Friday, December 29, 2017

Today was a day for the shareholders of Housing Development & Infrastructure Ltd (HDIL), as the stock which was recommended yesterday around Rs.59 to the Premium Members and also in this blog, almost around the same price rocked the boat of the bears as it made an intra-day high of Rs.66.70. The share closed the day at Rs.65.80 in  the NSE, up 11.34% but is still more than 80% lower than its seven-year-old price. Its all-time high price level was Rs.1,113 which it hit on January 8, 2008. 
According to some media reports, HDIL had land reserves of 200.47 million quarter feet as of September 30, 2016. It boasts of being the owner of largest land bank in the Mumbai metropolitan region, which it can capitalize to cut its debt. JP Morgan noted HDIL’s balance sheet cost of land is at 50-70%  lower than market value. It expects margins of the company to be above 30% even under affordable housing price points. After today's performance and recent developments regarding debt payment (NPAs), I am expecting the stock of HDIL to touch Rs.120, in the next 2-3 months. Remain invested keeping a SL at Rs.57.

Unitech Ltd which was recommended several times in this blog, starting from Rs.5 levels today made an intraday high of Rs.9.85, which is just a tad below the yearly high made on 26/12/17. The long term investors can hold the stock with a SL at Rs.9.20 on closing basis. 

The stock of Reliance Infrastructure Ltd which was recommended around Rs.539-540, today made a high of Rs.574.30 in the NSE. The scrip closed flat at Rs.555.3. Considering its order pipeline and its holding in Reliance Naval and Engineering Ltd, I am expecting the stock to cross Rs.600 in the coming days. Stay Invested with a SL at Rs.522.

Suzlon Energy Ltd which was recommended at around Rs.13.60, some weeks back, today made an intra-day high of Rs.15.70, before settling near the day's high of Rs.15.50. Accumulate the scrip on all declines for targets of Rs.17-19 in the coming days. SL: Rs.14.70.

Mandhana Industries Ltd which was recommended in this blog at various prices today made an intraday high of Rs.10.30 in the NSE before closing at Rs.9.90. I am looking for targets of Rs.14-15 in the coming days. Keep a SL at Rs.9.30.

MBL Infrastructures Ltd today made an intraday high of Rs26.70, before closing flat at Rs.26.15. After the recent media reports, I am expecting the share to cross Rs.50 very soon. The stock has already risen from the recommended price of Rs.24.40. It will give you multibagger returns going forward. So, risk taking investors can accumulate the scrip on all declines.

I am increasing the subscription charge of my Premium Services to Rs.18,000 per year from 16th January, 2017. However, those who will enroll before 31st December, 2017, will get a special discounts on my present subscription rate of Rs.15000 per year. So, rush for further details on the same at: or

At the end I wish you all a Very Happy and Prosperous New Year (2018)If this year hasn’t given you something to be happy and cherish about, don’t fret. If the 31st of December signifies the end of a year, the 1st of January signifies the beginning -- go out there and accomplish all that you want. Hope you sprinkle joy and happiness wherever you go, all the days of the upcoming year and get the same in return. Hold the smile, let the tear go, keep the laugh, lose the pain, look for joy, and abandon the fear.  Happy New Year once again to all my "Dear Blog Visitors"! 
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