Presidential Elections: Support Dr.Meira Kumar
Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" in the hands of "UP ka Beta", will invariably bring Shame to the Biharis and Jharkhandis. So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar. This might also probaly correct some of the historical mistakes of not making her father, the Prime Minister of India.
Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar and make her the 2nd Female President of India.
All the best to Dr.Meira Kumar...
Wednesday, November 06, 2013
WINNING STROKES: THINK DIFFERENT
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.