Why investors prefer Damani’s D-Mart over Biyani’s Future Group

In terms of valuation, analysts expect Future Retail to post an EPS of Rs 7 for the current fiscal, discounting its current price of Rs 263 by 37 times as compared to 77 for D-Mart. But D-Mart has a faster growth rate and a more efficient business model which will always give it a premium over other players. Continue reading Why investors prefer Damani’s D-Mart over Biyani’s Future Group

Subscribe to Shankara Building Products IPO: Niche company, strong management

SBP is a unique company in the sense that its retail stores offer home improvement and building products. The company offers structural steel, cement, thermo mechanical treatment bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing products, tiles, sanitary ware, water tanks, plywood, kitchen sinks, and lighting and other allied products. Continue reading Subscribe to Shankara Building Products IPO: Niche company, strong management

Idea + Vodafone: Birlas play safe, Vodafone consolidates, shareholders in limbo

The investor is thus getting a merged entity of Idea-Vodafone with an enterprise value of Rs 154,800 crore which is saddled with a debt of Rs 107,900 crore and its equity is valued at Rs 46,900 crore. In other words, investors are getting more debt than equity in their hands, something that is similar to the current position. Continue reading Idea + Vodafone: Birlas play safe, Vodafone consolidates, shareholders in limbo