Tag: investing
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RBL Bank IPO – A Grand Revival
Date: 18th August 2016 IPO price range Rs 224 – 225, Apply from 19-23rd Aug 2016 Advice: BUY with a 2 year holding perspective Mid Cap: Rs 7,700 crore Market Capitalization Industry: Bank – Private Sector PE 25.9 times and PB 2.45 times Summary Overview: RBL is a Kolhapur (Mah.) based private sector, universal, full service…
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NBCC: Small PSU Construction Sub-Contractor IPO, Avoid
Report Date: 27th March The updates of 26th EOD are: Overall 58% subscription with Retail 93% and Institutions 52% with FIIs also stepping in. HNIs are at only 3%. These are not great numbers. My sense is that HNI will dive in today only, and with Retail and Institutions doing their bit, subscription may go to 2-3…
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MCX – 800 pound Gorilla of Commodities; Invest
Update on Feb 28th – Stunning demand, low allotment, bullish signs Update: MCX got subscribed 54 times (4.5 till 2nd day), with QIB 49 times (3.68); HNI 150 (1.9) and Retail 24 (6.9). Allotment price has been fixed at 1032. From a target of 663 crores, the process has generated 36,000 crores !! I have to admit to…
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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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A Titan for the long term
——————————————————————————————————- There is an update of this report dated Nov2012, Titan – The Jewel in the Crown Titan Industries is a power brand and the largest specialty retail chain in India. It is translating the success in watches into new categories by adding one every 5-7 years, and now also straddles jewellery, eye wear and…
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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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