Celebrating 15000 visitors this DIWALI
October 21, 2015
Two Muhurt Picks
November 11, 2015
Dear friends, Our DIWALI SIP gift to all our followers and friends is out. This is DB CORP from media and entertainment sector.
The current market capitalisation stands at Rs 5,860.52 crore. The
company management includes Ramesh Chandra Agarwal – Chairman, Sudhir
Agarwal – Managing Director, Pawan Agarwal – Deputy Managing Director,
Girish Agarwal – Non Executive Director, Kailash Chandra Chowdhary –
Ind. Non-Executive Director, Piyush Pandey – Ind. Non-Executive
Director, Harish Bijoor – Ind.
Currently It is trading at INR 319, i.e. five times its book value, with virtually debt free balance sheet. Its debt has consistently decreased from 180 Cr. to 98 Cr now for last four years.
Its Networth has increased from 959 Cr to 1286 Cr in last four years.
Promoters are holding 70% firmly in the company. Top public holdings belong to Nalanda India Equity Fund Limited, which holds about 8% in the company, whereas HDFC Trustee Company Ltd – A/c HDFC Mid – Cap Opportunities Fund holds more than 2%. It is bought by 71 Mutual fund schemes including SBI, BIRLA SUN LIFE, ICICI , KOTAK, HDFC mutual funds etc.
So we assume that the company may perform better in coming time.
Also, we would be regularly telling you (those subscribed MyWay SIP) to make you positions at relevant times.

Note : Please make your own state of mind before entering into any stock and please do read this before investing.

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