Stocks

As per analysts, market volumes have improved with the small and midcaps beginning to see volumes and performance. They were laggards in the calendar year 2013. We have collated a list of 10 midcap stocks which have good operating ROEs and hold potential of an earnings recovery in 12 months.  The companies are reducing debt and sales growth has been positive: Brokerage: JPMorgan 1. Indian Hotels: Peak supply in the domestic market in our view is over and a large part of the company's capex is coming to an end. Any improvement in beaten down ADRs in the domestic market could improve EBITDA significantly given operating leverage. Incremental growth is mostly via management contracts.  2. Cox and Kings: The company has become free cash positive and the UK business is now throwing up ...

On 23-April-2014 , Rakesh jhunJhunwala again picked up 1% stake in Prakash Industries   @ 68.15 / share. he picked up 7.5 lakh shares. Earlier on 4th of April 2014 , he picked up 1.85% stake ( 25 lakh shares ) @ Rs 59  .  Read News Trailing 12-month (TTM) EPS -  Rs 11.13 per share. (December, 2013). The stock’s price-to-earnings (P/E) ratio was 6.17. The latest book value of the company is Rs 155.67 per share. At current value, the price-to-book value of the company was 0.44. The dividend yield of the company was 1.46 percent. See Portfolio Holding of Rakesh JhunJhunwala

Foreign institutional investors (FIIs) have traditionally remained skeptical about mid-caps because of corporate governance concerns and lack of liquidity in the stocks, but they have increased their stakes in the counters in the March 2014 quarter. Brokers said the difference in valuations between large-caps and midcaps had widened significantly in January, resulting to FIIs' interest in them.  The list shows these investors bought shares of companies with strong growth prospects or cheap valuations. Increase in FII Holdings Decrease in FII Holdings Source: ET

Shares of Man Industries surged nearly 17 %  intraday after the company announced it has bagged orders worth Rs 700 crore from domestic and international customers for supply of large diameter pipes for oil & gas as well as water sector projects. The company's order book including the above orders stands at Rs 1,200 crore, the company said in a filing to stock exchanges. Man Industries has outstanding bids over $1 billion at various stages of evaluation for several other oil, gas and water projects in India and abroad. MAN Industries (India) is the flagship company of Man Group. The main business line of Man Industries includes manufacturing & coating of large diameter carbon steel pipes and real estate. MAN Industries (India)'s consolidated net profit dropped 84.3% to Rs 2.41 c...

The Piramal group flagship Piramal Enterprises has sold its 11% stake to Vodafone for Rs 8900 crore. The flagship company picked up 11% stake in two tranches, in August 2011 and February 2012, paying a total of Rs 5864 crore or Rs 1290 per share. Billionaire investor Ajay Piramal has sold his stake in British telecom giant Vodafone India, reaping a windfall of 50% return in just two years. The Piramal Group had earlier anticipated it would exit through an initial public offer of Vodafone India shares. The Piramal Group had always maintained Vodafone for it was a financial parking of resources from its deal with Abbott. In September 2010, the group sold its profit making India pharmaceutical business putting around Rs 10,000 crore in its coffers, net of tax and debt repayment requirements...

Rakesh Jhunjhunwala has increased its investment in Escorts & Rallis India. ESCORTS -  His stake in Escorts has gone up to 5.47 per cent from 4.98 per cent earlier.  Last August, Jhunjhunwala had bought 6,21,789 shares of Escorts through open market transaction. The shares were purchased on an average price of Rs 88.23 valuing the transaction at Rs 5.48 crore. Escorts reported a net profit of Rs 45.55 crore in the quarter ended December 2013 as compared to a net profit of Rs 28.13 crore in the corresponding quarter a year ago. At 12:20 p.m., Escorts was at Rs 131.60, up 3.18 per cent, on the BSE. It touched a high of Rs 133.05 and a low of Rs 128.50 intraday. Total traded volume is at 7.16 lakh shares against two-week average of 4.97 lakh shares. Rallis India -  Jhunjhunwala has also ...

5/4/2014   -  Nomura Singapore Limited bought 44,11,000 shares of Housing Development and Infrastructure at Rs 67.45. This represents 1% stake in  Mumbai based real estate firm. 27/Mar/2014  -  Kotak Securities  purchased 21.28 lakh shares of the real estate firm, constituting 0.5 percent stake at Rs 51.56 apiece. The share on Friday closed at Rs 69.45, up 16.23 percent after hitting a 52-week high of Rs 70.35. 52 week low - Rs 26 52 Week High - Rs 76

4/April/2014 Rakesh JhunJhunwala has picked up 25 lakh shares, constituting 1.85 % stake of the company at Rs 58.96 Kolkata-based Nilkanth Fincon Private Limited, one of the non-promoter shareholders, has reduced its equity shareholding by 2.5 % in steel and power company Prakash Industries on Friday. Nilkanth Fincon sold 34,02,000 equity shares at Rs 59.18 apiece via block deal on the NSE. As of December 2013, it held 2.56 % stake in the company. However, . The share on Friday closed at Rs 68.70, up 20 percent. Trailing 12-month (TTM) EPS -  Rs 11.13 per share. (December, 2013). The stock's price-to-earnings (P/E) ratio was 6.17. The latest book value of the company is Rs 155.67 per share. At current value, the price-to-book value of the company was 0.44. The dividend yield of the ...

Private equity firm ChrysCapital has over $2.5 billion assets under management in India. Some of its investments in listed companies in India are as under Amtek Group Gammon HCL Technologies Hexaware ING Vysya Bank JMT Auto KPIT Cummins Pratibha Industries Simplex Infra Torrent Pharma In April 2014, they have made investment of $40 million in Torrent Pharma. ChrysCapital is largest PE investor in domestic pharma companies.

Many people love to trade in penny stocks as the amount required is low. But do you know that India's 5 most expensive stocks are best performing stocks over 1,3 & 5 years time horizon.  Just comparing Stock price is not parameter to determine whether one stock is better than other.  Stock priced at Rs 1000 may be better than stock valued at Rs 50. You need to see the other parameters to determine how attractively priced a particular stock is - PE ratio (Price Earning Ratio). Most Expensive Stocks & their Returns Most Expensive Stocks CMP PE Ratio 1yr 3yr 5yr MRF 22301 11.54 92% 245% 1224% Bosch 10067 37.14 14% 69% 244% Page Industries 6623 50.64 102% 361% 1771% Eicher Motors 5748 54.02 116% 387% 2563% Shree Cements 5088 22.05 26% 172% 730% Returns calcu...