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, October 08, 2013

ARSS Infrastructure Projects Ltd (Rs.19.90): A Clear Buy
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Moving Average Analysis: Now if we further look at the scrip of ARSS Infrastructure Projects Ltd, then we would find that: 21 DSMA > 50 DSMA (Rs.18.20). Or in other words the scrip is still above its 50 DSMA. Also, its 21 DEMA is placed above its 50 DEMA, which also gives some indication, that the bulls have started to take interest in the scrip. However, it has cross Rs.22.50, before it can further show any momentum--this is near its 100 DEMA (Rs.22.42).
Fundamentals: ARSS Infrastructure Projects Ltd very recently bagged a new work order of Rs.147.53 crore for World Bank Projects in Odisha. Now the total revenues for the June, 2013 quarter is Rs.135.56 Cr. Thus this order is greater than that of June, 2013 quarter earnings. 
For the first quarter (Q1FY14), the company posted a net loss of Rs.22.12 crore, compared with a net loss of Rs.26.24 crore in the corresponding quarter of the preceding year. This means the company performed better on Y-o-Y scale. Net sales and other operating income stood at Rs.135.30 crore, lower by six percent than the Rs.144.09 crore in the year-ago quarter; though both OPM and NPM remained more or less flat during this period.
ARSS Infrastructure Projects Ltd is into Civil Construction and hence could get some sentimental benefits due to a cut in the MSF rates by the RBI. The Company’s debt is under CDR which was approved on July 19, 2012 by CDR empowered Group (CDREG) and was implemented on September 06, 2012. In terms of the guidelines issued by CDREG the company has issued Compulsorily Convertible Preference Shares to the promoters and their associates to the tune of Rs. 15.00 Crores on preferencial allotment basis. At the CMP of Rs.19.90, the scrip looks a clear buy for a target of Rs.31-32.