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, August 18, 2016

Important
Photo: Economic Times
(i) Adani Enterprises Ltd could be bought at Rs.75, for a short term target of Rs.81. A healthy rise in its coal mining volumes in the first quarter of current fiscal 2016-17 pushed Adani Enterprises Ltd (AEL)'s standalone net profit up by 155.99%. Moreover, a rise in the price of crude oil is positive for all the energy trading companies. Adani Enterprises is a diversified company. The company is engaged in the business of coal trading, coal mining, renewable energy among others.
Less than a year after the coal industry was declared to be in terminal decline, the fossil fuel has staged its steepest price rally in over half a decade, making it one of the hottest major commodities. Cargo prices for Australian thermal coal from its Newcastle terminal, seen as the Asian benchmark, have soared over 35 percent since mid-June to more than one-year highs of almost $70 a tonne, pushed by surprise increases in Chinese imports.
(ii) Shrenuj & Co Ltd (Rs..208) could be accumulated only by high risk taking investors. The stock could give stupendous returns over a period. “In its apparent over-enthusiasm, ICICI Bank Limited approached the DRT-III [debt recovery tribunal] in India and sought an ‘ex-parte’ order for attaching all the inventories in India and placing restrictions on the international movement of the promoters,” Shreyas Doshi, chairman of Shrenuj, said. “This order was sought on frivolous grounds, far from the factual situation.” He stressed the bank’s action will not impact the company’s current operations but it does jeopardize the rights of the other 18 banks who form the lending consortium in India. “The company is in the process of seeking a legal opinion to challenge this ex-parte decision of DRT-III and take remedial measures,” Doshi said. The news followed Shrenuj’s decision to “rationalize” its workforce after annual revenue slumped 34 percent and the company swung to a loss. Shrenuj & Co Ltd is in the Jewelry business -- cutting and polishing of diamonds; trading in gold and platinum jewelry. 
(iii) This is August month and hence we could expect some positive news from the management of Reliance Communications Ltd (Rs.50.20). Stay put.
(iv) Reliance Defence and Engineers Ltd (Pipavav Defence) is slowly towards Rs.67. Once this mark is crossed we can look for targets of Rs.73. 
(v) Idea Cellular Ltd can be accumulated at Rs.94, with a SL of Rs.92, for a short term target of Rs.97. The telecom stocks will do well in future, as the number of major players gets reduced and indian mobile density increases. 
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