WINNING STROKES: THINK DIFFERENT:

Northgate Technologies Ltd hit another buyer freeze with good volume. I have been continuously recommending the scrip in this  blog.

Even today, Sanguine Media Services Ltd even today did not break Rs.3, which is a very good sign and indicates the strength of the share. The shares of the company should be accumulated for some sure shot gains in the next 6 to 9 months time frame as Q3FY10 and Q4FY10, results are expected to be excellent.

Phoenix International Ltd hit another buyer freeze today as the company focussed into new business. The company is into leather business.

Energy Developments Company Ltd moved up by 4.81% even as the markets tanked by more than 344 points. Today a note was sent in the Face Book: The Karnataka Electricity Regulatory Commission (KERC) on Wednesday increased the power tariff by an average of 34.16 p a unit, which roughly works out to a hike of 7.5 per cent as against the 51 p increase sought by the electricity supply companies (Escoms). The new tari.ff will come into effect on December 1, 2009. The transmission tariff has also been increased from 19.42% to 26.67%. This is definitely a good news for the Power Production companies or the company which are into distribution of power. Energy Development Company Ltd, has some projects in Karnataka which includes the 1.5 MW Wind Power Plant at Hassan in Hassan District of Karanataka.

 Koutons to consolidate business, expects increase in rev

Retail firm Koutons India today said it is planning to consolidate its businesses by amalgamating various chains under the format-- Koutons family stores.

The company is also expecting to increase its revenue by 32-35 per cent this fiscal. "Our focus is to consolidate and expand to make available all our products under one single roof as a part of this we will be upgrading our exclusive mens stores into 'Koutons family stores' which will provide our entire range," Koutons Retail President Balvinder Singh Ahluwalia told PTI on the sidelines of Franchise India Summit 2009 here.

 He said the company will upgrade 100 Koutons men outlets into family stores by end of this fiscal.

 Besides, the company is also expanding its retail chain to 1,500 outlets by March 2010.

 "We will be opening 100 more stores this fiscal to take our retail chains strength to 1,500 stores from the existing 1,400 outlets," he added.

Asked about the companies likely turnover this fiscal he said "last year we had a turnover of Rs 1,000 crore and this year we are looking to grow by 30-35 per cent."

He further said the company would focus on its recently launched 'k2one' range of casual denim wear as part of its growth strategy.

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