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, June 20, 2017

Winning Strokes: Think Different
1. Prajay Engineers Ltd was recommended around for long term investors at Rs.10.80-11.20, 
at the end of last month. The stock hit the upper circuits today and closed at Rs.12 in the NSE with good volumes. However, in the BSE, the scrip is still ruling below Rs.11.70. The medium term investors can look for targets of Rs.15-15.50.

2. Simplex Projects was recommended as buy on 10 May, 2017 in this blog at Rs.34.65, with a price target of Rs.51-52. The s rip hit the UC today and closed at Rs.49.85 in the NSE. The long term investors can book some profits and hold with a SL of Rs.46.40, for targets of Rs.56-57. Its sister concern Simplex Infra is doing the Metro Railway project in Mumbai.

3. Today, Bhusan Steel Ltd, which is reeling with a debt of ~Rs.90,000 Crore moved up by 9.28% and closed at Rs.64.15. Following the same trend I feel the stock of Punj Lloyd (Rs.17.90) should also move up tomorrow, as the infrastructure and Real Estate stocks have started to move up. Speaking to a Business Channel from the sidelines of India Conference in Japan, Mr.Atul Punj, the CMD of the Punj Lloyd group, said the government is working to resolve the non-performing assets (NPA) issue. He said the EPC sector has made several doable recommendations to resolve the issue because EPC is not a sector where 5:25 package will work.
The company is trying to recover Rs.4700 crore stuck with customers for a long time and hope to recovery at least 50 percent of that in FY18, he said.
Punj Lloyd Ltd is having an order book of Rs.18,000 Cr plus.
Punj Lloyd traditionally provides integrated design, engineering, procurement construction and project management services in the energy and infrastructure sector. However, it has diversified its interests into aviation, defence and upstream through subsidiaries and joint ventures.

4. RCom today closed at Rs.19.05 in the NSE. Fresh positions can only be taken above Rs.22.50.

5. I have updated the Premium Members on Rasoya Proteins Ltd (Re.0.15) and soon will be recommending a good dividend paying scrip. The interested persons can join the Paid Service at the earliest.
Also, I have a scrip which can double in the short term. Those who can invest 2-3 lakhs (or more) on this B -group, BSE/NSE listed company can ping me at suman2005s@rediffmail. com or sumanm2007s@gmail.com. The profit sharing will be 50:50, between you and my firm.
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