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Month: April 2007

2 / 3

Auto Sales Down in March: Don't read too much into it

Tata Motors has release monthly sales figures for March 2007. The sales are up “only 11%” – the “only” being a matter of concern, ...

Stock Update: BHEL

On April 3, I recommended that you buy BHEL on stellar results. What’s happened in the last few days has prompted me to propose an update. The stock ...

How can FMPs save you tax?

FMPs, or Fixed Maturity Plans are quite in vogue nowadays – and they all tell you they’re going to save you a lot more tax than bank fixed deposits ...

The silly game of media projections

Are you tired of all the predictions going around on CNBC and various journals and newspapers? You must see this hilarious video; interviews with the homeless ...

What's the deal with inflation and the rising rupee?

To control inflation, the RBI seems to be letting the rupee rise. It closed at its 8 year high on Thursday, at Rs. 42.9 to the dollar. Gains of nearly 5% this ...

EMI Principal and Interest Calculator

I was asked how EMI interest and principal works – the idea of that is kinda complex, like the calculation describes. But the essential funda is: Take ...

Stock Idea: BHEL

BHEL just announced its results for 2006-07. Highlights: Revenue: 18,702 cr. (up 29%) Net Profit: 2,385 cr. (up 42%) EPS: Rs. 97.4 (42%) They want to target ...

Liquid Funds are better than Fixed Deposits

The increase in Dividend Distribution Tax (DDT) in Budget 2006 has been touted as a big issue. Specifically on liquid funds and money market instruments, where ...

Wrong data can affect good analyses

Sometimes wrong data can be extremely harmful – I noted earlier that the Sensex P/E is incorrectly calculated, and uses outdated earnings. But being the ...

Sensex P/E calculation awry?

Update: This entire article is wrong. The P/E calculation is simple: Weighted Market Cap (791,825.38) divided by weighted earnings (40,570.21) which is 19.52, ...