Prakash Steelage makes seamless and welded stainless steel pipes and tubes for sectors ranging from chemicals and fertilisers to oil and gas and refineries. The company, which listed in August 2010, received a good response from investors initially, but has been steadily declining since. It has a high debt-equity ratio of 3.12, but this is warranted given its expansion plans. The company is expected to sustain the growth momentum in the near term given a firm demand trend from its user segments.
Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300 Real Returns in Investing A Anil Singh (name changed), 44, works with a private company and believes in investing his entire savings in fixed deposits. His financials from the year 2000 till date is given in the table. Anil's savings in FDs gave him an average return of around 8%. The total amount saved over the 174 months (From January 2000 to June 2014) is Rs 49.80 lakh. The value of his investment today is around Rs 66.71 lakh. Naveen Singh (name changed), 44, works in a similar profile like Anil. However his expenses were on the higher side. His financials are as in the table. Naveen invested only in equities. The total amount saved over the 174 months (From January 2000 to June 2014) is Rs 38.40 lakh. The v...
