Market Mantra

My Recommended Vijay Shanti Builders Ltd hit the upper Circuit and is now locked at Rs.20.05. I have placed a brief report on the company at: www.sumanspeaksplus.blogspot.com. The stock has hit the upper circuits with good volumes.

Buy Tera Software Ltd (BSE Code: 533982) at Rs.63--63.5, T--Rs.72, SL--Rs.58. The good point about the compay is that, since it gets most of its revenues from the domestic market and hence it is not much affected by the currency fluctuations. E-governance in India is steadily evolving from basic digitization of government data and processes to actually facilitating delivery of various citizen services on-line. A common vision and strategy is being deliberated and firmed up across all levels of government central, state and local bodies. This approach has huge potential in garnering cost savings, increased transparency, and presenting a seamless view of government to citizens. A well connected citizen to government ecosystem has huge potential for both the partners. Citizens will continue to enjoy speedy, transparent and convenient services, whilst the government gets increasingly integrated into the community welfare and more importantly is in a position to focus real time on reallocation of resources where they are needed the most. A social transformation happens when citizens are empowered to help themselves in dealing with various government segments, saving time and money for all concerned and elevating overall levels of satisfaction for common man. Tera Software Ltd has pioneered many a prestigious project in this domain of e-governance for various government agencies at the state and central level. The company today is standing on the threshold of contributing meaningfully to the National e-Governance mission. It has ambitions and plans in further designing creative solutions across a wide spectrum of industries for the dual benefit of citizens and the government, once the basic citizen identification biometric infrastructure is in place. The company continues to invest in the core e–governance solution capabilities to address this potential market of Rs.60,000 Crore in the next  4-5 years. As the Company enters a key strategic period in its evolution, the years ahead will be marked by growth in revenue and profits, whilst further strengthening its focus on customers and delivery. During FY12, the company has added following three new business segments AADHAR, NPR (National Population Register) and SWAN (State Wide Area Network). Collectively they account for a healthy order book on hand of Rs.870 crores to be executed over next three years. During FY12, the company got empanelled with Unique Identification Authority of India, as T2 F4  agency. Under this award of order, your Company is entitled to enroll about  5 (five)  crore  citizens per year. 
Central government has planned to cover the entire Indian population of 120 crores in about 4 years with coverage of 10 lakhs population per day.  During Fy12, the Company became a preferred partner in India to integrate and sell the Biometric devices of L1 Identity Solutions Inc, USA. This gives an added advantage to integrated division of the company in addressing the Business opportunities in NPR and AADHAAR. The company firmly believes that in bringing new customers and adding value to the existing relationships (with the current customers) will only help in getting additional business opportunities for the company. During FY12 the client base of your Company has increased from 21 to 30.
For more you can visit its website: http://www.terasoftware.com/sites/terasoftware/
Indiabulls Securities Ltd which was asked to be accumulated on all declines, hit the buyer freeze in the early afternoon trade. The stock was strongly recommended a number of times here in this blog. The scrip is locked at the upper freeze at Rs.9.21.

Coal India Ltd will probably sign FSA today, which will be positive for all the power generation companies. Reliance Power Ltd is already up today and is now trading above Rs.107. It has already touched Rs.108.55. To get the report on Reliance Power, CLICK HERE. 
Buy KSK Energy Ventures Ltd at Rs.61.50, T--Rs.72, SL--Rs.58. The company would also benefit if the Coal India Ltd signs FSA.