Tag: economics
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Bharat Forge – CMP: 361 – Invest with an 18 month target of 700
Introduction Bharat Forge is a Pune based manufacturer of forged and machined – engine & chassis components. It is the largest exporter of automotive forgings and chassis components from India. It is the second largest in the world, after ThyssenKrupp of Germany. Manufacturing facilities are spread across 11 locations and 5 countries – four in India,…
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P&S Bank IPO – Post review on 20th Dec
Punjab & Sind Bank IPO closed on Dec 16th with amazing strength – overall over-subscription 51 times with QIB 50 times, HNI 86 times and Retail 44 times !! It exceeded all my expectations – looks like everyone has bet on the winning horse :-) It will be a bit of a lottery if you…
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Bharti Airtel – CMP:331 – 2 years target 800 – Invest
Bharti Airtel is a bit of an enigmatic company. Emerging from humble origins, it has risen rapidly in the last decade to be today the largest telecom company in India by subscribers, revenues and profitability. Leaving in its wake the famed business houses of India. It is #7 in India in market cap. I first…
JainMatrix Investments 