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May 3, 2010

HSBC Invest Direct 532653

 

 

 

Name of Company

HSBC Invest Direct

BSE Code

532653

NSE Code

 

ICICI Code

Established

My Take

Dislike

Headquarters

Mumbai

Promoters

Story

Formerly known as IL&FS Investsmart Limited. HSBC already owns 94%. It announced in June 2009 about its plans to acquire remaining 6% as well and delist from the stock exchanges.

Sector

NBFC

Sub-sector

Brokerage, portfolio management

Website

http://www.hsbcinvestdirect.co.in/

Positives

HSBC sure has great plans for this entity.

Negatives

Too Costly for this scrip. This scrip has been pushed up.

Peers

India bulls, India infoline

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