A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Yes,I know the IPO of Pipavav Shipyard Ltd is oversubscribed and it closes today…..but pip-avoid Pipavav Shipyard The IPO Price band of Rs 55-Rs 60 for an Equity Share of Face Value of Rs 10 is obscene in the first place and this 11 year old (an adult in context of Corporate Existence !) child is …
Right from August 12,2009 when our FM,Pranab Mukherjee released the New Direct Taxes Code for Discussion,there has been developing apprehension on increased taxation on Capital Gains I’ve been warning Clients about the Market Selling off towards 2011 as Investors book Gains,both short and long term, to take advantage of lower tax rate and tax exemption respectively……and today …
New Direct Taxes Code and a Stock Market Selling off….What’s the Connection ? Read More »
Amusing or not so…you decide…….some Saturday morning shots…. Jet Airways Pilots Strike enters the fifth day…and I see a Business Standard ad (Page 16) of Jet2Kerala with a tag line ‘Your dream holiday can now touch down’…Problem is you yet cannot take off !…Jet Airways has teamed up with Kerala Tourism to help you land the best …
Some Saturday Morning Shots…..of Strikes and Statues…..Austerity Measures and IPOs Read More »
Our Sensex is on a Calender Year High Today…..In 15 trading days,it has surged from 15000 to 16000..It closed at 16016 today,up by 327 points and over 2% Drought does not seem to be in our Sensex’s Dictionary ! From March 2009 Lows of 8000,the Sensex has now surged 100% in just seven months ! and year …
On August 6,2008,just under thirteen months ago I had blogged that Sabero Organics looks good at Rs 24..Click on https://www.gauravblog.com/?p=93 It had then dropped to Rs 12 in the market meltdown and since then has shot up to near Rs 40…Today it’s Rs 35 and has given an excellent June quarter performance…PAT is Rs 11.20 …
Sabero Organics up but FII,Clearwater Capital seen exiting ! Why ? Read More »
I had told you that the Government was Greedy when it priced the NHPC IPO at Rs 36 Listing Gains were indicated…but yesterday the Listing was listless and it was only some strong face saving market making that kept the price over the Price decided of Rs 36 But today it dropped to Rs 35.75 on …
NHPC drops below Issue Price of Rs 36 on second day of Listing Read More »