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WINNING STROKES: THINK DIFFERENT Jai Balaji Industries Ltd has been moving up since my write-up was put in SumanSpeaksPlus. The company has  a number of mines and the current price, does not reflect the true value of the scrip. Today the scrip hit the buyer freeze at Rs.26.95. Gitanjali Gems Ltd recommended in this blog, only a couple of days back today touched Rs.93.10, before closing at Rs.92.10. The scrip would be moving towards Rs.110-112, in the coming days, and hence have this scrip in your portfolio .  IVRCL Ltd recommended last week in this blog hit the buyer freeaze at Rs.26.55. The company will be one of the major beneficiaries of the government of India's largesse. The scrip would be slowly moving towards Rs.31-32, in the coming days. PVP Ventures Ltd today touched Rs.9.75, intra-day, before closing at Rs.9.29. The stock might be slowly moving towards Rs.10-11, in the coming days. However, this is a very volatile counter and hence investors must be very...

Government to start consultations afresh on raising gas prices After putting off implementation of a contentious gas pricing formula, the new government will start consultations afresh with all stakeholders to arrive at an acceptable increase in natural gas rates. Sunday, 29 June 2014: The Cabinet Committee on Economic Affairs had on June 25 deferred a decision on raising gas prices based on a formula approved by the previous UPA government by three months to hold consultations with all stakeholders keeping public interest in mind, government officials and industry sources said. "The key word in the Cabinet decision was public interest. Public interest in this case can be defined as ensuring that the increase in gas price is affordable," an official said. The formula approved by the previous government would have led to prices of gas, which is used mainly for power and fertiliser production, more than doubling to around USD 8.8 per million British thermal unit. Ever...

NHAI concession may help Reliance Infra, others disentangle Rs.4,500-cr debt [ Editor : The article misses an important name in the road-project space, IVRCL Ltd (Rs.25.30); whose finances worsened because of too much focus on the BOT projects. IVRCL Ltd will also be a major beneficiary of such largesse from the government of India, though the according to the sources, it has now decided to incline more toward the EPC projects] New Delhi | June 27, 2014: The National Highways Authority of India (NHAI) last month’s move to reschedule the premium that developers of road proje cts have to pay to the government for securing the right to build and operate them will facilitate faster completion of the beleaguered projects and help companies service the debt associated with them. Companies like IRB Infrastructure, Sadbhav Engineering and Reliance Infrastructure (R-Infra) that will benefit from this move have a total debt obligation of Rs 4,500 crore associated with the road project...

Budget 2014: Government to create investment vehicle to boost infrastructure sector [ Editor : This is another sector which is looking good before the budget, and it is expected that the government of India, would come up with some solid measures, to revamp this sector; which has been reeling under several problems. Therefore, one of the best options, for investors at this stage, is to buy a momentum counter (there are so many of them) in this space and keep holding till the budget day. One scrip which I again recommend, from construction space is Marg Ltd (Rs.18.40) which has a book value of Rs.111.71, the Open Offer price of Rs.91 and Market Cap of only Rs.70.14 Crore. Do you think a company of the size of Marg Ltd can have a market cap of only Rs.70.14 crore when HCC Ltd has a market cap of Rs.2,873.93 Cr, Punj Lloyd Ltd has a market cap of Rs.1,693.69 Cr, while IRB Infrastructure Ltd has a market cap of Rs.7,458.25 Cr?] NEW DELHI, Jun 25, 2014:  The government is look...

Govt hints at cut in gold import duty; May exports up 12.4% [ Editor : The commerce secretary Rajeev Kher says: “There is a clear perception that there could be something that could have to be done. It will happen in the Budget if it has to happen". So, it is only time that the government will rationalize the duties of gold, to lift this beaten down sector.  Therefore, the best option for the investors at the present moment is to buy a share in this space, which looks good and keep holding, till the date of the budget; for sure shot returns]   Mr. Rajeev Kher, Commerce Secretary, GOI Apr 04, 2014, FICCI, New Delhi June 11, 2014: In the clearest indication ever that the plans were afoot to cut taxes on gold, the government on Wednesday said that there was a need to ease norms for bullion imports to boost supplies and jewellery exports. “There is a need of rationalisation in (gold import) duty and (gold import) procedure....We have already made it clear that there is ...

MARG Karaikal Port [ Editor : IL&FS, an infrastructure development company, is setting up a thermal power project near Karaikal Port. The company has agreed to use the port for bringing coal for the power project. The port, which belongs to Marg Ltd, could handle 5 million tonnes of coal in the coming years to feed the first two 600-megawatt (MW) units of the IL&FS subsidiary. This could mean revenues of about Rs.200 crore for Karaikal Port] MARG Karaikal Port Karaikal Port Private Ltd (KPPL) is a subsidiary of MARG Ltd , a leading infrastructure and real estate developer along the Chennai IT corridor. • MARG Karaikal Port is envisaged to have a total of 9 berths capable of handling 47 MMTPA by 2018. • The port is envisioned to be developed in 3 phases with the final phase getting operational in 2017. Phase - I of development, which was completed in April 2009, comprises two Panamax size general cargo berths. • The Port hosts various other infrastructure facilities...

Buy Gitanjali Gems; target of Rs 145: Way2Wealth CMP: Rs.90.85 Way2Wealth is bullish on Gitanjali Gems and has recommended buy rating on the stock with a target of Rs . 145 in its June 10, 2014 research report. Moreover, in May, 2014,  Gitanjali Gems Ltd invested USD 15.5 million in overseas operations.  Also, MV SCIF Mauritius, part of US-based asset management company Van Eck Associates Corporation, on 20th June, 2014 picked up 4.97 lakh shares of Gitanjali Gems Ltd, through open market route. Van Eck Global offers investment choices in a broad range of asset classes, including commodities and natural resource equities, emerging market equities and debt.  Besides, though monsoon season is considered lean period for gold demand due to lack of festivals and weddings, Gitanjali Gems Ltd, Rajesh Exports Ltd and Kalyan Jewellers Ltd are promising everything from discounts to an opportunity to dine with Bollywood celebrities, to ramp up sales. " Gitan...

Govt may cut taxes on gold shipments, lift import curbs [ Editor : Therefore buy the stocks in the Jewelry Space and Keep holding till the BBdget day. I am sure you would get guaranteed returns. If you have not done today, then try on Monday. In this trend-less market, the best sectors seem to be Gems and Jewelry, Shipping, Oil and Gas and Construction] New Delhi, June 22, 2014: The government is firming up plans to cut taxes on gold and ease bullion import rules, in a move that could signal a staggered roll-back of measures announced last year to contain a surge of dollar outflows. Finance minister Arun Jaitley will likely announce the measures in the NDA government’s first budget in July, sources indicated, adding, the rise in global crude oil prices following the unrest in Iraq is unlikely to stall the move to cut taxes on gold shipments. “There have been discussions on this (Iraq) but it is being overplayed and the current account deficit (CAD) will be...

Bommarillu Bhaskar Making Comeback With Bangalore Days Remake? [ Editor : PVP Group (of Prasad Vara Potluri)  ventured into the Indian Media & Entertainment Industry via “Picturehouse Media Ltd” (PHML).  Picturehouse Media Ltd  is India's largest organized media capital house, supporting the Financing needs of the Indian Entertainment Industry. PHML recent foray into main stream film production under the banner of PVP Cinema is one of the largest production houses in the country.  PVP Cinema has recently acquired the remake rights of a Malayalam Blockbuster 'Bangalore Days' and it will be made simultaneously in Telugu and Telugu. ] 27 June 2014: Director Bommarillu Bhaskar had gone missing from the news after his last directorial venture Ongole Githa bombed at the Box Office. When everyone was wondering over his whereabouts, the director is back in news. The buzz in the film nagar is that he is all set to make his comeback with fifth ventu...

Sterling Bio Tech Ltd: Steady  Upmove seen on the Chart CMP: Rs.17.06; BSE Code: 512299 After a long time this market  is favouring the BULLS or in other words there is a trend in the market. However, if there is too much selling (which is not expected though but still as a hypothesis) then money can also be made by reverse trade (selling instead of buying in the F&O Market).  Therefore, those who want to cover their losses and come out with profits, can join my group. You need to do few correct trades, to emerge victorious at the end of the day. The time is running out and this is the best time to look for a target of Rs.50 lakhs on an investment of Rs.5 lakhs, in the next  5 years. Even if half of that target is reached, then also it would be superb.  Why I am telling : Look at the shares of Simplex Projects Ltd (BSE Code: 532877). The price of the shares were Rs.7.21 in 10th October, 2013. Now, in less than one year, the shares have give mo...

IVRCL Ltd: Buy in Bulk CMP: Rs.25.15 Two Prime Triggers : (i) Rights Issue probably at a price which could be higher than the current market price of Rs.25.15. The Book Value of the shares of the company is Rs.47.33, which is almost double the current market price.  (ii) The implementation of the CDR Package, apart from the government help. Once the company starts to get financial assistance, in terms of working capital needs, its order book of around Rs.20, 000 Cr, would get slowly implemented. There are other positives, also which I cannot disclose at the current moment. 

Modi government moves to ease business rules, weed out archaic laws TNN | Jun 25, 2014: NEW DELHI: With a view to revive investor sentiment, Union law ministry has written to the Law Commission asking it to suggest ways to ensure that business disputes are treated as such and not as criminal ones, as well as to examine whether companies can be given clearances on the basis of "self-certification".  In a letter to the Law Commission a day after Prime Minister Narendra Modi held a review of his ministry, law minister Ravishankar Prasad has highlighted what he termed the trend of commercial disputes being camouflaged as criminal disputes and being taken to magistrates with the risk of penal consequences coming in play. "While crimes ought to be prosecuted, we cannot allow a situation where business rivalries are sought to be settled by passing them off as crimes," said a source in the law ministry to explain the context of Prasad's letter to Justice (retd...

Modi govt brings most confident nation status to India: Report June 25, 2014: Formation of "business-friendly" government led by Narendra Modi has made India the most optimistic country economically, looking ahead six months, says a report. As many as 60 per cent Indians surveyed have predicted that domestic economy would be stronger in the next six months, placing it at the top of the 25 nation-list compiled by global research firm Ipsos. Besides, India's economic confidence shot up by 6 points to 66 per cent in May compared to the previous month, making it the fourth most economically confident country after Saudi Arabia, Germany and China. Saudi Arabia led on the parameter with 87 per cent of its people surveyed being optimistic about their economy. Canada was behind India at the fifth place with 65 per cent economically confident citizens. "India's economic confidence has got a major boost primarily due to a landslide victory of the ...

WINNING STROKES: THINK DIFFERENT [ Editor : Unless this animal named T-Group is abolished the Indian Stock Markets would not be same as it used to be, a decade back. Keeping the shares languishing in the T-group for weeks, without any apparent reason, has not oly generated a new form of SCAM, but have also destroyed the whole market breadth. This also probably done, so that money flows only into large (select mid and small cap) counters and the indices rises, giving a feel good factor--but the whole approach is of deception and is wrong. Moreover, it is to be noted that Speculation is a part of any Share Market, therefore, though there is a need to regulate it, but why should the investors/ trader be asked to compulsorily to take delivery of shares. Zabaardasti!! This is then called Rape of the Investors, by the Regulators. Such "Rapes" should be stopped immediately, to revive the small and mid cap space. Though the Indian Stock Indices are near all time high, due to our ...

Yashovardhan Birla  Educational Qualification: M.Com, LLB Chairman and Member of Remuneration Committee,  Zenith Birla (India) Ltd Avanti & Yash Birla Photo : Santabanta.com Mr. Yashovardhan Birla, also known as Yash, is a Promoter of Shearson Investment & Trading Company Pvt Ltd. Mr. Birla has played a key role in the development and up building of the diversified Yash Birla Group of Companies for well over 16 years.  He serves as the Chairman of Zenith Birla (India) Ltd., Birla Shloka Edutech Ltd., Birla Machining & Toolings Limited (also known as Dagger-Forst Tools Ltd) and Birla Precision Technologies Ltd.  He serves as the Chairman of The Yash Birla Group of Birla Kerala Vaidyashala Private Limited and Lakshmi Properties Limited. He serves as the Chairman of the Board at Birla Research and Lifesciences Limited. He served as the Chairman of Melstar Information Technologies Ltd. from April 22, 2009 to November 7, 2012. ...

MT Educare Ltd : Should be bought around the supports CMP: Rs.110 Established in 1988, MT Educare is one of the leading education support and coaching services provider in School, Science and Commerce streams across Maharashtra and has operations in other states like Tamil Nadu, Karnataka, Punjab, Haryana and Gujarat. MT Educare also offers specialized coaching for national level examinations like the JEE Advanced and Mains for engineering, NEET for medical, CPT/IPCC/CA Final for commerce, and CAT/CMAT for MBA aspirants. MT Educare has over 220 coaching centres spread across 135+ locations in these states, with a faculty strength of over 1,000 well trained teachers. At MT Educare, technology enabled learning models and advanced teaching methodologies have replaced the conventional chalk and talk model of teaching students.  The scrip could be bought around the support region of Rs.107-108, for a target of Rs.121-122. 

MT Educare enters into long term partnership arrangement with Sri Gayatri Educational Society [ Edior : Buy Birla Shloka Edutech Ltd at Rs.5-5.25 for a target over Rs.10. Kumar Mangalam Birla is slowly entering B K Birla Group of companies. There are chances that he might to take active interest in Yash Birla Group too, after his much talked about funding] MT Educare Limited (MTEL) through its subsidiary, has entered into a long term partnership arrangement with Sri Gayatri Educational Society (Sri Gayatri). Under this arrangement, MTEL will provide to Sri Gayatri, its expertise in teacher training, study material, technology aided teaching methods and in development of digital content on the lines of "Robomate". While commenting on the arrangement, Mr. Mahesh Shetty, Chairman and Managing Director of MTEL said, "We are happy to announce this partnership with Sri Gayatri. Together we jointly plan to tap the growing potential in the Engineering and Medical asp...

Court lifts freeze on Yash Birla accounts [ Editor : Today, since the opening, most of the Education Related Scrips area doing well: Educomp Education Ltd (Rs.5.45) is on the Upper Circuits at Rs.40.25, Everonn Education Ltd (Rs.56.15) is up 3.49%, Zee Learning is up 1.1%, MT Edcuare Ltd (Rs.110.90) is up 1.74%, Core Education Ltd (17.50) up more than 2%,  and TREE HOUSE EDUCATION & ACCESSORIES LTD (Rs.324) is up 1.92%. Now keep an eye on this Yash Birla Group company, Birla Shloka Edutech Ltd (Rs.5.25) ]  Jun 5, 2014:  MPID special court approves plan to repay interest and principal amounts of fixed-deposit investors of Birla Power Solutions Ltd. AMPID special court on Monday approved a repayment plan submitted by the Yash Birla Group for investors of Birla Power Solutions Limited, and directed the Economic Offences Wing of the Mumbai police to defreeze the company's bank accounts.  The order came in response to a petition filed by Yash Birla Gro...

Budget 2014: Manufacturing to get truckload of sops from Narendra Modi  Do, you understand now why Jai Balaji Industries Ltd (Rs.23.80) was suddenly recommended yesterday? NEW DELHI, 23 Jun, 2014: The Narendra Modi government is likely to unveil a range of measures in its first budget, expected to be announced next month, to revive manufacturing and create more jobs as it looks to put the economy back on the high-growth track. These steps could include an amendment giving relief to automakers, consumer durables firms and others from the controversial Fiat judgement, creating large regional manufacturing zones and correcting anomalies in the import duty structure. The Fiat verdict meant that manufacturers offering discounts to encourage sales still had to pay excise to the full extent of the price. "We have to look at manufacturing if we have to create jobs and boost growth," said a government official. "The idea is to create the right environment that facil...

Prime Minister Narendra Modi meets Oil Minister DharmendraPradhan, Arun Jaitley over natural gas prices Photo : Aaj Tak [ Editor : If the gas price is raised to $8.4 per million British thermal unit, then there could be a sustained rally at least in the shares of three companies, ONGC Ltd (Rs.417.70), Reliance Industries Ltd (Rs.1037.85), and Shiv-Vani Oil and Gas Exploration Ltd (Rs.20.60).  A nearly two-fold hike in natural gas prices will incentivise investment in the hydrocarbon sector and help reduce the energy import bill, India Inc said, earlier. This event might  re-rate the entire gas sector. The gas price was arrived through a formula and the NDA government should not take much time to announce the revised rates. However, there are some speculations that this move could perk up the  government's subsidy bill by Rs.11,000 crore per annum if urea prices are not raised in proportionate to gas rates. Therefore, Agri-commodity related stocks could take a hit ...