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Live: Indo Asian Fusegear – 2x More Cash Than Market Cap?

Update 11 Jul 2011: “Market” Buyback at Rs. 130 per share In a board meeting, Indo Asian Fusegear has decided to buy back shares at a price upto ...

Northgate: Nearly Destroyed, Rs. 14 Now

Once in a while I look at stocks I’d written about and check how they’re doing now. A quick check on Northgate Technologies after a mail from ...

HDFC Bank EPS up 26%, Stock will split 5:1

HDFC Bank announced results for Q4 FY 2011 (March 2011) with the Year-end EPS at close to Rs. 84, which is about 26% higher than last year. The quarter itself ...

INFY Results Hugely Disappoint, But WTF?

Infosys announced results today and the markets are not happy, with the stock down severely. I don’t think the results are necessarily worse than ...

A Short Take on DLF (Link)

In a recent Conversations piece, I spoke with Ramki about a few stocks, and in them was DLF. There has been a dangerous upmove in DLF since (and we were ...

Indian Private Banks – Most Expensive in Asia

A CLSA report I got by email recently had this graph which stunned me:   Sure, some of our biggest private banks (HDFC Bank, Axis) are actually growing ...

Continuous Positive Days

If the Nifty closes positive today, it will be the sixth consecutive day it has closed up. Does this usually signify a turnaround? The answer can only be ...

IPOs Largely Suck in 2010-11

The performance of IPOs in 2010-11 has been fairly pathetic, with the average return being -13% on the NSE. Removing BSE only stocks, I’ve charted a list ...

SBI Bond Yield Calculator

SBI’s four bonds listed today. First question: Why are there four bonds? Well, each of the two types – 10 and 15 years – had two options: for ...

Jyoti Structures: NCD + Warrants Tradeable, Worthwhile?

Jyoti Structures recently offered a rights issue of Non Convertible Debentures (NCDs) and Warrants to its shareholders. See: Letter of Offer NCDs Redemption ...