Both the recommended stocks jets past.The markets

close flat today:

Good evening to u all.......Yes, u are right the hidden gems today were Samkrg Piston and Rings Ltd which closed at Rs.84.9 and the other one was Rasoya Protein Ltd, which closed at the upper circuit. Samkrg Piston & Rings Ltd is an automotive components manufacturing company. SAMKRG manufactures and markets a wide array of engineered Pistons, Piston Pins, Piston Rings & Circlips for the automotive markets. The company has grown in strong markets and maintained profitability in economic downturns making its business units better leaders in their niche markets. Pistons: SAMKRG is a recognized industry expert in piston technology, piston design, and piston production combined with know-how & experience gained from the production of over more than 5 million pistons. Pistons are available with various diameters ranging from 35 mm to 120 mm for combustion engines of all types and sizes with complicated crown shapes used in the automotive markets. Rings: SAMKRG manufacturers both cast iron and steel rings to suit the requirements of the automotive markets. Cast iron rings are in the diameter range of 35mm to 120mm and steel rings as per DIN/JIS standards in the diameter range of 35mm to 120mm with a axial width from 0.8mm to 3mm. The rings are manufactured to very close tolerances and have features such as high material strength, special ring face contours and torsion designs incorporated to ensure optimum in both compression sealing and oil control. SAMKRG rings can withstand the pounding and heat so that the metal bends without breaking and therefore can withstand detonation in high load engines. Pins: SAMKRG pins are manufactured with latest technology and finest of world machinery followed by international specification for manufacturing. Pins are made in various alloy steels, heat treated and super finished in the range of 10mm to 40mm dia and 30mm to 120mm long. Our design takes into account, strength, reliability and lightweight with an excellent surface finish.Pins are made of appropriate case hardened steel having outer surface hardened, tempered and polished and super finished with sufficient case depth to bear more wear and tear. Geometrical accuracies as per OEM's standard are maintained to ensure no problem during fitting and running Company is located at Hyderabad in central part of India and there are three manufacturing units, Two for Piston & Pins and One unit for Piston Rings strategically located close to Air and Sea ports. IT'S CLIENTS LIST CONSISTS OF WHOSE WHO OF CORPORATE WORDL: Indian Clients:Bajaj Auto Ltd, TVS Suzuki Ltd, Birla Yamaha Ltd, Greaves Ltd, Kinetic Motor Ltd, Bajaj Tempo Ltd( Force Motors Ltd), LML Ltd, Kirloskar Oil Engines Ltd, etc. Overseas Client List: Toto Piston, Japan, MAHLE - ACL Piston Products - Australia, Tecumseh,Europe, Briggs andStratton - USA, Derbi NacionalMotor S.A. - Spain etc. From conceptual development of a single component part through detail drawings of the complete system, it can provide specific manufacturing solutions for OEMs and suppliers. This quarter the company came out with excellent results. The net profit for the company jumped to Rs.9.45 Cr( Rs.2.02 Cr) on an equity capital of only 9.62 Cr. The EPS of the company for the June quarter is a whopping Rs.7, which is more than EPS for the whole of FY-05-06. The rise in net profit is mainly due to forex earnings / exports. Investments made by the company in previous year for Global growth of Exports now yielding partial results during the Quarters and will continue to show improved profits. I had recommended this stock also earlier. Those who are holding it at higher price can go for averaging. The stock is expected to rocket past Rs.100 in no time, so do not sell a single share and keep on accumulating on every dips. Of course use a stop loss of Rs.75. DO NOT ENTER THE SECOND COMPANY NOW. THOSE WHO ARE HOLDING PLEASE KEEP HOLDING AND EXIT AT AROUND Rs.15. More recommendations are following tomorrow. I might recommend a stock in the pharma sector...keep watch. Today I could not send the message early due to power problems here. Today's Market: Taking cue from the irm Asian markets, Indian equities, led by old and new economy heavyweights, opened with a bang as expected on Indian bourses. They held on to their gains till some time past mid-afternoon and looked set to end on a firm note. But then, a strong bout of selling pressure which erupted during the final hour of trade knocked off the gains of a few frontline stocks which pushed the market to close in the red. The Sensex, which opened with a positive gap of around 36 points at 11,547.42, sailed past the 11,600 mark to a high of 11,619.86 and then plunged nearly 160 points from that level to close at 11,502.62 with a minor loss of 9.06 points. On the National Stock Exchange, the Nifty swung in a range of around 53 points - it touched a high of 3398.35 and a low 3351.50 today, before settling at 3364.60, down 1.40 points from yesterday's closing mark. Metal and consumer durables stocks were in demand today. The BSE Metal and Consumer Durables indices surged 1.47% and 2.5% today. Bank closed weak at the end. IT, oil, auto, capital goods, healthcare and FMCG stocks finished on a sluggish note despite enjoying a smart rally in intra-day trades. The focus was mainly on the small and mid-cap counters after a popular financial daily pointed out that large caps looks slightly overvaled among the emerging markets, with the Sensex now quoting around 17 times the expected FY07 earnings. It is worth noting that Dow Jones Industrial average, the index of large cap companies in the US is quoting at around 15 times on forward earnings estimates. Germany's DAX is around 13 times forwards earning. The market breadth, which remained quite positive till around mid afternoon, turned neutral towards the end. When the market closed today, out of 2598 stocks traded on BSE, 1274 stocks had slipped into the red. 1250 stocks finished on a winning note and 74 stocks settled unchanged from their previous closing levels. The real estate stocks will be in the limelight in the days to come as the land is scarce and the government is coming up with more and more SEZ's as mentioned in my earlier posts. Recently, the board of approval of SEZ approved 45 more SEZ initiatives, taking the total number of approvals to 150. Another 100 proposals are pending and 80 have been deferred. Real estate pandits claim that land prices will shoot to astronomical proportions if the government succeeds in raising the current bar of 150 SEZs. The government has already indicated that it may allow more SEZs to come in view of the enthusiastic response from manufacturing and services companies. Advantages: Though the government will be losing huge sums of money in the form of tax, but each SEZ's will be able to generate employment at the rate of 5, 000 people per 100 acres. Cochin SEZ is already functional on a 103-acres plot and they have 7, 000 functional employees. Note: Since I have removed google ads from this page due to their low productivity, google is creating problem for opening this site properly. If u cannot open in a normal way please use the diverted way using this URL--> www.pkblogs.com/sumanspeaks. Best wishes, Suman Mukherjee India. http://finance.groups.yahoo.com/group/SumanSpeaks/ http://stockstorm.wordpress.com/