Onmobile’s IPO is worth a long-term bet

Among the IPOs that are flooding the market, it is worth looking at Onmobile which is planning to raise some Rs500 crore. It is in an interesting company. Onmobile’s software expertise is behind the value-added services that the telecom operators offer you. The business has a huge growth potential. Here is our analysis.

Business: Onmobile provides...

Introducing a new section that will analyse select new issues. Debashis Basu analyses two new offerings

Auto component companies have disappointed the market. They have not been able to garner significant new export business and their local business has been at the mercy of automakers who have squeezed them badly, as their own businesses have come under pressure. Even top autocomp companies,...

Investors, who can pick the right stocks at the beginning of the year, stand to make good gains in the months ahead. But it is not just the right stocks that matter; they have to be picked at the right time. After all, Warren Buffett dropped a billion dollars in 2005 because his bet about the falling US dollar was wrongly timed. That is the pitfall we have attempted to avoid while...