07082017195814Initiating coverage on Sintex Plastics Albeit the revenues of Sintex Plastics Technology (SPTL) have de-grown in FY17 (due to demonetization and uncertainty over GST), we believe that the company will revert to its growth trajectory considering the strong revival in various capex programs & adoption of welfare schemes by the […]
Continue readingMonth: August 2017
India’s top 10 drone startups
The Indian drone market is a burgeoning one, despite some restrictive legislation and rules concerning UAS in the country. India has need of drones for fast surveying and mapping of infrastructure and agriculture, and is both purchasing from foreign nations and developing UAS locally for use in the defence industry. […]
Continue readingList of Fake companies – Must be avoided
List of Fake companies – Must be avoided Source – http://www.firstpost.com/business/shell-companies-analysis-of-69-in-sebi-list-shows-10-firms-have-nil-sales-one-gave-338-return-3910121.html The Securities and Exchange Board of India (Sebi) on 7 August 2017 forwarded a list of 331 suspected shell companies to the stock exchanges directing them to take corrective actions. Accordingly, the Bombay Stock Exchange (BSE) on 8 August […]
Continue readingInitiating coverage on Cochin Shipyard Ltd by Ventura
Cochin Shipyard Ltd (CSL) is India’s leading PSU shipyard that has reported strong revenue growth despite the poor performance of the ship building industry, not only globally but also in the domestic market. The primary drivers of revenue growth are the strong order flows from the defense sector (64% of […]
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