Apr 04th 2011 - Hardman and Co today published a report on India entitled "Indian AIM Companies Outperform The Sensex". In summary, the report says:
The 24 Indian focused companies quoted on the London AIM stock market had a better performance than the Mumbai (Bombay) Sensex Index over the past twelve months. This is in spite of 6 of the companies being in the property/real estate sector, which had tough trading conditions. Big companies massively outperformed small ones. The Indian GDP is forecast to grow by 8.2% this year, and the country has been widely tipped to become the world's third largest economy by 2030, so the availability, and performance, of Indian companies on global investment markets is important to all buy-side strategists and asset allocators.
Hardman & Co is a market leader in independent equity research on small and mid cap quoted companies not adequately researched by stockbrokers. Specialist expertise within the firm includes: oil and gas, mining, agriculture, technology, media and telecoms, engineering, financial services, healthcare, support services, retail, property and pubs, breweries and leisure, and building materials. We help to create an informed investor base which aids companies seeking equity finance. We also value companies for aquisition, tax and share option purposes. more »