Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌

Thursday, November 20, 2014

HINDALCO Industries Ltd: Buy
CMP: Rs.156.30
Goldman Sachs has a buy rating on the stock hoping for it to touch Rs.215 per share in a year. 

Initiating coverage on the stock, Goldman Sachs believes Hindalco will benefit from a change in product mix at Novelis and ramp-up of its domestic Aluminum capacity (by 150 percent to 1.3 metric tonnes currently). 

“While it underperformed Sensex by 25 percent in the past three months due to de-allocation of its Mahan coal block, we think the focus will shift back to growth. If Hindalco were to secure any coal block in the upcoming auctions by 1HCY15E at an attractive price, it could be a potential catalyst,” the brokerage says in a note. However, lower aluminum prices, higher coal costs, delays in capacity ramp-ups may poise risk to the stock. Net profit of the 

Aditya Birla group's flagship company fell 78 percent to Rs 79 crore. The decline was despite a Rs 361 crore forex gain and 36 percent rise in revenue. Revenue of the company rose 35.6 per cent during the quarter to Rs 8,554 crore from Rs 6,304.85 crore a year ago. 

Meanwhile, the Coal Ministry is likely to issue draft rules for e-auction for 74 coal blocks today and these rules will be put up for public consultation as well as stakeholder consultation too. This has also boosted sentiment around the stock as draft rules are expected to provide clarity on compensation for the coal blocks and is being done to be fair to all the parties involved. The draft rules include the point that the assets on coal blocks are to be bilaterally managed by the buyer-seller. The rules further pave way for a cap on tariffs levied and says the revenue maximization is not aimed for regulated sectors like power. 

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