Company Background – History – Sanghvi Movers Limited was incorporated as a Private Limited Company under the Companies Act, 1956, on 3rd November 1989 and subsequently converted into a public limited company on 2nd November 1994 by passing a special resolution in the extraordinary general meeting held on 1st October 1994. Business – Sanghvi Movers… Continue reading VALUE PICK MAY ’17: SANGHVI MOVERS LIMITED
IPO: Housing And Urban Development Corporation Limited (HUDCO)
Government owned Housing and Urban Development Corporation Limited (HUDCO) is planning to raise about Rs. 1225 Crore through an initial public offering (IPO). Company Background Started in 1970, Housing and Urban Development Corporation Limited (HUDCO) is a fully-owned Government undertaking with over 46 years of experience in giving loans for urban infrastructure and housing projects… Continue reading IPO: Housing And Urban Development Corporation Limited (HUDCO)
IPO: S Chand and Company Limited
New Delhi-based education publishing house S Chand and Company Limited is planning to raise about Rs. 728 crore through an initial public offering (IPO). The company plans to raise up to INR 300 crore by issuing fresh shares. The IPO will also include 6,023,236 shares to be sold under the Offer for Sale (OFS) route.… Continue reading IPO: S Chand and Company Limited
Mutual Funds: All You Need To Know About It
Nowadays you are hearing more and more about mutual funds as a means of investment (Mutual Funds Sahi Hai is the most recent advertisement you may have come across – an investor education initiative powered by Association of Mutual Funds in India). If you are like most other individuals, you probably have most of your… Continue reading Mutual Funds: All You Need To Know About It
LEASING & HIRE PURCHASE Sector: Q3 ( Oct – Dec ’16 ) Results and Analysis
FINANCE – LEASING & HIRE PURCHASE Sector: Q3 was fantastic as far as LEASING & HIRE PURCHASE sector is concern. Almost all the companies have shown strong performance in the quarter. For the numbers, the profits of the companies were UP in the range of 11% to 117%, while revenues were up in the range between… Continue reading LEASING & HIRE PURCHASE Sector: Q3 ( Oct – Dec ’16 ) Results and Analysis
Value Pick April ’17: GeeCee Ventures Limited
Company Background – History: GeeCee Ventures Limited was incorporated on February 14, 1984, as a private limited company with the name Shubham Aromatics Private Limited. On October 1, 1985, the company was converted into a public limited company and consequently, the name of the company was changed to Shubham Aromatics Limited. The Promoters of the… Continue reading Value Pick April ’17: GeeCee Ventures Limited
FMCG Sector: Q3 ( Oct – Dec ’16 ) Numbers and Analysis
FMCG Sector: Q3 was not so good and not so bad for the FMCG sector. Demonetisation has played a role in the show. Coming to the numbers, the profits of the companies were up between 3% to 19%, while revenues were almost flat. Dabur and Colgate showed poor performance in Q3, where these 2 companies… Continue reading FMCG Sector: Q3 ( Oct – Dec ’16 ) Numbers and Analysis
RBI Monetary Policy Meet: What to Expect This Time
The Reserve Bank of India (RBI) will meet on 5th and 6th of April 2017 to review monetary policy. What to Expect From RBI More or less, RBI is expected to stay mute on the rates in its upcoming monetary policy because of the rise in inflation rate – both wholesale as well as retail.… Continue reading RBI Monetary Policy Meet: What to Expect This Time