* A big dent in Ranbaxy’s share price is on the cards. However much the CMD assures about the Daiichi deal, it may be jettisoned by the latter. * CNG is the in thing as most small cars have it as an inbuilt option to petrol or diesel. It is said that M&M’s Bolero and Scorpio shall have a CNG kit. * Siemens, BHEL and ABB will be the beneficiaries of the nuclear power generation projects, which shall come through after the confidence motion. * Reliance Mutual Fund is picking up BHEL in bulk for its different equity investment schemes as it sees an early rise to Rs.2300. * The dip in oil is temporary as crude may cross $150 mark soon. If that happens gold shall touch Rs.14,500 to Rs.15,000 per 10 gm. * Exit Selan Exploration as once crude oil price corrects, this scrip will tumble down to Rs.175-180 levels. Shift to SEAMEC instead. * Panoramic Universal has shot up smartly even though other mid caps continue to fall. Exit this stock as the management is not reliable. * Repro India has come out with excellent Q1FY09 results. The scrip may continue its upward movement in the coming week as well. * Like Mastek, ANG, DLF earlier, Jindal Polyfilms has announced to buy-back its shares up to Rs.350 per share and its share price shot up from Rs.180 to Rs.250 within a week. Is a buy-back announcement good enough for any management to boost the share price? * Royal Orchid Hotels has declared Rs.6 as dividend, which gives a yield of 7% at CMP. Scrip goes ex-dividend on 23rd July. After that the scrip may see some selling pressure. * Many small cap companies are available at P/E level of 3. Decolight Ceramics is available at a P/E of 2.5. * Parsvanath Developers has over 200 million sq. ft. area under development for various projects. Share has fallen dramatically and is considered a decent bet at the current level. * Karuturi Global is witnessing stable buying at current levels in anticipation of rapid growth. However, the share is fully priced and future investment should be based on its Q1 results. * Rainfall in Kerala has been muted, which may dampen the spirits of Indsil Electrosmelts, which derives major profit from hydro-electric power generation. * Southern Online Biotechnologies has initiated the process to get carbon credits and list the demerged Southern Online Services.
July 20, 2008
May 26, 2008
ख़बर है कि.....
* The market cap of Bombay Oxygen, a debt-free company is Rs.115 cr., which is less than its FY08 net profit of Rs.159 cr. In February 2008, it has sold only the development right of its Mulund property to HDIL for Rs.200 cr. Don’t miss this golden opportunity. * Volumes in Rama Paper suggest that some big game is being planned in this counter. Keep a close watch. Once the scrip closes above Rs.28-30 resistance level with good volumes, just buy it. * After consolidating for quite some time, Bhagyanagar India seems to have bottomed out and is poised for a sharp breakout in coming days. * Macmillan India has embarked on a restructuring exercise. The company has publishing and InfoTech arms as subsidiaries/group companies and real estate in many cities. What is in store for shareholders? * Micro Forge is witnessing substantial volumes its near 52-week low levels. The company's earnings are good and valuations are attractive. But rising input costs are a cause for concern. * Cairn India may be the largest beneficiary of the boom in crude oil. * XL Telecom & Energy is a performer and in a sector that is evergreen. * Logistics is the segment to look at when the country is moving. Look out for All Cargo Global, Gateway Distriparks, Container Corporation & BALAJI SHIPPING AND LOGISTICS LTD(not listed but shares available with us.)* * Ennore Coke Ltd. is expected to start heating of its plant from around 1st June and production will start thereafter.
Posted by onus 0 comments
May 22, 2008
KGN scrip moves from Rs 100 to Rs 55,000
All in a day: KGN scrip moves from Rs 100 to Rs 55,000 AHMEDABAD: An Ahmedabad-based company had an unbelievable run on the Bombay Stock Exchange upon re-listing on Wednesday, shooting from Rs 100 to Rs 55,000 during early trade, breaking the record of MMTC which is the most expensive scrip on the bourses at Rs 27,050. The stock of KGN Industries, which is headquartered off C G Road, closed at Rs 15,001 on rather thin volumes of 827 shares, but not before creating history of sorts and also trading being suspended on the bourse after nearly two-and-half hours of trading. Since it was the day of re-listing, as per current rules no circuit-breakers were in place, allowing the stock a free run to find its level on the day of its re-admission for trading. However, since the bourse officials found that orders were being placed at unrealistic prices, the trading in the scrip was suspended at 12.20 pm, as a proactive surveillance measure, BSE said in a release. KGN Industries used to be known as Royal Finance till it was de-listed in February 2001 when the last traded price was just Rs 11. In the release, BSE, acknowledging the unusual trading in the KGN stock, said it had already started an investigation to examine the orders which were placed at unrealistic prices and added that "appropriate action, if any, will be initiated against the concerned entities." KGN Inds scrip is under the trade to trade category of BSE. This means every trade, buying and seeling, has to result into payment of cash (for buying) and delivery of shares (for selling). No netting of trades is permitted for stocks in the trade to trade category. The closing price of Rs 5,216.30 has been arrived as per the existing methodology but taking into consideration the entire trading duration, the BSE release said. A few years ago, the company surrendered its licence as a non-banking finance company (NBFC) to the Reserve Bank of India and the promoter, Aris Menon, got into castor-oil trading business. The company's name was changed to KGN Industries in 2007 and it did a rather fiery relisting on Wednesday which analysts found completely baffling. "We will advise investors to stay away till the fundamentals of the company are properly scrutinised," said an analyst. While his staff said that Menon, the company's managing director, was travelling abroad, one company official said KGN Industries had only about 15 employees and a net profit of Rs 1.25 crore from a turnover of Rs 250 crore.
Posted by onus 0 comments
April 21, 2008
ऐसा सुना है, आप भी जाने .........
* Gitanjali Gems is the scrip to watch as the gem and stone exports get a new life in the export policy document. * Local players are treading where even FIIs feared to tread trade! Look at the volume statistics of deliveries by FIIs and local MFs in lesser known scrips. * TTML, Chambal Fertilisers and Ispat Industries are once again in the limelight. The old hands are working on it. * GMR Infra has a long way to go if the rumours of the development of 38 airports is true. * GTL is a scrip to watch going by its FY08 results. * Micro Technologies has tied up with MTNL to offer Micro LMTS (Lost Mobile Tracking System) to secure 2 million mobile handsets of MTNL subscribers. The scrip is being accumulated by few HNIs. * Bihar Caustic has commissioned its 60 TPD stable bleaching powder plant. The scrip is available cheap at an EV/EBIDTA of less than 3 times and P/E ratio of 4 despite being an Aditya Birla group company. * Eastern Silk may surprise the market by announcing robust numbers for March 2008 quarter on 23rd April. Keep a close watch on this counter.
Posted by onus 0 comments
April 19, 2008
बिकवाली से सोना और चांदी टूटे
Apr 19, 07:49 pm
नई दिल्ली। ग्लोबल मंदी के बीच स्टाकिस्टों की भारी बिकवाली के चलते स्थानीय सराफा बाजार में शनिवार को दोनों कीमती धातुओं के दाम लुढ़क गए। यूरो के मुकाबले डालर के उबरने की खबरों से लोगों का सोने के प्रति मोह कम हुआ। इसके चलते इसके भाव 325 रुपये की गिरावट के साथ 12060 रुपये प्रति प्रति दस ग्राम पर बंद हुए। औद्योगिक मांग कमजोर पड़ने से चांदी की कीमतें भी 650 रुपये की गिरावट के साथ 23550 रुपये प्रति किलो हो गईं। वैसे देश में इस समय शादी-विवाह का मौसम चल रहा है। ऐसे में प्राय: सोने-चांदी के दामों में तेजी देखी जाती है।
न्यूयार्क में सोने के भाव 27.20 डालर गिरकर 915.20 डालर और चांदी के भाव 48.5 सेंट टूटकर 17.82 डालर प्रति औंस बंद हुए। इसका असर घरेलू बाजार पर पड़ा। स्थानीय बाजार में सोना आभूषण के भाव 325 रुपये लुढ़ककर 11910 रुपये प्रति दस ग्राम बंद हुए। गिन्नी के भाव 50 रुपये टूटकर 9900 रुपये प्रति आठ ग्राम बंद हुए। चांदी साप्ताहिक डिलीवरी के भाव 610 रुपये की हानि के साथ 23290 रुपये प्रति किलो बंद हुए। चांदी सिक्का के भाव 100 रुपये टूटकर 26600-26700 रुपये प्रति सैकड़ा बंद हुए।
Posted by onus 0 comments