Firstsource has acquired MedAssist for $330 million. Few salient points: MedAssist makes about $100 million in revenue 22-24% EBIDTA margins, so EBIDTA is $24 ...
India is the world’s largest single stock futures market, according to an article in FT. Meaning, nowhere else in the world do people trade stock futures ...
BHEL reached a sell trigger today. It’s currently priced at Rs. 1650. After my last call to book 1/4 profits at 1700, the stock rose steadily to nearly ...
SRF has announced its first quarter FY08 results. They are lousy, with a 31% drop in profits. Even sales of CERs have shown a decline. They COULD have done a ...
The Infosys results for Q1 FY08 are out. Not very surprisingly, the guidance for FY08 has been downgraded, and results are a bit disappointing. Some notes: ...
Bharat Earth Movers Limited (BEML) has an ongoing follow on public offer for: Size: 49 lakh shares Post issue equity: 4.164 cr. shares EPS (Year ended March ...
ICICI Bank’s mega issue is fully subscribed on its opening day. According to NSE’s web site here are the stats (19/6/07): Institutions have already ...
DLF has priced its IPO at Rs. 525, which is Rs. 25 short of the higher end of the book building band. This issue is likely to list in July, and will see sure ...
