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.

Wednesday, November 06, 2013

As expected Tulip Telecom Ltd hit the buyer freeze at the late afternoon trade at Rs.8.15. The scrip was repeatedly asked to be accumulated here in this blog. Also, Kavveri Telecom Ltd (Rs.29) was also asked to be accumulated on all declines. The company is expected to declare the results by 14th November, 2013. Before, that we could see some fireworks in the share price. Join my recommended brokerage  house to get all these information FREE. 
BGR Energy Systems Ltd today moved to Rs.121.85 before closing at Rs.117.85. The current order book of BGR Energy Systems Ltd, including the Al Nasiriya Power Project contract, stands at whooping Rs.13, 325 Cr (Rs.133.25 Billion). Given  the strong order book position, revenue growth visibility over FY14E-15E remains intact. However, besides the margin concern on NTPC bulk tender orders, a new concern stemming from exorbitant levels of debt would keep pressure on the stock; despite the fact that most of this debt continues to remain short-term working capital debt. Nevertheless, BGR Energy's operating performance could improve in the coming months led by better-than-expected margins. Its EPS is Rs.23.20 and the P/E of the shares is only 5.
Allahabad Bank Ltd (Rs.93.85), Dena Bank Ltd (Rs.62.30) and Central Bank Ltd (Rs.63.15) today fell after a long rally. Dena Bank was recommend around Rs.47-48. Meanwhile, Allahabad Bank Ltd informed BSE that it has decided to revise the interest rate upward upto 1.20% on different maturity on domestic retail term deposits schemes less than Rs.1.00 Crore, with effect from November 04, 2013. This will help garner more business for the company. The company earlier said that the Cost of the Deposit has come down in September, 2013 quarter from 7.56% to 7.24% and Net Interest Margin Stood at 2.75% which is satisfactory considering the present conditions of Indian economy. Already in the September, 2013 quarter, the deposits of the Bank increased to Rs.1, 80, 396 Cr from Rs.1, 61, 957 Cr (as on 30/09/2012), showing a YoY growth of 130.35%. Moreover, the company came out with good set of numbers for the Q2FY14. The Operating Profit of the company was up by 43.78% to Rs.1154 Cr from Rs.802 Cr, considering YoY figures. Net interest income increased to Rs.1309 Cr. Book value of the share also increased to Rs.224.61. Gross NPA to Gross Advances was 4.94% as on 30/09/13 and net NPA to Net Advances Ratio was 3.83% as on 30/09/2013, which is more or less satisfactory. The scrip should cross Rs.100 within a short time, only a little patience is needed. 
Also, Kohinoor Broadcasting Corporation Ltd hit the upper freeze today as it closed Re.0.27, up 3.85%. Those who have bought the scrip around Re.0.13-0.14, when it fell have almost doubled their money. Therefore, always visit this blog and stay ahead of others.