In this method, we first estimate the ‘absolute PE’ of a stock. Then multiply the calculated PE with EPS. This will give us the fair price or intrinsic value of the stock. We will read about this in more detail. What is the PE formula? Conventional PE = Market Price / EPS. The same formula we…
[Note: Subsequent to the Reliance Future-Group deal, the company has been in a legal battle with Amazon. This legal controversy has severely hampered the long-term prospects of Future Group. The below article was written before Amazon intervened and changed the whole scenario.] Reliance retail and future group company entered into a deal on 29 August…
Shree Cements share price has caught my attention since last 1.5 months. Its been falling steadily. Why Shree Cements? If we will prepare a list Top 100 stocks in terms of Market Capitalisation, Shree Cements will appear in this list. In fact as per my list, its Rank is #54th in the list. High Market Capitalisation…
Mahindra & Mahindra share price has seen only a 2% correction since beginning of May’18. So in terms of price fall, it is not attracting attention. But its business fundamentals looks very decent. Mahindra and Mahindra lies among the Top 30 stocks in term of its market capitalisation. Such huge stocks does not generally trade…
Since Feb’2018 Bajaj Auto share price has fallen from Rs.3,200 to Rs.2,760 levels. This is a fall of nearly 13.7% in span of just 3 months. Bajaj Auto is currently ranked among the Top 40 highest market cap stocks in India. When such a huge stock’s price falls by 13.7% in such a short time,…
Vakrangee share price was at Rs.85 levels on Jan’16. By Jan’18 (in 2 years), it price moved up to Rs.505 levels. This was a CAGR growth of 143.7%. But ever since Jan’18, its price is only falling. By end of April’18 it price has touched a bottom of Rs.100 per share. This price fall was…
What made me do the analysis of PTC India share price? Recently I observing the overall stocks market and its individual sectors in general. In last few days, the stock market has been showing signs of a possible correction. During such times, I often visit BSE India’s website and watch individual sector’s indices. Here I found…
Vardhman Textile share price is currently trading at discount to its intrinsic value. This is a reasonably good company to watch out for investing. How this company came to my notice? One day I was recently preparing a report for my blog post on the topic of PEG ratio on India stocks. In this list I…
MRF Ltd finds its name in the Forbes list of India’s Super 50 Companies 2017. MRF Ltd operates in Tyre manufacturing sector. In terms of net sales, MRF Ltd is the number 1 tyre company in India. It has a sales turnover of Rs.13,245 Crores. The second best is Apollo Tyres having sales turnover of…
