Categories
Startups

Why Indian startups are Nehruvian

Because like Nehru,they too believe “profit is a dirty word” !

 

Categories
Cartoon

Contrarian Indicator for IT stocks?

Categories
Links

Linkfest :February 08,2017

Some stuff I am reading today morning:

Another rate cut on the cards for India (Bloomberg)

Infosys founders raise governance concerns (Money Control)

PSU banks in for a tough time( ET)

Air India plans listing (Mint)

Modi gets going on labour reforms (FE)

Equity-Life changers or Life maimers (Gaurav)

Do you really want wealth? (Subramoney)

A shout out for The Moneylife Foundation (Moneylife)

Momentum in name only (Pension Partners)

Indicators of a Chinese collapse (DR)

Categories
Excerpts

This is what a bull run feels like

The initial public offer (IPO) of Avenue Supermarts, the owner of DMart, which is likely to be floated in the next few weeks, is expected to command a valuation of  18,000 crore, much higher than the earlier expectation of `7,000 crore

According to sources, domestic fund houses are queuing up to meet the company management, which has already conducted roadshows overseas. “I am hearing that the management is very selective in the kind of investors it wants to attract and hence is not giving meetings easily ,“ said an analyst with a leading insurance company .-from ET

Categories
CoatTailing

Top 5 Holdings of Aberdeen in India

This post is in continuation of my coat tailing series (see here)

To know what other top investors are  buying/holding/selling in India, subscribe to our Investor Wisdom Newsletter

Aberdeen is one of the largest FPI investors in the Indian Equity markets.

It’s top 5 holdings in India as on 31 December,2016 as per Stock Exchanges is given below:

Company Name Symbol Entity Name # of Shares % Value (In Crores)
Grasim Industries Limited GRASIM ABERDEEN GLOBAL INDIAN EQUITY LIMITED 15252065 3.27 1420.27
Bosch Limited BOSCHLTD ABERDEEN GLOBAL INDIAN EQUITYLIMITED 387907 1.27 871.23
Grasim Industries Limited GRASIM ABERDEEN EMERGING MARKETS FUND 8825060 1.89 821.79
Godrej Consumer Products Limited GODREJCP Aberdeen Global Indian Equity Limited 5278586 1.55 817.94
Hero MotoCorp Limited HEROMOTOCO ABERDEEN EMERGING MARKETS FUND 2538035 1.27 816.19