SUMANSPEAKS | ESTD 2006 | CAPITAL MARKETS INTELLIGENCE JUNE 2025 | MACROECONOMICS & GLOBAL FINANCE SumanSpeaks Independent Capital Markets Intelligence · Estd 2006 sumanspeaks.blogspot.com Macro Currents | Currency Architecture | Geopolitical Finance The Multipolar Currency Dream Meets Economic Reality Why the rupee's march to global trade currency status will be measured in decades, not headlines Much has been written about the emergence of a multipolar currency system and the gradual erosion of US dollar dominance. The narrative is undeniably seductive: greater monetary sovereignty, reduced exposure to American sanctions architecture, and a s...
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Winning Stokes: Think Different:
The Quickie Call, Helios & Matheson Information Technology Ltd hit the buyer freeze in the opening trade. A report on it will soon be placed on www.sumanspeaksplus.blogspot.com.
Ennore Coke Ltd hit the 5th consecutive buyer freezes. The Paid and Free members were asked to accumulate the scrip on all declines keeping a SL of Rs.22.
CHD Developers Ltd (BSE Code: 526917) should be accumulated a the CMP of Rs.4.8 for a target of Rs.12--14 in the next 6 months time frame. The company is into construction business. For more on the company please visit: http://www.chddevelopers.com/
XL Telecom and Energy Ltd hit the buyer freeze in the afternoon trade. The company is coming up with results at the end of this month. If the results are good (which is expected) the stock could shoot up.
Refex Refrigerants Ltd which is a joint venture between Kaltech Engineering and Singapore-based Refrigeration should be accumulated at the CMP of Rs.29.55 for a target of Rs.120--150. Buoyed by the increase in demand for refills from car air-conditioners, Refex Refrigerants has expanded its capacity from the 40 metric tonne a month to 250 metric tonne a month. Close to 70 per cent of the company's sales came from supplying directly to manufacturers of car, air conditioners and refrigerators. The growth from the automobile market is significant, especially because cars which are older than two or three years require refill of air-conditioners.
Refex Refrigerants Limited was incorporated on September 13, 2002 and is engaged in the business of refilling non ozone depleting refrigerant gases popularly known as ‘Hydro fluorocarbons’ or ‘HFCs’, which are used in air conditioners, refrigerators and refrigerating equipments. It markets refrigerant management solutions-based HFC in India and these HFC gases are imported from US, Germany, Japan and China. The company expects to set up an HFCs manufacturing plant in India by 2009.
The Company is engaged in the business of refilling HFC which, unlike other refrigerant gases, is an eco friendly gas that does not harm the Ozone Layer. Refex has reputed Corporates and MNCs like Hyundai Motors India Limited, Godrej and Boyce Manufacturing Co. Ltd., Blue Star Ltd. and Carrier Aircon Limited in its clientele list. The company has entered into a technical collaboration agreement with M/s Kaltech Engineering and Refrigerants Pte Ltd., Singapore (Kaltech). Kaltech shall provide technical backup to Refex on product quality, technical know-how for storage, transfer, filling, recondensing of refrigerant gases and maintenance of the cylinders.The stock is trading below its issue price of Rs.65 per share.
Ritesh Properties and Industries Ltd which was recommended in this blog hit its 5th consecutive buyer freeze. The stock is highly undervalued considering all the parameters affecting the company.
Sicagen India Ltd is coming up with results in next week. The company sells building materials (Cement, Steel, GI Sheets, etc). The strange part is that, while the cement shares sky-rocketed, this stock is languishing at around Rs.7-9.5 range. The book value of the shares of the company increased from Rs.89.5 to Rs.90. It is strange that even after such results BSE wants to keep this stock in the T-group. I do not know why there is something called T-group, where some stocks are placed whimsically. It seems these fellows in BSE/NSE needs to take lessons abroad to understand the functioning of the markets. Sometimes they change the circuit limits in the middle of the trade causing trouble to the day traders and sometimes they unnecessary put a stock in Trade-to-Trade segment due to some vested interest. Government needs to take strong action against the erring officials.
My recommended Entegra Ltd (Rs.24.20) and KEC International Ltd (at Rs.113--Rs.117) made 52-week high. When I recommended KEC International Ltd many were hesitant to buy my story.
Pyramid Saimira Theatres Ltd which is undertaking massive expansion plans hit the buyer freeze. I had earlier put an analysis of the company in this blog.
More coming ....please keep watch.....
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