Indian Hotels Company Cluster: Apple Green Recommendation: Buy Price target: Rs100 Current market price: Rs85 Price target revised to Rs100 Key points Hotel occupancies across the key domestic markets including Mumbai, Delhi and Bangalore went up in Q2FY2010 as compared with Q1FY2010, which is quite surprising because the second quarter is normally dull for the hotel … [Read more...]
Archives for 20/11/2009
Stock Update ; Sun Pharmaceutical Industries
Sun Pharmaceutical Industries Cluster: Ugly Duckling Recommendation: Hold Price target: Rs1,491 Current market price: Rs1,415 Price target revised to Rs1,491 Sun Pharmaceutical Industries (Sun) has announced three abbreviated new drug application (ANDA) approvals (two final and one tentative) in the past one week, citing a relief on the core business front. The … [Read more...]
Calculate your Interest Rate Using Present & Future Value
When you are considering an investment, you want to know what rate of return an investment will give you. Some investments promise a fixed cost and a fixed payment at some point in the future. For example, a bond may cost $500 with the promise that $700 will be repaid 10 years in the future. Another bond may cost $600 with the promise that $900 will be repaid 15 years in the … [Read more...]