WINNING STROKES: THINK DIFFERENT: [Let us Vote for a Change] Areva T&D Ltd moved to Rs.205.95 on the news that it will inaugurate eight new factories at three sites this week. The company plans to double sales by next year. The stock was recommended at Rs.182--Rs.184 range a couple of weeks back. ICSA Ltd recommended at Rs.54 and Rs.92 (after which it moved to Rs.97), moved up to 92.80, before cooling down a bit. The stock I am told is now being recommended by a brokerage house . Opto Circuits Ltd recommended yesterday moved to Rs.105.55 before cooling down a bit. What is the news on the counter?? U B Eningeering Ltd recommended at Rs.35 and Rs.34, hit the buyer freeze with good volume. The company came out with robust set of numbers for Q3FY09 and for Q4FY09, the company will come out with very good results. Even at this downturn the company has an order book of more than Rs.605 Cr. Bartronic Ltd recommended in last Sunday report at Rs.72--Rs.73, moved to Rs.77.90 today. Soon a re...
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WINNING STROKES: THINK DIFFERENT: [Updated at 11.25 pm] ICICI Bank tanks to some dismal level after a sell was given in the morning mail to the Paiod Groups. The following message was sent to the Paid Groups in the morning: ICICI Bank could be shorted and money should be invested in the Sugar and Fertilizer companies. Intra -day Call for today (given before the markets opened): 1. Buy Opto Circuits at Rs.81--Rs.83, T--Rs.85--88, SL --Rs.79 2. Sell Mundra Port at Rs.310-314, T--Rs.306--302, SL --Rs.317 3. Sell Sterling Bio at Rs.143--147, T--Rs.140--138, SL --Rs.150. Moreover: Quickie (Very short term calls) calls for this week : Praj Industries Ltd/ IFB Agro Industries Ltd. (Yes you have guessed it correct) Sunday Report Call for this week : Bar tronics Ltd (Yes some of you have guessed it correct). Both the calls are shooting up............. Now try to guess what was the Future and Options (F & O) Call sent to the Paid Groups in the morning......It is a Reliance Group company ...
Reliance Industries Ltd is ready for KG gas output: Supply From Deep-Sea Block To Begin As Early As Today Did you now understand why I recommended Reliance Industries Ltd at Rs.1150, when most of the fund houses are asking to sell the scrip RELIANCE Industries Ltd (RIL), India’s largest private sector company by market capitalisation, will begin gas production from the Krishna Godavari basin in the next 24-48 hours. The production of gas from Dhirubhai 6 (D6) block of the KG basin will open up a potentially vast new revenue stream for the oilto-yarn conglomerate and is estimated to add close to $2 billion to RIL’s bottomline at peak production level, said a person close to the development, who did not wish to be named. RIL, which has recently commissioned a new 29-million tonnes refinery in Jamnagar, is now set to monetise two of its biggest investments in recent years. Unlike the refinery project, which may not send cash registers ringing in the immediate future, given the contracti...
PM sees scope for interest rate moderation Prime Minister Manmohan Singh said he has requested the central bank to look into high interest rates New Delhi: Prime Minister Manmohan Singh said on Saturday plenty of liquidity and low inflation gave room for further interest rate cuts. Speaking to top Indian businessmen, Singh also said there were encouraging signs in some sectors of the economy. “With ample liquidity and low inflation, there is scope perhaps for a further moderation in interest rates,” Singh said. “While public sector banks have reduced the prime lending rates in the last three months between 150 and 200 basis points, other scheduled commercial banks are yet to respond in equal measure,” he said. Since October, the Reserve Bank of India (RBI) has cut its key lending rate by 400 basis points. The government has cut factory gate duties and service tax rates to protect growth and jobs. But commercial banks have been reluctant to lend due to increased risk aversion. Asia’s th...
Markets heading for smart recovery? Srikala Bhashyam A week is a long period for stock markets these days. It can change the mood, index levels and even make investors look at equity all over again. That's been the trend in the domestic stock markets in the last few days as they have been rallying smartly amid bear market conditions. Many have been wondering what led to the sudden change in mood among investors at a time when there are specific concerns such as elections and annual results from the corporate sector staring at us. To a great extent, the rally has been triggered by improved liquidity from the institutional front, led by both foreign institutional and domestic institutional investors. The volumes have been on the rise even in the cash segment as indicated by many broking houses. Not surprisingly , investors are back to 'buy' recommendations from many analysts though technical analysts have been still harping on the fact that the index in the range of 6,500 is...
XL Telecom & Energy Ltd. BSE Code: 532788 CMP:Rs.29.35 By Saarthi XL Telecom & Energy Ltd. (XL) was incorporated as a private limited company in 1985 to manufacture and deal in cable splices, protection equipment and allied accessories used in electronic telephone exchanges and other establishments. In 1990, it converted into a public limited company and gradually emerged as one of the fastest growing telecom equipment manufacturers. In 1994, it ventured into solar energy sector albeit on a small scale and is a pioneer of solar modules having rich experience of 15 years. To cash in on the huge opportunity, it has aggressively moved into the non-conventional energy business especially the solar photovoltaic segment. As a result, the energy segment, which contributed to 55% of total sales last year, now contributes almost 90% of total revenue. Apart from solar energy, the company also has interest in ethanol production. Broadly, the company has divided its revenue model into two ...
Shree Mehdi Hasan & the Politics of a Bounced Cheque Indian Government should help this renowned Gazal Singer in times of crisis (like it did in case of Pt. Bismillah Khan), who once enthralled the Indian Audiences with famous songs like, Ranjish he sahi , Rafta Rafta Woh Meri , GULON MEIN RANG BHAREY , etc. A few weeks back the much acclaimed ghazal singer Mehdi Hasan fell critically ill and was admitted to Agha Khan Hospital for extens ive treatment. Many people shared their passion for this gazal maestro to an extent that a few government dignitaries offered financial assistance to the ailing singer. It is being reported that the President Asif Zardari and the chief minister of Sindh have provided Rs1 million and Rs.250,000, respectively, for the treatment, while a cheque for Rs.500,000 that was received from the Punjab government after the then chief minister Shahbaz Sharif visited Mr. Hasan at the hospital could not be cashed due to the imposition of the governor’s rule in the...
Shame upon Indian Media: It is to better switch off Television sets rather watch their silly shows. I was shocked to see the events on TV yesterday as it unfolded: Indian media yesterday made mockery of democracy, as it gave one sided coverage of Varun Gandhi episode. I have been speaking of this trial by the media, since a long and yesterday's events reminded of that......The shameless hands of the media were again seen when the mother of Varun Gandhi, Ms. Maneka Gandhi pointed her finger at a police officer who happened to bear a Muslim name. How can media communalize the event? If the police officer has acted in haste without provocation, he should be punished and we do not want to know whether he is a Hindu or a Muslim nor do media has to make us remember what his religious identity is. This is atrocious communalism ---as if we cannot point our fingers at a person who happen to have a Muslim name. What the hell has gone wrong with these media dacoits . If 40 persons say th...
WINNING STROKES: THINK DIFFERENT: Marathon Nextgen Realty Ltd hit 4.99% buyer freeze with very little volume showing that investors are not ready to sell the scrip. Pyramid Saimira Theatres Ltd hit the buyer freeze in late. The worst for the company is seems to be over with the Honourable High Court coming to its rescue. The company would also benefit from the new accounting norms. Reliance Industrial Infrastructure Ltd mentioned yesterday in this blog, to be accumulated moved up by 8% today, before cooling down a bit. The stock is going to be a multi-bagger going forward due to its proximity to the Reliance Industries Ltd. The company gets most of its contracts from Reliance Industries Ltd. Most of the fertilizer stocks moved up yesterday on postive news emerging from the sector. The following news was sent to the Paid Groups: "Fertilizer stocks to remain up today (I think u remember my old favourites, Nagarjuna Fertilzer, Chamabal, Deepak, Godawari, Fertilizers & Chemical...