In India there are 3 big Oil Marketing Companies (OMCs): Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation Limited (HPCL), and Bharat Petroleum Corporation Limited (BPCL). Core Business: Marketing of oil. In addition to pure marketing, these companies...
Price – Rs. 1,638.10 18 November, 2015 VIEW – BUY Diversified Business Operations Nesco Limited (“Nesco” or the“Company”) operates in four businesses: IT Park; Bombay Convention & Exhibition Centre (BCEC); The Industrial Capital Goods Division, Indabrator;...
For those who may be new to the concept of loan against securities, let me start by way of brief introduction and the advantages. Loan against securities (like shares, mutual funds, bonds or any other similar instrument) works like a standard term loan with the...
Indian FMCG sector is the fourth largest sector in the economy with a total market size in excess of Rs. 2,000 billion. The sector has grown at a CAGR of 11 % over the last decade. Food product (43%) is the leading segment followed by personal care (22%). The Indian...
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...
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...