Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Tuesday, February 07, 2012

Today Prakash Industries Ltd was recommended around Rs.53--54 to the both Paid and Free group members, after the company came out with super set ofI  Q3FY12 numbers. The EPS of the company for Q3FY12 jumped to Rs.4.92 from Rs.4.38 in the same period previous year.  Therefore, for the 9 months the EPS stands at Rs.14.29, which naturally gives the share price to be around Rs.120--125, after giving proper discounts. But due to market conditions the share is trading at less than half of the fair valuation with the current set of fundamentals. Investors should therefore accumulate the scrip in bulk for an immediate target of Rs.62-63.  
Today Northgate Technologies Ltd touched Rs.12, before closing flat at Rs.10.37. The social networking sites world wide are expected to get re-rated in the coming days, in view of the Facebook IPO.  The company's restructuring of business would help the investors. Investors should accumulate the scrip for an immediate target of Rs.15-16. 
Today I recommended KSK Energy Ventures Ltd, but the scrip unfortunately hit the buyer freeze, after the traders booked some profits. However, this is natural after such a long upmove. According to some market men from Q3FY12, the company is expected to do  well. The scrip will soon start moving  up so keep holding.
KSK Energy Ventures Limited (KSK) is a power project development  company in India with experience in developing and operating multiple  power plants across India. KSK operates in the power generation  business and is well positioned with long-term fuel access to various power plants.
KSK presently has operational power plants capable of generating 933 MW  of power and further actively involved in construction of two projects  aggregating an additional 3720 MW. The Group''s initial foray and plans  for independent initiatives into power generation from renewable energy sources marks the beginning of another growth initiative.
(i)  Operational Power Plants: 
  • Arasmeta, a 86 MW coal based power plant in Chhattisgarh; 
  • Sai Regency a 58 MW natural gas based power plant and 18.9 MW wind power project in Tamil Nadu;
  • Sitapuram, a 43 MW coal based power plant in Andhra Pradesh;
  • VS Lignite, a 135 MW lignite based power plant in Rajasthan;
  • Wardha Warora, a 540 MW coal based power plant in Maharashtra; and
  • KSK Wind Energy, a 52 MW Wind power project in Tamil Nadu.
Power projects under construction (Initial/ Progressed):
  •   KSK Mahanadi, a 3,600 MW coal based power project in Chhattisgarh; and KSK Dibbin, a 120 MW, run-of-the-river hydro electric power project in Arunachal Pradesh.
Planned power projects:
  • Multiple thermal and hydro power projects across India.
The Company had the following subsidiaries:
1.  KSK Electricity Financing India Private Limited;
2.  Arasmeta Captive Power Company Private Limited;
3.  Sai Regency Power Corporation Private Limited;
4.  VS Lignite Power Private Limited;
5.  Wardha Power Company Limited;
6.  KSK Wardha Infrastructure Private Limited (formerly KSK Technology Ventures Private Limited);
7.  KSK Wind Energy Private Limited (formerly Bahur Power Company Private Limited);
8.  KSK Vidarbha Power Company Private Limited;
9.  Sai Maithili Power Company Private Limited;
10. KSK Narmada Power Company Private Limited;
11. KSK Dibbin Hydro Power Private Limited;
12. Kameng Dam Hydro Power Private Limited;
13. J R Power Gen Private Limited;
14. KSK Mahanadi Power Company Limited;
15. KSK Upper Subansiri Hydro Energy Private Limited;
16.  Field Mining and Ispats Limited;
17. KSK Dinchang Power Company Private Limited;
18. KSK Jameri Hydro Power Private Limited; and
19. Tila Karnali Hydro Electric Company Private Limited.
Buy the scrip on all declines, as it will cross Rs.100 within a short time.
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