Strong Stocks in a Bear Market 6: BLS International
Moneylife Digital Team 26 July 2022
BLS International Services Limited (BLS) is among the top-3 global players in visa application outsourcing with three segments of operations: visa & consular services, e-governance services and other citizen services (G2C: government-to-citizen services). It operates in 62 countries and has 2,300+ offices worldwide. This is done either through a joint venture with a local player or through...
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Are Indian Chemicals Companies Poised To Benefit from European Energy Crisis?
Moneylife Digital Team 25 July 2022
Europe is bracing for an energy crisis as it fears Russia might reduce its supply of natural gas. In such a scenario, there may be rationing of gas, especially for industries such as chemicals and fertilisers. This can throw up an...
Syngene International: June ’22 Results Update
Moneylife Digital Team 25 July 2022
Syngene International (Syngene) recently announced results for the June quarter. Revenue grew by 8% y-o-y (year-on-year) to Rs645 crore driven by strong performance across all segments. The first quarter (Q1FY22-23) results were...
IPOs and the Farce of Regulation Based on the ‘Rational Man’
Debashis Basu, 22 July 2022
In mid-July last year, CarTrade, a website to buy and sell used cars and car financing, got listed. The initial public offering (IPO) was priced at Rs1585.
Last week, its stock price closed the week at Rs640, a loss of 60%...
Bank Stocks To Track – IV: City Union Bank
Moneylife Digital Team 22 July 2022
We had discussed a 3-factor model for short-listing bank stocks here. According to the model, City Union Bank Ltd (CUB) emerged as the fourth most favourable bank in terms of a combined score, based on three factors of...
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