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, January 08, 2014

HCL Infosystems Ltd recommended around Rs.22.90, a couple of days back today touched Rs.27.35. Today, I found Mitesh Thacker recommending a buy on HCL Infosystems with a target of Rs.28 and a stop loss of Rs.23.50. However, looking at the volume in the counter and its momentum, I feel it should touch Rs.30-31, in the coming days. Instead of buy Financial Technology based on the valuation, traders should buy this company and keep holding. According to an article published on The Times of India, 11th December, 2013, on the distribution side, HCL's big idea is to increase the predictability factor in its growth and profitability. As a result, it plans to expand telecom (mobile handsets) and computer hardware -- which currently account for about Rs.6,000 crore of its revenues -- and scale up consumer durables to Rs.2,500 crore in two to three years. Moreover,  Rothin Bhattacharyya, the second-highest executive in the Rs.9,294 crore company says, "We expect the total distribution business to be Rs.10,000 crore in three to four years."The book value of the shares of the company is Rs.82.37 and has a market cap of only Rs.582.83 Cr, as against the net worth of Rs.9,294 crore. 
Glodyne Technoserve Ltd  hit another buyer freeze in the opening trade. The scrip closed at Rs.10.77. The company is taking lot of measures to revamp its business. 
Essar Ports Ltd recommended a couple of days back at Rs.59, today touched Rs.62, in the NSE. The company is coming up with results on Jan 23, 2013; hence, buy the scrip before that. 
Everonn Education Ltd recommended here at Rs.29-30, today hit the upper circuits at Rs.55.30, before cooling down at Rs.55.20. The stock reached both its short and medium term targets. The investors could now book profits in the counter. 
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