Research report summary for this week! Six company stocks saw BUY reports from analysts. One stock with ACCUMULATE. Seven stocks came in as HOLD/NEUTRAL. PICK of the week: PNC Infratech Ltd, which has received five price upgrades over the last six months from Angel Broking, HDFC Sec and ICICI Securities. The most recent report from Angel Broking on 8th June 2016 has recommended that investors ACCUMULATE this stock with a new target price of Rs 647(up from Rs 558). The average target price of PNC Infratech from 4 brokers is Rs 674. Date Stock Target Upside Type Price on report date Broker Upgrades/downgrades - last 6 months 2016-06-03 Balaji Amines Limited - BALAMINES 310 +29.44 BUY 221 Nirmal Bang - 2016-06-03 Blue Star Limited - BLUESTARCO 495 +12.5 BUY 415 Angel Broking 1 upgrade till date 2016-06-03 Grindwell Norton Limited - GRINDWELL 780 +14.71 BUY 685 ICICI Securities Limited 2 upgrades till date 2016-06-03 HEG Limited - HEG 150 +0.07 HOLD 149.75 ICICI Securities Limited - 2016-06-03 NHPC Limited - NHPC 23 -6.31 HOLD 24.7 ICICI Securities Limited 1 upgrade till date (target met) 2016-06-03 SML Isuzu Limited - SMLISUZU 1294 +25.63 BUY 1050.5 Karvy - 2016-06-03 Tech Mahindra Limited - TECHM 700 +30.91 BUY 550.2 Angel Broking 1 downgrade till date 2016-06-06 Butterfly Gandhimathi Applia - BUTTERFLY 180 +4.65 HOLD 163.1 ICICI Securities Limited - 2016-06-06 Maharashtra Seamless Limited - MAHSEAMLES 240 +0.84 HOLD 230.95 ICICI Securities Limited - 2016-06-06 Titan Company Limited - TITAN 355 -2.45 NEUTRAL 353 Phillip Capital 2 upgrades till date 2016-06-08 MEP Infrastructure Developer. - MEP 73 +93.12 BUY 39 BOB Capital Markets Ltd. - 2016-06-08 NIIT Technologies Limited - NIITTECH 525 -2.78 HOLD 540 ICICI Securities Limited 2 upgrades till date 2016-06-08 OnMobile Global Limited - ONMOBILE 137 +22.38 HOLD 111.95 Nirmal Bang - 2016-06-08 PNC Infratech Limited - PNCINFRA 647 +13.53 ACCUMULATE 566 Angel Broking 5 upgrades till date
Manage your budgets with this definitive list If you want help managing your money with an app, which one do you go for? Look no further. We go through the most useful apps to manage your money - we examine the big guns, as well as the rising challengers. And one app just had to be mentioned for its unusual approach. THE BIG GUNS Moneyview - Your Money Manager Over 1,000,000 installs Money management and savings options This app creates a full financial summary for you automatically: it auto-tracks your information, adding details based on your financial SMSes and bank statements you get. It gives you bill payment reminders, allows you to track a budget, and identifies savings options to put in your money. The app also claims to be highly secure, not reading any sensitive data - it does not collect your full bank account numbers, no OTP, and no netbanking login/passwords. Link Walnut Money Manager Over 1,000,000 installs The Social Money Manager Another autotracking, autofilling app, so that your fingers don’t hurt. This app has a strong social approach, and assumes you do a lot of spending while out with other people. You can split expenses with friends and also send reminders to the ones who owe you money (including that one guy who always ‘forgets’ his wallet at home). \ You can also look up information about restaurants and events and share with your friends. Also keep track of your taxi and movie bookings: in a way this app acts as your money manager and also your butler. Jeeves knows what’s in your wallet. Link UP AND COMING: Top Contenders SmartSpends: Money Manager App Over 100,000 installs Analytics and offers The SmartSpends app like the others, tracks your spends and financial footprints automatically. It also offers you some interesting analytics: how much did you spend over the weekend compared to weekdays? This app may help you curb your worst party-spender instincts, where you wake up the next day with a splitting headache and an empty wallet. This clever little app also claims to help identify offers on your debit and credit cards, throwing up suggestions on which card to use where. Link Gullak Expense Manager and Money Saver Over 100,000 installs Analytics and offers This app does all the essentials, autotracking, splitting of expenses, providing graphs and charts to know your particular weaknesses when it comes to money. You can manage multiple user accounts and sync across devices. Link MOST INNOVATIVE Mvelopes Budget App Over 50,000 installs Savings, old-school style For sheer inventiveness, Mvelopes takes the cake. The app is based on what your grandma used to do: put money in an envelope, mark it as ‘next month’s groceries’ and keep it inside a locked cupboard. Mvelopes lets you keep money in virtual envelopes for different uses, marking them as EMI payments, shopping bills, school fees, and so on. You get alerts when one envelope is almost empty. It provides real-time budgeting updates and imports your bank and card statements as well. Link That’s the roundup! Keep an eye out for the next FridayList.
A pair of researchers from Fractl, a data-marketing firm, pored over the post-mortems written by founders after their companies shut down, to identify the reasons entrepreneurs think their startups failed. The results are below. The biggest reasons were either unviable business models or startups running out of cash. Fashion companies most often cited money problems - running out of cash or not being able to secure funding - for their failures. Social media companies struggled with traction and creating a viable business model. And software company founders concluded their problems stemmed from focusing too much on the technical aspects of their products and ignoring what customers actually wanted. Source: Quartz
Chart of the Day: Q4 performance of companies left expectations in the dust The market cheered, there was a lot of green in the financial statements this quarter. Overall, actual performance of companies that declared results so far has beaten expectations by a net surplus of Rs 20,900 crore in revenue. Net profits across companies have beaten expectations by a surplus of Rs 2672 crore. Visually you can see some firms saw big spikes - actual performance beating the predictions before results by large amounts. Heavyweights like BPCL, Adani Power, HDFC, and Reliance Industries performed substantially above expectations. Data source: Business Standard
