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

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SKS Microfinance drops 20% to Rs 360 today as not in RBI’s shortlist of 10 to be granted mini bank licenses

SKS Microfinance lost 20% in early morning trade on NSE dropping to lower circuit at Rs 360 before recovering to Rs 390.Previous Closing was Rs 450 This  defining fall was the consequence of not having made it to the RBI List of 10 lending entities shortlisted from 72 applicants to become mini banks for advancing …

SKS Microfinance drops 20% to Rs 360 today as not in RBI’s shortlist of 10 to be granted mini bank licenses Read More »

Anuh Pharma XB Rs 340 ~700% Gains in 2014-15 ~ Now What?

Anuh Pharma was Rs 280 yesterday morning and is up to Rs 340 this morning !….yet down from ex bonus High of Rs 414.75 on August 12,2015…It was a liberal 2:1 Bonus with xb date being August 5,2015.Cum Bonus the Share Price was at times over Rs 1000. 52 Week xb High of Rs 414.75 …

Anuh Pharma XB Rs 340 ~700% Gains in 2014-15 ~ Now What? Read More »

What A Shame!~LIC bails out Government with US $ 1.2 b in IOC Disinvestment

Just a few days ago I had blogged that the IOC Disnvestment on Monday will be just a formality….But Monday’s Global Stocks Chinese Contagion Capitulation saw a very very poor response to the IOC  Disinvestment It’s a real shame that the Government yet again  had to direct/order LIC to bail it out yet again…it would …

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PEBS IPO at Rs 178 only to facilitate a super profitable exit to Zephyr Peacock!?

PEBS IPO at Rs 178 (FV Rs 10) only to facilitate super profitable exit to Zephyr Peacock!? No Grudge against the Private Equity Investor Zephyr Peacock but if  you’re thinking of applying in the PEBs IPO that opens on August 25 you should be aware of this….. Shareholding of Private Equity Player Zephyr Peacock in …

PEBS IPO at Rs 178 only to facilitate a super profitable exit to Zephyr Peacock!? Read More »

At Rs 387 Floor Price the IndianOil Disinvestment should be an easy formality

Government is now really reducing it’s stake in IndianOil Corporation on Monday,August 24,2015 in a Divestment Exercise. Why do I say  “now really” ! ….because last year in March 2014 it held 78.92% of the IOC Equity of Rs 2427.95 crs (FV Rs 10) and because it felt the market price at the time of …

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MMTC @ Rs 44~92000+ Shareholders sob on 98% Wealth Erosion!

The Tag line for Government Owned and run and listed  MMTC is weepingly (sure this is a legit word!) ironic at “Touching Lives.Adding Value” Wow !…considering a 98% Shareholder Wealth Erosion inside years !  MMTC could well be My ! My ! Take Care! ….Shareholders may well say “What’s Left to Take Care !”  MMTC quotes currently …

MMTC @ Rs 44~92000+ Shareholders sob on 98% Wealth Erosion! Read More »

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