Equitymaster
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Equitymaster delivers independent, unbiased research on the Indian stock market. Trusted by investors since 1996, we help you build long-term wealth with honest, actionable insights — straight to your phone. https://www.equitymaster.com
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My Back of the Envelope Valuation for BPCL & HPCL

Is it right to value big stocks like BPCL and HPCL based on just broad numbers?

Valuing BPCL & HPCL

Here’s an extract…

Our parents and grandparents excelled at making pretty accurate back-of-the-envelope calculations.

Does back of the envelope calculation work in a field like investing as well? Or is it a field where one is required to apply scientific rigor and precision?

Well, if you look at all the great investors like Ben Graham, Warren Buffett, and Peter Lynch, I don’t think any of them applied complex mathematical formulae to evaluate their investments.

Which is why I believe this approach would work in India as well. In fact, I have used a real life example in order to test the practical applicability of this approach.

Read on to find out the various steps in this approach and what it holds for stocks like BPCL and HPCL.

http://www.eqtm.in/Kg25A
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Why Skipper Share Price is Rising

Here’s why this multibagger stock continues to rise.

http://www.eqtm.in/q8Y5F
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Top 5 PSU Stocks with Dividend Yield Above 5%

The true investor will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies.

High Dividend PSU Stocks

Here’s an extract…

Companies paying out a slice of their earnings to shareholders typically have a record of strong profits.

This gives an incentive to the company to maintain the dividend payments in the future.

Continue reading to know more about the top PSU stocks with dividend yields of over 5%.

http://www.eqtm.in/Tc9g3
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5 Upcoming IPOs of Tata Group

After the IPO of Tata Technologies, these five new Tata Group companies are set to list on the exchange soon.

http://www.eqtm.in/s5ZHb
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Stock Market Update - Sensex Today Ends 282 Points Higher | Nifty Hits Fresh High | Rajesh Exports Zooms 13%

The BSE Sensex ended higher by 282 points while the Nifty ended 82 points up.

http://www.eqtm.in/Rf7p9
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Stock Market Update - Gift Nifty Down 24 Points | JSW Steel To Buy Australian Coal Mine | Zomato Plans D2C Expansion | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

http://www.eqtm.in/b2A3K
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Stock Market Update - Sensex Today Trades Lower | EID Parry Jumps 7%, MRPL Down 4% | Coal India & Eicher Motors Top Losers

Indian share markets are trading on negative note with the Sensex down 58 points and Nifty trading 31 points lower.

http://www.eqtm.in/Wf32D
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Why 2024 is an Inflection Point for Spactech Economy

Some lesser known companies that could follow the rise of spacetech economy.

Spacetech Opportunities

Here’s an extract…

India is slowly getting ahead of Western economies like the US and Russia and has been the first to successfully land on moon's south pole. As per ISRO, by 2025, the Indian space economy could grow to US$ 50 bn, an almost six times gain.

To know more about what is driving these assumptions and about the stocks in the listed space riding this trend, read on…

http://www.eqtm.in/c5EMg
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Lithium Stocks - an Emerging Opportunity for Investors

Lithium is the new oil. That’s the reason why India is focusing heavily on expanding its lithium reserves.

If you can tap into this opportunity with India’s best lithium stocks, then there is a potential to make huge gains over the long term.

At our upcoming event, we’re going to reveal everything about this big opportunity.

Just see this page to get full details

http://www.eqtm.in/i8BDq

Tap here for details
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Why Whirlpool of India Share Price is Falling

For Whirlpool of India, there’s a strong chance that a turnaround is not far away. Here’s why the stock deserves a place on your watchlist.

Whirlpool Stock Falls

Here’s an extract…

In early trade on 20 February 2024, Whirlpool of India share price declined 5% after its promotor sold stake via a block deal.

Whirlpool of India's promoter, Whirlpool Mauritius Ltd, sold 24% stake worth US$451 million (Rs 27.5 billion) as per a term sheet.

Continue reading…

http://www.eqtm.in/c8C7F
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Stock Market Update - Sensex Today Ends 350 Points Higher | Nifty Ends at Record High | Allcargo Logistics Zooms 13%

The BSE Sensex ended higher by 350 points while the Nifty ended 87 points up.

http://www.eqtm.in/q3LQe
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4 Stocks to Watch Out for Bonus Shares and Stock Splits in March 2024

Here's the monthly bonus and stock split update for March 2024.

http://www.eqtm.in/Li6n9
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Why Natco Pharma Share Price is Rising

Natco Pharma zooms 21% in 5 days, hits 52-week high. What's driving the rally?

http://www.eqtm.in/En36N
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Insider Buying Alert: 6 Smallcaps for Your Watchlist

Why these six smallcaps deserve your attention.

Click for More...

http://www.eqtm.in/f3KLy
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Stock Market Update - Gift Nifty Up 16 Points | Tech Mahindra Acquires Orchid Cybertech | Zaggle Prepaid Partners EaseMyTrip | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

http://www.eqtm.in/Jb97M
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Stock Market Update - Sensex Today Trades Higher | Nifty Hits Fresh High | Zee Entertainment Plunges 10%, Campus Active Climbs 9%

Indian share markets are trading on positive note with the Sensex up 108 points and Nifty trading 36 points higher.

http://www.eqtm.in/w2GRi
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Google Competitor in India’s Tech Revolution

A homegrown, secure GPS technology helps the economy in a significant way.

India’s Tech Revolution

Here’s an extract…

India's need for an indigenous satellite navigation system was felt earlier, but the Kargil experience made India realise its importance.

Amid increasingly shifting geopolitical realities, it is even more crucial for India to be self-reliant in satellite navigation today.

What kind of companies are helping India in this new technology landscape?

Find out in this Profit Hunter

http://www.eqtm.in/d7X8M
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IPO Bandwagon Gets Bigger with Oyo and Ola Set to Launch Biggest IPOs of 2024

Both these companies share contrasting tales on how far they’ve come to launching their initial public offers this year. Read on…

http://www.eqtm.in/n9H4Q
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How to Ride This Astonishing Growth in EVs?

EV is an emerging opportunity of this decade.

And most investors think the best way to ride this opportunity is through stocks of EV making companies. Well, our research suggests that’s not a recommended strategy.

At our upcoming event, we’re going to reveal an indirect path to riding this EV opportunity with India’s best lithium stocks.

Click the link below to see full details

http://www.eqtm.in/Tg9y5

Tap here for details
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Best Steel Stock: APL Apollo Tubes vs Ratnamani Metals

India's steel pipe industry is expected to grow at a CAGR of 9% in the next five years. And this pipe manufacturing company has a competitive advantage compared to its listed peers.

http://www.eqtm.in/c9JEs
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Stock Market Update - Sensex Today Plunges 550 Points | Zee Entertainment Tanks 14%, MRPL 6% | BPCL & NTPC Top Losers

The BSE Sensex ended lower by 550 points while the Nifty ended 179 points down.

http://www.eqtm.in/Ek94N
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