In your interest.
Online Personal Finance Magazine
No beating about the bush.
A high figure of depreciation, which is a non-cash charge, can distort the net profit figure. Adding it back gives us cash accrual data, using which we have zeroed in on three stocks. Analysis by ML Research Desk
One of the classic ways to figure out whether a stock is cheap or not is to check how much cash the company is generating. The best method to do this is to find out the free cash...
Infotech is set to get back on the growth path
Infotech Enterprise provides a variety of services, like geographic information system (GIS) and engineering designs, for clients like Pratt & Whitney, Tele Atlas, Bombardier, etc. In 2008-09, it acquired a design company called Time to Market. This was supposed to enhance its presence in hi-tech industries. Recently, Infotech Enterprises...
Century Enka’s margins may be come under pressure but the stock remains reasonably priced
Century Enka makes polyester yarn (47% of revenues), nylon yarn (24%) and nylon tyre-cord (27%). Its presence across multiple segments insulates it partly from business cycles. But these products are commodities and Century is vulnerable to volatility of petrochemicals-based raw material prices,...