Yes...Fabulous results.
Short term borrowings are NIL now. I was expecting some repayment of long term debt but management has parked money in current investments.
Tax expense is down (164cr vs 410cr) as indicated by management in Q1 concall.
Posts in category Value Pickr
Hindistan Media Ventures Limted (HMVL): A mispriced bet in newspaper business (29-10-2015)
the approach seems wise as redeeming long term debt mf now have some tax implications
Torrent Pharma Ltd (29-10-2015)
Great results from torrent pharma.
Atleast it has beaten my own expectations/projections by a wide margin.
Looks like abilify and detrol have contributed majorly to US business besides the base US business.
Cash and equivalents show a good jump.
There is still a lot of disconnect between standalone and consolidated numbers.
Concall would be interesting to listen in to as these guys give out more info than alembic guys on concalls.
POKARNA LTD ( Stock opportunities ) (29-10-2015)
Cons. Revenues up 20%
Pat up 240%
Quartz grew 50%+
Granites Degrew
I think there must be competition for the quartz business in India. As per Stoneupdate content, if they were monopoly, they should have grown by more than 100%
Torrent Pharma Ltd (29-10-2015)
30th Oct 2015 - Torrent Pharma @ 5:00 – 022 3938 1028
Torrent Pharma Ltd (29-10-2015)
Any member having conference call details, please share.
Thanks in advance.
Dhiraj
Kitex Garments Limited (29-10-2015)
This is great. Thanks. The bummer is the timing though. Right in the middle of the working day. Will try to get in though!
Consolidated Vs Standalone Finanacial statements (29-10-2015)
the valuation is done on consolidated numbers. one should investigate both numbers (standalone and consolidated) as it will give u in-depth knowledge abt the co.
Consolidated accounts for the subsidiaries as well. Lets say your company ( the parent company) has 60% stake in its subsidiary, then for calculating consolidated net income, you will add the standalone numbers and the subsidiary numbers and subtract 40% of net income of the subsidiary as the minority interest ( look up its meaning on google).
Yes bank (29-10-2015)
I just ran a screener for yes bank, Axis bank, ICICI ,and Kotak,
Yes Bank has performed well in all the parameters,( unfortunately not able to copy )
It is a matter of time that market realises the true potential of this bank
Kitex Garments Limited (29-10-2015)
Concall details
India +91 22 67468356/ 39381079
Please dial in at 11:55 hours IST