Indraprastha Gas Limited (IGL) Stock Analysis
Incorporated in 1998, Indraprastha Gas Limited (“IGL” or the “Company”) is a Joint Venture of GAIL and BPCL. Govt. of NCT of Delhi also holds 5% equity in IGL. IGL is engaged in retail gas distribution business, supplying Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) and Re-gasified Liquified Natural Gas (R-LNG). CNG is used primarily in transport […]
Persistent Systems Stock Analysis
Persistent Systems Limited builds software and serves other software product companies and enterprises with software at the core of their digital transformation. “Building Software is Its Business” Persistent develops best-in-class solutions in key next-generation technology areas including Analytics, Big Data, Cloud Computing, Mobility and Social, for the telecommunications, life sciences, healthcare, and banking & financial […]
Steel Strip Wheels Stock Analysis
Price: Rs. 1273 FY 2018 Results on 26th May, 2018) Steel Strip Wheels Limited (“Steel Strip” or the “Company”) designs & manufactures automotive steel wheels since 1991. The Company is the second largest designer, manufacturer and marketer of steel wheel rims for passenger cars, utility vehicles, two/three-wheelers, tractors, light/heavy commercial vehicles and over the roads (OTRs). […]
Hester Biosciences Stock Analysis
Hester Biosciences Limited (“Hester” or the “Company”) is one of India’s leading animal healthcare companies and second largest poultry vaccine manufacturer with a market share of nearly 35% in India. Hester has a state-of-the-art manufacturing facility for products ranging from vaccines, health products to diagnostics. The Company has four verticals: Poultry Vaccines, Large Animal* Vaccines, […]
Sundram Fasteners Limited Stock Analysis
Sundram Fasteners – Results on 9th May 2018 Price: 597 Sundram Fasteners Limited (“SFL” or the “Company”) is a TVS group holding company engaged in the business of manufacturing of high tensile fasteners and automobile parts and accessories. The Company manufactures cold extruded parts, hot forged fasteners, power train components, pumps and assemblies and radiator […]
Federal Bank Stock Analysis
Federal Bank – Results Expected on 9th May, 2018 Price: Rs. 99 (holding) Founded in 1931, The Federal Bank Limited (“Federal Bank” or “Bank” or “Company”) is engaged in commercial banking activities in India. The Bank classifies its business in four segments: 1) Treasury; Corporate 2) Wholesale Banking 3) Retail Banking; and 4) Other Banking […]
Cyient Limited Stock Analysis
Multibagger Stock For the Month of February 2018 – Cyient Limited Price – Rs. 624 (22 January 2018) View – Buy About the Company Founded in 1991, Cyient Limited (Cyient or the Company) provides geospatial and engineering design, information technology (IT) solutions, and data analytic services in India and internationally. The Company was formerly known as Infotech […]
Indian Energy Exchange (IEX) Stock Analysis
Incorporated in 2008, Indian Energy Exchange Limited (“IEX” or the “Company”) provides a platform for trading in a range of electricity products in India. The exchange primarily brings together sellers of power like independent power producers, captive power plants, distribution companies, government owned power generation companies and buyers of power like industrial, commercial and institutional […]
IndiGrid InvIT – Should You Invest?
Caveat: Promoter Disclosure While the yields look attractive for IndiGrid InvIT, its Promoters: Twin Star Overseas Limited (Mauritius) and Vedanta Limited together hold ~74% in Sterlite Power which in turn is the promoter of India Grid Investment Trust. Both these companies belong to the Vedanta Group which in past has displayed particularly bad corporate governance […]
Tata Motors Stock Analysis
About Tata Motors Stock Price: Rs. 330 View: Buy Tata Motors operates in 2 business segments – Automotive Operations and Others [1] Automotive operations accounted for 98.95% of the total revenues in Q3 FY 2018. The Company’s automotive operations segment is further divided into Tata and other brand vehicles (including vehicle financing) and Jaguar Land Rover. Jaguar Land Rover […]