20 results for “GRASIM”

The futility of analyst recommendations

We analysed over 2,000 analyst recommendations (upgrades and downgrades) made by institutional equity analysts over the last ten years for the 50 Nifty stocks. We measured the 60-day return on the stock after the recommendation to see how those analyst recommendations fared. What we found: Since 2010, there have been 4x more upgrades than downgrades i.e. 1,638 upgrades versus 408 downgrades 63% of upgrades were followed by a higher stock price 60 days later. 55% of downgrades were followed by a lower stock price 60 days later. Overall, 61% of analyst recommendations were borne out by the direction the stock moved, but this is only part of the story Reliance, the largest Nifty component has the 3rd best overall quality of recommendations Tata Consumer Products, Apollo Hospitals, Bajaj FinServ were the others with decent analyst recommendation track records HDFC Life, UPL, BPCL, Nestle, and Wipro have had the worst quality recommendations Overall, only 50% of upgrades beat the Nifty over the next 60 days. 46% of downgrades did worse i.e. rose more or fell less than the Nifty. Investors relying haphazardly on buy and sell recommendations should revisit their investment process or better still just buy the index.

Introducing the Capitalmind Low-Volatility Portfolio

Introducing the Capitalmind Low Volatility Portfolio Factor Investing is about defining a characteristic (also called factor), and consistently applying a set of criteria to buy a diversified portfolio of stocks that share that characteristic For a factor to be implemented over the long-term, it needs to be persistent, pervasive, robust, investable, and intuitive. The last condition makes sure investors don't fall into the Bangladesh Butter Production problem Based on its run in the last 18 months, Momentum is one of the better-known factors. A long-term portfolio should ideally have adequate factor diversification. In a paper, the authors go as far as to say "...factor diversification is more effective at reducing portfolio volatility and market directionality than asset class diversification" Our backtests show a quarterly rebalanced portfolio of stocks with lowest volatility can outperform the NIFTY both from a returns and downside volatility perspective

Charts: The P/E of the Nifty 50 Is Close to a Five Year Low

Wealth Letter Jan 2020: The Nifty 10 Years Ago, and the Coming Age of Disruption

Charts: Nifty 50 and Nifty Junior Monthly Returns, PE and Earnings Growth

Charts: The Consolidated P/E of the Nifty Stocks And Their Earnings Growth

Grasim-AB Capital Demerger: How to Calculate Your Purchase Price

How Is Your Purchase Price Divided After a Demerger?

Q2FY17 Earnings Report: Results of 233 Companies So Far

On Slack: Automation Eating Jobs, e-KYC Mutual Funds, Mediclaim Maladies, Muscular Portfolio, Wrecking Capital Markets and much more...

Profits of Nifty Companies Are *Lower* by 9% in June Quarter, Which Is Probably Good News

On Slack: Great Train Robbery, Indian Regulatory Maze, Ponzi Schemes, Provident Fund Defaults and much more...

Results: 28 of 50 Nifty Companies Show 0.6% decline in Net Profit for Q4 2016, Annual Growth at 5.4%

Delivery Shockers – 04/03: Adani Ports, Grasim, Federal Bank and Aditya Birla Nuvo Show up in Today’s Shockers

December Results - Nifty Companies Deliver Stunningly Poor Results; Combined Profits Decline over 15%!

Q3 Results are out! All the listed companies have announced their Q3 Results for the FY 2016 (Quarter ending December 31, 2015). Analysts, industry watchers and economists alike have been waiting with bated breath for news of the reported Results to pour in? Were they to be disappointed? Or would we finally hear some long-awaited good news?

Capsule – 07/01: Finolex, Inox, Syngene and Grasim Industries Throw up in Delivery Shockers Today!

Capsule – 24/11: Globe Capital Market, Unifi Capital sells while Morgan Stanley Asia buys Aditya Birla Chemicals, Sourabh Cutting Tools adds more of Emkay Taps & Cutting Tools, Shilpa Porinju & Rajasthan Global Securities buy Globus Spirits

Chart: Nifty Company Results Show Abysmal Profit Growth Even as Banks and Auto Shine

September 2011 Advance Tax Numbers

Results: Bad for Nifty EPS, Mixed bag though