WINNING STROKES: THINK DIFFERENT:

ITL Industries Ltd recommended in this week, as the Pick of the Week touched Rs.34 today. It came out with superb set of numbers for the Q2FY10. There is a report on the company at www.sumanspeaks.blogspot.com.

My recommended BAG Films Ltd hit the 2nd consecutive buyer freeze, after the stock fell from grace some days back. It is to be noted that Congress MP, Mr.Rajib Shukla holds substantial stake in the company.

Energy Development Company Ltd which came out with good numbers for Q2FY10, touched Rs.57.45 before cooling down a bit. The company is doing a number of hydro-electric projects in India and in Arunachal Pradesh alone it is doing more than 200 Mw projects. The stock is expected to cross Rs.100, in the next 2-3 months time frame. Its Q3 results will be further good, due to some expected positive developments. For more on the company please visit: http://www.edclgroup.com/.

Gallant Metal Ltd, recommended to the Paid Groups today, touched Rs.14.90, before cooling a bit. The company came out with good numbers for the September, 2009 quarters.

Northgate Technologies Ltd buoyed by very good results for the Q2FY10, almost hit the buyer freeze today. The stock is expected to be multi-bagger going forward. The company has completed the 1st phase of a massive restructuring process. Some restructuring is still going on....

Sanguine Media Services Ltd almost hit the buyer freeze today with good volumes, before cooling down a bit. There are some good news coming in the company--hence accumulate in bulk. The book value of the scrip is around Rs.22. The bad days are over for the company. The company has struck contracts with a division of the Sun TV Network (100% authentic news from sources). Hence, I have now increased my target to Rs.18--19, with the next 6 to 9 months time frame. It is a multi-bagger in the making...

Murdoch's News Corp net income rises 11%

Global media giant News Corporation has reported a 11 per cent growth in first quarter net income at $571 million, helped by gains in cable network programming businesses and filmed entertainment segment.

In the year-ago period, net income attributable to the company's stockholders stood at $515 million, News Corp said in a statement.

"I am pleased that the company has delivered exceptionally strong results this quarter, despite continued macro-economic challenges," Chairman and CEO Rupert Murdoch said.

Revenues increased to $7.19 billion in the quarter ended September 30 from $7.50 billion in the same period last fiscal.

The media company posted an operating income of $1.04 billion, an increase of nine per cent from year-ago period.

"Operating income growth was led by gains at our worldwide cable network programming businesses and renewed momentum at our Filmed Entertainment segment, reflecting our strong slate of films at the global box office," Murdoch added.

During the quarter, the company's cable network programming business clocked an operating income of $495 million, an increase of $145 million over year-ago period.

The 41 per cent growth in operating income reflects increased contributions from FOX News Channel, the Fox International Channels, STAR, the Regional Sports Networks and the Big Ten Network.

Besides, filmed entertainment segment registered an operating income of $391 million in the September quarter of 2009, compared with $251 million in the same period last year.

The company added increased contributions from the Fox International Channels were driven by continued affiliate revenue growth in Latin America, Europe and Asia.

However, in newspapers and information services operations the company has reported a decline of $109 million from the year-ago period to $25 million.