Month: June 2016
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How will Brexit impact Indian investors?
Date: Monday June 27th, 2016 Report Type: News Analysis What is Brexit? Brexit refers to the UK including Britain, Scotland, Wales, Ireland and Northern Ireland, exiting from the European Union. This is a significant historic event as if it goes through UK will have broken off from the European Union, and will go independent in terms…
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Mahanagar Gas – A Hot Piping IPO
Date: 20th June 2016 Issue Price range: Rs. 380 – 421 and Period: 21st-23rd June Industry – Gas Distribution Mid Cap – Rs 4,156 crores Mkt cap Advice: Buy for 2 years Summary Overview: MGL is a city gas distribution firm that has the sole distribution rights for CNG and PNG supplies in and around…
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A Repurpose for our PSUs
Thought for the day Background: The Central Public Sector Enterprises were set up with the purpose of promoting “national interest” and “public investments in large industries” – something which could not be done by the private sector. This was done way back in the 1960s and 70s. Forty years on, a lot has changed in…
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