Winning Strokes: Think Different

Today, the stock of Sintex Industries Ltd (Rs.14.75) was recommended to the Premium Members, after the company came out with good set of numbers for the Q1FY19. The Book Value of the shares of the company is Rs.68.33 and the EPS is Rs.2.39. The scrip should give good returns in the next 6 months time frame. 

Today, there were media reports that the big bull Rakesh Jhunjhunwala has increased his stake to Rs.1.98% in the troubled company, J P Associates Ltd. If you remember, I have been recommending the company for short term plays since some time. You can buy at the CMP of Rs.14.91 for short term targets of Rs.19-21.

The stock of MBL Infrastructure Ltd closed at Rs.15.85. For the time being stay away from this counter, due to lack of clarity. 

The scrip of e-Governance company Alankit Ltd today closed at Rs.24.20 in the NSE, down  around 2.02%. In the last budget in line with the Narendra Modi government's thrust on digital, finance minister Arun Jaitley announced a host of technology driven projects in areas such as budgeting, depositing fees and fines among others.

Key benchmark indices today dropped in volatile trade as the opposition parties tabled a no-confidence motion against Prime Minister Narendra Modi's government. The barometer index, the S&P BSE Sensex, fell 146.52 points or 0.4% to settle at 36,373.44. The Nifty 50 index fell 27.60 points or 0.25% to settle at 10,980.45. The Nifty settled below the psychologically important 11,000 mark after moving above and below that level in intraday trade.

I am thinking to start a Life Time offer (30 years) of the Premium Information Service at Rs.60,000 for delivery based calls and Rs.1 lakh for both Delivery and F&O Calls. Those who  are interested can mail me at: suman2005s@rediffmail.com/ sumanm2007s@gmail.com.