Opportunities From Demonetization in the Long Term
Before I get to the impact and opportunities from demonetization over short, medium or long term, I would like to put out 3 disclaimers: Disclaimer on demonetization: The last time we had such an event was in 1978. That was a time when there was no ATM, internet or online banking; there were no cell phones […]
India Glycols Stock Analysis
India Glycols Limited (“India Glycols” or the “Company”) is a leading company that manufactures specialty chemicals, natural gums, spirits, industrial gases, sugar and nutraceuticals. What’s Positive for the Stock? Well Diversified Business The Company operates in 5 Business Divisions [1] Chemicals – includes glycols, ethoxylates, performance chemicals, glycol ethers and acetates. The entire chemicals basket can be […]
At What NIFTY level will you start investing?
Over the past few months I have received many requests for portfolio rebalancing. Since August, I have been of the view that this is not the best time to deploy fresh capital in the market. Those already invested should try to rebalance their portfolios and so I have done in many client folios. […]
Demonetization: Impact on stock markets
For a week now demonetization of high value notes has been polarizing the country between those who totally support the idea and those who are against it. The move has had a big impact on the stocks markets. A lot of investors are withdrawing capital from stocks. Some because they are out of funds (since […]
Making money in stocks is often not about stock market investing
There are times when anyone who has read half a book on finance can tell you that stock prices are unreasonably high. Of course, it is possible that prices keep moving higher despite such assurance. For this reason, it is often a good approach to stay invested irrespective of stock prices and over time . […]
Eicher Motors Stock Analysis
Eicher Motors Limited (“Eicher Motors” or the “Company”) is a leading player in the Indian automotive space. It operates in three distinct business verticals – Motorcycles, Commercial Vehicles and Personal Utility Vehicles. [1] Motorcycles– EicherMotors owns the iconic Royal Enfield motorcycle business, which leads the premium motorcycle segment in India. Royal Enfield is the oldest motorcycle brand in […]
Motilal Oswal Financial Services Stock Analysis
Motilal Oswal Financial Services Ltd (“Motilal Oswal” or the “Company”) is a diversified financial services group focused on wealth creation through knowledge. The Company provides a whole host of products and services across retail broking & financial products distribution, institutional broking, private wealth management, investment banking, private equity (growth capital and real estate), asset management […]
Share Split vs. Bonus Issue – Impact on Shareholders
Share Split – When a company declares a share split, the number of outstanding shares increases, but the market capitalization remains the same. This involves division of equity shares by lowering their face value. After share split, Earning per Share (EPS) of the company falls by the same extent. For Example – In May 2016, Transcorp International […]
Best Stocks In The Insurance Sector In India
Indian Insurance Sector Indian Insurance sector can be broadly categorized into two parts – Life Insurance and Non Life Insurance which includes health insurance, and general insurance like car, two wheeler, travel insurance, home, individual personal accident, and business insurance. At the end of March 2016, there were 52 insurance companies operating in India; of which […]
Hospital Stocks – Max India, Apollo Hospitals and Fortis Healthcare
Hospitals constitute ~70% of Indian healthcare market with increasingly dominant role of private sector. Private players have established a dominating presence in specialty health care. The market size of private hospitals is expected to grow at a CAGR of 19.2 % to reach ~U.S. $ 120 billion by 2020 from its current size of ~U.S. […]