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.

Thursday, December 26, 2013

Shree Ganesh Jewellery House (I) Ltd (BSE Code: 533180), recommended today to the Premium Members and also to those who are trading through my recommended BROKERAGE  HOUSE, hit the buyer freeze.  The stock is moving towards Rs.31-32 in the coming days. Today it got locked in the Upper Circuits at Rs.25.65. According to the media reports nearly 81% of the company’s revenue was derived from exports in 2012-13 and 98 per cent of its raw materials were imported, creating a hedge. Since exports exceeded imports, a weakening rupee tended to benefit the company’s margins. Meanwhile, Shree Ganesh Jewellery House (I) Ltd has approached State Bank of India (SBI) for referring its debt to the corporate debt restructuring (CDR) cell. SBI is the lead bank in a consortium of its lenders. SBI had a meeting with the other members of the consortium last week to discuss Shree Ganesh’s proposal. Under CDR, banks typically increase the repayment period of loans to stressed borrowers, offer a moratorium and reduce lending rates. As on March 31, 2013, the company’s long-term borrowings were at Rs.100.4 crore and short-term debt at Rs.496.84 crore. The interest coverage ratio in 2012-13 was 2.26..The book value of the shares of the company is a whooping, Rs.226.03. Therefore, wait for some more UPPER CIRCUITS in the counter, in the coming days. 
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Essar Ports Ltd recommended yesterday to the Paid Group members, at around Rs.56.70, today touched Rs.60.80, in the NSE before settling at Rs.59.50. The scrip is expected to cross Rs.100, in the next few trading sessions. On a standalone basis the company came out with good set of numbers for the Q2FY14. Not only that it is taking measures to increase the value of the shareholders. Today the scrip closed above both its 21D and 50D, SMAs and EMAs. Also, the other Essar Group companies, like Essar Oil Ltd (Rs.53.55) and Essar Shipping Ltd (Rs.19.90) did well today. 
Future Retail Ltd which was recommended only some days back at around Rs.67, today touched Rs.76.30 (crossed the 2nd target of Rs.76), before closing at Rs.73.50. 
My recommended Suzlon Ltd today got locked in the Upper Circuits Ltd at Rs.11.03 before closing at Rs.10.94 in the BSE. I have positions in the company in my personal account and is bullish on the scrip.
Tulip Telecom Ltd today hit the Upper Circuits Ltd at Rs.6.11 before cooling down at Rs.6.08. The Book value of the sharers of the company is Rs.45.34 (Forty five rupees and thirty four paise). It is true that the company is facing some financial crunches, however, even if there is any liquidation of the company (say the worst case scenario), then also the present SHAREHOLDERS stands to gain more than 7 (Seven) times of the CMP of Rs.6.08. As, mentioned earlier, I and my family members are holding a stake in the company. 
Country Club Ltd which was recommended only a few days back, here in this blog, today touched Rs.8.73 before cooling down at Rs.8.41. The company stands to gain from the depreciation of the INR against the USD, which is expected to boost both the normal and medical tourism of foreigners (as it makes travel to India cheaper). The company has huge asset base and it is pity how the scrip is trading so low. Even if one invests at the current price of around Rs.8.41, there is a chance to get double returns in the next few months if the market momentum continues. 
IVRCL Ltd (Rs.16.79) today crossed the 1st target of Rs.17.50, and profit booking was suggested in the counter. In the same way, my recommended, HCC today crossed its first target of Rs.15.50, as it touched Rs.16, intra-day. 
Join my Premium Service or my recommended Brokerage Houses to take maximum advantage from this rally. Those who have lost money in earlier cases, can also COVER all their losses just by going through few CORRECT TRADES.  The rally in the small and mid caps have started and it is the best time to enter the equity markets. To join the service/s send me a mail at: 
(i) suman2005s@rediffmail.com
(ii) sumanm2007s@gmail.com.