With this heavy fall in the markets, one thing that can be clearly observed is that the stocks with good fundamentals and strong operational performance fell the least. As there are only a few good businesses that are constantly performing well operationally, they will always appear to be overpriced based on valuation metrics since a […]

Despite economic slowdown and weakness in consumption, ITC’s Q2FY20 results showed decent growth in profits. The company’s diversified operations across non-cyclical sectors, a resilient business model, a strong brand leadership position in the cigarette business, product innovation track record & premiumization drive are key positives. Recently ITC  launched limited edition chocolate “Trinity Truffles” prior to festive […]

With the rumours on the street about overhauling and alignment of the tax structure for equities by the government, the market has picked up steam. Existing structure of Long Term Capital Gains (LTCG) tax, the Securities Transaction Tax (STT) and Dividend Distribution Tax (DTT) are possibly being reviewed by the Prime Minister’s Office in consultation […]

For Nifty, 22 companies have declared their Q2 FY 19-20 numbers till 23rd Oct 2019. Below table shows brief analysis of how those numbers stand on PAT (Profit After Taxes) and PAT Margins basis. Of 22 companies, only 5 Companies saw decline in their profit margins since Dec 18 quarter. Of which Wipro and HCL Tech […]

Jubilant FoodWorks’ Q2 results were better than expected. Even though profits fell by 2.2% YoY on account of one-time provisioning for investments, operating revenues grew by 12.1% YoY and EBITDA margins were higher by 50 basis points. The biggest winning point was the same-store sales growth which stood at 4.9% on an already higher base. […]

Carefully read below two points: Stock prices fall by 58% but market capitalization goes up by 4.44% over a period of 4 years. Book Value Per Share falls by 59% but the overall Net Worth increases by 2.4% over a period of 4 years. Sounds insane right? And how is that even possible? Some of […]

Bajaj Auto Ltd, India’s second-largest motorcycle manufacturer, today announced the launch of its electric scooter — Chetak. This will be Chetak’s second innings in the scooter segment, almost after a decade’s gap. Bajaj stopped manufacturing traditional scooters around 2009 in order to focus on motorcycles and it has been working on this electric scooter for over […]

Does the Price to Earnings (P/E) ratio really give us any indication as to whether a stock is under/overvalued? Several interpretations can be made from observing PE: It shows the number of years over which the company needs to sustain its earnings so as to make enough money to pay back the current share price […]

Looking for long term investment? One of the ways is to look through P/E ratio. Here is the list of companies which delivered good results in the last four quarters and where current P/E is running below its 3 year’s average P/E. Applying similar rational to the banking companies, list contains banking stocks where, these […]

How to identify if the stock you chose to invest is available at a bargain price? Answer to this question is no easy task. However, once you have established after a through research and understanding that the business is sound and will yield good returns, the question to ask is whether that good business is […]