Founded in 2005, Spicejet is a low-cost airline service company headquartered in Gurgaon, India. At first, company was established as air-taxi provider, ModiLuft. After which it was acquired by Indian entrepreneur Ajay Singh in 2004 and re-named it as SpiceJet. It is the fourth largest airline company in india having market share of around 13 percent.
Around two year ago, market capital of company was just Rs.600 crore which now has transformed in Rs.6,000 crore Market Capital. Before 2015, most of the Brokers and analyst were assuming that company have now no future and strength in Balance sheet. Investors of spicejet before 2015 was in situation happened with Kingfisher. But with sharpfall occurred in Crude Oil during 2015-2016 leads company to stand again in Airline sector with benefit of lower oil prices. All the fundamental which has now changed is mainly because of low oil prices. But now, company has enough strength to stand in even much higher oil prices. As of now, price of crude oil is stable and doesn’t showing sign of any major change.
Our nation is a developing country which has many opportunities and better future potential for most of the sectors. Aviation sector has also great potential for upcoming Quarters. To make better profit from aviation sector, we need to pick those stocks having low valuation in market. From present levels, spicejet even can show great upside which may be around Rs.140. But with long-term perspective, Jetairways has comparatively higher potential and can climb to levels of Rs.720 in long-term. Even IndiGo also has great potential, but one should go with Jerairways for long-term.
Indiabulls Real Estate
Indiabulls Real Estate is the subsidiary company of Indiabulls group. Founded in 2005, company is now the 3rd largest real estate company in india. Company has presence in three key Indian metros –Mumbai, Delhi and Chennai. Recently, Indiabulls Real estate acquired the prime property, 22 Hanover Square in central London for ₹16.3 billion(US$240 million).
There are only few companies of Real Estate who had been successfull in achieving stable growth. Indiabulls real estate’s Stock had didn’t shown any major upside since last 6 years. So Clearly, Indiabulls is not a stock for short-term investment, but can be included in list of long-term. Indiabulls real estate is in the safe hands of Indiabulls group. And i believe any major reform if come in fundamentals of company in future would directly and strongly affect the price of stock.
Reliance capital is among the top private sector financial services company in India. Company mostly works and provide services in asset management and mutual fund, life insurance and general insurance, commercial finance and wealth management related activities.
Fundamentally, Reliance Group has much more value than current valuations. Through the demerger of its different business subsidiary, reliance cap had shown its large portfolio having great value. At Rs.440, i had suggested to buy reliance capital with long term target of Rs.640. Now, this target is very close to get achieve and i believe stock would breach this levels in short time. However, those wish to freshly invest in reliance capital should invest in other reliance group stocks i.e reliance power and reliance defence for long-term, while investors can also invest in Muthoot finance. At present valuation, reliance capital is not much expensive but for fresh investor, it can be very risky for any investment. Those who holds reliance capital can continue to hold with target of Rs.645.
RBL is one of the oldest private sector banks in India having a total business size of over Rs. 45,000 Crores. It offers a range of banking products and services categorized largely in 5 verticals – Corporate & Institutional Banking, Commercial Banking, Retail Banking, Agri & Development Banking and Financial Markets.
Company really had a good growth in previous quarters and this growth is a key factor for the great rise in RBL stock. Stock has been now doubled since its IPO. Fundamently, company is good and has higher potential in comparison of most of the banks. Around levels of Rs.410, stock was somewhat seems attractive, but now it is around Rs.580. One who had made position in RBL below 570 can hold it for maximum target of Rs.625. However, investors can buy southindian bank having low risk and great potential of higher growth.
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