Sunday, November 5, 2017

DVRs In Indian Context




  1. Voting Rights . Lesser Voting rights 
    1. Tata Motors    -  DVRs has 1/10 of voting rights of regular share 
    2. Jain Irrigation -  DVRs has 1/10 of voting rights of regular share 
  2. Dividend -  Might be more for DVR shares 
    1. TataMotors - 5% extra for DVR 
    2. Jain Irrigation - Same level of dividend 
  3. Market Price 
    1. TataMotors - DVR discounted between 20% to 45% historically . Refer to Picture 1 
    2. Jain Irrigation - DVR discounted between  25% to 45% historically Refer to Picture 2
    3. Internationally discount is around 10%. Needs to be substantiated  .
  4. Dividend Yield 
    1. Due to #2 and #3 , dividend yield for DVR shares is substantial higher . 
    2. Tata Motors    :  40% - 136% more yield for DVR 
    3. Jain Irrigation : 34%  - 103% more yield for DVR



    Picture1




  Picture 2 




Saturday, March 18, 2017

Nifty 2004-17


Follow up on following blog with recent data
http://blog.premkumarsj.in/2010/01/locate-cyclical-tops-in-stock-market.html