A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Indian Indices Up 2% today despite Reliance sulking !…Sensex surged 354 points to cross 18200 and close at 18202 while the Nifty rallied 116 Points to close past 5500 at 5532….Reliance actually dropped 1.43% to close at Rs 836…Just two others,Cipla and HUL dropped, while 27 Sensex scrips were buoyant today with seven of them surging between […]
@ 2200 Million Dollars In & our Sensex 2200 Points up in just over the first month in Calendar 2012! December 2011 closed at 15500 Sensex levels…Then came some frenzied FII Inflows of @ US $ 2200 Million in January and the first week of February in 2012 propelling our Sensex up 2200 Points and
Is IFCI worth a Billion Dollars !?…Significantly Down at Rs 25 is it a Buy or Bye Bye ! ? On the face of it IFCI looks inviting at Rs 25…The Networth is over a Billion Dollars at Rs 5100 crs + The Book Value is now over Rs 70…this was also the Share Price
Is IFCI worth a Billion Dollars !?…Significantly Down at Rs 25 is it a Buy or Bye Bye !? Read More »
I was amused,annoyed and angered when I read two recent Press Articles on IPOs…both featured in the Financial Express The First stated how SEBI is planning to bring back Retail Investors to IPOs by reducing listing day from 15 to three ! Sebi to help bring small investors back to IPOs … So now small investors can die earlier !…..what
Indian IPOs in 2010 and 2011 : Great Wealth Destroyers ! Read More »
Kingfisher Airlines…Fears come alive of Borrowing on the Brand….The struggling Airline is virtually grounded with Heavy Debt … some taken even against the Brand…..Pilots are leaving enmasse and flights are being cancelled daily…Share Price has sunk below Rs 20 http://www.hindustantimes.com/News-Feed/SectorsAviation/Kingfisher-seeks-Govt-bailout-40-more-flights-cancelled/Article1-767695.aspx Management and Mallya are putting up a Brave face…will have to quickly come up with atleast
India Proxy,State Bank of India gets Moody and drops over 5% today to Rs 1750 levels as ‘Moody’ downgrades it’s Banking Financial Strength Rating (BFSR) to D+ from C- As of June 30,2011 State Bank of India had a Tier 1 Captal of 7.6%…below the Govt stipulated 8% for PSU Banks…It’s Non Performing Assets (NPAs) climbed