Author: JainMatrix Investments
-
Bharti Infratel IPO: Aggressive offering of Passive Infrastructure: Invest
SUMMARY Date: Dec 6th 2012 Offering: Price Range Rs 210 – 240 Issue Period: Dec 11 – 14 Retail gets an additional discount Description: Bharti Infratel runs the tower network for Airtel, and also partners for this with Vodaphone and Idea. The business is sticky in terms of customers and has stable cash flows. The…
-
Telecom: Auctions speak louder than words
The Indian Telecom sector these days is going through a couple of nerve racking events that I will call as ‘growing up pains’. News Updates 15thNov 2012: the Telecom 2G spectrum auctions closed, with 57% of spectrum unsold due to high minimum bid prices, poor industry conditions and availability of spectrum with the older players.…
-
Titan Industries – The Jewel in the Crown
—————————————————————————————————————————————— Date: November 9, 2012 CMP: Rs 294 Large Cap – Mkt Cap 26,000 crores Advice: Buy systematically Titan Industries is a power brand and runs the largest specialty retail chain in India. Following the pioneering success in watches and jewellery, it is now building the eyewear, precision components and accessories businesses. The FY12 turnover…
-
Adani Port – The Great Australian Adventure
————————————————————————————————- Date: 20-Sep-12. CMP: Rs 115 Large Cap – Market Cap 23,450 crores Firm is valued at Rs 136 (18% over CMP) Price Target is Rs 215 by Apr 2014, an 84% appreciation. Advice: …
-
Yes Bank: The Brave Warrior of Indian Banks
_____________________________________________________________ This report has been refreshed, read the latest April 2014 report Yes Bank – A Rediscovery Date: September 12, 2012 CMP: Rs 333 Its a Large Cap with Mkt Cap Rs 11,833 cr …
-
Bharti Airtel: This is a year of consolidation
_____________________________________________________________ Date: 19 August 2012 Large Cap – Mkt Cap Rs 99,115 crores CMP: Rs 261 Advice: Accumulate in FY13 through SIP Target: Mar ’14 target of 421 Summary We have seen a fall of share prices by 39% this year. There’s no doubt that Bharti Airtel has lost its status as a safe long-term…
-
Bata India has Happy Feet
————————————————————————————————————————————— Date: July 27, 2012 CMP: Rs 895 Large Cap – Market Cap 5,750 crores Advice: Buy systematically Target: 2 year target of 1258 Bata India is the largest manufacturer and marketer of footwear products in India. Riding the ‘consumption’ theme, the growth figures are impressive as FY11 sales at 1659 crores are up 15%,…
