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Value Investing 101: Why Did Rakesh Jhunjhunwala Invest in Titan


Revenue dropped in 2020 to $950 million in the first quarter and $480 million in the second quarter. Revenue from the domestic parks and resorts in 2019 was $4.47 billion in the first quarter, $4.21 billion in the second quarter, $4.42 billion in the third quarter and $4.27 billion by the end of the fourth quarter. Revenue increased in the first quarter of 2020 to $4.94 billion and then dropped to $4.14 billion in the second quarter.

According to the SEC filing, only stockholders owning shares at market close on June 6 were allowed to participate in the vote held on August 4, 2022, the date when the 2022 Annual Meeting of Tesla’s stockholders took place. Each shareholder as on record date will get additional shares of common stock once the stock-split becomes effective. Stock splits are popular among retail investors and help them add more stocks to their portfolio and also bring in a new set of investors. The above 2 stocks are collated just for the likely stock split action planned for them. The stock is now trading at 2014 levels on a split-adjusted basis, and remains on track for its largest yearly decline since 1974, according to CNBC.

Tesla (TSLA) Shareholders Approve 3-For-1 Stock Split – Investopedia

Tesla (TSLA) Shareholders Approve 3-For-1 Stock Split.

Posted: Thu, 04 Aug 2022 07:00:00 GMT [source]

In just a month, BSE Telecommunication Index is up over 8 per cent. We’re about to reveal the top 3 stocks from the Small-cap index that you should keep an eye on in the month of May. The Chennai Super Kings vs Rajasthan Royals TATA IPL 2023 match on JioCinema clocked the highest-ever concurrent viewership.

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And no, we are not discussing the business model or how teams make money. Instead, we will talk about the new digital destination where you can watch your favourite teams slug it out. Another Tata Group company, Tata Sky is also planning to launch its IPO to provide an exit to investors, including Disney. The satellite television business is yet to file its draft red herring prospectus with the Securities and Exchange Board of India . The product engineering and digital services company has appointed Citigroup to explore options for the public issue, as per reports. Now a value investor would definitely notice this and consider Titan to be a financially stable business and Rakesh Jhunjhunwala might have arrived at the same conclusion on observing this.

The Information Technology Index is up by 1.04 per cent in a day and down by 0.14 per cent in 1 month. About 2,179 shares had advanced, 1,314 have declined and 136 were unchanged. The BSE Auto Index is up by 0.84 per cent in 1 day and over 6 per cent in just 1 month.

  • What’s more, there seemed to be little sign of a possible recovery in the near future.
  • Revenue from theatrical distribution was at $373 million in the first quarter of 2019, $745 million in the second quarter, then jumped to $2.24 billion in the third quarter and $1.37 billion in the fourth quarter.
  • This allows them to cut and splice the viewers and target specific groups, thus getting more value from every one of them than possible before when it had to be one size fits all.
  • Shanth noted that there is a major difference in how the different platforms monetise their viewers.
  • Under this, shares of face value of Rs 2 will be broken into 2 shares of face value of Rs 1.

Watch out for these Agriculture Sector stocks that have risen over 58 per cent in just…Watch out for these Agriculture Sector stocks that have risen over 58 per cent in just… The Indian healthcare sector is growing at a brisk pace due to its strengthening coverage, services, and increasing expenditure by public as well as private players. By 2040, the real estate market will grow to Rs 65,000 crore (USD 9.30 billion) from Rs 12,000 crore (USD 1.72 billion) in 2019.

The painful selloff has erased about $200 billion from Disney’s market capitalization since March 2021. Catch all business News, market news, today’s fresh news events and breaking news Update on Live Mint. The International Cricket Council will soon invite bids for its media rights. But now, since TV and digital rights are split, there could be competition between Disney and Viacom18 for ad money and that could actually bring down the value further. If we look at media reports, we’ll see that advertisers spend as much as ₹18 lakhs for just a 10-second ad spot during the IPL. Now in a match, there is a total ad inventory of around 2,300 seconds.

Watch out for these Agriculture Sector stocks that have risen over 58 per cent in just 1 month; do you own any?

“If they go aggressively after subscription, the reach of IPL will take a hit. However, if they take the ad-supported model route then their subscription revenue will take a hit,” he added. Dasgupta also feels that IPL monetisation will be driven by advertising because Jio will focus on expanding the reach of IPL. He also stated that Viacom18 will provide a wider reach and sharper targeting options to advertisers. “Since Viacom18 is backed by Jio they can offer a lot of freebies.

Taking those long-term assets into account, the 31 March 2003 share price of Rs. 50 per share would definitely be an attractive entry point for a value investor. Nykaa, founded in 2012 by former investment banker Falguni Nayar, has a diverse portfolio of beauty, personnel care and fashion products. The company’s shares were listed on stock exchanges BSE and NSE in November last year. Humans Of Bombay has begun rolling out the stories of the heroes in Pink, on their social media platforms, with the first static post being of RR player – Riyan Parag. The post was made live for HOB’s 4.5+ million community a day prior to the match. The match took place in Guwahati, Assam, which coincidentally happened to be Riyan Parag’s hometown, and was a win for Rajasthan Royals.

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Revenue increased in 2020 to $1.85 billion in the first quarter and $1.51 billion in the second quarter. Revenue from affiliate fees was $3.08 billion in the first quarter of 2019. Revenue increased in 2020 to $3.65 billion in the first quarter and $3.75 billion in the second quarter. This is a developing story, we will keep updating as more details about Tata Group IPOs are available. Keep reading IPO Central for latest IPO news and interesting updates. During the year ended 31 March 2022, the engineering specialist was the driving force behind a sharp jump in its parent’s income from other sources.

concurrent viewership

JioCinema’s free streaming of the TATA IPL 2023 for all viewers in India has resulted in a record-breaking number of views, said the platform. It revealed that JioCinema has registered the highest-ever number for any apps installed. The Chennai Super Kings vs Royal Challengers Bangalore TATA IPL 2023 match clocked the highest-ever concurrent viewership, said JioCinema. BCCI has decided to unbundle TV broadcasting and digital rights for all bilateral series in which Team India will be playing from now on, as per a media report. Sports and Live Media Entertainment Chairman Atul Pande, who earlier served as the CEO of Ten Sports, believes that subscription revenue will be an important component of Viacom18’s strategy to monetise IPL digital rights. “Just as the IPL has maximised its media value by unbundling packages, digital broadcasters unbundle their viewers.

The entertainment titan weathered some bad publicity during Bob Chapek’s tenure as CEO. However, Bob Iger — who masterminded Disney’s acquisitions of Marvel, Pixar, and Lucasfilm — took back the company’s reins in November, sparking an uplift in its stock price and revitalizing investors’ hopes of a turnaround. The news, reported through a tweet, assisted with adding further fuel to a new meeting in Tesla’s stock. The organization is the greatest gainer on the NYSE FANG+ Index this year.

It remains to be seen how the stock price reacts once the share starts trading on a split-adjusted basis. Tesla stock price is quoting around $874.36 after the share closed 2.26% higher on August 23. TSLA shares are up by 14% and 41% over the last 1-month and 3-month periods.

Watch out for these Power Sector stocks that climbed over 108 per cent in just one month; do you own any?

As standard normal distribution definition example have expressed a high level of interest in investing in Tesla stock, the Stock Split will also make the stock more accessible to the retail shareholders. Elon Musk holds 23.5 per cent while The Vanguard Group holds 6 per cent of Tesla’s shares. BHARAT TIMES is an independent News Website bringing you comprehensive and unbiased news of the country and around the world. It offers round-the-clock coverage of the latest news covering day-to-day happenings, politics, the entertainment industry, social media, business, health, tech, and many more. The collaboration’s mission is to showcase the human side of cricket, offering intimate glimpses into the journey of Rajasthan Royals players through heartwarming anecdotes and powerful narratives.

The stock has zoomed a whopping 428 per cent since listing on BSE in July 2022. The company’s shares have nearly doubled investors’ wealth in the last one year, rising 100%. While the stock enjoys a number of positives such as reasonable debt to equity, and stock price outperformance versus the industry in the last one year, the negative is weak RoE, shows the Trendlyne data. Also, the board of the company has intimated the record date for the stock split as November 3, 2022. As per the recent quarterly results of Tesla, the total revenue of the company grew 42% YoY in Q2 to $16.9B. According to the company, year-on-year, revenue was impacted by growth in vehicle deliveries, increased average selling price, and growth in other parts of the business.

“It’s possible that the split will create challenges for media agencies and brands. Over the last few years, we have seen that Hotstar and Star Sports were selling ad spots separately. While some advertisers are common, many advertisers are unique to either medium. TV will suffer more on monetization over a 4-5 year period,” he stated.

Disney has bigger problems than Ron DeSantis – CNN

Disney has bigger problems than Ron DeSantis.

Posted: Tue, 07 Feb 2023 08:00:00 GMT [source]

Steel Exchange is a small cap Iron and steel products segment company. The company established in the field of iron and steel manufacturing is Andhra Pradesh’s largest private integrated steel plant. The company aims to grow as a quality steel product hub, increasing the customer base and clientele organizations. Inflation has surged to 40-year highs this year, spurring the Federal Reserve to hike interest rates from virtually zero in March to over 4% today, in a bid to slow the pace of price increases.

Apart from the stock split, the board has also approved amendments in the capital clause of the Memorandum of Association and Articles of Association of the company. As retail investors have expressed a high level of interest in investing in Elon Musk’s Tesla stock, the Stock Split will also make the stock more accessible to the retail shareholders. Each shareholder on the company’s record as of August 17, 2022, will get 2 additional shares of common stock for every one share held. The additional shares will be credited to the shareholder account after the close of trading on August 24, 2022. Stock split or sub-division of stocks is mulled by a listed company to make its scrip more affordable for retail investor class. Consequently as more investors can enter the scrip post the split, the investor base in the company increases.

  • But you couldn’t just walk up to them and demand some shares because they aren’t even a private limited company.
  • Do you have guts of steel or are you a victim of insomnia regarding your investments?
  • Additionally, JioCinema has registered highest ever number for any apps installed.
  • He said Disney’s board needs to be refreshed, finding „gaps in talent and experience as a group that must be addressed.” Loeb said he has identified potential directors but declined to elaborate.

And not to forget, there is the big question of whether viewer interest in the IPL has saturated. You see, during the IPL 2019 final match, Hotstar saw a peak simultaneous viewership of 18.6 million. However that fell to 8.7 million for the final of IPL 2020 and fell even further to 7.6 million when the finals of 2021 rolled around. So it’s quite debatable as to whether the IPL is really getting more popular. The Tata Company should reward its shareholders who are always loyal to Tata group.

star sports

In this blog, we will take a closer look at Titan Company Limited to figure out how value investing techniques might have helped Rakesh Jhunjhunwala identify the stock as a potential future multi-bagger. This way, you will be better placed to figure outhow you can pick undervalued stocks. On Friday, one of the top gainers on sectoral indices was BSE Telecommunication Index, up 2.44 per cent.

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