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.

Tuesday, January 14, 2014

HCL Infosystems Ltd, today touched my 1st target of Rs.28 and hence profit booking was suggested in the counter. However intra-day the scrip touched Rs.29.40. This is now bascially a consumer durable and Telecom company and is richly valued at the CMP of Rs.28.90. However long term prospects of the scrip is very fine. 
Shree Ganesh Jewellery House (I) Ltd today flat at Rs.27.70, The book value of the shares of the company is Rs.226.03, with a dividend yield of 21.62%.  One of the positives which will help the scrip in this quarter is the imposition of 15% import duty restrictions by the finance ministry on last September, 2013 (against 10% earlier) on the Jewellery, in order to provide a level playing field for domestic manufacturers. Moreover, relaxation in terms of imports of Dore Gold, will also help shore up the bottomlines of Jewellery makers in Q3FY14. Most of the jewellery that is imported into India comes from Italy, Turkey, Dubai, Thailand, Hong Kong and the United States.
Essar Ports Ltd today touched a high of Rs.60.70, before closing at Rs.59.20. The correction seems to be over in the scrip, and it is only time that it will move up. Those who are thinking of averaging the please complete it before the Q3FY13 results. Also, Essar Oil Ltd went down due to a negative  news in the counter. It closed at Rs.53.40. 
Rolta Ltd today touched its 2nd target of Rs.76, before closing at R.s75.55. The scrip has god fundamentals and should be purchased only for the long term.