September, 2010 | Dalal Street

Equity Research

Jocil Ltd – Low P/E Stock with Investment Grade

September 7, 20102 min read

Jocil Ltd (JOCIL) was incorporated in 1978 by the Jaylakshmi group of companies. The product portfolio of JOCIL includes Stearic Acid Flakes, Crude/Distilled/Hydrogenated fatty acids, Soap Noodles, Toilet Soap, Refined Glycerine, Industrial Oxygen and Pitch (By product). It is also involved in power generation and distribution. The installed capacities for various products are as under.

JOCIL is an old and established player (since 1978) in the soaps and its raw materials market. It manufactures Fatty Acids, Soap Noodles and Toilet Soap on job work basis for reputed customers. The products manufactured are marketed directly from the factory (more…)

Equity Research

Shape Your Portfolio with Talwalkars – IIFL

September 7, 20101 min read

The wellness industry covers a large number of services including personal health counseling, fitness, beauty services and others.
Within this, fitness segment viz gyms market size is estimated at US$113mn and is growing at a healthy pace. Fitness industry should benefit from several structural positives prevalent in the domestic market.

Talwalkars Better Value Fitness (TBVF) is amongst the largest fitness chains in the country operating 66 health clubs (including (more…)

Economy, Markets and Macro Views

Indian IT – No Danger for Now – Goldman Sachs

September 7, 20102 min read

Goldman Sachs Analysts have set a new theme of China being a threat to the Indian IT Services industry. As for any meaningful competitive threat to Indian IT from Asian countries, China is potentially the most threatening in our view. But there are material
challenges for Chinese companies to accomplish this. Goldman came to the view that anecdotal evidence is exaggerated and a meaningful challenge to Indian IT’s global market share might not occur till 2015. We project the Indian IT sector to continue to grow (more…)