Tag: JainMatrix Investments
-
Mahanagar Gas – A Hot Piping IPO
Date: 20th June 2016 Issue Price range: Rs. 380 – 421 and Period: 21st-23rd June Industry – Gas Distribution Mid Cap – Rs 4,156 crores Mkt cap Advice: Buy for 2 years Summary Overview: MGL is a city gas distribution firm that has the sole distribution rights for CNG and PNG supplies in and around…
-
A Repurpose for our PSUs
Thought for the day Background: The Central Public Sector Enterprises were set up with the purpose of promoting “national interest” and “public investments in large industries” – something which could not be done by the private sector. This was done way back in the 1960s and 70s. Forty years on, a lot has changed in…
-
How to approach the Stock Market – a lesson from Warren Buffet
This year the world’s most famous investor Warren Buffet did something unusual during his firm Berkshire Hathaway’s AGM. He let the Apr 30th one-day event be telecast live over internet to anyone interested. I have taken one wonderful lesson delivered that day by Warren Buffet and rewritten it for the Indian market. It is here…
-
An IPO Roundup and Update
Dear Readers, The IPO season is hot now, hotter than the summer outside. In this note we recap recent events and try to look ahead too: EQUITAS HOLDINGS IPO Our investment report was Equitas IPO – A Leader in Small Finance Banks It is available on link Equitas Holdings IPO Note JainMatrix Investments had recommended…
-
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:…
-
Thyrocare IPO – Wellness for your Wealth
Date 26th April 2016 Price range: Rs. 420-446 and application period: 27-29th April 2016 Industry: Healthcare – Diagnostics Mid Cap with Rs 2400 cr Mkt Cap Advice: BUY with a 2-3 year perspective Summary Overview: Thyrocare is a top 4 player in the pan-India diagnostic lab companies. Revenue, EBITDA and PAT have grown 23.7%, 19.4%…
-
New Banks: Big Changes in Small Change
Thought for the day What are Payment and Small Finance Banks? The RBI granted licenses for Payment Banks to 11 entities. This includes telecom firms Vodafone and Airtel; NBFC Cholamandalam Distribution Services; groups Reliance Industries and Aditya Birla Nuvo; and individuals Dilip Sanghvi, MD of Sun Pharma and Vijay Shekhar Sharma (Paytm). The Dept. of…
JainMatrix Investments 