LOW CRUDE PRICES
Created by: Investak Date Created: 17-09-2016 Date Rebalanced: 24-04-2018The prices of crude oil were hovering at more than $100 mark till the mid of CY2014. Post that, the Black Gold’s prices declined significantly to less than $30 in the initial part of year CY2016. Although the prices of Crude recovered a bit in the later part of the year, the remained less than half of the prevailing prices of CY2014. Low crude prices, at one end are beneficial for a net importer of crude like India, they are also positive for the sectors such as Paint and Oil Marketing. As crude is a key raw material for the companies in these sectors, low crude prices are likely to stay margins accretive in the near term.
| Weight | Segment & Stocks | Symbol | Price | Market Cap | 1 Year Return | |
|---|---|---|---|---|---|---|
| 40.4% | Chemicals | |||||
| 40.37% | Castrol India Ltd | CASTROLIND | Rs. 162.15 | Rs. 20,106Cr. | 3.02% | |
| 32.2% | Refineries | |||||
| 9.66% | Bharat Petroleum Corporation Ltd | BPCL | Rs. 375.25 | Rs. 101,651Cr. | 32.65% | |
| 8.50% | Chennai Petroleum Corporation Ltd | CHENNPETRO | Rs. 288.05 | Rs. 69Cr. | 55.81% | |
| 14.02% | Mangalore Refinery And Petrochemicals Ltd | MRPL | Rs. 79.00 | Rs. 21,548Cr. | 69.47% | |
| 27.5% | Paints/Varnish | |||||
| 27.45% | Kansai Nerolac Paints Ltd | KANSAINER | Rs. 502.80 | Rs. 261Cr. | 26.92% | |
Download Excel Worksheet
| Index
A stak index shows a stak’s performance. It is set to 1000 at its inception date and moves up/down daily. If it is above 1000, it means that the stak has given positive returns since inception and is shown in green and if below 1000, the stak has given negative returns since inception and is shown in red.
|
890.33 |
| 1 Month Return | -4.25% |
| 1 Year Return | -10.90% |
| Dividend Yield
The dividend yield for a stak is calculated as a weighted composite of the cash dividends for the stocks in the stak. So for example: a dividend yield of 5% indicates that if a person had invested Rs.100 in the stak one year back, he would have got Rs.5 as dividends.
|
2.69% |
| Min. Investment
This is the minimum amount of investment required to invest in the stak in the prescribed weights. Based on the stock price of each stock in a stak, and their prescribed weights, we calculate a minimum amount that allows you to buy all stocks at the prescribed weights.
|
Rs. 1388.40 |
Summary
STOCKS IN
Stak
5
REBALANCING FREQUENCY
QUARTERLY
Ankit Kanoria, 03-10-2016
This Cluster looks interesting especially at a time when crude prices are really low!