In your interest.
Online Personal Finance Magazine
No beating about the bush.
We believe that Indian media companies are generally overvalued; hence we have refrained from suggesting investing in media stocks. The steep upward movement witnessed in the stock prices of NDTV (a fundamentally weak stock) or HT Media (which has reported great performance recently) may give the feeling that we have been ultra-conservative. If you do not have a media stock in your portfolio and...
Other income has powered corporate India’s profits to a great extent
An all-pervasive fear psychosis seems to have gripped markets across the globe after the US subprime crisis and India has been no exception to this. Though many believe that the crisis is limited to the over-leveraged US and European markets, a contagion like effect is not far from reality. At a time when extraneous factors...
Kalyani Steels, a part of the Kalyani Group, is a small speciality steel producer. The company has a 42% production-sharing stake in a 0.4mn tpa steel plant in Hospet, Karnataka, with Mukand. There are three aspects of Kalyani Steels’s business that deserve attention.
Core Business: Kalyani Steels is not into the commodity steel business. The plant makes carbon and alloy steels for the...