NRB Bearings Ltd- Initiating Coverage (BUY)
We recommend ?BUY? on NRB BEARINGS LTD for a target of INR 200 – valuing the company at P/E 27x of FY19E Earning. CMP: INR 164 Target Price: INR 200
We recommend ?BUY? on NRB BEARINGS LTD for a target of INR 200 – valuing the company at P/E 27x of FY19E Earning. CMP: INR 164 Target Price: INR 200
Introduction: In the process of buying the stock and the stock reach in your DEMAT account, there are many corporate entities which look after the above process. These entities work quietly behind the scene with SEBI rules and regulations. We call these entities financial intermediaries. Altogether these entities create a system where market exists independently. …
Market Cap: 1738 Crores. CMP: Around 735 Current P/E: Around 24 against FY18 EPS. POSITIVE: B2C business, Recession Proof, Under tapped market, Political intervention Proof. NEGATIVE: No entry barriers, Competition. Matrimony.com (MCL) incorporated in 2001 is an online matrimony venture?headed by Murugavel Janakiraman. It is India’s first pure play Consumer Internet Company to get listed. …
We have collected some stocks based on both fundamental and technical basis across various web sources that are on radar to be trade on this week: CENTURY TEXTILES: The stock has witnessed a decent correction from the peak of 1265 to show signs of bottoming out at around 850 levels and currently has produced a …
What are the popular instruments of investment? Everyone wants to invest some part of his/her income to fight with inflation and to meet the emergency of money. There are two ways where one spends his/her incomes either on consumption or on investments. When you think about investing your money there are several asset class …
You are young now, physically and mentally fit enough to earn your livelihood, but you can?t avoid getting older year by year. One day may be voluntarily or forced by life you must have to retire and is an important reality for everyone. Most young people think retirement is a long way off. However, it …
Plan Well Ahead Before You Retire – Save Today For Your Better Future! Read More »
IPO, as we all know that IPO stands for Initial Public offer. It is a process of raising fund from the public by Companies, which are in the process of more expansion. Before we directly jump to what is IPO and its features, let us understand the basic concept of IPO. To understand this concept …