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A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

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June 2015

RBL Bank Ltd IPO @ Rs 200 & a Listing Market Cap of over Rs 8000 crs

RBL Bank Ltd (earlier The Ratnakar Bank Ltd) has finally filed it’s Draft Red Herring Prospectus with SEBI yesterday,Tuesday,June 23,2015 The  IPO will in all probability be in a Band of Rs 190 to Rs 200   FY 15 Year End Networth is @ Rs 2200 crs with Book Value @ Rs 75 levels with Equity …

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VLS Finance @ just Rs 36 because of a colourful past !~Relax it has Relaxo Footwears!

Promoted way back in 1986 by the  Mehrotra Family of Delhi, VLS Finance @ Rs 36 (Rs 10) has had a very colourful past ! A candid conversation ,which I had,with one of India’s top Bureaucrats based in New Delhi ,since deceased, in the 1990’s  was peppered with really aggressive and loud colourful language by …

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Riskless Profits through High Frequency Trading on NSE or Plain Cheating!?

Guys Check this expose by a whistle blower from a Hedge Fund in Singapore on how the  Operations on NSE were gamed by unscrupulous players and  20% profits shared with the  Tech Provider through Variable Manhours Billings for Managed Services….all faciltiated in collusion with NSE Data Centre Staff and the shocking hush up by NSE Management Get …

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Nagarjuna Oil Refinery on upper circuit at Rs 4.70~Saviour in Sight?

Two year ago I had covered Nagarjuna Oil Refinery for a leading Broker on his request when he had excitedly come across to me to confirm if it indeed was a multi-bagger like he had been advised…he had already commenced buying it for Clients and himself and had planned to invest heavily into it I …

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It is fatal to work 20 hours at a stretch day in and out even if young!

Is it worth working 20 hours at a stretch day in and out even if young!? Was sad to read about the death of one as young as 22 and upwardly mobile Indian youth working as an analyst with Goldman Sachs in San Francisco How Wall Street killed a 22-year-old Indian at Goldman Sachs The …

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