Skip to main content

stock to watch on monday

MUMBAI: Equities are likely to open higher tracking positive global cues. US stocks ended higher Friday on the back of strong retail sales while Asian markets opened on a firm note Monday following Wall Street cues.

Shares of Reliance Petroleum are likely to see some positive impact on reports that Reliance Industries has sold 4.01 per cent of its stake, or 180.4 million shares, in Reliance Petroleum Rs 4,023 crore.

After the stake sale, RIL's holding in RPL has fallen to 70.99 per cent from 75 per cent.

Reliance Communications plans to sell another 5 per cent stake in its wireless business in the second transaction. The deal is likely to be bigger than the previous one, which fetched $6.75 billion for the tower business. The share is likely to move up.

The fight among the three promoters, who control Mirc Electronics , the owners of the Onida brand, has taken a curious twist. Sonu Mirchandani, who has a 33% stake in the company, has now offered to buy out his elder brother Gulu's share. Shares of the company are likely to act on this development.

Shares of India Infoline are likely to spurt up on reports that foreign investors Goldman Sachs and Blackstone are in final stages of negotiations to buy a 26 per cent stake in India Infoline Distribution Company, a distribution subsidiary of the brokerage.

Nitco Tiles shares are likely to move up on reports that leading foreign investors Lehman Brothers, Citigroup, Merrill Lynch, Deutsche Bank and Reliance Capital have picked up 15 per cent stake in the company for around Rs 170 crore.

Shares of Dr Reddy's Laboratories and Lupin are likely to see move up on reports in DNA Money that these companies along with Shreya Lifesciences are in the race for LaborMed, which has over 80 products.

Balaji Telefilms plans to offload 10-15 per cent stake in its wholly owned subsidiary Balaji Motion Pictures, reports Business Standard. The share is likely to move up on this.

Popular posts from this blog

Bio-fuel has top investors powered up

23RD ,JUNE India's fortune-hunters believe their new-found love for biofuel will pay off. India's well-known investors who are known for their Midas touch have spotted an opportunity in bio-fuel, betting big on ethanol, bio-mass and even bio-fuel equipment makers in India and other parts of the globe. Billionaires Rakesh Jhunjhunwala, C Sivasankaran, Vinod Khosla, founder of Sun Microsystems, and Nemish Shah, the media-shy joint partner of Enam Financial Services, are investing in bio-fuel makers quietly, expecting that bio-fuel will have a big play in the coming years as the world looks for a viable alternative to the fast depleting oil reserves. Jhunjhunwala, who is known for his ability to spot a multi-bagger at a very early stage, recently invested in Hyderabad-based bio-fuel firm Nandan Biometrics.He is also a 10 per cent stakeholder in Praj Industries, which is a bio-fuel technology provider…

up to 8,500% return in 5 years! Investors made a killing in these 30 smallcap stocks

U By Rahul Oberoi, ETMarkets.com | Updated: Dec 01, 2017, 04.06 PM IST Post a Comment
Efficiency pays in the long run. Among the top smallcap plays on Dalal Street, 30 companies with stable return on equity (RoE) and return on capital employed (RoCE) have surged up to 8,500 per cent over the past five years.

All these companies had a debt-to-equity ratio of less than 1 and have been maintaining RoE and RoCE of over 20 per cent since 2012-13.

Avanti Feeds emerged the chart topper, with an 8,527 per cent gain to Rs 2,596.60 as of November 28 from Rs 30.10 ..


ovember 28 from Rs 30.10 on November 27, 2012. The company’s return on equity for FY17, FY16, FY15, FY14 and FY13 stood at 42.65 per cent, 46.21 per cent, 52.41 per cent, 45.79 per cent and 27.60 per cent, respectively. Avanti also managed to achieve a return on capital employed of over 50 per cent in last four years. Its RoCE stood at 28.59 per cent inRoE measures net income earned for every rupee of shareholder funds, while…

5 dark-horse picks

Kwadrat/shutterstock.com Kwadrat/shutterstock.com
If you are a conservative investor, using the mutual fund route is the best way to invest in stocks. But if you are game for some excitement, you might want to dabble directly in stocks, especially small-cap stocks. Stocks that are smaller in size, in terms of market capitalisation, carry higher risk. The reasons are — one, lower traded volume increases price volatility, two, information is usually scarce on these companies, three, business risk is higher since many of these companies are dependent on a single product and four, governance risk is also higher in these stocks. That said, small-cap stocks have the capacity to deliver far greater returns when compared to large-cap stocks. Sample this: there were 16 stocks with market cap more than ₹50,000 crore in January 2009. These stocks delivered an average return of 138 per cent in the last eight years but 4 out of every 10 stocks in this group delivered negative returns. On the ot…