Thursday, May 24, 2012

Jai Balaji Industries Ltd hit another buyer freeze in the opening trade, after lot of positive developments took place in the company. I have placed a report on the company at: 
Nutech India Ltd which was recommended last week, came down today, after some repeated circuits in the BSE. Today, most of the Paid Members, were asked to exit the counter, after getting good return on their investments--the stock hit the lower circuits. Therefore, join the Paid Service, to get the buy and sell triggers. 
Allied Digital Services Ltd which was recommended last week around Rs.20.50-21, hit the 20% upper circuits today. Congratulations to all those who bought the scrip on my suggestions. It seems bad days are over, for the company with  Q4FY12. We can now look forward for better days ahead.
Today, Paid Service members were asked to accumulate Prakash Industries Ltd at Rs.45. The stock is expected to cross Rs.52-53, in the coming days, as the steel price firms up. The performance of the integrated steel plant of the company, with capacities for Sponge Iron, Steel Melting, Wire Rods, TMT Bars. structural, Ferro Alloys and Power Generation  should improve in the coming days, as the steel cycle starts tracking higher trajectory. Moreover, to mitigate the cyclic impact of the steel industry, the company is setting up 625 MW power plant in a phased manner. The 1st phase of 125 MW is under advance stage of implementation and is expected to be completely operational by Q2FY13 or earlier. The company is also planning to expand its steel capacity in the coming days, for achieving, higher level of integration. It is also integrating backwards to ensure constant supply of raw materials by getting into captive iron ore mining. All of this, along with the capacity addition in the sponge iron and power generation are expected to improve upon the operating margins of the company in the coming days. Invest in bulk and keep holding. CMP: Rs.44.60. 
Now Join my Brokerage house and get lifetime Subscription to the Paid Service, free from the 8th year of joining. The brokerage is at par with ICICI Securities Ltd, and hence those who are trading with them can safely migrate here. The price of Paid Package will be further hiked from 1st October, 2012 and hence please available of the current package at the earliest. For joining my profit sharing arrangement, through my brokerage house, the minimum capital required would be only Rs.2 lakhs (for others it is Rs.5 lakhs).
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