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 ?
An informer in the US has tipped me that Dr. Reddy’s Laboratoties Ltd generic drugs will be stocked by American retailing giant, Wal-Mart under its $4 prescription plan. My source is reliable and here is the list of drugs [PDF] that will be stocked by wal-mart. Let me know if Dr Reddy’s is really in it or not.
Tags: Invest India, DalalStreet, Pharma Stocks
The Naukri.Com IPO is finally over.
Total Issue Size : 5323851
Total Bids Received at Cut-off Price: 16110180
No. of times issue is subscribed: 54.77
Retail Individual Investors portion subscribed by 12.2133
Employyes of Info Edge India don’t have confidence in their own company and issue was UNDERSCRIBED in employee portion. Just 0.1141%
Tags: IPO India , Invest India , Dalal Street , Naukri
IL&FS has initiated coverage on Patni Computer System Ltd with a REDUCE recommendation. It is another way to SELL and Exit. ILFS in its research reported stated,
Therefore we maintain our ÂReduce rating on the stock and recommend a shift from Patni to other large players like Infosys and Satyam. Also note that the management guidance for the next quarter is 0.2% growth in revenues for QoQ and 8% sequential FALL in net profits. Patni’s problems are evident from this blog posting where one of the professors on the board of Patni is not so bullish on India. These are Patnspecificic problems only.
However, DalalStreet.Biz is not very bullish on Satyam with a one year target price of Rs495 which leaves limited upsidpotentialal on your investments and DalalStreet.Biz recommends a BUY on HCL-Technologies with a price target of Rs750 in a year.
The entire report by ILFS on Patni can be accessed here.[PDF]
A fortnight ago, we first broke the news of Reliance Capital Ltd entering brokerage services through their arm Reliance Money and not RTrade or Reliance Trade as reported by section of the press.
Reliance Capital Limited promoted Reliance Money’s brokerage structures are available with us. Reliance Money is offering a brokerage charge of 7.4 paise on every Rs 100 worth of delivery based trades, and 2 paise on non-delivery trades (a.k.a Intra Day) which rival brokers admit is the lowest in the industry so far.
Reliance Money will offer a common platform for investors to invest in all equity products, commodities, forex, IPOs, insurance and other financial products.
Retail brokerage houses fear that Reliance Money may rewrite the rules of the broking business, distorting business dynamics in the short term. This move will have a direct impact on the bottomline of speculative company like Indiabulls Financial Services Limited and India Infoline Limited.
Reliance Money is offering prepaid cards of value Rs 500, Rs 1,350 and Rs 2,500. An insider has tipped that a Kolkatta based brokerage house is coming with flat fee unlimited trades package. I will get you the details soon. Reliance has also launched a Credit Card in association with CitiBank.
For Details Contact: Jaya @ 98675- 70030. Tell her you were referred by DalalStreet.Biz WEBSITE to get an attractive offer.
Tags: Dalal Street, Invest India, IPO India, Reliance Capital
The Indian centarl Bank, RBI, just a while ago has raised the Reverse Repo Rate by 25 bps. This is likely to have a direct impact on Real Estate as well as Equity Market lending. Banks. who have been aggressive in the market are likely to be hit in the short term.
We finally notice that Indians have realized the value of vernacular localization after MSN by developing the Mumbai Stock Exchange’s website in Hindi. You can visit the website here. MSN has Kannada, Tamil and Telugu versions of their portal for Indians. When will DalalStreet.Biz go in Hindi 😉
