SJVN was one decent quality company to offer shares amongst the sea of junk initial public offerings.The government which had faced tepid response to the IPO of its state owned companies earlier in the year tried to leave something on the table for the investors with SJVN.But considering the price action today it seems the […]

India has a number of large state owned Oil/Gas companies most of which are listed on the stock exchange.However these companies are difficult  to value fairly as the government not only owns controlling stakes in these companies but also has a complex system of subsidies which lead to large losses for these companies.If the government  […]

The Indian Government under the Jawaharlal Nehru Solar Mission has proposed ambitious plans for the development of solar energy with a 20 GW target by 2022. This implies almost 1 GW of solar energy to be installed per year in the country.At the current prices that is an impressive $4 billion in investment per year.Naturally […]

After a bunch of junk IPOs that have flooded the market like Nitesh Estates ( subscribed 1.15 times ) , Tarapur Transformers that seems to have only retail and HNI investors till now,Tara Health Food ( hugely overpriced)  , Tawalkars Gym ( same overpricing) and Mandwana, we seem to have a quality IPO coming at […]

Orient Green Power Ltd (OGPL), is planning to raise  Rs 900 crore to fund its expansion plans of raising capacity to 1000 MW by 2013 from the less than 200 MW now.Shriram EPC, Bessemer andOlympus Capital are the promoters of this company started in 2007 . From its website OGPL is a leading renewable energy […]