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SumanSpeaks Capital Markets & Geopolitical Intelligence · Estd 2006 Governance · Regulatory Risk Reliance Power: When Legal Clouds Gather Over Market Euphoria ₹20,367 crore attached across the Reliance Anil Ambani Group. A ₹68.2 crore fake bank guarantee at the centre of it. A former CFO in custody for ten months and counting. And a stock that's still down more than half from its 52-week high even after a sharp rally. The market is pricing the turnaround. The Enforcement Directorate is pricing the history. Both can't be right forever. Reliance Power Ltd (₹24.07) has genuinely turned a corner operationally over the past two years — debt reduction, a growing renewable and BESS order pipeline, and periods of sharp investor re-rating. That part of the story is real and deserves credit. But sitting underneath that story is a live,...
WINNING STROKES: THINK DIFFERENT
Buy Jubilant Lifesciences Ltd at Rs.115.95
As expected Allied Digital Services Ltd  moved up today, before closing at Rs.13.33. The scrip hit an intra-day high of Rs.13.35. I had earlier given a target of Rs.17-18 for the scrip in the short term, as its Q4FY14 results are expected to be good. 
Entegra Ltd today touched Rs.4.05 before closing at Rs.3.99. I hope most of you have taken position in this fantastic company. 
P C Jeweler Ltd today touched the 6th target of Rs.102, before closing at Rs.99.25. If you remember, this scrip was strongly recommended at around Rs.72-73 some weeks back and has given fantastic returns over a period. The other two recommended counters, viz. Shree Ganesh Jewelry House (I) Ltd (Rs.27.60) and Gitanjali Gems Ltd (Rs.83.05) are also expected to give good returns going forward. Whether the government cuts the import duty or not, the gold companies who are export oriented would continue to do well in in the bourses. 
My recommended BHEL touched its first target of Rs.154, as it hit Rs.156.75, intra-day. The second target for the scrip is Rs.161. 

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