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" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also 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, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌

Monday, January 20, 2014

Entegra Ltd hit the buyer freeze in the opening trade. I am lucky that I could buy some in my personal holdings, a few days back. The scrip will slowly move towards Rs.10-12 ranges as the company starts its mega project within the next few months.  Entegra is one of the first private sector companies to foray into hydro power development in India. The 400 MW Maheshwar Hydro Power Project is being developed at Mandaleshwar, in the district of West Nimar, M.P.The share price is ridiculously priced and it is good that the prudent investors have started to find value in its share.
Tulip Telecom Ltd today moved up near the upper circuits before closing with a decent gain of 3.92%, at Rs.5.57. There are source based information, that the company is slowly recovering from the blues, it faced some months back. I and my family members are holding positions in the shares of the company and is expecting it give a decent returns in the next 3 months time frame.  
Shree Ganesh Jewellery  House (I) Ltd will have a meeting with a consortium of bankers on 24th January, 2014, according to my close sources, regarding its CDR scheme. The market is of the view that the it would get the required nod from the bankers. Also, within a short time the government is going to give some relaxation on the imports of gold. Moreover, the price of Gold has again started to rise in the international markets, this is expected to benefit those Indian companies who are  basically into export of jewellery. One should therefore, accumulate the scrip on all declines. Shree Ganesh Jewellery House (I) Ltd. is a  Rs.13,000 crore (US $ 2.4 billion approx) turnover company and is a Government. of India recognized "4 Star Export House". The company is one of the leading manufacturers and exporters of gold & diamond jewellery from India and is also into Solar Energy, Retail, Bullion Trading, Gold Loan Financing, etc. etc. The Promoters hold a whooping   73.46% while FII / Banks hold 11.29% while the general public holds only 15.24%. Hence, once it starts hitting Upper Circuits, it would continue to do so for sometime. The share price at Rs.26.50 has a Dividend Yield of 11%, Book Value of Rs.226.03 and P/BV of only 0.12. Besides, most of its Peer Group companies like, Rajesh Exports Ltd (Rs.82.35 was up 4.24%), PC Jeweller Ltd (Rs.77.25, Re.1 Face Value was up 0.85%), C Mahendra Exports Ltd (Rs.98.85 was up 3.87%) and Asian Star Company Ltd (Rs.604.00 was up 4.91%) closed in the GREEN today. 
The stocks of the Essar Ports Ltd moved to Rs.60, before closing at Rs.58.35 in the BSE. The company is expected to do well in the coming months as the coal imports picks up more steam. 
The markets behaved as was expected in the morning trade. In the note sent to the Paid Groups it was mentioned that there would be a range bound movement of Nifty, with a positive bias,  as bounced back from 6150-6130 ranges. However, the trade will now slowly focus on the small and mid cap counters. Hence, expect a whirlwind rally in this space. Join my recommended brokerage house or my paid service to recover any loss you have incurred in the markets. The markets are moving up and you  need to make few correct trades to win back and make maximum out of this opportunity.