Tuesday, October 02, 2012

Jai Balaji Industries Ltd which was asked to be accumulated on my yesterday's morning note to the Paid Service Members, hit the buyer freeze. But what is the reasons for the same? Any idea? To get all such details you need to join the Paid Service or my Brokerage House. 
Yesterday, SEL Manufacturing Company Ltd,  moved up in tandem with the improvement in the sector. The company is becoming massive day by and day and in any case Rs.5.40 cannot by any wildest sense represent the share price of the company. To diversify, its business, it has now entered into Hotel and Aviation Sectors too. Its IPO had  upper band of Rs.90, in 2007. SEL Manufacturing Company Ltd of the R S Saluja Group announced an initial public offering (IPO) of 41,38,410 equity shares of Rs.10 each through 100% book-building process. The price band was fixed at Rs.80-Rs 90 per equity share.This The vertically integrated textile company intends to expand its spinning capacity to 1 million spindles with in the next 24 months from 74,256 spindles,which it intended during the time of IPO. Therefore, to make some solid bucks or 3-4 times returns in the next 3-4 years please do not hesitate to take positions in the  shares of the company. Moreover, since the promoters' holding is less, there is a chance of HOSTILE TAKE OVER BIDS like that happened in some of the companies listed in the BSE. It could also be taken over by some established players by clandestinely cornering its shares through large scale open market purchases. The market cap is only Rs.179.26 Cr at the current price. 
Kohinoor Broadcasting Corporation Ltd which was asked repeatedly to be accumulated during the last couple weeks, to the Paid Service Members hit the buyer freeze yesterday, in the mid afternoon trade. Where is the share headed? Any idea?
Anant Raj Industries Ltd which was strongly recommended around Rs.44 and Rs.51 strongly and asked to be accumulated on all declines is near its 52-week high price of Rs.79.95. Congratulations to all those who made money in the scrip. 
Accumulate Shree Asthavinayak Cine Visions Ltd before Dabangg 2, is  released in December, 2012. It;s Star Cast: Salman Khan, Sonakshi Sinha, Sonu Sood, Prakash Raj, and is being directed and produced by Arbaaz Khan; Banner / Distributor: Shree Ashtavinayak Cinevision Ltd, Arbaaz Khan Productions. This is a chance to lap up the scrip at rock bottom price of Rs.2.29--2.31 before December actually beging, so you have just 2 months time to collect the funds and invest in the scrip. The initial public offering of Shree Ashtavinayak Cine Vision Ltd in 2006, was subscribed by 6.04 times on the closing day. Bids were received across the price band of Rs.140 - Rs. 160 (Rs.10, Face Value at that time) a share. The QIB portion at that time was over-subscribed by 6.13 times, the non-institutional investor segment by 10.67 times and retail 3.94 times. Therefore, this "Rasogolla" should be lapped up at the earliest. 
The investors should accumuulate the retail counters as FDI in retail is expected to change the whole sector. V2 Retail Ltd, Pantaloon Ltd, Shoppers Stop Ltd, etc, should be accumulated on all declines.  
McNally Bharat Engineering Ltd was asked to be accumulated to the Paid Group at around Rs.92-93, yesterday it touched Rs.116.30. So, where is the stock headed, as this sector has started to perform?
Where is Nifty headed in the next few days? How are insurance reforms going to affect some of the sectors? What to do with the Banking Counters? Join my Paid Service or my brokerage house to get an idea on the same. Those whose accounts have been opened in my brokerage are requested to deposit the funds and start trading immediately to get maximum from the markets.