HDFCBank - A good buy now…

HDFCBank is one of the widely spread banks with second largest market capitalization in India, followed by ICICI Bank. I am tracking the stock from the past 3 months and observing closely frompast 2 weeks. Right now, in the past 3 days it has fallen about 8% which is seeking the bottom if you look the [...]

Financial Term Of The Day-”Profit Margin”

 Profit Margin: A ratio of profitability calculated as net income divided by revenues, or net profits divided by sales. It measures how much out of every dollar of sales a company actually keeps in earnings.
Profit margin is very useful when comparing companies in similar industries. A higher profit margin indicates a more profitable company that [...]

Raymond and SBI in problem

        Raymond is currently trading at the market price of Rs:259/- and the fair valuations are around Rs: 200/- says Merrill Lynch. The poor earnings visibility, especially in the denim business is mainly said to be the reason behind the lowering the rating of Raymond, which was looking strong in Jan and Feb, but now [...]