In your interest.
Online Personal Finance Magazine
No beating about the bush.
As many as 16 stocks have been downgraded to B
A range of decisions helped public sector banks face the tornado that hit Indian equity markets last fortnight. The cut of CRR by 250 basis points, raising interest on several categories of foreign deposits to attract foreign money and the positive outlook given by rating agencies helped Bank of India and Punjab National Bank rise 4%...
There were more losers than gainers amongst our momentum stocks. Nestle doubling its investment was the only good news in an otherwise bleak scenario.
Among the momentum stocks, three of our A-grade stocks have fared well. Hero Honda, up 8%, remained the top performer during the fortnight. Hindustan Unilever went up 5%; Kohinoor Foods remained flat.
Among the worst...
HBL Nife makes batteries and DC systems. Fortunately, HBL has focused on industrial batteries and avoided getting into automotive batteries that are facing a slowdown, thanks to sluggish car sales. Industrial batteries have an obvious market due to the growing power shortage. It is the market leader in VRLA (valve regulated lead acid) and NCPP (nickel cadmium pocket plate) batteries. A big...