Month: September 2016
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ICICI Pru Life IPO: An Expensive BUY
Date: 19th Sept 2016. IPO Period: 19-21st Sept IPO Price range: Rs. 300-334 Large Cap: Rs 47,940 crore Mkt cap Industry – Insurance Advice: Investors may BUY with a 3 year perspective Summary Overview: IPRU is the largest private sector life insurer in India. IPRU offers a good range of life insurance, health insurance and pension…
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GNA AXLES Ltd IPO – The Globe Beckons
Date: 12th Sept 2016 and IPO Period: 14-16th Sept IPO Price range: Rs. 205-207 Small Cap: Rs 444 crore Market cap Industry –Auto ancillary Advice: Investors may BUY with a 2 year perspective. Summary Overview: GNAX is the leader domestically in Rear Axle mfg., supplying to tractors in India and commercial vehicles in exports. GNAX…
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LT Tech Services IPO – The Make in India Firm
Date: 11th Sept 2016 IPO Period: 12-15th Sept and Price range: Rs. 850-860 Mid Cap: Rs 8,700 crore Mkt cap Industry – Engineering R&D services Advice: Investors may BUY with a 2 year perspective. Summary Overview: LTTS is a global pure-play engineering R&D services firm, a part of L&T group. LTTS had revenues and profits…
