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

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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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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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Essar Oil kissing Rs 200 ! ~ Exposes Delisting Duplicity !

 Essar Oil kissing Rs 200 ! ~ Exposes Delisting Duplicity ! For a year now and after Essar Oil announced intention to delist last year,I’ve been maintaining how the Promoters,Ruias are bent on short circuiting Minority Shareholders by delisting at a low price…here are some of my earlier blogposts in the matter Essar Oil on …

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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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Reliance Industries remains @ Rs 885 ! ~ Gone Nowhere last Six Years !

In October 2012,I had blogged on Reliance Industries @ Rs 850 then wondering aloud if at all it could double in 3 years by 2015 to give a 30% CAGR Gain given all the Controversies plaguing it.The link’s below Alright! ~ Will it double from Rs 850 in three years time !? Wednesday, October 3rd, …

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Reliance or NBCC ? ~ Both @ Rs 850 levels

😀 Oh ! How I love Equities ! Reliance Industries or NBCC !? No Brainer!? Both  FV Rs 10 and @ Rs 850 levels Reliance with a Market Cap of @ Rs 275000 crs and  embedded in controversies and has actually lost monies for shareholders in the last six years of holding NBCC with a …

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