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, June 25, 2014

WINNING STROKES: THINK DIFFERENT
[Editor: Unless this animal named T-Group is abolished the Indian Stock Markets would not be same as it used to be, a decade back. Keeping the shares languishing in the T-group for weeks, without any apparent reason, has not oly generated a new form of SCAM, but have also destroyed the whole market breadth. This also probably done, so that money flows only into large (select mid and small cap) counters and the indices rises, giving a feel good factor--but the whole approach is of deception and is wrong. Moreover, it is to be noted that Speculation is a part of any Share Market, therefore, though there is a need to regulate it, but why should the investors/ trader be asked to compulsorily to take delivery of shares. Zabaardasti!! This is then called Rape of the Investors, by the Regulators. Such "Rapes" should be stopped immediately, to revive the small and mid cap space. Though the Indian Stock Indices are near all time high, due to our incompetent regulators, many of the stocks are much below then October, 2008 highs--really shameful!!] 
Resurgere Mines and Minerals Ltd (Rs.2.68)  hit another buyer freeze in the opening trade. The scrip has been continuously hitting the Upper Circuits, since the time it was recommended. 
Birla Shloka Edutech Ltd today touched a high of Rs.5.25 before falling at the Rs.4.99. This Yash Birla Group company is expected to give good returns going forward. The company has a piece of land in Oshiwara (near Andheri West, Mumbai), at Rs.16 Crore, whose current valuation is much higher. The market cap of the company is only Rs.10.45 crore. Birla Shloka Edutech Limited provides information technology (IT) services and sells IT products to private and government schools. The company offers XL@school, a curriculum based interactive multimedia software product for mathematics and science subjects as per the syllabus prescribed by different educational boards that is designed to impart academic knowledge through electronic media. It also provides information and communication technology (ICT) solutions in schools along with infrastructure assistance on build own operate transfer model to schools over a contracted tenure. In addition the company resells hardware products, such as desktop/laptop computers, LCD projectors/TVs, interactive white boards, and UPS/inverters/generators; and software products, including online examination software, geo engineering software, data migration software, accounting and inventory software, asset management software, HR management software, and share transfer software with signature card. It operates in India and United Arab Emirates. The company was formerly known as Shloka Infotech Limited and changed its name to Birla Shloka Edutech Limited in December 2008. Birla Shloka Edutech Limited was incorporated in 1992 and is headquartered in Mumbai, India. The Book Value of the shares of the company is Rs.50.36 and the company has now expanded to whole of India. There are some source based news that the company has recently opened some of their centres in Jamshedpur, Jharkhand. 
IVRCL Ltd today closed flat at Rs.24.30. The rights issue and CDR will give the necessary cushion to the investors. With the NDA giving stress on infrastructure, it is only time that the scrip would move up. 
Jai Balaji Industries Ltd which was recommended only a couple of days back in this blog and in SumanSpeaksPlus, hit the Upper Circuits today. Long term investors should  understand the hidden value in the shares of the company. The scrip will be moving towards Rs.31-32 in the short term. 
PVP Ventures Ltd (Rs.8.90) should be accumulated for a target of Rs.11-12 in the short term. A lot of positive developments are happening in the company. Moreover, in a Cricket-Crazy India, Football viewership is on the rise. According to the Economic Times, June 23, 2014: In 2011, there were 83 million TV viewers for football in India, compared with 122 million for cricket. Between 2005 and 2009, the audience for football in India rose 60%, according to TAM Media Research, with a big chunk of them watching the European league. The first edition of the football league, which is a three-way joint venture among IMG, Reliance Industries and Star India, will be played in September this year among eight city teams. These teams — Bangalore, Delhi, Goa, Guwahati, Kochi, Kolkata, Mumbai and Pune — are owned by celebs and top businessmen who includes Sachin Tendulkar, Sourav Ganguly, Salman Khan, Ranbir Kapoor, John Abraham, PVP Ventures, Harshavardhan Neotia, Sanjeev Goenka, Spanish football club Atletico Madrid, Venugopal Dhoot and others. The co-operation agreement between the ISL and EPL will raise the bar for football in India and also bring in television and on-ground viewership. It is to be  mentioned here that PVP Ventures Limited, a Hyderabad-based multi-business house with interests in real estate, media and entertainment, in partnership with retired cricketer Sachin Tendulkar, earlier won the rights to own a Kochi-based soccer club that is part of the eight-city Indian Super League. PVP also owns Hyderabad Hotshots, the inaugural Indian Badminton League champion team. Also, there are rumours going around that Potluri Vara Prasad (PVP) might be given a Rajya Sabha ticket. In all probability going forward Tthe scrip is going to give decent returns to the investors. 
As expected Shiv-Vani Oil and Gas Exploration Ltd (Rs.22.45) hit the upper circuits in the morning trade. The company is implementing the CDR package and have also got waiver of interest in its debt. The shares of the company should bounce back from here as the government of India gradually liberalizes the Oil and Gas sector. Moreover, any hike in the natural gas price would be a big booster for the share price. 
Allied Digital Services Ltd (Rs.22) today closed flat. The scrip is finding difficulty to cross Rs.22.50-23 ranges. However, the future of the company looks good, after FY14 results were declared. It is to be noted that Allied Digital Services Ltd fell from around Rs.400 plus in 2008-09 to the current price of Rs.22. However, the book value of the shares of the company is still Rs.149.40 and the EPS is Rs.2.77. A decent P/E rating of around 15 can take the scrip to around Rs.39-40, in the next few months. The scrip is languishing in the T-group, for weeks even though there is hardly any volume in the counter. Today the total shares traded were only 8287 and so is the 2-week average quantity. Unfortunately, the regulators have destroyed the whole of Indian Markets. 
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