Today' calls:

Buy:

1.Paramount Communications Ltd at Rs.192, with a stop loss at Rs.187. It has a strong support at Rs.182. It is one of the cheapest stock in the Cable space. It makes optical fibres, Foam/Skin/Solid P E insulated multipair jelly filled cables, Aerial Cables, Telecom installation cables, Drop wires, Railway signalling cables, Rail axle counter cables, etc. The company has two plants in Rajasthan. The cables are uses in telecom, Space research, Thermal Power, Nuclear Power (remember the nuclear Co-operation between India and the US), Petrochemical, Fertilizers, Steel, Electronics etc. First Target Rs.300......More in the following postings...this is a great stock and should cross Rs.200 today.

2. Buy Gujarat Hotels Ltd at Rs.54, with a price target already mentioned earlier. The noted company ITC Ltd is one of the promoters of the company and one could understand that it is highly undervalued at this price compared to its peers.

3. Buy Haldyn Glass at Rs.43.5, with a Price and Target already mentioned earlier. The company has a very strong order book position and is expected to get an order from an MNC.

4. BSEL Infrastructure Realty Ltd at Rs.51 with a Price target of Rs.110.

The company has completed 4 projects and not one as mentioned by Mr.Tulsiyan in the CNBC. Also the Company has more than Rs.500 Cr of land bank at hand. It has great story to be scripted ahead. Look for my Comments on BSEL Infrastructure Realty Ltd on www.moneycontrol.com against Mr.Tulsiyan's views [but like previous occassions they have still not uploaded my views to save the face of Mr.Tulsiyan]. What I have understood from the conversation of Mr.Tulsiyan, with CNBC, that he knows very little about this company and is shooting in the dark. It is worth noting that, I have first recommended this company at Rs.17 in 2004, when everyone was taken by surprise. But then it went on to cross Rs.100. Its Dubai Foray will earn them huge dividends in future. The company is doing excellenty well after shifting bag and baggage from the Infotech Space after the dot com bust.

Note: Ealier in the same way the market negated the valuation story of Mr.Tulsiyan, on RNRL some months back. The RNRL scrip raced ahead to cross Rs.35 in less than one month after Mr.Tulsiyan said it is fairly valued. Mr.Tulsiyan should understand that market most of the time goes by sentiment(specially during the bull phase) and often fundamentals of companies take a back seat. But in BSEL Infrastructure is a much better company than RNRL at present.

5. Buy Chandra Prabhu International Ltd on all dips, I might come up with a report on the company soon if everything goes according to plan.

6. Coral Finance and Housing Ltd, has surrendered the NBFC license but still in the BSE site (www.bseindia.com)it is erronously referrered to as NBFC. It is into construction space with lot of projects are going on in and around Bombay and has an Ayurvedic Hospital in Nasik. Its last quarter results was disappointing. The most important feature in this company is that it is a par to the Coral Laboratories group.

Sell:

1.Tilaknagar Industries at Rs.54.

2. BRFL at Rs.173

Hold:

1. Hold Hazoor Media and Power Ltd

2. Soma Textiles and Industries Ltd

I could not post my views Yesterday and today in the morning because of Internet Failure. But I can now say that with Oil price receding, the SENSEX and the NIFTY can only more in one direction..UP ...UP....UP. PLAY ON THE MID AND SMALL CAP SECTORS MAINLY AS THIS SPACE IS STILL UNDERVALUED.

More in the following postings.....

Best wishes,

Suman Mukherjee

India.

www.bcozindia.com