There is no compelling reason to apply for the Hindustan Media Ventures IPO given that its’ peers DB Corp, Deccan Chronicle Holdings and Jagran Prakashan are offering superior performance at a cheaper price
Posts tagged IPO
Jyothy Laboratories: Best FMCG Buy
Jyothy Laboratories is possibly the cheapest stock in terms of valuation in the FMCG space. It has a very small equity of 7.5 crore, absolutely no debt in the books. Jyothy Laboratories is expected to report an earning per share of around Rs 12 in the current year for Re 1 face value, which should go up to around at least Rs 16 next year and around Rs 19 in 2011-2012. It has got cash of around Rs 23 per share in the books. Effectively, Jyothy Laboratories is available for a valuation of less than 8 times its 2011-2012 earnings if the cash is excluded.
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.
10 Rules for Investment Success
It’s crucially important to understand that from time to time, your investments won’t turn out the way you wanted. To protect your portfolio, don’t set yourself up for complete failure in the first place. Giving yourself a large margin of safety, avoiding people of questionable character, and only taking on risk when you can be sure you’ll be satisfactorily rewarded are all steps in the right direction.
The Bombay Municipal Corporation Building
This is the office of the Bombay Municipal Corporation. The foundation stone of this magnificient building was laid on December 9, 1884, by the Viceroy, Lord Ripon. The Gothic design by F. W. Stevens was selected over the Indo-Saracenic design submitted by R. F. Chisholm. Completed in 1893, the building has a 255 feet tall […]
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