Nalco – Follow Up Note

Had covered Nalco earlier when the price was Rs 50 at market cap of 9450 cr Note Link : https://phoenixcapital.home.blog/2019/05/29/nalco-a-state-owned-government-gem/ NALCO Market cap- 17,200 cr CMP- 93.5 Industry Scenario & Fundamentals Current Price 2,500 USD per ton LME price. Aluminum prices are at 3 yr high. Last quarter 2,300 USD. Last year 2,000 USD. Process of Aluminum– 3 tons of bauxite required for 1 ton … Continue reading Nalco – Follow Up Note

phoenixcapindiaAugust 2, 20211 Comment

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State Bank Of India

State Bank Of India Market Cap- 2.96 lac crCMP- 332Book Value- 250 1. OverviewSBI is the largest state owned bank in India having a market capitalization of roughly 3 lac cr. PSU banks have had a rough 5 odd years owing to abnormal rise in NPAS arising from mostly the 2004 to 2014 era. The bank spent nearly 4 years 2016 to 2019 to provide … Continue reading State Bank Of India

phoenixcapindiaDecember 15, 2019February 18, 2020

Phoenix Capital

A phoenix must first burn

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Nalco – Follow Up Note

State Bank Of India