MCap of all PSU banks incl Sbi now < Hdfc bank! Mkt has voted on future prospects!
— ManishChokhani (@chokhani_manish) January 15, 2016
The leader in the Private Life Insurance space is ICICI Pru Life.Some salient features of the company:
- Largest private insurer in India
- 23% market share in private insurance space and 11.3% overall
- PAT of 16.34 Billion Rupees-higher than that of LIC
- Earnings Per share-11.43 Rs/Share
- Book Value of 36.79 Rs/share
- Dividend of 5.85 Rs/Share
- 99.78% shares are held by promoters and 0.22% shares are held by employees
- Last Employee Stock Option Scheme (“ESOS”) was on April 25,2008 with an exercise price of Rs.400 per share
A limited quantity of its shares are on offer for sale.
For those interested,please email me at Alpha Ideas.
Linkfest: January 15,2016
Some stuff I am reading this morning:
Has Infosys got it’s groove back ? (Mint)
The financial story of retiree Narender Kumar (VRO)
Stock that gave 1200 times return in 13 years (BS)
Shocking somersault by Ramesh Damani (RJ)
The nuances of investing in small caps (Morningstar)
10 point checklist for tax saving FY2015-2016 (GoodMoneying)
Are commodities a necessary portfolio component? (TRB)
Keep Calm and Step Forward (Swedroe)
3 Powerful strategies to survive the market downturn (DR)
The bedrock of portfolio management (Common Sense)
Mission Accomplished !
Gone Trekking…
Taking a blog break as I am off to do the Chandrashila Trek.
Will resume once I return.
