Are You Taking Enough Risks? 1 1 "The biggest risk is not taking any risk.. In a world that's changing really quickly, the only strategy that is guaranteed to fail is not taking risks." - Mark Zuckerberg, Facebook In order to grow, we need to take risks, in businesses and in our careers, we need to walk up the hill to see what's lying ahead, we need to explore ourselves to find our true strength. Before we take the risk of shifting from Content Department to Sales Department of our organization, how do we come to know what are we really good at. Risk and return go hand in hand, you want to become rich, you must take the necessary risks. Among the two major financial asset classes, Equity and Debt, Equity is generally associated with risk and Debt with safe and steady returns. Indian investors have been playing too safe with their investments, our investments are dominated by Debt, our portfolios are largely concentrated with FD's, PPF, RD's, tradition...
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IPO note- Prince Pipes and Fittings.Ltd
Dear Sir/Madam, Prince Pipes and Fittings. Ltd is a well-known, leading manufacturer of pipes and fittings in India in terms of the number of distributors with over 30 years of industry experience. The company markets its products under two brand names: Prince Piping Systems and Trubore. The products have varied application in plumbing, irrigation, and soil, waste and rainwater management. Company Highlights The revenue from operations for Fiscals 2017, 2018 and 2019 was Rs 1,330.0 crore, Rs 1,320.5 crore and Rs 1,571.8 crore, respectively, representing a CAGR of 8.7%. The revenue from operations for the three month period ended June 30, 2019 was Rs 3,79.7 crore. The profit before tax for Fiscals 2017, 2018 and 2019 was Rs 95.9 crore, Rs 95.1 crore and Rs 111.4 crore, respectively, representing a CAGR of 7.8%. The profit before tax for the three-month period ended June 30, 2019 was Rs 33.9 crore Profit for the year for Fiscals 2017, 2018 and 2019 was Rs 74.1 crores...
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