When a company first comes to the market in its initial public offering, it can generate a great deal of interest from investors, making it an attractive time to invest, but in general, the question arises whether it is safe to invest in a company at IPO will depend on the perception of its market value. Typically, the IPO is the only time at which the share value of a … [Read more...]
Investment Ideas For Beginners
The economy is failing, companies are collapsing and the increased volatility of the stock market seems to have made all of the best stock trading strategies redundant. stock trading is becoming more and more risky by the minute. The media will tell you ‘putting all of your financial eggs in one basket is a dangerous’ and the ’stock options trading is too risky’ and ‘forex … [Read more...]
STOCK UPDATE :Infosys Technologies
Infosys Technologies Cluster: Evergreen Recommendation: Hold Price target: Rs2,505 Current market price: Rs2,323 Infosys BPO to acquire McCamish Infosys BPO Ltd, a subsidiary of Infosys Technologies (Infosys), has entered into a definitive agreement with McCamish Systems LLC (McCamish) to acquire all of its outstanding interest. Infosys would pay USD38 million as upfront … [Read more...]
Stock update :Patels Airtemp India
Patels Airtemp India Cluster: Emerging Star Recommendation: Buy Price target: Rs94 Current market price: Rs68 Better operating performance boosts profits Result highlights Patels Airtemp?s net sales in Q2FY2010 declined by 7.5% yoy to Rs20.3 crore on account of lower commodity prices and lesser trading of goods. The operating performance was spectacular with the … [Read more...]
STOCK UPDATE :BASF india
BASF India Cluster: Ugly Duckling Recommendation: Buy Price target: Rs390 Current market price: Rs343 Price target revised to Rs390 Result highlights BASF India?s stand-alone Q2FY2010 performance is in line with our expectation. The net profit for the quarter came in at Rs34 crore, up by 30.3% year on year (yoy), as compared with our estimate of Rs34.7 crore. The … [Read more...]