Yesterday we analyzed earnings trend for constituent companies of the S&P CNX Nifty. On year-on-year basis (Q3 2015 to Q3 2016) earnings showed a growth of 5.0%. In comparison, average stock prices went down by 7.5% during the same period*. * Based on stock prices...
Since the beginning of 2016, Indian stock markets have fallen close to 7%. Overall they have fallen ~ 20% from their highs of 2015. What’s intriguing about this stock market correction is not the pace at which it has happened but the fact that no other asset class has...
The year that started with great optimism is ending on a somewhat somber note for stocks. Here’s a look back at the year that was. In all we recommended 63 stocks and closed 54* stocks in 2015 (Jan- Dec). Average Gain % from total calls closed = 26.71%. *Note: 54...
Do you suggest buying mutual funds or investing directly in stocks? From my immediate family to everyone in the extended circle of my distant family friends, everyone has asked me this question at least once. While I have no stats on how many took my advice, my answer...
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...
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...