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, May 28, 2013

Market Mantra
Strongly recommended call of HDIL touched Rs.52.50, before the results on 29th May, 2013. The scrip which has a book value of Rs.238.53 is now trading at a joke. I am  looking at a target of Rs.120-122 in the next few weeks. The company has huge land bank and there is no reason to worry about its financials. HDIL had land bank of 229.93 mn sq ft  (1 million= 10 lakhs) as on 30th June, 2012. The TDR price as of August, 2012 were ~ Rs.2500 to Rs.3000 per sq. ft. Now calculate and compare the figures with the Gross debt of the company. Did you see the worth in the company's shares? Buy it and keep holding, even at this price of Rs.51-52. Also, the news that  RBI has barred banks from lending against gold exchange traded-funds and gold mutual funds is positive for the equity markets. This is expected to keep the Bulls happy.
Buy ARSS Infrastructure Projects Ltd (BSE Code: 533163) at Rs.31-31.50, T--Rs.37, SL--Rs.29.  The company has reduced the losses in the Q3FY13 as compared to Q3FY12. However, the most important part is that CEPS turned positive to Re.0.51 in Q3FY13 against (-) Rs.1.86 on Q-o-Q basis. There was also an improvement in both the OPMs and NPMs in Q3FY13. on Q-o-Q basis. The Book value of the shares of ARSS Infrastructure Projects Ltd is Rs.238.63.
Central Bank of India Ltd, another strongly recommended counter today touched Rs.68.45. Buy the scrip and keep holding for some decent gains going forward. This is not a momentum counter, but will act as an hedge in volatile times. CMP: Rs.67.80. 
Today A2Z Maintenance and Engineering Ltd, is showing some signs of bottoming out. Keep a close watch on the company and start averaging  on any pull back. Remember, the big Bull Rakesh Jhunjhunwala is having huge position in the company. CMP: Rs.16.95.
Glodyne Tech Ltd is consolidating before the declaration of the results on 30th May, 2013. The company is now doing a bit better and should turn black within the next few quarters. The debt levels have also come down, a bit due to some strong measures during the last few months. I have already recommended a speculative buy on the scrip. CMP: Rs.11.45.