138. Pre-emptive near 129-130. @JainSumeetS @entrepreneur987 @purohitjay Image
@JainSumeetS @entrepreneur987 @purohitjay Faster time retracement reversal done today. Pattern Target 151/157.
@JainSumeetS @entrepreneur987 @purohitjay @dipeshdagha Both Targets of the pattern done today(151 / 157). #IDFC Image
Read 3 tweets

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