Author: JainMatrix Investments
-
Hyper-Competition and its Effects
Several sectors in India are in a hyper-competition phase. Some examples are Telecom Operators, Passenger Airlines and Mobile Phone Hardware sectors. Investors need to stay away from firms in this phase. What is Hyper-competition? Let’s see some examples. Telecom: In Feb 2013, the Supreme Court cancelled 122 telecom licenses in India. By Sept 2018, 5.5…
-
Spandana Sphoorty Financial IPO – A Spunky Player
Date 06th Aug; IPO Opens 5-7th Aug at Rs. 853-856 Valuations: P/E 17.6 times TTM, P/B 2.4 times (Post IPO) Mid Cap: Rs. 5,505 cr. Mkt cap Industry – NBFC MFI Advice: SUBSCRIBE Overview: Spandana is a rural focused NBFC-MFI with a geographically diversified presence in India. It offers income generation loans under the joint…
-
Expectations and Thoughts on a New India – Post Elections Note
Date: 1st June 2019 Recent Events – Elections Last week we had an election result day and the 2019 central election came to a dramatic end. We welcome the second term of BJP and the National Democratic Alliance at the center. The 6 week long 7 phase election was an emotional, high decibel multimedia war…
-
IndiGo – Spreading Wings but Oil Squeeze
Date: 09th May 2019 Industry – Airlines CMP: Rs 1,575 Large Cap of Rs 58,000 cr. mkt cap Overview: IndiGo is the market leader in Indian aviation with a low cost carrier model. It has a dominating domestic market share of 46.9%. The revenue and profit were Rs 23,967 crores and Rs 2,242 cr. resp. for FY18.…
-
RVNL IPO – Railways’ Growth Engine
Industry – Railway Transportation PSU in PMC space Mid Cap of Rs. 4,000 crore IPO Opens 29th Mar – 03rd Apr 2019; Price range Rs. 17-19/share Valuations: P/E 6.9 times TTM; with a discount for Retail investors Advice: SUBSCRIBE for listing gains Summary Transportation Infrastructure is a crying need in India. With Airlines, Roads and…
-
Market Outlook – Jan 2019
JainMatrix Investments takes a long hard look at 2018 and then builds the 2019 Outlook. What happened in 2018 – making sense of it CY2018 was a challenging year for investors. Many global equity indices gave negative returns, see Table 1. Table 1 – Global Equity Indices (click to enlarge) The Indian markets in 2018…
-
JainMatrix Investments sends Seasons Greetings
Here’s wishing you a very happy and prosperous Diwali and year ahead !! Happy investing !! Regards, Punit Jain Founder, JainMatrix Investments, www.jainmatrix.com
JainMatrix Investments 