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Showing posts from January, 2018

Cement Sector to Get a Boost in the 2018 Budget?

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Cement Sector to Get a Boost in the 2018 Budget? Like the BSE Healthcare sector, Cement stocks struggled last year. As of March 2017, the capacity utilization was 75% out of a total available capacity of 375 million tonnes. This excess capacity led to intense competition. As a result of this, cement prices were down. Then the Supreme Court banned the use of petcoke in areas around New Delhi including Rajasthan, Uttar Pradesh, and Haryana. This is a higher pollutant alternative to coal. Cement producers prefer petcoke over coal because it had a better quality and price. More than 70% of the fuel requirement in the cement sector is met through petcoke. Coal isn't just expensive, it is difficult to procure in adequate quantities. This shift from petcoke to coal is likely to result in a 15-20% increase in cost. The cement sector is looking at the 2018 budget in February with a sense of optimism. The Indian Property market has been on a downtrend in India in the past f

Will 2018 Bring Any Relief to Struggling Pharma Companies?

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Will 2018 Bring Any Relief to Struggling Pharma Companies? While the implementation of GST did cause a disruption among the unorganised players, there was one sector which has underperformed regardless. The BSE healthcare index was the worst performing sector in 2017. In fact, the sector has under-performed over the past three years. While 2018 earnings of pharma companies are expected to be better considering the low earnings base in 2017, certain challenges still remain. Valuations of Top Pharma Companies Still High The valuations of the top five companies by market capitalization on BSE healthcare tell a different story though. Average Price to Earnings Ratio of the top five companies stands at 36. Considering the headwinds these companies are facing, it certainly seems rich. An improved earnings performance in 2017 will certainly get these valuations to reasonable levels, provided the share price remains the same. But, the headwinds for the sector still e

PACL ponzi scam case: ED attaches Rs 472 crore assets

The ED had registered a criminal case against the firm in 2015 based on a CBI FIR against the group, its directors and officials The Enforcement Directorate on January 8, 2018, said it has attached assets worth Rs 472 crore, including one in Australia, in connection with its  money laundering  probe in the  PACL   ponzi   scam  case. The ED had registered a criminal case against the firm in 2015 based on a CBI FIR against the group, its directors and officials. "Properties worth Rs 472 crore have been attached under the Prevention of Money Laundering Act (PMLA) in PACL ponzi scam operated by  Nirmal Singh Bhangoo . The properties include MiiResorts Group 1 Pty Ltd and Sanctuary Cove properties in Australia," it said. PACL is being probed by multiple agencies. Earlier, capital markets regulator SEBI had found it to have collected money from crores of investors allegedly through unauthorised collective investment schemes, also called ponzi schemes, in the name of real estate

Investing tips..

Investing tips.. जब आप किसी Co. मे. Invest करें, तो ये पहले जाने कि Company का Business Model क्या हैं। Visit Profile section on Company official website. If you are convinced about company's Future Growth त़ो आप निम्नलिखित parameter पर गौर करें। 1. Market Cap > 250Cr (Operators Play: In Low Market Cap Company, Stock Price may be manipulated easily) - एक नये निवेशक के लिए छोटी Company मे invest करना Risky हो सकता है। 2. Face Value of share =Rs. 10, (Ideal One) 3. Price-to-Earning Ratio : PE below 17 is providing You safety of Margin. 4. (PE < Industry PE) 5. Promoter Holding >51% (above 65% is Treated as a Good ) - ये दिखाता है कि Promoter का अपनी company मे कितना भरोसा है। 6. There shouldn't any Pledged Share by Company Promoters. 7. Earning per Share (EPS) Should be Good. - एक share पर कँपनी की कमाई कितनी हो रही है। 8. If PEG (Price Earning/Growth Ratio) is in between 0 & 1, The. It's good to invest. 9. Book Value shows the Actual price

Mutual fund top picks as on today

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Mutual fund top picks *LARGE CAP* SBI BLUE CHIP ABSL TOP 100 MOST 25 motilaloswal Idfc focused equity *MULTICAP* ABSL EQUITY MOST 35 multicap Mirae OPPERTUNITIES Franklin high growth Kotak select focus *MIDCAP* ABSL small and midcap Mirae emerging BLUECHIP Canara Emerging equity IDFC STERLING EQUITY *Value baseD MIDCAP* L&t Value ABSL pure value TATA PE FUND *SMALL CAP* Reliance small cap L&t Emerging Business Franklin smaller companies *Tax saver* DSPBR TAX SAVER RELIANCE TAX SAVER ABSL TAX RELIEF 96 L&T TAX ADVANTAGE *BALANCED FUNDS* HDFC BALANCED L&T PRUDANCE ICICI BALANCED