Important Announcements:

A big news on Land Deal might come out on DCM Shriram Consolidated Ltd either on Wednesday or on Thursday FROM THE COMPANY ITSELF. The news is already out in Times of India, it is going to sells 37 acres of land at an astounding sum of Rs.1600-Rs.1800 Cr. The source is from Bombay and is very strong, so hold the stock for the time being keeping a SL of Rs.89. The stock according to my assesement should not go down, as the land deal is rumoured to be 50% complete, though the company has said on Camera that it is thinking of developing the land on its own.

Stovec Industries Ltd is showing good movements and on Friday it closed with 3.4 % gain after reaching Rs.124. The company has streamlined its opeartion by selling P S Plates manufacturing activity. It is to be noted that P S Plates manufacturing activity was set up with the Polychrome Technology, the agreement for which having been expired, the technology up gradation has not taken place for last few years. The Company had been looking out for selling of its assets relating to offset printing Plates and related chemicals for a long time and the deal finally came through. Its nearest competitor Lakshmi Machine Works Ltd is now trading at Rs.33582.55 which is beyond the reach of common investors. Besides Stovec Industries Ltd has a foreign promoter and we know such companies has huge valuation ahead of the valuations of the companies in the same field having local promoters. The promoter's holding is also less in Lakshmi Machine Works Ltd. (25.27%) where as in Stovec Industries Ltd the promoters' have increased their holdings to 62% from 58%. Foreign Promoter's Stork Prints, B V. (Netherlands). holds a substantially higher and is more than the psychological level of 50%, which implies that the foreign promoters have a good say in the company and will bring in more technology upgradation schemes for the improvement of the bottomline. Hence the obvious choice of this company over its peers. Moreover itcame out with wonderful set of numbers in teh September, 2006 quarter.The company has declared a dividend of Rs 2.5 per share on the 31st March, 2006. I am looking for a target of over Rs.200 in 8 to 18 months time.

Look out for the tomorrow's most important of AGMs of Chandra Prabhu International Ltd. & Coral Finance & Housing Ltd[ Report on www.eindiabrokers.com]. The former should benefit from the fall in Crude prices and also due to the Joint Venture with Australian Drilling and Exploration Company. The latter should benefit from the buoyancy in the Bourses, as very few people know that one of its main business is investing in the equity markets. The company is having a property worth Rs.180 Cr according to the prevalent valuations in Mumbai.

Samkrg Piston & Rings Ltd is consolidating between Rs.80 and Rs.95. Keep holding with a SL of Rs.79. The stock is expected to do well in the days come.

Dhoot Industrial Finance Ltd is also moving up with huge volume. This is a clone of much publicised company called Morgan Ventures.

Apcotex Industries Ltd is consolidating at around Rs.42 --Rs.45 range. Remain invested in this stock, as the compay sould benefit from the fall of Crude Prices,as its raw materials are crude derivatives.

Gravity (I) Ltd is doing well. Look at the huge trading volume everyday. Someone is accumulating the counter. The company will not make forays in Hotel, Real Estate, Home furnishing and Shopping mall business.

THE MARKETS AT LAST CROSSED 13, 000 MARK DEFIYING THE CALL OF ALL THE CYNICS.I HAD MAINTAINED THAT SENSEX WOULD CROSS 13, 000 WITHIN DECEMBER, 2006.