Category: Observations

Source: Amit Kumar Gupta

Amusing reply by Ind-Swift Labs to Bombay Stock Exchange which sought an explanation for unusual increase in stock price of the Company.

GNFC is the largest producer of Toulene Di-Isocyanate (TDI) in India with a production capacity of 65,000 tonnes per annum

As TDI prices have soared, so has the Company’s revenues and profits resulting in the stock price increasing by 5x in the last two years.

Conversely,consumers of TDI have borne the brunt of the price increase.

Now as the conference call transcripts of Sheela Foam indicates, a relief for them is around the corner.

Hat Tip: Deepak Kapur

From SEBI (Prohibition of Insider Trading) Regulations,2015

If SEBI were to actually implement this, most of Dalal Street’s finest-including MF Fund Managers,PMS Managers,Research Analysts etc-will be behind bars.

One of the joys of being an investor in the Indian markets is that the sheer variety of companies listed offer unique lessons.

One such lesson is offered by CES Ltd., company listed on BSE (Security Code:512341)

The Business of this Hyderabad based company is mundane-it offers IT and IT Services

What is interesting is the shareholding pattern.

The promoters own 74.81 % of the Company.

The other top 5 shareholders own 24.02 % of the company

That leaves only 1.17% with the general public.

This company shows that you can be listed and private at the same time .