Learning Bit By Bit

Besides the normal sector risk, Magnum IT also carries a significant liquidity risk. Yet, aggressive investors would not mind had it delivered impressively. Unfortunately, that has not been the case. The timing of Magnum IT’s launch was perfect — July 1999. For the December quarter that year, it delivered a stupendous 106 per cent. After that its performan

This article was originally published on June 20, 2008.