Stocks
Supreme Infrastructure: Concrete realities

The financial performance of Supreme Infrastructure is extraordinary and one wonders how the company is able to pull this off in a capital-intensive business with irregular project cycles

Supreme Infrastructure is a rare infrastructure company doing very well. Construction of roads, buildings, power and water projects are the key revenue sources. It claims to have sufficient business...

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Rising wage bill

Shriram City Union Finance rocketed 17%, Bajaj Auto rose 1%, while Jindal Steel and Power fell 7%

 
Gainers: Shriram City Union Finance, provider of loans for new & pre-owned three- and four-wheelers as well as gold loans, has rocketed 17%. Bajaj Finance, saw its total income, for the three months ended June 2012, rise to Rs703 crore, up 56%, from Rs452 crore for the same period...
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Will cement get unstuck?

Cement companies are contesting the CCI order and investors have hardly skipped a beat. Prudence requires that you avoid at least the expensive cement stocks

 
In this issue of Popular Picks, some cement companies feature, namely, ACC, Ambuja Cement and Madras Cement. All three are good companies, but Madras Cement is what we really like, given that it has excellent management and...
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