Tyre Sector: Q1 ( Apr – Jun ’17 ) Numbers and Analysis


TYRE Sector: Q1 was a challenging rather disappointing quarter for almost all the tyre manufacturers due to the GST impact and peak RM prices. Both these factors have hit tyre companies top-line and bottom-line badly. As far as numbers are concern, the profits of the companies were down in the range of 46% to 99%, while revenues were up marginally in the range between 2% to 7%. Market leader MRF has posted a decline in profits (drops by as many as 63% compared to previous quarter) while

RBI MONETARY POLICY: WILL THERE BE A RATE-CUT THIS TIME?


The Reserve Bank of India (RBI) will meet on 1st and 2nd of August 2017 to review monetary policy. What to Expect From RBI MONETARY POLICY As the Reserve Bank of India (RBI) is all set to meet for its bi-monthly Monetary Policy in the first week of August 2017, the market participants have been wondering if RBI chooses to cut the benchmark interest rate. There seem to be numerous good factors for the interest rate cut. India CPI (Consumer Price Index) inflation data came down to 1.5% for

Cochin Shipyard Limited IPO – Company Profile, Price Band, IPO Listing and Closing Date, Analysis


Cochin Shipyard Limited - India’s largest public sector shipyard is planning to raise Rs. 1454 Crores via initial public offer (IPO). Cochin Shipyard Limited - Company Profile Incorporated in the year 1969, Cochin Shipyard Limited is one of the largest public sector shipyards in India in terms of dock capacity, according to CRISIL Report. The company operates a shipyard that provides (1) shipbuilding and (2) ships/offshore structures repair services. Working Area Cochin Shipyard's

Salasar Techno Engineering Limited Zoomed On Listing


Salasar Techno Engineering Limited zoomed on listing. The share closed higher by 151.95% at Rs 272.1 per share in Tuesday’s trading session on BSE. The stock was offered at Rs 108 per share. It touched an intraday high of Rs 272.10 and closed at the same level when the market ends. This IPO consisted of issuing equity shares of face value of Rs 10 each for cash, comprising of a fresh issue of equity shares aggregating up to Rs 35.87 Cr and an offer for sale of up to 3,321,000 equity shares by

Security and Intelligence Services (INDIA) Limited IPO – Company Profile, Price Band, IPO Listing and Closing Date, Analysis


Security and Intelligence Services (India) Limited - An ISO 9001:2008 Company [popularly known as SIS] - India’s second largest security services provider is planning to raise Rs. 362.25 Crores via initial public offer (IPO). Security and Intelligence Services (India) Limited - Company Profile Incorporated in 1985, The SIS Group is India’s second largest security services provider and Australia’s joint largest security service provider with a comprehensive suite of security and business

Salasar Techno Engineering Limited IPO – Company Profile, Price Band, IPO Listing and Closing Date, Analysis


Salasar Techno Engineering Limited - a leading provider of Steel Solutions in India is planning to raise Rs. 35.87 Crore via initial public offer (IPO). Salasar Techno Engineering Limited - Company Profile Incorporated in the year 2001, Salasar Techno Engineering Limited offers customized steel fabrication and infrastructure solutions for Telecommunication Towers, Transmission Towers & Substation Structures, and Solar Module Mounting Structures. Working Area Salasar Techno

Au Financiers (India) Limited IPO – Company Profile, Price Band, IPO Listing and Closing Date, Analysis


Rajasthan (Jaipur) based NBFC (non-banking finance company) Au Financiers (India) Limited is planning to raise Rs. 1912 Crore via initial public offer (IPO). Au Financiers (India) Limited - Company Profile Incorporated in the year 1996 as L.N. Finco Gems Private Limited, Au Financiers (India) Ltd is Rajasthan (Jaipur) based NBFC focused on retail segment serving (1) middle and low-income people and (2) businesses that have limited or no access to banking and finance channels. Working

Central Depository Services (India) Limited – CDSL IPO


Bombay Stock Exchange (BSE) owned Central Depository Services India Limited (CDSL) is planning to raise about Rs. 524 Crore through an initial public offering (IPO). Company Background Incorporated in 1999, Central Depository Services (India) Limited, a subsidiary of BSE Limited operates as a securities depository in India. CDSL offers various services including (1) account opening, (2) account statement, (3) bank account details, (4) change in address, (5) dematerialization, (6) nomination,