Finance, Projects and Charity

Shares Which Stood At 50% Discount :- Maharashtra Seamless  It's an Iron and Steel Company.   Face Value is Rs5. Current Market Price is 579.65 Price Earning is 11.92. Price/Book Value is 1.98. Price/Sales is 2.10. Market Capitalisation is 7767 crore.  Return On Equity is 16.60%. Double dividend received in March 2024. Net Profit is 134 crore.  Reserve & Surplus is 5663 crore Intrinsic Value is Rs752. ROCE is 20.36 Peg is 0.45 FII investments are 9.23% DII investments are 5.37% Sales is down to 1150 crore Cash Flow is getting positive Interest coverage is too high at 160.99. Expect less in the years to come.  Advertisement :-

Indian Debt will be included in the global bond market , to acquire more funds to maintain growth in the economy. But............... Will it happen??? RBI Governor Raghuram Rajan had already discussed India's inclusion with the Global Bond market. For this Indian bonds must be indicised and apart from that it must be graded by International agencies. This comprises of Government Bonds, Corporate Bonds and High Yield Bond. This index can give you an idea that Bond market is bearish or bullish.  Actually Bond work in viceversa with the stock market. If Bond market is bullish, stock market will fall down. If Stock market is bullish, Bond market will be in the beating end. This will bring in lot of Foreign Institutional Investors [FIIs] in the Indian market. But it will take more than one year to reform the Bond market in India.