In your interest.
Online Personal Finance Magazine
No beating about the bush.
The market share of the Bombay Stock Exchange (BSE) is declining but its 30-share sensitive index, the Sensex, has remained extraordinarily popular and is considered the market benchmark. However, Pune-based technical analyst, Deepak Mohoni, has staked copyright claim on the word ‘Sensex’ which he claims is his coinage. One assumes that the coinage may lose its relevance if it is de-linked...
The biggest corporate story in recent times was the sudden sale of Ranbaxy on 11th June to Daiichi Sankyo of Japan. The stock hardly reacted at all to this bombshell and closed at Rs561. Apparently, there was no more value left to extract, even though the Sensex was up nearly 300 points that day. Now, recollect 10th June when the Sensex fell 500 points. On that day, Ranbaxy was one of a...
While on tip-sheets, a reader has sent this interesting case pertaining to the liquor company Khoday India which produces brands such as Peter Scott. The company had a net loss of Rs5.2 crore in FY06 and a net profit of Rs11.5 crore in FY07. In late April, a report by the Atherstone Institute of Research (copy available with us) was reproduced by several web-based investor forums and Internet...