CMP: Rs. 1678 (Dec 18) BUY Valuation/share: Rs 1537 (P/B basis) Suggested Portfolio Weight: 8% Stock Data: Mkt. Cap. (Rs. Cr.) 100,609 EPS TTM 53.7 PE 31.26 PB 4.58 Promoter Holding 26.56 52 Week High/Low 1804/1036 Shares Outstanding (in cr) 53.41 Key Financials: (in Rs. Cr.) FY 08 FY 09-11 FY 12-14 FY 15-17 AUM… Continue reading Equity: IndusInd Bank – Jan 2018
What makes Bitcoin goes up in value even though there is no perceived underlying? 1.. FMAO (Fear of missing out) - People who missed out the earlier surge, are getting anxious to enter and this is creating bullish sentiment. 2.. Countries have begun to support and provide backing to the bitcoin. Japan has legalized… Continue reading Bitcoin: The path to riches or a bubble in making.
1.. U.S. trade deficit increased more than expected in October, hitting a nine-month high as rising oil prices helped to boost the import bill. When adjusted for inflation, the trade deficit increased to $65.3 billion, also the largest since January, from $62.2 billion in September. Corporate Tax cuts from 35 % to 20% along with trade… Continue reading Market Updates: 12/05/17