Tit - bits

#The scrip of Future Consumer Ltd (Rs. 26.70) today moved to Rs.27.25 and reached its first target.  Hope most of you have booked some profits. To know what to do next,  you need to join any of my services.  It does matter which country you belong to,  as long as you have an internet connection. 

#The investors / traders having a penchant for risk can buy the "MAD - stock" named, Vakrangee Ltd (Rs.39.75). The promoters are rumoured to be playing in the scrip and hence it has the capacity to move up-to dizzy heights.

It is pertinent to mention here that the share shot up from Rs.50 - something in 2015 to more than Rs.500 by January 2018.

• Life Time high: Rs.515.00 (24-Jan-18).
• Life Time low Rs.0.46 (09-Mar-09).

From the above figures you can understand the quantum of returns the scrip of Vakrangee Ltd can deliver to an investor over a given period.

Dinesh Nandwana, promoter of Vakrangee, bought 31 lakh shares of the company through open market purchases in last two sessions and raised his stake to 5.93% from 5.64% as of June 30.

Now, according to a report published in Bloomberg Quint, the company is planning  to revamp its 45,000 retail outlets or Vakrangee Kendras and install an ATM in each, at a capital investment of Rs.900 crore. The 2020 goal is 75,000 Kendras, each with an ATM.

Just by the way, India has a total 2,21,703 ATMs across all banks, as on March 31, 2019 as against 2,22,300 ATMs at the end of 2017, recording a decrease of 597 ATMs during the period; according to a report released by the Reserve Bank of India.
The SBI group had 59291 ATMs at end of 31st March, 2017. Vakrangee is set to beat ’em all.

It is interesting to note that Vakrangee once told Bloomberg Quint that P C Jewers Ltd was its business partner; which the latter denied probably due to regulatory hassles. 

I feel it would not be an exaggeration to mention that many of my portfolio clients have taken positions in the scrip today. 

#The scrip of MRPL (Rs.47.60) is consolidating around Rs.47/48 ranges. It has good future prospects. You can buy in declines and hold with the SL mentioned earlier. 

#The share of United Bank of India Ltd (Rs.9) is testing the immediate support levels. This well known PSB,  is a safe scrip,  considering the current positive developments in the company. 

Imp: If you have a portfolio size of around Rs.3 - 5 lakhs,  then you can use my more than 2 decade (1 decade: 10 years) of experience and go for profit sharing scheme (70:30). It doesn't matter which country you belong to,  provided you have a Demat Account and an Internet connection. If you are a new comer and is perplexed, watching the volatility of the shares,  then this is the best option for you. 

The markets have started to show some positive vibes and it will be better if you take an immediate dive in select scrips.