Analysis Report: ITC (Buy, Estimated Price: Rs. 840.36)

About the Company

ITC was incorporated on 24 August 1910 under the name Imperial Tobacco Company of India Limited later on in 1970 company’s ownership was taken to and the name changed to India Tobacco Company Limited and finally in 1974 ITC Limited. ITC has presence in various Industries mainly includes FMCG, Hotel, Agriculture, Tobacco, IT and Retail. However, they took a long journey and also went into backward integration by setting up their packaging business in 1925 also they took their first step to move out of national boundaries by setting a Surya tobacco company in Nepal.

Analysis Report: Lupin Ltd (BUY; Estimated Price: Rs.2740)

About the Company

Lupin Ltd was founded by Dr Desh Bandhu Gupta in 1968 with a vision and dream to fight life threatening infectious diseases and to manufacture drugs of the highest social priority. Itis dedicated to delivering high-quality, branded and generic medications trusted by healthcare professionals and patients across geographies. Lupin is the 7^th largest pharmaceutical company globally by market capitalization and 10^th largest pharmaceutical company globally by sales.

Analysis Report: Aurobindo Pharma (BUY; Estimated Price: Rs.1076)

About the Company

Aurobindo Pharma Limited is a public pharmaceutical manufacturing organization headquartered in Hyderabad, India. The company fabricates generic pharmaceuticals and active pharmaceutical ingredients. It was established in 1986 by Mr. P. V. Ramaprasad Reddy and Mr. K. Nityananda Reddy. The company initiated operations in 1988-89 with a single unit producing Semi-Synthetic Penicillin (SSP) at Pondicherry. Aurobindo Pharma became a public company in 1992 and listed its shares in the Indian stock exchanges in 1995.

Analysis Report: TATA ELXSI (BUY; Estimated Price: Rs. 3172)

About the Company

Tata Elxsi founded in 1989 is a design company that blends technology, creativity and engineering to help customers transform ideas into world-class products and solutions.

A part of the $100 billion Tata group, it addresses the communications, consumer products, defence, healthcare, media & entertainment, semiconductor and transportation sectors. This is supported by a network of design studios, development centres and offices worldwide.

Analysis Report: Mindtree Ltd. (BUY; Estimated Price: Rs.723.67)

About the Company

Mindtree Limited is mid-cap international Information Technology consulting and Implementation Company that delivers business solutions through global software development. The Company was incorporated in August 1999 by 10 professionals with an initial funding of USD 9.1mn

Trend of Repo-rate and Inflation

Repo-Rate:

• ‘Repo Rate’ is the rate at which RBI (Reserve Bank of India) lends money to commercial banks. RBI is the Central Bank of India.

• Repo Rate = Repurchase Agreement

Decline of IT Stocks after Brexit

What is Brexit?

It is a word that has turned out to be utilized as a shorthand method for saying the UK leaving the EU - combining the words Britain and exit to get Brexit.

Demonetization Explained

Demonetization means removing the status of certain existing units of currency or the currency as a whole as legal tender of the economy. It is done by stopping the production of prescribed currency and its circulation in the market. Legal tender is a mode of payment recognized by the law in a country to be valid for meeting financial obligation.