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

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Supreme Court : RIL v/s RNRL is Ram Jethmalani v/s Harish Salve

There were 48 TV Crews at the Supreme Court this morning…..The Cameras were positioned to broadcast live sound bytes from the lawyers of RIL and RNRL First we had a trifle agitated, Ram Jethmalani,who represented RNRL, emerging and a hectic rush to have  Mikes thrust onto him for his comments This is what Jethmalani said,rather accused  ” The Supreme Court …

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TCS announces excellent first quarter results post Market Closing…It closed at Rs 433 but should open firm on Monday

TCS closed at Rs 433 today…It should open firm on Monday  This evening it has announced an excellent First Quarter FY 10,despite pressure on billing rates On Revenues of Rs 7207 crs,the PAT is Rs 1534 crs,up 15% qoq and 19% yoy.The EPS is Rs 7.83…This gives a Market Multiple of less than 14…Infosys is 18+…so …

TCS announces excellent first quarter results post Market Closing…It closed at Rs 433 but should open firm on Monday Read More »

Mahindra Hoilidays lists above Issue Price of Rs 300 on NSE today….stays and closes above too….but will it continue to stay above ? I continue to say ‘No’

Mahindra Holidays and Resorts India Ltd (MHRIL) was listed on NSE today….It was issued at Rs 300 and the Issue was comfortably oversubscribed A freak trade saw a High of Rs 374.50 and a low was registered of Rs 311.35…but it closed at Rs 313,towards the Day’s Low 12.74 Million shares were traded and the …

Mahindra Hoilidays lists above Issue Price of Rs 300 on NSE today….stays and closes above too….but will it continue to stay above ? I continue to say ‘No’ Read More »

Will try and respond shortly to Readers Queries on Compact Disc,Balaji Tele and Himalaya International

Hey Kamal,will shortly have a look at Compact Disc And Sangeeth will also blog soon on Balaji Tele… Dr Sudeep,thanks for your apreciation on the infosys Blog…Planning to scale up the Advisory by launching Web based Advisory Plans…why pay for Advertising or Marketing when I have guys like you ! …will certainly have a look at …

Will try and respond shortly to Readers Queries on Compact Disc,Balaji Tele and Himalaya International Read More »

Infosys manages to beat Earnings Expectations but only because it deferred Investments…I expect it to correct to below Rs 1500

Infosys declared It’s Q1 FY 10 Results this morning…….as per IFRS……..as per Indian GAAP I don’t see any headwind in Infosys…I will be surprised if it climbs more from the current Rs 1750 levels….Infact I expect it to drop below Rs 1500…..Read on to understand my thought track  It has managed to show a little higher Basic EPS at …

Infosys manages to beat Earnings Expectations but only because it deferred Investments…I expect it to correct to below Rs 1500 Read More »

How to Misuse Warren Buffett !…learn from the Chinese !

Would you believe this !  A 37 year old Chinese businessman,Zhao Danyang paid a record US $ 2.1 Million to win an eBay charity auction last year to lunch with legendary Investor,Warren E Buffett at a steakhouse in New York City Just a day before the lunch on June 24,2009,Zhao Danyang played the Media by telling them …

How to Misuse Warren Buffett !…learn from the Chinese ! Read More »

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