We look at five economic aspects of the company each quarter for the stock price valuation. For this reason, this technique is called the Pancha Tattva Stock Teknik. This is same as with nature's five elements namely Earth, Water, Fire, Air and Sky. Each valuation should be assessed in terms of a delta change from neutral value of 1000 points. Higher the value, the better is the stock and the market price may be due for appreciation above neutral value.

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Monday 23 November 2009

PSUs are not considered very liberal with salary payments

Friends,

The top ten pay masters amongst Indian companies, in terms of average salary(Rs in lacs) are the following:

Bharti Airtel: 12.02
Infosys Tech: 11.06
ONGC: 10.40
Gail: 10.09
Hero Honda: 8.92
Wipro: 8.85
Nalco: 7.87
NTPC: 6.97
Reliance Ind: 6.39
IOC: 6.25

Four of above happen to be PSUs and this is remarkable as PSUs are not considered very liberal with salary payments. The Tata and Birla Group companies are also absent. Oil related businesses have greater presence. Manufacturing sector is represented by just two. IT surprisingly has just two members and Infosys remains second while ONGC lost its number one position. It throws up very interesting observations and also tells that the companies with higher salary payments have neither shown poorer market performance nor better market performance as a rule. There is no industry-wise hegemony too. So, in fact it is reflection of management's decision as per its own philosophy and not due to any sort of compulsion.

Hari Om,
Krsna Khandelwal

BIRDINFO Stock Rx - A prescription for stock market
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We are India based equity research group and BIRD stands for Business Information Research Dialectics. We have developed a unique system to do analysis of stock markets. The regular recommendations for stocks and industry sectors are available on the site. We also advice our customers for stock market investment based on our Pancha Tattva Analysis System tested for more than a decade. We provide paid advice for one year @ INR 1000 per stock. The advice at the time of volatility and quarterly result announcement by companies is extremely useful for taking Buy or Sell action. You have to make advance payment through our HDFC Bank Account to avail our services. Please send your request via E-mail. The Pancha Tattva analysis (study based on five basic parameters) of a portfolio can also be done on payment basis and investors are requested to contact via E-mail for a formal quote. The content and our recommendations are subject to disclaimer clause posted on this blog site. © Copyright 2006 BIRDINFO Stock Rx All rights reserved. We shall try to provide satisfaction on all our services. E-mail us at krsnakhandelwal@yahoo.com or birdinfo@gmail.com
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