Coal India Ltd Initial Public Offering (IPO) is set to open for subscription on October 18 and will close on October 21, 2010 with a price band of Rs 225-245 a share. Employees and retail investors will get 5% discount to the issue price. Coal India is offering 63.16 crore equity shares through the issue,...

Here is a list of some of the companies that are currently in IPO or coming to IPO soon in the Indian Stock Markets. Click on the company link to access detail information about the IPO such as IPO Price Band, Business of the company, what is the PO for and the rating of the iPO from rating agencies...

Issue opens: 17-Sep-2010 Issue closes: 21-Sep-2010 Type: Public Issue, 100% Book building Shares on offer: Fresh Issue of around 20 m shares (calculated at the higher end of the price band) Issue Size: around Rs 3.5 bn Face Value: Rs 10 per share Offer Price: Rs 158 to Rs 175 per share. Minimum  subscription:...

Angel Broking has recommended following top picks for the month of September from universe of small caps. The investment rationale and target price for each stock has been mentioned. Electrosteel Castings  (ECL) CMP: Rs 55/ TP: Rs 72/ Upside: 32% Rationale: ECL is venturing into steel-making through...

Angel Broking has recommended following top picks for the month of September from universe of mid caps. The investment rationale and target price for each stock has been mentioned. Anant Raj Industries Current Market Price: Rs 138/ Target Price: Rs 178/ Upside: 29% Rationale: Almost all of ARIL`s land...

Angel Broking has recommended following top picks for the month of September from universe of large caps. The investment rationale and target price for each stock has been mentioned. Axis Bank Current market price (CMP): Rs 1,380/ target price (TP): Rs 1,688/ Upside: 22% Rationale: The Bank has expanded...

Capital, be it debt or equity, comes at a cost. It is, therefore, important to know if a company is generating enough returns to cover that cost. If the returns are higher than the cost, the company is adding value, else value is being lost. We use profitability ratios, such as return on assets, return...

Many stock market investors often wonder which is the best time to sell their stocks. Be it profits or loss, there are some situations when an investor takes the decision to sell. Many rely on instinct or impulse alone. However, consider these points to take a more prudent decision that wouldn’t...

Commonly used ratios As there are different measures of profit (such as gross profit, operating profit and net profit), we can calculate one profitability ratio corresponding to each measure of profit. These ratios are gross profit margin (GPM), operating profit margin (OPM) and net profit margin (NPM). Other...

Here are the synopsis from the detailed report published by ‘Economic Advisory Council to the Prime Minister’ on the ‘Economic Outlook for FY 2010-2011′ in India Growth Prospects 1. The performance of the Indian economy in 2009/10 greatly exceeded expectations. The farm sector...