Wednesday, May 08, 2013

Brandhouse Retails Ltd hit another buyer freeze in the opening trade. This is the 3rd consecutive buyer freeze after the scrip was recommended around Rs.2.20. 
The Chart of Aanjaneya Medicare Ltd
It seems the scrip of AANJANEYA LIFECARE LTD has made temporary bottom today. This was mentioned to the Paid Group in the morning brief. The scrip closed flat at Rs.77.15, after it fell from a high of Rs.700 plus during the last 4-5 months, defying all logic of the market.
Country Club India Ltd was recommended yesterday, after some favourable development was observed both in the company and in the sector in which it performs. It seems this time the stock would make new highs. The scrip today touched a high of Rs.7.60 before coming down to Rs.7.50. 
Sarda Energy and Minerals Ltd today closed flat at Rs.104.45, after it touched Rs.106, intra-day. The EPS of the company for the 1st nine months is Rs.20.84. It is strange how the scrip is trading at such a dismal price. The return of the Congress in Karnataka could be positive for the Steel and Mining companies. 
Suzlon Energy Ltd, which is looking excellent after restructuring and its desire to sell off its non-core assets, today rose to Rs.14.80, before closing at Rs.14.51. The company has an order book of more than Rs.40, 000 Cr (yes, forty thousand plus crore) and now since the problem of working capital requirement has ebbed, we could see the stock make new highs in the coming days. A strong buy is recommended in the counter.