Recently market has reacted wildly tanking near two percent to the exit of TDP?s (Telugu Desam Party) from the NDA. Concerns about the continuation of economic reforms after TDP quit the government led to the broad based selling in the stock markets. Exit of TDP from the NDA after its Ministers? exit from the Union …
You can?t ignore political risk; Market may react more during this year Read More »
Debt funds are mutual funds that invest in money market instruments such as bonds, treasury bills, etc. These terms basically mean that they lend money and earn interest on the money they have lent. Unlike equity mutual funds, debt funds are associated with a lot less risk. Their returns are also much more stable when …
There are many investment tools in Indian stock exchanges and one of them is penny stocks. Penny stocks are those which trade at very low price and have low market capitalization. Usually, these stocks are mostly illiquid and carry high risk. These stocks have prices below Rs 10 and have a market value less than …
We recommend ?BUY? on ASHOK LEYLAND LTD for a target of INR 171 – valuing the company at P/E 24x of FY19E Earning.
On Friday 16th of March 2018, the finance ministry informed the Lok Sabha that for the past eight years bad loans in the banking sector have been rising steadily and state-run banks had crossed Rs7.77 trillion at December-end 2017. Under the ?Industry-Large? category for all banks Gross non-performing assets (NPAs) has soared to Rs 5.27 …
We recommend ?BUY? on SUNDRAM FASTENERS LTD for a target of INR 654 – valuing the company at P/E 30x of FY19E Earning.
