Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Stock Report

| More

Renowned author Gurcharan Das unveils Emkay Investment Manager's book on 'E-Qual' framework

Posted On: 2021-04-20 11:08:08 (Time Zone: UTC)

Emkay Investment Managers Ltd (EIML) has released a book on E-Qual, its proprietary framework institutionalized/formulated by the firm to evaluate the corporate governance aspect of management quality. The book was unveiled by Mr. Gurcharan Das, renowned author, an advocate of governance and former CEO of Procter & Gamble India.

The book explains the conceptual analogies of the E-Qual framework in detail. E-Qual is a time-tested model applied to the wealth-creation strategies of EIML. While valuing a company, the risk-adjusted returns are best captured with the E-Qual model, which helps calculate qualitative risk objectively that is not captured in P&L or balance-sheet like management integrity & capability, distribution of shareholder wealth like their dividend policy, investor communication & liquidity. Cumulatively, 70% weightage is assigned to the 2 core qualitative risk parameters of Management Integrity and Management Capability.

The trend of ESG compliant investment is picking up pace lately in India, but at EIML - the prime focus for many years has been to review the management quality, the prevalent corporate governance practice at the companies. The focus on management quality has ensured a track record of zero blowouts over the past 10 years with all investments. Management integrity and capability are two non-financial but qualitative metrics that can provide a sense of future returns. High standards of corporate governance are critical for long-term and sustainable growth. It not only benefits the company but all stakeholders involved. At EIML, the belief is that wealth creation is not possible without quality management, and high standards of governance. Transparency and sound business ethics are hallmarks of strong corporate governance, and ensure business risk mitigation.

Unveiling the book, Mr. Gurcharan Das, Management Consultant and Author said, "I have been a client of Emkay Investment Managers for over ten years and have seen them implement sound processes and practices for stock selection, that help preserve investors' wealth. E-Qual is a strong governance framework which has ensured that low quality stocks do not enter a client's portfolio. I am sure the book will help investors understand the importance of governance in stock selection.

Speaking on the book launch, Mr. Krishna Kumar Karwa - Managing Director, Emkay Global Financial Services said, "This is a first of its kind book that emphasizes the importance of quality management and corporate governance in a given company. Quality management with a proven track record ensures long term wealth creation for all stakeholders. The E-Qual framework has helped us achieve the goal of capital preservation and wealth creation for our clients and through this book we wish to spread the message of the importance of governance, far and wide."

Shares of EMKAY GLOBAL FINANCIAL SERVICES LTD. was last trading in BSE at Rs.65.1 as compared to the previous close of Rs. 60.5. The total number of shares traded during the day was 8771 in over 399 trades.

The stock hit an intraday high of Rs. 66.35 and intraday low of 60.15. The net turnover during the day was Rs. 565260.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

Natraj Proteins Ltd Q4FY21 net profit at Rs. 1.31 crore

Lancer Container Lines Ltd reports consolidated Q4FY21 PAT of Rs. 2.63 crore

Prakash Woollen & Synthetic Mills Ltd Q4 FY21 PAT at Rs. 29.06 lakhs

Medi-Caps Ltd Q4FY21 consolidated PAT at Rs. 3.01 crore

Coastal Roadways Ltd Q4FY21 PAT at Rs. 9 lakhs

Nath Bio-Genes India Ltd Q4FY21 PAT at Rs. 7.14 crore

Imagicaaworld Entertainment Ltd reports financial results for FY21

Sumedha Fiscal Services Ltd reports Q4FY21 consolidated PAT of Rs. 64.88 lakhs

Eldeco Housing and Industries Limited Q4FY21 consolidated PAT at Rs. 13.99 crores

Wallfort Financial Services Ltd reports Rs. 2.64 crore net profit in Q4FY21

Dynavision Ltd reports lower Q4FY21 net profit of Rs. 1.08crore

Polychem Ltd posts consolidated PAT of Rs. 41.95 lakhs in Q4FY21

Baba Arts Ltd Q4 FY2020-21 net profit at Rs. 62.72 lakhs

Shree Rama Multi-Tech Ltd Q4FY21 PAT at Rs. 18.37 lakhs

Rushil Decor Ltd reports PAT of Rs. 5.19 crore in Q4 FY2020-21

Almondz Global Securities Ltd Q4FY21 consolidated net profit rises to Rs. 6.51 crore

Arman Financial Services Ltd posts consolidated PAT of Rs. 86.99 lakhs in Q4FY21

Google and Jio showcase jointly developed smartphone JioPhone Next

West Coast Paper Mills Limited board recommends dividend of Rs. 1

Moongipa Securities Ltd Q4FY21 PAT at Rs. 66.22 lakhs

Som Datt Finance Corporation Ltd Q4FY21 PAT climbs to Rs. 2.36 crore

West Coast Paper Mills Ltd reports consolidated PAT of Rs. 74.91 crores in Q4 FY2020-21

Deep Industries Ltd Q4FY21 consolidated loss at Rs. 1.41 crore

Andhra Petrochemicals Ltd board recommends Dividend of Rs. 1.50

Jagan Lamps Limited receives large orders for Automotive Lamps

Thomas Cook India and SOTC Travel jointly release survey Third Holiday Readiness Report - June 2021

Crestchem Ltd reports higher PAT of Rs. 27.54 lakhs in Q4FY21

Andhra Petrochemicals Ltd Q4FY21 net profit soars to Rs. 47 crores

Duroply Industries Ltd reports surge in Q4FY21 PAT to Rs. 9.34 crores

MAS Financial Services raises INR 100 crore via market-linked NCDs (MLD)

Thangamayil Jewellery Ltd Board recommends Final Dividend of Rs. 4

NIRLON Ltd Board approves Dividend of Rs. 8

Rishi Laser Ltd posts consolidated net profit of Rs. 2.24 crore in Q4 FY2020-21

Thangamayil Jewellery Ltd Q4FY21 PAT slides QoQ to Rs. 13.74 crore

NIRLON Ltd posts Q4FY21 net profit of Rs. 28.72 crores

Moongipa Capital Finance Ltd Q4FY21 PAT at Rs. 0.86 lakhs

SBI Card partners with Fabindia to launch Fabindia SBI Card

Sharda Motor Industries forges Joint Venture with Kinetic Group for Lithium-ion Battery packs manufacturing

Vishvprabha Ventures Limited has received LOI for earthworks at Greenfield Airport - MOPA, North Goa

Mindspace Business Parks REIT becomes India's first Real Estate entity to join Climate Group's RE100

HFCL to set up 2nd model PM-WANI Village in Karnataka

TCS Launches Quartz™ for Markets to Help Exchanges and Financial Institutions Innovate with Tokenized Assets

Piccadily Agro Industries Limited to set up distillery in UK

Zydus Cadila receives tentative approval from USFDA for Fingolimod Capsules .25mg

Angel Broking launches Smart Store, a collection of avant-garde trading solutions

Mastek gets recognized in The Gartner Digital Commerce Vendor Guide, 2021 as a Digital Commerce Service Provider

Healthcare Triangle Inc., (HTI) unveils DataEz Platform to Harness Big Data

Schneider Electric Infrastructure Ltd Q4FY21 loss at Rs. 11.25 crore

Swarnsarita Gems Ltd Q4FY21 net profit at Rs. 1.89 crore

Asian Hotels East Ltd Q4FY21 consolidated loss at Rs. 5.17 crore

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020