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Company Shastra – Indian Bank Ltd.

Company Shastra – Indian Bank Ltd.

Indian Bank is a mid-sized public sector bank with major presence in South India. In fact it derives 42% of its growth from just one state, Tamil Nadu. It has been a consistent performer for the past ten years and can boast of ratios higher than industry averages.

However, the last one year has seen the NPA increasing from 0.53% to 1.33%.

Will the increasing NPA and focus on the southern region hamper its growth?

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Company Shastra – Sterlite Industries Ltd.

Company Shastra – Sterlite Industries Ltd.

Sterlite Industries ltd. – a stock that has been talked about a lot in the recent past given the announcement of its merger with Sesa Goa, making it a diversified commodity conglomerate. This Vedanta group restructuring will definitely simplify the complex group structure and thus improve access to the group’s cash by reducing cross holdings amongst the group.

However, many have also raised concerns over the fairness of the deal. Also, concerns over slowdown in demand from China, the world’s largest commodity consumer and corporate governance issues plaguing the company continue to remain a drag on the stock.

Considering all this should you invest in the stock?

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Sterlite Industries and Sesa Goa merger – What’s in store for the investors?

Sterlite Industries and Sesa Goa merger – What’s in store for the investors?

London-listed Vedanta Group’s proposal to merge subsidiaries Sterlite Industries with Sesa Goa has kicked up quite a storm on Dalal Street. While group chairman Anil Agarwal maintains the proposal is pro-investor, industry experts are still divided on the new entity Sesa Sterlite. Though some have given the merger a thumbs up, saying investors are likely to benefit in the long run, others have questioned the fairness of the deal which seeks to dump $5.9 billion of Vedanta Aluminum’s debt on to the new entity. A few have, however, said that portions of the merger work.

MoneyWorks4me.com has done an analysis to find out what does this merger actually mean for the company and for the investors.

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Reliance Industries Ltd. buyback offer – Should you participate?

Reliance Industries Ltd. buyback offer – Should you participate?

The much talked about Reliance buyback offer finally starts today! The markets have reacted positively to this news and have sent the share price soaring for the past few days. But, buybacks need not always be good news. At times they can be used for purposes not in the interest of shareholders.

So, does this buyback offer provide you a good opportunity? And should you participate in it?

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Company Shastra – ACC Ltd.

Company Shastra – ACC Ltd.

ACC Ltd. has been a pioneer and trendsetter in cement and concrete technology in India. Its pan india presence, alongwith a marketshare of 10.83% provides it with economies of scale. Increasing margins and an efficient working capital management present a rosy picture. Also, ACC has a unique track record of innovative research and product development making it one of the most preferred brands of cement in India.

However, the oversupply situation in the cement sector may result into falling demands for the company. This alongwith rising input costs will negatively affect the company’s margins.

Considering this, should you invest in the company?

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