WINNING STROKES: THINK DIFFERENT:
Info-Drive Software Ltd hit the buyer freeze before cooling down a bit. The company came out with good results for the last quarter.
The Sun Television network said net profit rose by 29.8 per cent to Rs 567.38 crore for the financial year ended March 31, 2010, in comparison to the previous year. For the year ended March 31, 2009, the company reported a PAT of Rs 437.11 crore, Sun TV Network said in a filing to the Bombay Stock Exchange. Total income for the year ended March 31, 2010, grew by 31.70 per cent to Rs 1,437.52 crore in comparison to Rs 1,091.52 crore in the previous year. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for FY'10 grew by 43.93 per cent to Rs 1,110.55 crore from Rs 771.59 crore in the previous year. THIS ASSUMES SIGNIFICANCE BECAUSE SANGUINE MEDIA SERVICES LTD IS DOING PROJECTS FOR SUN TV NETWORK LTD.
The board of directors have declared a final dividend, including an interim dividend, of 150 per cent, which amounts to Rs 7.50 per equity share of Rs 5 face value, for the fiscal ended March 31, 2010.
The Sun Television network said net profit rose by 29.8 per cent to Rs 567.38 crore for the financial year ended March 31, 2010, in comparison to the previous year. For the year ended March 31, 2009, the company reported a PAT of Rs 437.11 crore, Sun TV Network said in a filing to the Bombay Stock Exchange. Total income for the year ended March 31, 2010, grew by 31.70 per cent to Rs 1,437.52 crore in comparison to Rs 1,091.52 crore in the previous year. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for FY'10 grew by 43.93 per cent to Rs 1,110.55 crore from Rs 771.59 crore in the previous year. THIS ASSUMES SIGNIFICANCE BECAUSE SANGUINE MEDIA SERVICES LTD IS DOING PROJECTS FOR SUN TV NETWORK LTD.
The board of directors have declared a final dividend, including an interim dividend, of 150 per cent, which amounts to Rs 7.50 per equity share of Rs 5 face value, for the fiscal ended March 31, 2010.
Refex Refrigerants Ltd touched Rs.27.25 before setting down a bit low. Though company's Q4FY10, results were not upto the market but FY10, results were according to the expectations, as the company managed to pull some profits instead of loss. The scrip should be accumulated on all declines, as the season of the company has already started with the advent of summer.
Vindhya Telelinks Ltd recommended to the Paid Clients around Rs.220 touched Rs.260, before cooling down at Rs.240.
My recommended Tantia Constructions Ltd touched Rs.101.10 before cooling down a bit. The stock should touch the short term target of Rs.118-119.
It seems bad days are over for Northgate Technologies Ltd as the company has started to update regularly its flagship web-site: www.bharatstudent.com.
Manjushree Technopack Ltd recommended to the Paid Clients and in this blog, touched its short term target, after which a mild profit booking pushed the scrip low.
Manjushree Technopack Ltd recommended to the Paid Clients and in this blog, touched its short term target, after which a mild profit booking pushed the scrip low.
Also I do not know why investors are selling the shares of Pyramid Saimira Theatres Ltd (PSTL) like mad fellows when till date Bombay Stock Exchange (BSE) has NOT given any notice regarding suspension of trading of the shares of the company. There are shares of many companies which trades on BSE but does not trade on NSE. The present price of Rs.9.81 does not in any way represent the intrinsic value of the company, taking into consideration the bonus shares of its group company.
The market have made a short term temporary bottom at 4800 on Nifty, which needs to be re-tested. Nifty today crossed another milestone and is now heading towards 5150 from where the major crash happened. Investors are suggested not to go for short positions.
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