Gujarat (Ahmedabad) based pharmaceutical company “Eris Lifesciences Limited” is planning to raise Rs. 1741 crore through an initial public offering (IPO). Eris Lifesciences IPO will not raise any money for the company and all the shares sold in the IPO will be offered by existing shareholders. In total, 28,875,000 shares will be offered in Eris… Continue reading Eris Lifesciences Limited – IPO
Tejas Networks Limited – IPO
Bengaluru-based optical and data networking products company “Tejas Networks Limited” is planning to raise about Rs. 450 crore through an initial public offering (IPO). Company Background Incorporated in the year 2000, Tejas Networks Limited design, develop and sell high-performance and cost-competitive products to defense companies, government entities, internet service providers, telecommunications service providers, and utility… Continue reading Tejas Networks Limited – IPO
RBI Policy Outcome – June 2017
The Reserve Bank of India (RBI) has kept the key rates unchanged in its June 2017 policy. Click here to see what FinBlab has analyzed. Reserve Bank of India kept the repo rate unchanged at 6.25% but cut statutory liquidity ratio by 50 basis points to 20%. RBI is watchful on (1) The impact of… Continue reading RBI Policy Outcome – June 2017
RBI MONETARY POLICY MEET: JUNE 2017
The Reserve Bank of India (RBI) will meet on 6th and 7th of June 2017 to review monetary policy. What to Expect From RBI The Reserve Bank of India (RBI) is expected to maintain silent on the key rates in its bi-monthly monetary policy announcement because of (i) Implementation of GST and (ii) Inflation. The… Continue reading RBI MONETARY POLICY MEET: JUNE 2017
Steel Sector (Large): Q4 ( JAN – MAR ’17 ) Results and Analysis
Steel Sector (Large) Q4 was again fantastic as far as Steel Sector (Large) is concern. Almost all the companies have shown strong performance in the quarter. Click here for Q3 Results. For the numbers, the profits of the companies were UP in the range of 172% to 445%, while revenues were up in the range… Continue reading Steel Sector (Large): Q4 ( JAN – MAR ’17 ) Results and Analysis
Housing Finance Sector: Q4 ( JAN – MAR ’17 ) Results and Analysis
Housing Finance Sector: Q4 was again fantastic as far as Housing Finance sector is concern. Almost all the companies have shown strong performance in the quarter. Click here for Q3 Results. For the numbers, the profits of the companies were UP in the range of 18% to 49%, while revenues were up in the range… Continue reading Housing Finance Sector: Q4 ( JAN – MAR ’17 ) Results and Analysis
PAINT SECTOR: Q4 ( JAN – MAR ’17 ) RESULTS AND ANALYSIS
PAINT Sector: Q4 was somewhat better for the Paint sector. Click here for Q3 Results. Though India’s decorative business registered low double-digit growth in Q4, all the three paint companies posted good performance as far as revenues are concern – thanks to the good demand conditions in auto OEM and general industrial business. As far… Continue reading PAINT SECTOR: Q4 ( JAN – MAR ’17 ) RESULTS AND ANALYSIS
Tyre Sector: Q4 ( JAN – MAR ’17 ) Result and Analysis
TYRE Sector: Q4 was disappointing for the Tyre sector. Click here for Q3 Results. Profitability of all the companies for the fourth quarter ended March 31, 2017, hurt by continued impact of demonetisation and spike in raw material prices. As far as numbers are concern, the profits of all the companies were down in the… Continue reading Tyre Sector: Q4 ( JAN – MAR ’17 ) Result and Analysis