Categories
Banks Chart

Chart: PSU Banks are selling at a huge discount to book

Source:Mint

g_m2m_psu-bank_web

Categories
TravelAgencies

Modi’s 100 Days:Travel Agencies soar

The Modi Govt has completed 100 days in office.

I find it interesting that the Travel Agency Sector is the best performing sector in this period as can be seen from the table below:

Symbol Close on 26 May,2014 Close on 1 Sept,2014 Gain
THOMASCOOK 91.6 148.35 61.95%
COX&KINGS 170 298.1 75.35%

 

Categories
OilMarketing Sector

August 2014:Sector of the month

The sector of the month of August 2014 were the Oil Marketing Companies as can be seen from the table below:

Symbol Close on 31 July,2014 Close on 28 August,2014 Gain
IOC 331.25 359.4 8.50%
HINDPETRO 399.3 458 14.70%
BPCL 580.15 694.3 19.68%
Categories
Retail

Why Warren Buffett finds retail a tough sector to invest

Categories
Insurance

ICICI Pru Life is the most profitable life insurer in India

(Disclosure:I am market making in the shares of ICICI Pru Life)

As the table below shows, ICICI Pru Life is the most profitable life insurer in India, beating even the giant LIC in profits.

Life Insurer Profits (In Crores)
ICICI Pru 1496
LIC 1437.59
Bajaj Allianz 1285.64
SBI Life 622.17
HDFC Life 451
Kotak Mahindra Life 189.74

 

Source: IRDA (figures are for 2012-13)