In the first part of the series, ‘How to identify a right stock’, we spoke about the ‘Value Creation Index’, how it is calculated and why it holds so much importance in identifying a right stock, consequently leading to a good investment decision. Apart from VCI, there are various financial parameters, which come handy in gauging the financial strength of the company. This part of the series deals with a set of financial parameters that you must evaluate to know whether a stock is really ‘Right’ or not. Why are Financials so important? But, before we proceed, let’s try to find out why we need to look at financials at all. Financials have been and will continue to form the biggest chunk of a company’s evaluation as, all said and done, what makes or breaks any business is the bottom-line. That, in the end, is truly indicative of the company’s […]Read more
P/E ratio is one of the most popularly used and talked about valuation ratios. It also comes across as a very simple ratio to calculate. However, one often tends to miss the fact that the P/E ratio incorporates several fundamental factors.
Also, the P/E ratio should never be used in isolation, one should ideally analyze it with respect to comparable companies’ P/E ratios and the markets’ P/E.
So, how does one go about doing the same? And what does this ratio exactly tell us? Let’s find out….Read more
Do you usually skip pages titled ‘Stocks’ while reading any financial news daily? Do you also find the columns of data difficult to comprehend? Are you one of those who wonder what use you could put this information to?
So, let’s go through the reams of data available in the ‘Stocks’ section and try to make sense out of it!Read more
Most of us know that investing in stocks is the only way to beat inflation!! But the dilemma that surrounds the common man is what stocks to invest in? Too much information is available and we often end not knowing whom to believe! The financial jargon just gets too complicated. And more importantly, who has the time, given our busy schedules! In this article prominent blogger Deepak Shenoy writes about the ‘Art of Picking Stocks’, helping us with this problem.Read more
The IPO of Coal India has already tasted sweet success on the bourses. It is now time for another IPO; this time of a mini navratna company, Manganese Ore India Ltd (MOIL). Manganese Ore India Ltd (MOIL) is India’s largest producer of manganese ore. It fulfills about 50% of the total requirement of manganese ore in India.
The price band for the initial public offering has been fixed at Rs. 345- Rs. 370. A further discount of 5% on the final issue price will be given to retail investors and MOIL’s employees.
So, what should be your action on the MOIL IPO?