MV Electrosystems share price makes a bumper debut on Dalal Street at over 22% premium

Edward Chancellor advocates the capital cycle approach, urging investors to focus on industry supply, capital allocation and management quality instead of demand forecasts. He argues disciplined capacity, rational competition and long-term thinking can uncover overlooked opportunities and deliver superior investment returns.

BSE reported a 62% rise in Q1 profit compared to the previous year. Revenue from operations increased by 63%, underlining strong financial performance. Contributions from investment income further enhanced this success. Analysts highlighted varied target prices, affected by regulations on trading volumes. Though the stock’s short-term performance is mixed, it signals potential for significant long-term…

In itself, Maharashtra’s order to promote customer choice in buying medicines won’t help reduce bills or ensure safety. Trade margins are large and not all chemists have the right drugs safely stored. Yet, hospitals should welcome the move.