Tag: economics
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Bharat Forge – the Forging Giant Returns
CMP: 291 Date: 12-08- 2011 Advice: Invest in SIP fashion Till 2006 Bharat Forge (BF) was primarily an auto components firm. A number of mergers and acquisitions in the 2004-07 periods saw BF also enter in several new geographies. Manufacturing is in 11 locations and 5 countries: India (4), Germany (3), China (2), Sweden…
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Sparkling Power Finance Corp FPO – May 10-13
Update on late May 12th! PFC FPO got over subscribed 3.6 times on Thursday. While the FII portion was subscribed a healthy 6.9 times, the HNI (0.01 times) and Retail (0.34 times) subscribers are waiting for the last day. This indicates a likely surge tomorrow in the latter two categories. The maximum subscription amount for…
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Future Ventures IPO note – April 2011
Update on April 29th Future Ventures has got a dull response till today. The overall subscription is 1.52 times the offer. QIB section is oversubscribed 0.26 times, HNI is (strangely) 7.8 times and Retail 0.6 times. Poor response may be not just because of poor reviews (see my IPO note below) but also concurrent investments…
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My investment rupee says Yes Bank
Yes Bank is an aggressive high potential new generation bank. The recent fall in prices by 28% makes this an attractive entry point for long term investment. There is an updated report of Yes Bank available at link The Brave Warrior of Indian Banks by JainMatrix Investments includes Q1FY13 results, news updates and FY15 projections.…
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Steep Fall in Indices – Stay calm
Here is a quick round up – of the bad news: Sensex is 17% down from November 2010 peaks. Particularly second half of Jan onwards, fall has been steep Sensex is below its 200 Day Moving Average – DMA FIIs are withdrawing funds from India. After investing $28 billion plus in 2010 they have now…
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Petronet LNG – This stock beats an FD anyday !!
This report on Petronet LNG was published in Feb 2011. An update is available at Link Petronet LNG is a gem of a stock that has given equity investors safe and high returns for the last 7 years. Description and Profile Petronet LNG is a PSU created to import, process and sell LNG in the…
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For Long term investments start a direct market SIP
This article has been updated. Click on this link to see the latest version. March 2016 – A Superior Investing Process – Do a DIP SIP Jan 2011 The market indices have fallen, and it seems like a good time to invest? But you’re not sure what to invest in? Should you choose just one…
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