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We will give you, the business development portfolio and pay you handsome amounts for your efforts. It does not matter, in which part of the world you are, as long as you can bring businesses. If you are interested, please send me at mail at: suman2005s@rediffmail.com.

Thursday, March 09, 2017

Today's Calls
1. Buy ACC Ltd at Rs.1407, T: Rs.1425-1450, SL: Rs.1386. This is a pure chart based call.

2. Those who have bought the shares of Inox Wind Ltd yesterday at around Rs.169.30-170, can book partial profits at Rs.173 and hold the rest with a SL: Rs.170.40.

3. After Inox Wind Ltd (CMP: Rs.178), you can buy another power company which is alao into green energy: Buy Reliance Power Ltd at Rs.46.10, T: Rs.51, SL: Rs.45. Reliance Power claims on its website it has the largest portfolio of power projects in the private sector based on thermal and renewable energy with an operating capacity of 5,945 Megawatt.
Reliance Power Ltd posted a net profit of Rs. 434.30 million for the quarter ended December 31, 2016 as compared to Rs. 3493.40 million for the quarter ended December 31, 2015. Total Income has decreased from Rs. 4072.70 million for the quarter ended December 31, 2015 to Rs. 1665.30 million for the quarter ended December 31, 2016.
The Group has posted consolidated net profit after tax, minority interest and share of profit / (Loss) of associates of Rs. 2757.00 million for the quarter ended December 31, 2016 as compared to Rs. 2410.60 million for the quarter ended December 31, 2015. Total Income has increased from Rs. 25568.00 million for the quarter ended December 31, 2015 to Rs. 29845.60 million for the quarter ended December 31, 2016.


4. Those who are holding the shares of Future Enterprises Ltd (Rs.17.70) from Rs.17.50-18, can look for short term target of Rs.32-35. Today, the scrip made a high of Rs.28.75. The retail space has started to gather steam post demonetisation.

5. Those who have again entered Tata Motors (Rs.468.30) above Rs.63 or did not exit yesterday (though SL was not hit), can look for targets of Rs.488-497.

6. The Indian markets are slowly recovering and at the end of the day, it should close in the green. The Nifty is now trading at 8,917.05 down 7.25 points or 0.08%.

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