The BSE Midcap and BSE Smallcap index seem to be on fire. Strangely, in a scenario where there seems to be a growth slowdown. I have created a chart for you in this article which shows the price to earning ratios of these two indices with respect to that of the BSE 30 Sensex. Update: […]
Swaraj Engines – Stock Research – Update
A few days back I had written a detailed research note on Swaraj Engines Ltd. As expected the slowdown in tractors sales is a reality. Mahindra & Mahindra announced their results 2 days ago. They had a decent quarter with net profit up 26% year-on-year. What’s of interest are the tractor sales figures as these […]
Are mid-cap and small cap stocks overvalued right now?
Economic Slowdown Economic figures for India clearly are pointing to a slowdown. In such a scenario how does it impact the stock market? At an aggregate level, it is common knowledge that large caps handle battering far better than mid-caps and small caps. Page 17 of Times of India, 6 August 2012, Monday, has an […]
Swaraj Engines Ltd. stock research – a promising small cap company
One of the companies I have invested in since last year is Swaraj Engines Ltd. It is a small cap stock with a market cap of RS. 490 cr as of close of day, 3 August 2012. Summary Manufactures and supplies tractor engines for Mahindra & Mahindra’s “Swaraj” brand of tractors. Indian agriculture sector has […]