There were five Mondays in the month of July and call it coincidence or purely incidental markets gained on each of the five Mondays. That by itself was not a big achievement but the fact that 85% of the monthly gains on the SENSEX and 65% on the NIFTY came on these five Mondays cumulatively. […]
Archive for the ‘Analysis’ Category
Crompton Greaves: Below expected results, Insider Trading feelings, Aircraft purchase –DISASTER
July 24th, 2011
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Crompton Greaves Limited declared results for the June quarter 2011 and what followed was a disaster. The share price which was Rs 242.10 at the close of Monday the 18th of July crashed in the next two days to Rs 176.95, a fall of a staggering Rs 65.15 or 26.9%. The share recovered to close […]
Inventure Growth & Securities IPO: Unrealistic valuations being demanded
July 17th, 2011
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Makes sense to avoid the issue and invest in listed entity MotilalOswal or Edelweiss instead Inventure Growth & Securities Limited (IGSL) is tapping the capital markets with its IPO for 70,00,000 shares in a price band of Rs 100-117. The issue opens on Wednesday the 20th of July and closes on Friday the 22nd of […]
