Insider Sentiments – 10 of 2016 – Finotex Chemical Limited (FCL) The Finotex group was established by Surendra Tibrewala in 1979. FCL was incorporated as a public limited company in 2007. FCL was listed on the Bombay Stock Exchange (BSE) in March 2011 and subsequently on the National Stock Exchange of India (NSE) in January 2015. This is how the price action looks from the listing date: FCL – Price Action since Listing on BSE What does FCL do? Finotex […]
Insider Sentiments – 9 of 2016
MAX VENTURES & INDUSTRIES LIMITED The restructuring of the former Max Group into three new listed entities, namely, Max Financial Services, Max India and Max Ventures & Industries Limited (MAXVIL) was completed in January 2016. Max Ventures & Industries (MAXVIL) serves as the Group’s entrepreneurial arm. The idea is to explore the ‘wider world of business’, especially taking cues from the economic and commercial reforms agenda of the present Government, including ‘Make in India’, ‘Skill India’, ‘Digital India’, among others. […]
Insider Sentiments – 8 of 2016
Insider Sentiments – 8 of 2016 Mindtree is an international information technology consulting and implementation company. It delivers business solutions through global software development. The company operates in five segments: Retail, CPG and manufacturing (RCM), Banking, Financial Services and Insurance (BFSI), Technology, Media and Services (TMS), Travel and Hospitality (TH) and others. It offers services in the areas of analytics and information management, application development and maintenance, business process management, business technology consulting, cloud, digital business’s, independent testing, infrastructure management […]
Insider Sentiments – 7 of 2016
International Paper APPM Limited The Company produces a range of premium grade writing, printing, copier and industrial papers for domestic and export markets. The well-known cut-size papers of the Company offer a broad range of office documentation and multipurpose papers, from economy to premium grades, ideal for both home and commercial use. The Promoter, International Paper, makes renewable and recyclable products. International Paper (USA), established in 1898 is the largest pulp and paper company in the world, with approximately 58,000 employees […]
Insider Sentiments – 6 of 2016
Bharti Airtel Limited Bharti Airtel Limited (BAL) is India’s largest mobile network operator and also the third largest in the World. Unbeknownst to most, Bharti Airtel Limited (BAL) operates in eighteen countries across South Africa, Asia, and the Channel Islands. Airtel is also India’s second most valuable brand. The company has been listed on the bourses since the year 2002. Shareholding Pattern and Key Metrics Considering the size of its equity, BAL has a very high percentage of Promoter shareholding. […]
Insider Sentiments – 5 of 2016
Dr. Reddy’s Laboratories Ltd Dr. Reddy’s Laboratories Limited (DRL) was founded in 1984 and is India’s second-largest maker of generic pharmaceuticals. While discussing their plans, the Promoters vision of DRL in ten years is that of a global company that thrives on innovation. Indian Pharma Industry The Indian pharmaceutical industry ranks third in volume and thirteenth in value across the globe. The market size is estimated at R. 2,52,000 crore in the current calendar year (2016). It is estimated that […]
Insider Sentiments – 4 of 2016
Nitta Gelatin India Limited Nitta Gelatin India Limited is jointly promoted by Kerala State Industrial Development Corporation (they hold 28,62,220) shares and Nitta Gelatin Inc, Japan (they hold 39,00,300) shares. Effectively, the Promoters jointly own 74.48 percent of the total share capital. The shares have a face value of Rs. 10 and the market capitalisation at the current market price of Rs. 188.85 is roughly Rs. 171 crores. The shares are listed only on The Bombay Stock Exchange, and the […]
Insider Recommendations – 3 of 2016
Gulf Oil Corporation Limited Gulf Oil Lubricants India Ltd (GOLIL) and GOCL Corporation Limited are two listed entities that formed part of the erstwhile Gulf Oil Corporation Ltd (GOCL). It has been almost two years since the two entities are trading on Indian bourses. The companies are promoted by the Hinduja group. The Promoter group has been increasing their stake in both the entities since the date of their separate listings. The idea behind the demerger was to create a […]
INSIDER RECOMMENDATIONS – 2 OF 2016
OnMobile Global Limited (NSE: ONMOBILE, BSE: 532944), current market price (CMP) Rs. 105.40 is in the business of providing end-to-end solutions for network operators, media companies, and consumers. The company operates in the telecom space and provides value-added services. It is headquartered in Bangalore, India and services customers in 59 countries. Their end customer is the smartphone user. Shareholding Pattern & Recent Changes The promoters of the company, OnMobile Systems Inc, have been continuously buying back shares from the open […]
INSIDER RECOMMENDATIONS – 1 OF 2016
Kansai Nerolac Paints Limited Kansai Nerolac is the second largest coating company in India and a market leader in Industrial Coatings. A bit of historical data never hurts. In 1999 Kansai Paint Company Limited, Japan took over the entire stake of Tata Forbes group and thus Goodlass Nerolac Paints Ltd became a wholly owned subsidiary of the Kansai Paint Company Limited, Japan. The parent, Kansai Paint Company Limited engages in the manufacture and sale of all types of paints and […]
