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We will give you, the business development portfolio and pay you handsome amounts for your efforts. It does not matter, in which part of the world you are, as long as you can bring businesses. If you are interested, please send me at mail at: suman2005s@rediffmail.com.

Tuesday, January 14, 2014

WINNING STROKES: THINK DIFFERENT
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.