Archive | Company Reports RSS feed for this section
HDFC Life IPO : Higher share of traditional policies but stretched valuations

HDFC Life IPO : Higher share of traditional policies but stretched valuations

Issue Date: Nov 7, 2017 – Nov 9, 2017 Face Value: Rs 10 Per Equity Share Issue Type: Book Built Issue IPO Issue Size: (Rs Crore) 8245-8695 Price Band: Rs 275 – Rs 290 per equity share No of Shares on Offer: 29.9 crore (QIB 50%, Non-Institutional 15%, Retail 35%) Market Lot: 50 Shares Minimum Order Quantity: 50 Shares Listing At: BSE, NSE About the company HDFC Standard Life Insurance Company Ltd (HDFC Life), incorporated in 2000, is Mumbai based life insurance provider. It is a joint venture between HDFC and Standard Life Aberdeen plc. It offers a wide range of individual and group insurance solutions including Protection, Pension, Savings & Investment and Health, along with Children’s and Women’s Plan. As on Sept 2017, its product portfolio comprised of 32 individual and 10 group products as well as 8 optional rider benefits. It sells policies through its own branches, Insurance […]

Read more
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?

Read more
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?

Read more
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.

Read more
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?

Read more