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.

Thursday, May 30, 2013

Market Mantra
Glodyne Tech Ltd which was recommended repeatedly, here in this blog, hits the buyer freeze at Rs.11.77. The scrips of these kinds of blue chip companies, should always be accumulated in all dips.  
HDIL has come up with not so encouraging Q4FY13 results, but the current price of Rs.46.40, factors that & this the reason precisely why the scrip fell from around Rs.120, to the current price. This is not the time to go for shorts but accumulate the scrip and keep holding. The company has given good guidance for the future quarters. On the issue of Mumbai International Airport Limited (MIAL), the Company management said, "We are going to approach the courts, and yes, it was generating a lot of TDR for us. But at the end of the day, HDIL has several projects to generate, TDR, the airport project was one of them. We have other schemes, we will continue to do so and generate TDR from them. We have about 1 million square feet of TDR which is left which will be generated, which will be sold. As such the ongoing projects which were part of the airport scheme do not get affected. CLICK HERE. We are going to try and see not to put any other future projects into the airport scheme. The balance TDR will be sold and monetize over the next year or so". 
The company has launched only one new project in Q4FY13. In Q1FY14, the company launched three new projects of which two are additional phases in the Mulund and Nahur projects and one in JV with Ravi Group in Ekta Nagar. It has indicated that demand remains weak while there has been some improving trend recently. We invest in a company depending on the future growth projections and not only based on the past data. In the past a person can be sick, but that does not mean that in the future he should continue with the illness, unless it is of terminal in nature. These things have already happened and the stock has reacted, now it is time for the stock to slowly move towards Rs.120. CLICK HERE.
Morning Call Kingfisher Airlnes Ltd at Rs.6.30, hit the buyer Freeze in the morning trade. But there are still some shares left in the NSE at Rs.6.34, which you can accumulate. 
Buy ARSS Infrastructure Ltd at Rs.30, T--Rs.35, SL--Rs.27. The company came out with comparatively decent set of numbers for the Q4FY13. The net loss of the company for Q3FY13, decreased to Rs.7.63 Cr as against Rs.67.68 Cr in the same period previous year. The Book value of the shares of ARSS Infrastructure Ltd is Rs.238.63 and market cap of only Rs.44.60 Cr.