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BHEL announces a 1:1 bonus

BHEL has now announced a 1:1 bonus – that means one for every share you own. The record date is June 1, 2007. Post June 1, the share price will drop by ...

I am a stupid investor

I mentioned in my last post that I bought a Put option on Tata Steel. Now notice how much the 510 put option has fallen today. From Rs. 12 at yesterdays close ...

Tata Steel and the Corus buyout structure: Not Worth It

Tata Steel (Tisco) revealed how it will fund the Corus Acquisition ($12.9 billion, or 52,000 crores). Out of this, Tata Steel will provide $4.1 billion (Rs. ...

Stock Update: Balaji Telefilms

I recommended Balaji Telefilms on Aug 26, 2006 at Rs. 118, and reviewed it to a target of Rs. 175 within a year. The price is now Rs. 161 and the company gave ...

Infosys Fourth Quarter Earnings Analysis

From it’s fourth quarter results, Infosys made profits of Rs. 1,144 crore in the fourth quarter versus 983 crore in the previous year, a growth of 16.38% ...

Stock Update: BHEL

On April 3, I recommended that you buy BHEL on stellar results. What’s happened in the last few days has prompted me to propose an update. The stock ...

Stock Idea: BHEL

BHEL just announced its results for 2006-07. Highlights: Revenue: 18,702 cr. (up 29%) Net Profit: 2,385 cr. (up 42%) EPS: Rs. 97.4 (42%) They want to target ...

Mindtree has listed, and cost of IPO funding

Mindtree solutions has listed today on the NSE. (See my IPO analysis). It turns out that the issue was phenomenally oversubscribed (100 times) and the ...

Mindtree IPO Analysis

Mindtree Consulting is offering shares in an IPO between 9th and 14th Feb 2007. The offer is for around 56 lakh shares, of which about 6.6 lakh shares are ...

Firstsource IPO Update

An update on the Firstsource IPO: Today’s Feb 2, the last date to apply for the IPO. What’s the situation? From NSE’s Firstsource IPO page, ...