Month: October 2016
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PNB Housing Finance IPO: A Transformed Lender
Date: 25th Oct 2016; IPO Period: 25-27th Oct IPO Price: Rs. 750-775; P/E 39.2 and P/B 2.45 times Mid Cap: Rs 12,800 crore Mkt cap Industry – Housing Finance NBFC Advice: Investors may BUY with a 1 year perspective Summary Overview: PHF is the 5th largest housing finance company by loan portfolio. Over 5 years, PHF…
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Balmer Lawrie – Is Traveling Fast Now
Date: 17th Oct 2016 CMP: Rs 677 Industry: PSU, diversified Small Cap with Mkt Cap 1980 crores Advice: BUY with a target price of Rs 1057 by Mar 2019, a 56% upside Overview: Balmer Lawrie & Co is a diversified PSU firm into Travel and Tourism, logistics, Industrial packaging, greases, lubricants and Leather chemicals. In…
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Endurance Technologies (IPO) – the Firm has Stamina
Date: 04th Oct 2016 IPO Period: 5th-7th October, IPO Price range: Rs. 467-472 Sector: Auto Components MidCap: Rs 6,639 cr. Mkt cap Advice: Investors may BUY with a 1 year perspective. Summary Overview: ETech is the largest 2 and 3-wheeler auto component manufacturer in India, with 25 plants across India, Italy and Germany. ETech had…
JainMatrix Investments 