Posts in category All News
‘Govt stake sale not to impact IOC’s ratings’ (26-08-2015)
Ambuja Cements slips 4.5% on block deal (26-08-2015)
![](http://10.0.1.104:85/_media/iifl/img/misc/2015-07/31/full/public-sector-bank-1438349239-0703300.jpg)
Ambuja Cements slips 4.5% on block deal (26-08-2015)
![](http://10.0.1.104:85/_media/iifl/img/misc/2015-04/07/full/ambuja-cement-1428385162-4429300.jpg)
IOCL’s ratings unaffected despite stake sale: Fitch (26-08-2015)
Hitesh portfolio (26-08-2015)
@kapil1301
http://www.forcemotors.com/page/index/assembling#&panel1-1
Though not too much information is given.
European shares fall as China concerns still weigh (26-08-2015)
Hitesh portfolio (26-08-2015)
Hi Hitesh,
I wanted to know ur views regarding Force Motors.
My rationale for it is
Market Cap of 3100 CR Debt To Equity 0.02 Mcap To Sales 1.29
Although we cannot directly compare it to Atul Auto But it seems cheaper on above parameters.
Also it manufactures Engines for Mercedes and BMW.
There Operating Margin Seems to be Stabilizing near 11 (Quatrely OPM)
They are a Dividend Paying Company
Comapany is is operations Since very long have been acuired by Jaya Hind Group
Above points Plus the Strong Presence of Their Force Traveller and also increasing number of luxury cars in India (BMW and Mercedes) Gives me Confidence.
(Form My Office to Home in a stretch of 9 Kms I almost site 40 Force travellers)
However I went Through their last Annual Report in that there was no mention of manufacturing of engines
for Merc and BMW also on their site their is no information of these products.
Also one general question
What do you do in such situations where U r seeing the the Company products are being used company posting decent numbers paying dividend but information about their products are not fully covered in their Website or AR.
Regards,
Kapil
Sensex crashes 300 points; banking, pharma stocks drag (26-08-2015)
![](http://10.0.1.104:85/_media/iifl/img/misc/2015-03/18/full/stock-market-down-1426671850-3168300.jpg)
Buy Indo Count Industries; target of Rs 1030: Karvy (26-08-2015)
![Buy Indo Count Industries; target of Rs 1030: Karvy Buy Indo Count Industries; target of Rs 1030: Karvy](http://www.moneycontrol.com/news_image_files/2015/i/Indo_Count_Industries_200_4926.jpg)
Buy GAIL India; target of Rs 350: KRChoksey (26-08-2015)
![Buy GAIL India; target of Rs 350: KRChoksey Buy GAIL India; target of Rs 350: KRChoksey](http://www.moneycontrol.com/news_image_files/2014/g/Gail-india_200.jpg)