The direct to digital release of Ayushmann Khurrana and Amitabh Bachchan starrer – Gulabo Sitabo due to Covid-19 created some flutters in the multiplex industry, as the stakeholders were worried that this could set a new-trend for more movies in the long-run as well. Basis the news, the PVR and INOX leisure stocks further corrected […]
What are Gilt Funds? Gilt Funds invest in Securities which are issued by Reserve Bank of India on behalf of Government of India. Securities are also issued by State Government which are also considered to have an implicit sovereign guarantee. What are the features of Government Bonds? The Government bonds are considered to be the […]
The Government’s decision to raise INR 12 lakh crore through market borrowings in fiscal 2021 will have a major impact on the debt markets on Monday (11th May 2020) and curb the uptrend in rising Government bond prices. The high borrowings may lead to sell-off in existing bonds and gilt funds (funds which invest in […]
ITC’s Businesses The FMCG Business includes the Cigarettes segment and the branded FMCG products segment (Staples, Biscuits, Snacks, Noodles, Confectionary, Ready to Eat, Juices, Dairy, Chocolate) ITC’s Product Portfolio Shareholding Pattern (As of March 2020) Source: Company Filings High Free Float will continue to lead to high trade volumes and significant price movement in the […]
Coromandel International Limited (“CIL”) is in the business of Fertilizers, Specialty Nutrients and Crop Protection. The Company manufactures a wide range of fertilizers in the non-urea (also called complex fertilisers) segment with major presence in Andhra Pradesh and Telangana. The company markets the products through brand “GROMOR”. The Crop Protection business produces insecticides, fungicides and […]
Average ROCE vs Average Operating Margin Size of the bubble indicates revenue Colour of the Bubble indicates revenue growth during fiscal 2016 to fiscal 2019 Red: Negative growth; Yellow: 0-5%; Green: Above 5% Source: Company Reports Gearing and Average ROE for Players The acquisitions by Lupin during 2016 and 2017 led to high leverage for […]
There is never a good time for any country to be suffering a pandemic, however the current Covid-19 pandemic could not have come at a worse time for the Indian Economy. Even as the Government was trying to navigate the economy through a period of slowdown in economic growth, credit squeeze in the banking system, […]
Coronavirus Pandemic has induced a steep correction in equity markets over the globe during the last few weeks. Except China, all the global markets are witnessing a steep sell-off and the situation is not expected to get better over the course of next few weeks. However, many long-term investors with a 10-year timeframe are using […]
Nifty 50 and Sensex are the two-most popular Indices in India for tracking equity market benchmark performance. Further, the index comprises of blue-chip stocks and various market leaders in India Inc. Therefore, an investor might look to own all stocks constituting the index through investment in Index funds rather than owning individual stocks. This will […]
IL&FS fiasco was arguably India’s Lehman Moment. It has now been 18 months since the turmoil began in India’s financial system, and the economy is still struggling to find its feet. Though the repercussions on the overall financial system was less contagious compared to the 2008 economic meltdown in the US, the elephant in the […]