Sovit Manjani, CEO and Chartered Market Technician (CMT) at http://www.systematicalpha.in, turned to Vipassana meditation after facing a challenging 45-session loss period in his long-only model from January 2018 to mid-2020. The multi-cap systematic trading model by Manjani focused on small and mid-caps, leading to difficulties due to prevalent issues in YES Bank, DHFL, ASM, Jet Airways, Infibeam, and ADAG Group stocks. He maintained his patience by following position sizing rules, his understanding of impermanence or annica, and staying committed to his approach while keeping himself resilient through Vipassana meditation.
CEAT Q3 Results: Net profit falls 46% to Rs 97 crore on high raw materials cost
CEAT Ltd’s Q3 consolidated net profit fell by 46.48% to Rs 97.03 crore due to high raw material costs. Revenue grew to Rs 3,299.9 crore,