Month: March 2017
-
CPSE ETF FFO 2 – An Energizing Offer – BUY
FFO Applications: 15-17th Mar; Listing by 7th Apr ETF has 10 PSUs; Oil and Gas heavy Raising amount: Rs. 2,500 cr. Managed by Reliance Nippon Life Asset Management Central PSEs, Exchange Traded Fund, Further Fund Offer 2 Buy with a 1 year perspective Overview: The Scheme is a further follow on issue (FFO 2) after…
-
Investment Notes – Euphoria
Three positive events have occurred. Demonetization is over; the Feb 2017 budget was good, and the 5 state elections threw up BJP as a likely winner in 4. At this point, we are overwhelmingly positive on the investment outlook. Investment Notes It was 18th Feb 2015. The Sensex had just closed at 29,320. It had…
-
Avenue Supermarts IPO: The Mart of Choice
Date 7th Mar 2017, IPO Open 8-10th Mar at Rs. 295-299 P/E 39.9 times TTM Large Cap: Rs 18,660 crore Mkt cap Industry – Retail Advice: Investors can BUY with a 2 year perspective Overview: D-Mart is an emerging national supermarket chain, with a focus on value retailing. Total income for FY16 was Rs 8,606…
-
Bharat Electronics – Post OFS Note
1st Mar 2017, CMP: Rs 1,518 Large Cap – Mkt Cap 33,900 crores OFS Retail Cut off Price: Rs 1,557/share plus a 5% discount Advice: Buy now from the secondary market at CMP Here is a post Offer for Sale (OFS) note on Bharat Electronics Ltd (BEL). About the OFS Offer OFS Application dates were…
JainMatrix Investments 