Tag: equity research
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Parag Milk Foods IPO – Let This Drink Go
Date 4th May 2016 Price range: Rs. 220-227 and Period: 4 – 6th May 2016 Small Cap – Rs 1900 cr. Mkt Cap Industry – Dairy Foods Advice: Average offering. AVOID. IPO highlights IPO is open from 4-6th May, with Issue Price band: Rs.220-227 /share, Retail Discount is Rs 12 /share Shares offered to public:…
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Equitas IPO – Leader in SF Banks
Date: 3rd April 2016 IPO price range Rs 109 – 110, Apply from 5-7th Apr 2016 Industry: BFSI – Small Finance Bank Mid Cap: Rs 3,560 cr Mkt Cap Advice: BUY Summary Overview: Equitas Holdings is a financial services firm that has extended beyond microfinance to MSME, CV and housing loans to people that are…
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Precision Camshafts IPO – an Attractive Finish
Date 26th Jan 2016 Price range: Rs. 180-186 and Period: 27th – 29th Jan 2016 Small Cap – Rs 1750 cr. mkt cap Industry – Auto Ancillary Advice: Investors can BUY with a 2 year perspective Summary Overview: Precision Camshafts is a small auto ancillary firm that makes camshafts. Revenues, EBITDA and PAT have grown by…
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Narayana Hrudayalaya IPO – Investors may not be Patient
Date 17th Dec 2015 Price range: Rs. 245-250 and Period: 17-21st Dec 2015 MidCap Rs 5100 cr Mkt Cap Industry – Hospital Services Advice: Avoid Summary Narayana Hrudayalaya Ltd was founded by eminent cardiac surgeon Dr Devi Prasad Shetty in 2000. It operates a national network of hospitals, clinics and primary care facilities. NHL’s revenue…
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Dr Lal Pathlabs IPO – Essential Services are an Essential Buy
Date 9th Dec 2015 Price range: Rs. 540-550 and application period: 8-10th Dec Industry: Pharma – Diagnostic services Mid Cap – Rs 4550 cr Mkt Cap Advice: Retail Investors can BUY with a 2-3 year perspective Summary Overview: DLP is provider of diagnostic and related healthcare tests and services. DLP’s Revenue, EBITDA and EPS have…
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A View on the Indian Rupee
THOUGHT FOR THE DAY: The Indian rupee has been weakening against the USD over time. The graphic provides one month and 5 year charts. Charts The 5 year low for INR was 67.09 to a dollar hit in Aug 2013, in the wake of the USA Quantitative tightening scare. At that time our USD reserve holdings were…
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GST: Integration and Efficiency
THOUGHT FOR THE DAY: GST is in the news a lot these days. Lets look at this new initiative in a little detail: What is GST in India? GST (Goods and Service Tax) is a comprehensive indirect tax that would be levied on manufacture, sale and consumption of goods and services at a national level.…
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