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, May 31, 2016

Rolta Ltd: Buy
CMP: Rs.72.20
Buy Rolta Ltd at Rs.72.20 for short term targets of Rs.77-79, SL--Rs.69. Rolta Ltd's Q4FY16, Consolidated PAT grew 26.3% QoQ as reported by PRNewswire. 

The stock fell today as S&P Global Ratings on Monday lowered its long-term corporate credit rating to 'CCC-' from 'B+'. This is a temporary phenomenon and the stock is expected to recover very soon. 

What the market has ignored till now is that, Fitch also believes that Rolta India Ltd, has a high chance of collecting these receivables because most receivables are from either government agencies or U.S.-based multi-national corporates.

Therefore, this is a sure shot risk free counter at the CMP of Rs.72.20.
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