Ganga Forge NSE SME IPO: Inconsistency in track record makes this issue a miss

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 Ganga Forging Ltd. (GFL) is engaged in manufacturing of closed die forged products catering to both automotive and non-automotive segment. Business Automotive segment include manufacturing of products catering to commercial vehicle, passenger car, three wheeler, two wheeler and tractor. Non-automotive segment include electric power transmission, dairy equipment manufacturing, agricultural, gear and gear box, crank shafts, … Read more

Rudrabhishek Enterprise SME IPO: Consider moderate investment for long-term

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Rudrabhishek Enterprise Ltd. (REL) that started as a service provider expanded its service portfolio to Infrastructural services, Urban Designing and Planning, Global Information system, Building Designing service and Project Management service. Business REL is an ISO 9001:2008 Certified Company which follows good management practices. Considering its servicing portfolio, REL is a “One Stop Solution” for … Read more

Varroc Engineering IPO: Consider for long term

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Varroc Engineering Ltd. (VEL) is a global tier-1 automotive component group catering to OEMs. It designs, manufactures and supplies exterior lighting systems, plastic and polymer components, electrical-electronics components, and precision metallic components to passenger car, commercial vehicle, two-wheeler, three-wheeler and off highway vehicle (“OHV”) OEMs directly worldwide. Business VEL is the second largest Indian auto … Read more

What not to do in stock markets now

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Every one of your endeavors requires a basic common sense approach. Particularly, investing in the stock market. Common sense helps you to think clearly and make informed and calculated risks in the stock markets – one that will pay you off in the long run. So, here are a few thoughts to keep in mind … Read more

ICICI Prudential AMC’s Bharat 22 ETF seeks to mobilise a further Rs 6000 crore

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ICICI Prudential managed Bharat 22 – Exchange Traded Fund (Bharat 22 ETF) seeks to mobilise upto Rs 6000 crore through a further fund offer. The FFO is part of the Government of India’s overall disinvestment program, announced earlier by the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, using the ETF route. … Read more

Rites IPO can be considered for long term investment

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Rites Limited (Rites) (erstwhile known as Rail India Technical & Economic Services Ltd.) is a wholly owned Government Company, a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India and the only company having diversified services and geographical reach in this field … Read more

Fund houses launch health care schemes on promising outlook

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ICICI Prudential Mutual Fund and Mirae Asset Mutual Fund are launching thematic funds investing in health care and allied sectors. The domestic health care sector is the flavor of the season as stocks underperformed broader indices bringing valuations down to relatively more attractive levels, while the sector also reflects a play on the demographics and … Read more

Accuracy Shipping SME IPO: investors may consider at their own risk

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Accuracy Shipping Ltd. (ASL) is a third party logistics solutions provider. It offers customized and end-to-end logistics solutions and services including transportation and distribution, freight forwarding, clearing and forwarding service, custom house clearance, warehousing and value added services to clients. Business ASL is also engaged in handling of project cargo, which is a specialized activity … Read more