IL&FS Transportation Networks has a strong parentage with proven track record. It came out with excellent results in FY 2010. It is not very expensive compared to its’ peers and has strong growth prospects. Its’ a must-have for every portfolio.
Posts tagged analysts
Rakesh Jhunjhunwala: Still a billionaire!
India’s billionaires continued their strong showing in the Forbes Richest List of 2010.
Mukesh Ambani sprinted up three places to become the fourth richest from the seventh richest in 2009. His wealth increased by a staggering 48.7% to become $29 billion.
Younger brother Anil Ambani had a poor showing with his ranking plummeting two places to rest at 36 in 2010 from 34 in 2009. Anil Ambani‘s net worth, however, zoomed up 35.6% to become $13.7 billion in 2010.
Educomp Solutions: Learn & Earn!
Educomp reported robust performance recording 37.2% yoy growth in Top-line and a robust 92.3% yoy increase in Bottom-line with EBIDTA Margins expanding by 580bp to 52.4% in 3QFY2010. Strong government backing pertaining to higher budgetary spends to spur growth of the Education and Training Sector across the globe, and particularly in India, is a key positive for companies in this space like Educomp, which has been growing aggressively through its strong execution capabilities. Educomp can be expected to thrive on the upcoming opportunities in Education space and continue to witness strong growth trajectory backed by ongoing investments for newer initiatives with focus on product and content innovation.
Mphasis: Cashing in on Hewlett-Packard
It is clear Mphasis is benefiting from strong brand-equity of HP and EDS as it added several new clients through HP during the quarter. The only question is whether the shift in revenue and EPS for Mphasis was one-time or can be expected to continue. The stock is not cheap, at about 16 times FY 10 earnings. However, leveraging its association with HP and EDS, Mphasis can be expected to do good business flows for all the verticals. Besides, with improving economic indicators all over the world, the volume growth can be expected to improve.
The stock picker who got it wrong!
Ramesh Damani deserves to be applauded. He is a man of scruples. His conscience is in the right place. And he is not afraid of saying “Sorry, I got it wrong this time.” The same cannot be said for all the other dooms day sayers like Shankar Sharma and Devina Mehra who, like Damani, had also predicted a dire future for the market.
Why this is the right time to buy shares
One of Warren Buffets’s most famous quotes is “Be fearful when others are greedy and be greedy when others are fearful”. There is no better time to apply this time-tested investment philosophy than the present.
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