5 Large Cap Stocks Offering Multibagger Returns
Given the benefits of compounding, good quality large cap stocks are the best way for investors to get multibagger returns over a longer period of time. If an investor would just buy shares of established large cap stocks and hold them for a long period of time, the process of compounding that these stocks offer […]
Ashok Leyland – Buying Opportunity After Correction?
Date – 29th November, 2018 Price – Rs. 109.20 View: Neutral Ashok Leyland Limited (“Ashok Leyland” or “Company”) is the 2nd largest manufacturer of commercial vehicles in India, the 4th largest manufacturer of buses in the world, and the 12th largest manufacturers of trucks. Headquartered in Chennai, Ashok Leyland has six (6) manufacturing facilities in India […]
Nifty 50 Earnings – Q2 FY 2019 – Analysis
On year-on-year basis (from Q2 FY 2018 to Q2 FY 2019), Nifty 50 earnings – Q2 FY 2019* showed a growth of 8.19%. In comparison, average stock prices went down by 2.49% during the same period**. *Based on 44 companies which have declared results **Based on stock prices as on 12th November for each year. Current PE Valuation of […]
Hikal Limited Stock Analysis
Date – 29th October, 2018 Price – Rs. 156.25 About the Company Hikal Limited (“Hikal” or the “Company”) offers solutions across the life sciences value chain. The Company is in the business of supplying research services, active ingredients and intermediates to global pharmaceuticals, animal health, biotech, crop protection and specialty chemicals companies. Pharmaceuticals – Hikal serves […]
Piramal Enterprises Stock Analysis
Piramal Enterprises Limited (“Piramal” or the “Company”) is one of India’s large diversified companies, with a presence in Financial Services, Pharmaceuticals and Healthcare Insight & Analytics. [1] Financial Services – Engages in various financial services businesses. It provides both wholesale and retail funding opportunities across sectors. [2] Pharma – Piramal sells a portfolio of niche differentiated pharma […]
Info Edge India Limited Stock Analysis
Info Edge India Limited (“Info Edge India” or the “Company”) is India’s premier online classifieds company in recruitment, matrimony, real estate, education and related services. Its business portfolio comprises: [1] Recruitment – Online recruitment classified, www.naukri.com – market leader in the Indian e-recruitment space. [2] Matrimony – Online matrimony classified, www.jeevansathi.com – among the top 3 in […]
Top 5 Undervalued Indian Pharma Stocks
Indian Pharmaceutical Market The Indian Pharmaceutical Market (IPM) accounts for approx.1.5% of the global pharmaceutical industry in value terms and 20% in volume terms. In last ten years, India’s domestic pharma market has grown to Rs 1.1 trillion from Rs. 363 billion in 2008 on the back of around 97,240 brand launches, and exports led […]
Future Lifestyle Fashions Stock Analysis
Future Lifestyle Fashions Limited (“Future Lifestyle” or the “Company”) owns and markets over two dozen fashion brands through exclusive brand outlets, department stores and multi brand outlets, as well as company operated chains such as Central, Brand Factory and Planet Sports. It collectively operates around 400 stores spread over 5 million square feet of retail […]
Manpasand Beverages Stock Analysis
Date – 31 July, 2018 Price – Rs. 120.60 WHAT’S DRAGGING THE STOCK Resignation of Deloitte as Auditors Manpasand Beverages stock tumbled more than 67% from Rs 448.15 on May 22, 2018 to Rs 149.15 on 22nd June 2018. Reason being: Deloitte Haskins & Sell, the Company’s auditor has quit, a few days before the declaration […]
NIIT Technologies Stock Analysis
NIIT Technologies Limited (“NTL” or the “Company”) was set up in April 2003, when NIIT Ltd (NIIT) spun off its software solutions business (excluding knowledge solutions) into a separate legal entity. NIIT holds 25% stake in NTL through a wholly owned subsidiary, Scantech Evaluation Services Ltd. Date – 9th July 2018 Price – Rs. 1091.20 NIIT […]