Sunday, May 06, 2018

Winning Strokes
Photo: Realty Plus Mag
Bhusan Steel Ltd recommended to the Premium Members on last Friday, hit the buyer freeze. After a long time, the steel sector is on the verge of a turnaround as the companies are making profit, due to the fall in the coking coal prices.According to Bhushan Steel’s website, the company is the third largest secondary steel producer in the country with an existing steel production capacity of 5.6 million tonne per annum. Bhushan Steel Ltd is one of the 12 non-performing accounts referred by the Reserve Bank of India to National Company Law Tribunal (NCLT). It owes Rs.44,478 crore to lenders. For targets and other finer details you need to join the Premium Service. What is the other Steel Stock that I recommended to the Premium Members?

What is the latest news on TV Vision Ltd (Rs.12.95)? Why is the stock hitting new lows everyday? What to do with the stock of its sister company: Sri Adhikari Brothers Television Network Ltd (Rs.14.50)? Will it go down also like TV Vision Ltd? For details join the Premium Service or trade through my recommended brokerage house. 

What is the latest on the stock Housing Development Infrastructure Ltd (HDIL)? Why it is not able to sell its land holding, inspite of being the highest land holder in the Mumbai Metropolis? Why did you bounce from the level of Rs.31?

RattanIndia Power Ltd moved up by 9.42% on last Friday and closed at Rs.5.11 on the news that Rajiv Rattan, who co-founded Indiabulls Group at the turn of the century before moving out three years ago, has partnered with a US-based private equity firm Lone Star Funds to jointly invest $400 million (Rs.2,600 crore) in his non-banking financial company RattanIndia Finance Pvt. Ltd. It is pertinent to mention here that when the Indiabulls Group got divided Rajiv Rattan took control of the power and infrastructure arms. Rattan is now chairman of RattanIndia Power Ltd and RattanIndia Infrastructure and Power Ltd, formerly known as Indiabulls Power Ltd and Indiabulls Infrastructure and Power Ltd, respectively.  There are mumurs on Dalal Street that RattanIndia Finance, under RattanIndia Group, may compete in certain segments with the diversified conglomerate Indiabulls Group, now led by Sameer Gehlaut. What effect will it have on the RattanIndia Power Ltd?

P C Jeweller Ltd moved up by around 43.80% in the NSE. Bombay Stock Exchange had earlier sought clarification from the company on the news report that CBI has arrested owner of PC Jeweller. The company clarified to the BSE:”We would like to clarify that the news item is factually incorrect.” “We would like to assure our investors, shareholders and other stakeholders that there is nothing wrong with the company and its operations, the fundamentals of the company remain strong and it continues to move ahead on growth path,” the filing added.Where is the stock heading?

I have recommended a micro-cap company in the field of IT and another small cap company in the field of construction, to the Premium Members. If anyone wants to know their names, they are required to trade through my recommended brokerage house. If you are a small investor, you will get discounts on my Premium Service. 

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