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Sectors in Focus

Major Corporate Developments This Week

1. Texmaco Rail & Engineering: Maha-Metro Awards Rs 446.1 million Order, Central Railway Awards Rs 339 million Order
2. Concor: Company Signs MOU with Jawaharlal Nehru Port Authority to Develop and Manage Common Rail Handling Operations at Upcoming Vadhvan Port with Rs 500 Crore Investment.
3. Craftsman Automation: Company Expands Capacity with New Rs 280 Cr Plant in Chennai
4. Bharat Petroleum Corporation (BPCL): BPCL and Oil India (OIL) signed a non-binding agreement on Tuesday to develop a refinery and a petrochemical complex at an investment of Rs 1 lakh crore in Andhra Pradesh. BPCL also signed agreements with Numaligarh Refinery (NRL) and Oil India on a Rs 3,500-crore cross-country pipeline, and with Fertilisers and Chemicals Travancore (FACT) to market organic fertilisers from its Kochi biogas plant.
5. Seamec: The company has entered into a Memorandum of Understanding with the Directorate General of Shipping for making investment of ~Rs. 1,000 crore in its line of business in a progressive manner in future.
6. ARISINFRA: Company Partners With Transcon Group and Amogaya Projects to Unlock Over Rs 12,000 Crore in Real Estate Value
7. Ducon Infratechnologies: Company Launches Ai Platform IQ Energy Ai to Optimize Power Generation amid Rising Demand from Data Centers
8. Syrma SGS Technology: Company Approval Received for Incentive Package under Electronic Components Manufacturing Scheme; Cumulative Investment of Rs 765 Cr for PCB Manufacturing over Six Years
9. Dilip Buildcon: Company declared L1 bidder for 4 laning project in Tamil Nadu; order worth ₹879.30 cr.
10. IOL Chemicals: EDQM issued CEP certificate for 'Sitagliptin Phosphate Monohydrate' API product on Oct 27, 2025.
11. Sai Life Sciences: Company Announces Groundbreaking of New CMC Process R&D Center in Hyderabad; Facility to Double Process R&D Capacity; Operational By September 2026; Investment Part of Planned Capital Expenditure.
12. Dredging Corporation of India: The company entered into 22 MoUs with 16 organisations worth ₹17,645 crore during India Maritime Week 2025. Partners include major ports and industry leaders for dredging requirements and modernization initiatives.
13. Zen Technologies: The company received two orders for upgradation of anti-drone systems worth ₹2.89 billion.
14. NCC: The company received a major order worth ₹6,828.94 crore and four additional orders totaling ₹710 crore in October 2025. The orders include ₹590.9 crore for the Buildings Division and ₹119.1 crore for the Transportation Division.

TechnoFunda Investing Quote from Legends -

Seth Klarman's quote emphasizes the importance of viewing stocks as ownership stakes in real businesses, rather than merely as price fluctuations on a chart. When investors focus on the underlying business—its operations, financial health, competitive position, and long-term prospects—rather than short-term market volatility, they can make more rational, informed decisions. This perspective helps to anchor investments in fundamentals, fostering patience and discipline, instead of being swayed by market noise. By treating stocks as fractional ownership in companies, investors align their approach with business evaluation rather than speculative trading.

The Compounding Life Newsletter - by Vivek Mashrani

The TechnoFunda Circle

📚 Book I'm Reading This Week Unknown Market Wizards Unknown Market Wizards by Jack D. Schwager is a compelling addition to the renowned Market Wizards series, exploring the untold stories of extraordinary traders who have achieved remarkable success while flying under the radar. Unlike high-profile investors, these traders operate outside the spotlight, demonstrating how discipline, adaptability, and a unique edge can lead to exceptional performance in the financial markets. Through in-depth interviews, Schwager delves into their strategies, mindsets, and journeys, offering invaluable lessons for traders and investors alike. The book underscores the idea that market mastery is not limited to Wall Street elites but is attainable for those willing to dedicate themselves to the craft. List of All Books I have Shared →

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Learn technical as well as fundamental concept in a simple way

Loss Aversion in Behavioral Finance – Why We Fear Losing More Than We Love Winning

In the world of investing, the fear of losing money often outweighs the excitement of making a profit. This phenomenon is called Loss Aversion, a cornerstone concept in behavioral finance. Let’s explore how loss aversion impacts decision-making and how investors can overcome this bias to make better financial choices.

What is Loss Aversion?

Loss aversion is the idea that people feel the pain of losses more intensely than the pleasure of equivalent gains. For example:

• Losing ₹1,000 feels significantly worse than the joy of gaining ₹1,000.

This psychological bias often leads to irrational decisions, such as holding onto losing investments for too long or avoiding risk altogether, even when the potential rewards outweigh the risks.

How Loss Aversion Manifests in Investing

1. Holding Onto Losing Stocks

Investors may refuse to sell underperforming stocks because selling would “lock in” the loss. Instead, they hold on, hoping for a rebound, even when fundamentals suggest otherwise.

2. Selling Winners Too Soon

To avoid the risk of losing gains, investors often sell profitable positions too early, missing out on the full potential of the rally.

3. Avoiding Risk

Loss-averse investors may shy away from promising opportunities because the fear of potential loss overshadows the possibility of gain, leading to overly conservative portfolios.

A Real-Life Example: The Pain of Holding a Losing Stock

Imagine you purchased shares of a company for ₹1,000 each. Over time, the stock price drops to ₹700. Despite clear signs that the company’s fundamentals are deteriorating, you refuse to sell. Why? Because selling means admitting defeat and accepting the ₹300 loss per share.

Meanwhile, a new investment opportunity arises—one with strong potential for growth—but your capital is tied up in the losing stock. The result? You not only endure the loss but also miss the chance to recover by reallocating to a better investment.

The Science Behind Loss Aversion

Loss aversion is rooted in evolutionary psychology. For our ancestors, avoiding losses—like losing food or shelter—was critical for survival. This survival instinct persists today, even though financial losses don’t pose a threat to life.

In his groundbreaking research, Nobel laureate Daniel Kahneman demonstrated that losses are psychologically twice as impactful as gains. This disproportionate response explains why investors often act irrationally when faced with potential losses.

How to Overcome Loss Aversion in Investing

1. Set Clear Rules

• Use stop-loss orders to limit potential losses and avoid emotional decision-making.

2. Focus on Long-Term Goals

• Instead of fixating on short-term fluctuations, align your decisions with your long-term financial objectives.

3. Reframe Your Perspective

• View losses as part of the learning process. Every investor experiences them—it’s how you respond that matters.

4. Diversify Your Portfolio

• Spread investments across asset classes to reduce the impact of any single loss.

5. Seek Objective Advice

• Consulting with a financial advisor or using systematic investment strategies can help mitigate emotional biases.

Conclusion: Master Your Emotions, Master Your Investments

Loss aversion is a powerful force, but understanding its impact can help you make better financial decisions. By recognizing this bias and implementing strategies to counteract it, you can invest with greater confidence and clarity.

Remember, successful investing isn’t about avoiding losses entirely—it’s about managing them wisely while capitalizing on opportunities for growth. Embrace the process, and don’t let the fear of losing overshadow the potential for winning.

🚀 My Content For This Week 🎬 YouTube: Technofunda Investment Themes 2025 | Muhurat Stocks​ ​ 📋 Twitter: Vivek Mashrani, CFA @MashraniVivek Top 5 Sectors to Watch This Diwali! ✨ From Consumption to Auto Ancillary, these sectors are showing strong Technofunda trends, both technically and fundamentally. 📈 This Diwali, let your portfolio shine brighter than the diya's. 🪔 💬 Comment REPORT to get your special 4:55 PM • Oct 19, 2025 20 Retweets 151 Likes Read 124 replies ​ 📷 Instagram: T​op investing theme 2026​​ 🔗 Linkedin: How to track premiumization wave ​

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Keep Compounding...

Vivek Mashrani, CFA Founder, TechnoFunda Investing

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