Tag: equity research
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CPSE ETF FFO – An Energizing Offer
Date: 14th Jan 2017 FFO Application: 18-20th Jan and Listing by 10th Feb, 2017 Amount to be raised: maximum of Rs. 6,000 cr. Managed by Reliance Nippon Life Asset Management Central PSEs, Exchange Traded Fund, Further Fund Offer Buy with a 1 year perspective. Overview: The Scheme is a follow on issue after the 2014…
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Balmer Lawrie – An Update
19th Dec 2016 CMP Rs 1085 Advice: SELL – It has achieved its price target and is Overvalued Dear Readers, We had published a report on Balmer Lawrie and Co (BLC) on 17th Oct, 2016. This is a follow up report where we have changed our recommendation due to significant recent events. We had recommended…
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Why Stocks and Investment Outlook Dec 2016
Hi Investors, In this short video of 10 minutes, we share the simple concept of Compounding, showcase our services at JainMatrix Investments, and present the Investment outlook for the next quarter. Please share forward if you Like it. Happy Investing, Punit Jain JAINMATRIX KNOWLEDGE BASE See other useful reports: Short Term Pain, Medium Term Gain The…
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Investment Outlook – Short Term Pain, Medium Term Gain
22nd Nov 2016 Report Type: News Analysis Recently the global markets have been very volatile and the same is being witnessed in the Indian markets as well. The Sensex has fallen around 12% from peak of 29,045 on 8th Sept, after a 26% rise since the 2016 budget. Here are the key events which have…
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PNB Housing Finance IPO: A Transformed Lender
Date: 25th Oct 2016; IPO Period: 25-27th Oct IPO Price: Rs. 750-775; P/E 39.2 and P/B 2.45 times Mid Cap: Rs 12,800 crore Mkt cap Industry – Housing Finance NBFC Advice: Investors may BUY with a 1 year perspective Summary Overview: PHF is the 5th largest housing finance company by loan portfolio. Over 5 years, PHF…
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Balmer Lawrie – Is Traveling Fast Now
Date: 17th Oct 2016 CMP: Rs 677 Industry: PSU, diversified Small Cap with Mkt Cap 1980 crores Advice: BUY with a target price of Rs 1057 by Mar 2019, a 56% upside Overview: Balmer Lawrie & Co is a diversified PSU firm into Travel and Tourism, logistics, Industrial packaging, greases, lubricants and Leather chemicals. In…
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Endurance Technologies (IPO) – the Firm has Stamina
Date: 04th Oct 2016 IPO Period: 5th-7th October, IPO Price range: Rs. 467-472 Sector: Auto Components MidCap: Rs 6,639 cr. Mkt cap Advice: Investors may BUY with a 1 year perspective. Summary Overview: ETech is the largest 2 and 3-wheeler auto component manufacturer in India, with 25 plants across India, Italy and Germany. ETech had…
