Marksan Pharma
- Marksan Pharma was one of the Major Multibagger in our recommendations.
- But the stock crashed from 105 to 34. It then bounced back to 60 odd and now trading at 44.
- Want to Share some latest updates on this stock which could move this stock again higher.
Updates:
- Vanguard International buys 23.66 lakh shares of Marksans Pharma
- Marksans Pharma appoints Vinay Gopal Nayak as additional director
- UK regulator allows manufacturing at Goa unit
Bank of Baroda MultiBagger 5 year time frame Long Term
- Starting in 1908 from a small building in Baroda to its new hi-rise and hi-tech Baroda Corporate Centre in Mumbai, is a saga of vision, enterprise, financial prudence and corporate governance.
- The founder, Maharaja Sayajirao Gaekwad, with his insight into the future, saw "a bank of this nature will prove a beneficial agency for lending, transmission, and deposit of money and will be a powerful factor in the development of art, industries and commerce of the State and adjoining territories."
- Between 1913 and 1917, as many as 87 banks failed in India. Bank of Baroda survived the crisis, mainly due to its honest and prudent leadership.
- Bank is Run by Mr. P. S. Jayakumar, CEO is a Chartered Accountant by qualification and additionally holds a Post Graduate Diploma in Business Management from XLRI Jamshedpur. He also has the distinction of being a Chevening Gurukool Scholar through the London School of Economics and Political Science.
- Sales of the Bank has constantly growing at 10 %. Currently its EPS has dropped due to high bad loans given,
- But restructuring and new RBI norms will help the Bank to recoupe and comeup and this stock can go up and become a Multibaggers in next 5 years.
With Retail Inflation high at 6.85 % RBI Raguram Rajan might not cut Interest rates
- For past 2 days Indian Share market has moved close to 1000 points on hope that RBI will cut interest rates as the Fiscal Deficit it well under control of 4%
- But the Fact is Rajan never said he will reduce interest rate if the Fisical Deficit is low.All he said was that RBI mail focus is to contain Inflation.
- With Retail Inflation high at 6. 9 % and RBI target of 5 % by March 2017, and 7 Pay Commission kicking in later part of the year, RBI will not be able to contain inflation if he gives a rate cut.
- With all this in place, RBI will not could not cut any intrest rate for 2016.
- So be cautious in Market and dont get caried away by Blue channel.
- Do your own analysis and if it feels right then invest your hard earned money or do a SIP.
