The RBI has prescribed a new pricing regime applicable to foreign investor exits using Call & Put options. And while it‘s not our case that equity should get assured returns, a dual pricing regime is confusing and in some cases unfair.
3 months after SEBI cleared Call & Put options by amending the SCRA, RBI has also made way for their inclusion.
The RBI may de-link the option pricing from DCF valualtions as many believe they can be manipulated. The regulator wants to put call & put options as they are a common agreement feature but also wants to safeguard against misuse.
Trader and investor Atul Suri, while addressing an Investor Camp, explained the thumb rules while investing. He focussed his talk on how momentum-based trading sometimes leads to having a large portfolio with loss-making stocks.
Motilal Oswal is bullish on Petronet LNG (PLNG) and has recommended buy rating on the stock with a target price of Rs 210 in its January 15, 2013 research report.
CRISIL Research has come out with its report on Omnitech Infosolutions. The research firm has maintained fair value of Rs 182 and valuation grade of 4/5 to the company. The subsidiaries are expected to break even in H1FY14, says CRISIL.
CRISIL Research has come out with its report on S Mobility. According to the research firm, to ensure better profitability, the company has scaled down its store addition plans and is targeting a net addition of ~80 stores in FY13.
CARE Equity Research has assigned a fundamental grade of 4/5 to Responsive Industries.
Microsec is bullish on Hindusthan National Glass Limited (HNG) and has recommended buy rating on the stock with a target of Rs 203.50 in its December 9, 2011 research report.
The valuation deadlock was finally broken in Cadbury’s delisting spat with its minority shareholders as the chocolate maker agreed to provide projected financials to the Bombay High Court appointed valuer Ernst & Young.