Nifty Results Analysis – Q2 | 2016
Yesterday on Bloomberg I analyzed earnings trend for constituent companies of the S&P CNX Nifty. On year-on-year basis (Q2 2015 to Q2 2016) earnings showed a growth of 10.5%. In comparison, average stock prices went up by 5.13% during the same period*. Based on stock prices as on 1st October for each year. Current PE Valuation of the […]
Techno Electric & Engineering Company Limited – Stock Analysis
Price – Rs. 246 (after 1:1 bonus) 4 November, 2015 View – BUY INVESTMENT RATIONALE Techno Electric & Engineering Company Limited (“Techno Electric” or the “Company”) is headquarters in Kolkata and provides: (a) Complete solutions for captive power plants including Engineering Procurement Commissioning (EPC) of power plants and substations*, Balance of Plants (BOP) **, transmission and distribution of power, and industrial installations. […]
SJVN Limited Stock Analysis
Price – Rs. 27.80 2 November, 2015 INVESTMENT RATIONALE Diversification Efforts to Augment Growth SJVN- diversified presence in different set of power projects. The Company has 3 operational power plants projects with combined operational capacity of 1,959.60 MW including the country’s largest Hydropower plant (Nathpa Jhakri) with 1,500 MW of operational capacity. The Company has […]
Rama Steel Tubes – Stock Analysis
The steel sector as a whole is witnessing an unprecedented turmoil mainly on account of slowdown in China which remains the major producer and consumer of Steel. Of the ~ 1550 million tons of steel produced worldwide ~ 48% is both produced and consumed in China. Notice the geographical distribution and the pattern of use for steel. […]
Shipping Corporation of India Stock Analysis
Price: Rs. 83.50 Shipping Corporation of India (“Shipping Corporation” or the “Company”) is a Government of India undertaking and owns and operates around 38% of the Indian shipping Industry (- i.e. 38% of tonnage capacity in India), and has operating interests in all areas of shipping business; servicing both national and international trades. Shipping Corporation’s owned […]
Top 5 Banking Stocks You Should Consider Buying
With banking stocks making a comeback, I got a lot of queries on potential investment opportunities in this space. Let me know in comments section below if you agree with me on this: For a well diversified equity portfolio, you should own financial services stocks with a weight-age of at least 30% (in the current […]
Power Sector Stocks : Deep Value or Junk Buying?
There is a shortage of power in the country – there is excess power available with power producers – consumers have the capacity to pay – distribution companies (i.e. State Electricity Boards (SEBs)) can’t afford to buy power! THE PROBLEM Concession Agreements Over the past 2-3 decades projects were awarded to power companies with clearly […]
Should You Buy Tata Motors Stock At Current Price?
Over the past one year, Tata Motors has fallen over 42% (from Rs. 505.34 to Rs. 288.65), on the other hand its competitor, Ashok Leyland in the medium & heavy commercial vehicles (M&HCV) has surged 120.02 % (from Rs. 41.20 to Rs. 90.65) and Maruti Suzuki, its biggest competitor in passenger vehicle segment has rallied 55.38% (from Rs. 3008.60 to Rs. […]
RBI’s Repo Rate Cut – How Does it Impact You?
Wait, does it really impact you? If you want to understand how RBI uses its Monetary Policy apparatus and how rate cuts really work, read this post here – Role of RBI in Indian Economy What happens when RBI cuts the Repo Rate? A repo rate cut allows commercial banks to borrow money from the RBI […]
Net Neutrality vs. Free Internet Debate
Net neutrality is the principle that Internet service providers and governments should treat all data on the Internet the same, not discriminating or charging differentially by user, content, site, platform, application, type of attached equipment, or mode of communication. – Wikipedia Why Telecom Companies Started Discriminating? Imagine a situation where a big corporate client is […]