Posts in category All News
Wary of Amtek Group stocks due to lack of clarity: Neeraj Dewan (26-08-2015)
Asian stocks slip as China rate cuts fail to calm nerves (26-08-2015)
S P TULSIAN (26-08-2015)
faulty Asba of union bank (26-08-2015)
Can U help me/guide me in my fight against Union Bank India? Due to Its faulty ASBA system, my application for Powergrid FPO got rejected in Dec 2013. My complaint against UBI is pending in SEBI for last 1.5 yrs.
I would like to know whether any of u or ur relative had also applied for 2250 shares of Powergrid at cutoff price thr ASBA online facility of UBI?
This will be most useful info for me. Pl do convey it to me.
Sebi claims on its home page that it is Har investor ki...
faulty Asba of union bank
Kanv Portfolio for Review (26-08-2015)
Recently management has decided to do the Capex and the management has said that because of the incremental capex, year end utilization would be around 82-85%. They are expecting cash flow of 150-200 cr this year and their increase in debt would be around 250 cr this year (380 cr Capex), which will help them generating 220-250cr of cash flows next year. These all assumptions would be valid if growth in Indian economy accelerates.
One key thing we need to see is the amount of Capex company does in future because leasing businesses takes some time for break-even. So even if company does break-even in say 3 years (I need to check from balance sheet) they have to manage their capex such that they don't fall in the window of t-3 years where t is the year of slowdown.