Indian Equity Research and Investment Strategy
How to Get More Returns in Mutual Fund SIP with Swing Strategy ?
Max Life Insurance – Revised Deal, Positive for Max Financial
Will the Digital Neo Banking Platforms Succeed in India ?
Should you own the Life Insurance Business ?
Does HDFC AMC deserve High Valuation ? Review
Valuation of Indian Markets & Relentless FII Selling
Why Indian StockMarket Quoting at High P-E ?
Why Value Investing Does not Work in India ?
In a daring report published by Goldman Analyst has come forward and still recommnds a SELL on Reliance Power. Goldman believes financial risk has been mitigated to some extent, we think risks relating to fuel, land and offtake of output still exist for several RPWR key projects. Retain Sell with 22% potential downside, as valuations do not reflect risks for its key projects, in our view. (more…)
I found this slide in one of the presentations by Citigroup and thought will share it with you. This depicts the current state of Indian Economy. (more…)
Advance tax is an indication of corporate India’s profitability. Here is the list of Advance Tax paid by top Indian corporates as obtained from the Income tax Department exclusively released for us.
Mahindra & Mahindra Sep advance tax Rs 112 cr vs Rs 17.50 cr apr-june.
TCS July Sep advance tax Rs 220 cr vs Rs 53 cr Apr-June.
Lupin July Sep Adv Tax Rs 49.70 cr vs Rs 11.40 cr apr-June.
Bank of India July-Sep advance tax Rs 470 cr vs Rs 230 cr in Apr June
Yes Bank 58 cr vs 33 cr
SBI PAYS ADVANCE TAX OF RS.1832CR VS RS.1068CR YOY
BPCL PAYS RS.312CR VS RS.40CR YOY
CENTURY PAID 40 CR VS 14CR.
Bank of Baroda Jul-Sep advance tax 4.00-4.25 bln rupee
We have just received the final confirmation about Jindal Cotex Ltd IPO Basis of Allotment. Retail investors who applied for 180 or more shares have been allotted 90 shares on firm basis.
Retail applications for 90 shares have been allotted 90 shares in the ratio of 46:93. Here is the complete Basis of Allotment Chart of Jindal Cotex Ltd IPO Shares. (more…)
Pipavav Shipyard Ltd – PSL is setting up the country’s largest state-of-the-art private sector shipyard in Gujarat for construction and repairs of a range of vessels. The total amount to be invested in the yard stands at Rs25bn, of which Rs19.8bn has already been invested.
PSL is jointly promoted by Nikhil / Bhavesh Gandhi and Punj Lloyd Group.
Current IPO Details:
Face Value – Rs 10
Price Band – Rs 55 to Rs 60
Retail – 25,455,068 Equity Shares available for allocation
Reasons to Avoid Investing in Pipavav Shiyard IPO: (more…)
On the back of fuel pricing reform is unlikely at this stage, Glodman Sachs has come out with a bold report to SELL all the 3 Oil Marketing companies – BPCL, HPCL and Indian Oil.
The government will bear all cooking fuel losses while auto fuel losses would be shared by state-owned upstream companies and oil marketing companies and the proportion of subsidy sharing is not known.
The government has actually been bearing more subsidy than just cooking fuel losses since FY08, implying that its subsidy share will reduce going forward. It is possible that government is trying to reduce further issuance of oil bonds in order to reduce fiscal strain, in our view. (more…)
