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, June 16, 2014

Source: www.economictimes.com
Today's recommendation Veer Energy and Infrastructure Ltd at Rs.5.28, moved to Rs.5.78, intra-day before closing at Rs.5.71. The charts are looking good for the scrip. There is a brief report on the company on my sister blog: SumanSpeaksPlus
Relentless selling in going on Western India Shipyard Ltd (Rs.2.75) and Jai Balaji Industries Ltd (Rs.26.40) as if both the companies are going to close down. What an irony!! According to my assessment, while the former can fall upto Rs.2.60 in the short term, the latter, can correct to Rs.23.50 in the short term. Therefore you can take your buy or sell call decisions accordingly. There is no  need to panic, as both shipping and steel sectors are going to benefit, in the coming days, due to pragmatic government policies. 
Richa Industries Ltd a company into textile and construction, today moved to Rs.22.75, before closing at Rs.22.30. This is a solid company with FY14, EPS of around Rs.4.22. The scrip is trading very cheap compared to its peers. It is also a dividend paying company. 
Surprisingly the shares of Shiv-Vani Oil and Gas Exploration Ltd came down to Rs.21.60, when the crude price is moving  up due to escalation of the crisis in Iraq. The scrip should be accumulated on all declines. 
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