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.
Monday, January 20, 2014
WINNING STROKES: THINK DIFFERENT
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.