Market Outllok 03-01-2012

-

Mkt. has moved smartly on tuesday. Piramal Health looks good for short term.

Comments

Post a Comment

Popular posts from this blog

-
3 MYTHS CLIENTS HAVE ABOUT RETIREMENT PLANNING Majority of Indians do not start saving early for retirement or build a sizeable corpus. Since the average life expectancy is around 65-70 years, they have the perception that they won’t need lots of funds in retirement. As a result, clients continue to concentrate on other financial objectives such as child’s education, marriage, buying a house etc. Listed below are few myths clients have about retirement planning and how financial advisors can explain the reality to them: 1. Sticking to fixed income products in retirement Retired investors prefer a less risky portfolio because they believe they won’t be able to handle the instable nature of equity funds. Thus, they invest all their money in fixed income funds. Markets are undoubtedly volatile, but selecting a single asset category can be riskier owing to rising life expectancy. Interest earned from fixed income products alone won’t be sufficient to take care of living
Read more

IPO note- Prince Pipes and Fittings.Ltd

-
Dear Sir/Madam, Prince Pipes and Fittings. Ltd is a well-known, leading manufacturer of pipes and fittings in India in terms of the number of distributors with over 30 years of industry experience. The company markets its products under two brand names: Prince Piping Systems and Trubore. The products have varied application in plumbing, irrigation, and soil, waste and rainwater management. Company Highlights The revenue from operations for Fiscals 2017, 2018 and 2019 was Rs 1,330.0 crore, Rs 1,320.5 crore and Rs 1,571.8 crore, respectively, representing a CAGR of 8.7%. The revenue from operations for the three month period ended June 30, 2019 was Rs 3,79.7 crore.  The profit before tax for Fiscals 2017, 2018 and 2019 was Rs 95.9 crore, Rs 95.1 crore and Rs 111.4 crore, respectively, representing a CAGR of 7.8%. The profit before tax for the three-month period ended June 30, 2019 was Rs 33.9 crore  Profit for the year for Fiscals 2017, 2018 and 2019 was Rs 74.1 crores, Rs 72.7
Read more