Bajaj Auto is a zero-debt company, in the much sought-after consumer products business, with high margins and high return on capital. Its bikes thrill the user with speed, smooth handling of curves and a safe ride over road-bumps and potholes. The stock has all the ingredients of a blue-chip;...
In what could end up as one of the biggest bailouts in the financial sector, Life Insurance Corporation of India (LIC) is stepping in to “take charge of” Infrastructure Leasing & Financial Services (IL&FS), an unlisted infrastructure behemoth with scores of complex subsidiaries, some of which are listed and a giant load of debt, the full details of which are not easily available in the public domain
Given a choice between a stock that is liquid but likely to grow less and a stock that isn’t highly liquid but would grow exponentially, large-cap and multi-cap schemes of mutual funds (MFs) prefer liquid and large-cap stocks over stocks that would see higher growth
The Sensex and the Nifty rose 2% each during the week. ML Large-cap Index and ML Mega-cap Index advanced 4% each, while ML Mid-cap Index and ML Micro-cap Index advanced 5% each. ML Small-cap Index went up by 6%.