July 8, 2014
Astra Microwave Products Ltd. (AMPL) is engaged in designing and manufacturing of high value added Radio Frequency (RF) and microwave super components and sub-systems finding applications in Defence, Space and Civil communication systems.
According to media reports, the department of industrial policy & promotion (DIPP) has prepared a draft Cabinet note that proposes to allow up to 100% foreign direct investment (FDI) in defence as part of its plan to boost domestic manufacturing activities, markets are hopeful of better days for defence equipment makers. By permitting FDI in the sector it will help in reducing Read more
June 9, 2014
Amtek Auto is India’s second-largest auto components company, with revenues of INR156bn. It has a global market share of 20% in turbocharger housings and 15% in ring gears. Amtek Group has been very aggressive with capex and acquisitions [Tekfor and Kuepper] in the past — this has not played out as expected by management, due to Corrupt Governance & Policy Paralysis during Sonia Gandhi’s Congress Regime in the key markets of India (57%) and Europe (~37%) led to significant debt build-up. Amtek management is now focused on improving return ratios and generating free cashflows, which should be taken positively by the market.
Amtek is a high-beta play on recovery in Read more
May 29, 2014
The Equity Market is the Only Market with Ocean of Opportunities. However, this is a Game for Smart or rather Extremely Smart Investors to make Big Money. In order to educate Investors with the Zeal and Caliber to spot the next Multibagger, we’d like to enlighten about certain Sunrise Sectors which throw this opportunity without mentioning any stock and we’ll leave to the readers to spot the stock and write as comment.
One of the Most prominent sector to spot multi-baggers is Specialised infrastructure and related services – In the last bull run we saw the rise (and fall) of infrastructure companies involved in more plain-vanilla businesses like Read more
May 19, 2014
Shri Narendra Modi, led BJP has emerged Victorious beyond expectations decimating the Corrupt & Paralyzed Congress which killed the Indian Economy. This is a decisive electoral verdicts since 1984 with the pre poll NDA alliance surpassing the most optimistic forecasts. The political platform now delivered to the NDA is historic and should result in a simultaneous revival of investor, consumer and corporate confidence. With the economy and the investment cycle at the center focus of the new government, equity markets are likely to react to the verdict with euphoria.
India is entering its fourth wave. In the previous three waves, more than two-thirds of all stockmarket returns have come in the first three years.
While the budget will now emerge as the next key milestone for the market, investors should begin to assess what the next government Read more
May 14, 2014
Bajaj Electricals (BEL) incorporated in 1938 is engaged in business appliances, fans, lighting, luminaries and engineering and projects. BEL is a part of the Rs. 20000 crore Bajaj Group. Shekhar Bajaj is the Current CMD of the company and we give a 5/5 for the Management Track Record.. For decades the company had been into the consumer electrical business. In the last few years it has diversified into E&P. Bajaj Electricals (BJE) has now been ranked as the top E&P player by Powergrid Corporation. In FY14, order inflow increased 106% and losses declined. Given the softening copper price and a possible recovery in the housing sector post the elections, the stock is due for re-reating.
The consumer business’ revenue growth Read more
May 8, 2014
FIIs have largely been buyers over the past 8 months. As of Mar 2014, FIIs own 26-27%in MSCI India/Nifty stocks and own c.50% of the free Read more