Understanding the stock market – a confluence of science, patience and luck
Back in 2014, at the peak of pessimism in stock markets there were hardly any takers for even the most marquee names in the stock market. Today’s Rs. 2300 share of Reliance was trading at 450. Infosys at 400 and HDFC Bank at 320 (both trading above Rs. 1000/ share today). These days things are […]
G G Engineering Limited Stock Analysis
CMP: 62.50 View: Buy G G Engineering Limited (“GG” or the “Company”) is the most well-established players in Gensets & Reverse Vending Machine (RVM) industry in India. A reverse vending machine is a device that accepts used beverage containers and returns money to the user. These machines are popular in places that have mandatory recycling […]
Garware Technical Fibres Stock Analysis
Garware Technical Fibres Limited (“Garware Technical” or the “Company”) is one of India’s leading players in the technical textiles sector. The Company provides innovative solutions in high-performance aquaculture cage nets, fishing nets, sports nets, safety nets, agricultural nets, coated fabrics, polymer ropes, and geosynthetics. The Company enjoys the advantage as its products for fisheries, aquaculture […]
Tech Mahindra Stock Analysis
Tech Mahindra Limited (“Tech Mahindra” or the “Company”) offers innovative and customer-centric information technology experiences. Tech Mahindra is $5.2 billion company with 123,400+ professionals across 90 countries, helping 981 global customers including Fortune 500 companies. The Company’s portfolio of services ranges from designing a strategy to delivering impact including: Infrastructure and Cloud Services, Integrated Engineering […]
Where Investors Should Park Their Money?
Even before the Coronavirus pandemic hit the world, the global economic output was on the downward trajectory with an expectation that the recession is just around the corner. Contrary to the macroeconomic factors, the equity markets across the globe were trading at extremely high valuations. The COVID-19 broke the momentum as markets crashed resulting in […]
All About Stock Selection Criteria
When selecting stocks, it is difficult to review the massive amount of data available from various sources for assessing equity fundamentals. Developing a good stock selection criteria for evaluating stocks can make this tedious task much less stressful. That being said, a bigger problem these days is to select a stock selection criteria. Just type […]
L&T Finance Holding Stock Analysis
L&T Finance Holding Limited (“L&T Finance” or the “Company”) is promoted by one of India’s leading construction companies- Larsen & Toubro (L&T). The Company offers a comprehensive portfolio of financial products and services through its wholly-owned subsidiaries. L&T Finance’s lending activities are divided into 2 segments – Retail (which accounts for ~53% of AUMs) and […]
Tata Elxsi Stock Analysis
TATA ELXSI STOCK PRICE: Rs. 778 Tata Elxsi Limited (“Tata Elxsi” or the “Company”) is amongst the world’s leading providers of design and technology services across industries including Automotive, Broadcast, Communications and Healthcare. Tata Elxsi is helping customers through design thinking and application of digital technologies such as IoT (Internet of Things), Cloud, Mobility, Virtual […]
NIFTY PE (Price Earnings Multiple) – FAIR VALUATION STUDY
With all this talk about Nifty PE ratio and what is most likely going to be a deteriorating earning season, I decided to have a look at how expensive/ cheap each stock on the Nifty really is. Of course, in absolute numbers, now at 9,266; historically speaking, Nifty is fairly valued at a P/E multiple of 21. […]
Cadila Healthcare Stock Analysis
Price: Rs. 253.75 Date: March 30th 2020 Cadila Healthcare Limited (“Cadila” or the “Company”) is a pharmaceutical company that discovers, develops, and manufactures a broad range of healthcare products including human formulations, veterinary formulations and drugs, diagnostics, herbal products, skin care products, Over the Counter (OTC) products and Active Pharmaceutical Ingredients (APIs). The Company has […]