Friday, July 20, 2018

Winning Strokes: Think Different
The stock of PC Jeweller Ltd touched a high of Rs.85 before closing at Rs.81.90  up 15.6% in the NSE. I had mentioned in my yesterday's post, that unless Rs.67 is broken, the downside seems to be capped. I had in this week recommended a buy to the Premium Members. 

Sintex Industries Ltd (Rs.13.60) and Sintex Plastics Technology Ltd (Rs.30.80) are two different companies, though from the same group. So, corporate governance issue in one entity should not been seen with the "GLASS" of another.  Can we analyse the financials of Tata Steel Ltd, by taking into consideration the management of Tata Motors? This is the mistake what Kunal Thanvi, the editor of Smart Money Secrets (www.equitymaster.com) is doing....

What is happening in the scrip of TV Vision Ltd (Rs.4.70) and in other SAB Group of companies? Do you know the latest developments in the company?

It seems the stock of Bhusan Steel Ltd (Rs.23.35) got a support at around Rs.21-22 ranges. However, with the construction and automobile sector going nowhere, we need to carefully look at the counter. 

It seems it has become a habit of sorts for Narendra Modi, to call Rahul Gandhi, as immature individual, but as a seasoned politician what good, he and his government has done to the Indian economy; except giving verbose speeches and then window dressing it with statistics? 
Perhaps, never in the History of India, has such FIRE SELL Indian assets taken place, with once blue chip companies like Lanco Infratech Ltd (Re.0.75), Bhusan Steel Ltd, IVRCL Ltd (Rs.1.55), etc getting sold and few more like Reliance Communications Ltd (Rs.12.95), J P Associates Ltd (Rs.15.10), Videocon Industries Ltd (Rs.6.15), Gammon India Ltd (Rs.2.15), etc reeling under knee deep debts. 
In a soccer field, it is the scoring of goals which matters and not sprinting for 90 minutes. Narendra Modi's foreign sojourn to more than 50 countries, yielding an expenditure of around Rs.1484  crore yielded what?


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