Portfolio Review

29/Jun/17- HCL Technologies- Cash flow looks good and the company is constantly paying good dividends (yield 1.86%). P/E is comparatively low than its peers (14.05). Earning Yield looks good with 8.77%.  The company has announced buy back so thinking of mobilizing it cash reserves and giving better ROI. Though company major cash flow comes from infra services. But have recently entered in Cloud, Automation, and IOT. Let’s see how it works out.

29/Jun/17 SpiceJet- Company has recently ordered around 206 new aircraft from Airbus/Boing. It has been profitable after Mar 15 since Ajay Singh took over the company leadership. They have got licenses under UDAAN project in few cities. They will be starting few routes in 2018 under the same project. Though there is been a court case running against the company, which looks like sorted out. Market cap is very low compared to peers.

29/Jun/17 Tata Motors- They have one of the top companies in market capitalization in commercial vehicles. Though their major earning is from the luxury segment of cars they have recently launched 2 cars in retail segment with less than 5L price. The company has been 35% low 52 weeks high. It looks enough gap for expansion. Part of Nifty 50. Earning yield highest (7.11%).