The company once manufactured specialty chemicals especially ethylene dioxide derivatives at its Ankleshwar plant until it sold the facility to Huntsman Corporation in 2011. Since then the company has been sitting on the piled up...
The annual report of the Reserve Bank of India for financial year 2011-12 was recently published and is available in the public domain for analysis. Central Bank balance sheets have been under enormous scrutiny since...
Premier Equity Fund is an unrestricted diversified equity scheme that invests across market caps following a ‘buy and hold strategy’. The scheme has been designed to invest in new promising companies at cheap valuations and...
What comes to your mind when you hear ‘online retail’? Low prices? Shopping from the comforts of home? Reliable delivery of quality products and services? A booming sector with tremendous opportunities? All of the above?...
Mr. Nainesh Thakkar, Research Head at Shripati Holding & Finance feels Indian market may trade negative. It will test important support levels but may not hold there. His take on markets are as under: The...
A slight expansion of economic activity in Germany and France couldn’t save the eurozone from a second recession in four years. The serious slump in the area’s southern periphery gives little hope for a recovery...
The World Bank has approved a multi-million-dollar grant for Myanmar to support reform endeavors in the country formally known as Burma. It’s the first financial aid provided to the nation in over two decades. The...
The current economic scenario, as reflected in the recently-released low IIP growth rates, is putting several small and medium enterprises in a tight liquidity position. In contrast, several large corporates are sitting on a huge...
Financial condition of any company is the fundamental driver of both equity valuation and credit spread. If financial condition of a company deteriorates, stock price should decline and credit spread should widen. To put it...
