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.

Thursday, February 16, 2017

Today's Calls
1. Buy JSW Energy Ltd at Rs.60 -- 60.50, T: Rs.67-68, SL: Rs.57. The good
news is that the Vijaynagar plant has commenced a short-term PPA at Rs.4.18/unit approved by the regulator. The company said that it is raising long term funds through the issuance of redeemable non-convertible debentures upto Rs 1,000 crore by way of a private placement.
The company said its wholly-owned subsidiary, Karcham Wangtoo Hydro project of Himachal Baspa Power Company has filed a petition for determination of final tariff with Central Electricity Regulatory Commission (CERC). Pending the receipt of final tariff order, the revenue from sale of power under long term power purchase agreements are being recognised in terms of expected tariff as per the available guideline. The hydro projects were acquired during September 2015, it said.
Though JSW Energy Ltd still has 1160MW open-ended capacities, it is likely to get a good value, as the demand for power increases, post demonetisation. 

2. Those who are holding Reliance Communications Ltd (Rs.33.10) can continue to do the same for a shirt term target of Rs.37-38. Reliable Communications Ltd is now virtually (Unofficially) RJIO.

3. Those who have taken position in Punj Lloyd Ltd (Rs.20.20) yesterday should wait to see if it crosses above Rs.20.50 or not to take fresh entry. On breaking of Rs.19.60, it becomes a sell.

4. Those who have entered Reliance Power Ltd, should continue to hold with SL of Rs.41.80.
The power sector is set to do well as the economy picks up steam, post demonetisation.

5. Buy Rolta India Ltd at Rs.63.50, T: Rs.71-72, SL: Rs.61.60. Today most of the IT and defence stocks are doing well and hence Rolta Ltd should also move up in tandem. 
In earnings reported earlier, net profit for Q3FY17 came at Rs 98.7 crore against Rs 127.3 crore quarter-on-quarter, while total income was up 0.2 percent at Rs 343.9 crore versus Rs 343.2 crore.
A share of a company reporting Rs.98.7 Cr quarterly profit should trade above Rs.100 as against the CMP of Rs.63.50. Moreover, yesterday volume of 52,000 in the BSE will be crossed today, as brisk buying is seen in the counter.
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