Category Archives: Stock Specific

Chennai Petro – Attractive Valuations

ChennaiPetro Market cap (1600 Cr) = Operating profit (1600 Cr).Book Value 104, PE 2.7 Trading at thrice the market cap of profit (580 Cr, TTM), Sales 35000 Cr, another 30k Cr expansion plan with IOCL ongoing The beneficiary of the Crude upcycleMore

TCS Buy Back Calculations

TCS buyback calculations. But, I’ve seen messages from brokers offering clients margin funding to participate in this buyback. If this sees good uptake, the acceptance ratio will decline, perhaps significantly. Also, if the Premium becomes too high near the Record Date, probably more people will tender shares in buy back. Thus, acceptance ratio may decline.…More

IEX – Earnings Preview, Q1FY23 is crucial

IEX Reports earnings coming Monday (24th Jan) during market hours IMV, the results should be around ~100cr Evident from the below table, volumes and revenue do not have a linear relationship.This is cause IEX earns revenue from other avenues like RECs & Green Day Ahead etc. Q1FY23 is a crucial quarter for IEX. Phase 1…More