SumanSpeaks: The Information Super Highway

  Winning Strokes The Sensex is now trading at 60,160.82 up 25.04 points (+0.04%), while the Nifty is seen at 17,954.70, up 8.75 points (+0.05%).  This is an improvement from morning market, which was trading in the red. The indices are likely to trade in a range while the action would shift to the broader market, especially in the Real Estate/Construction, Textile, Renewable Energy and Electric Vehicle 🚜🚑 segments. Photo: Tree Hugger # Today's Recommendation: Buy the shares of B F Utilities Ltd at Rs.457, for targets of Rs. 504/Rs.540/Rs.611/Rs.767. SL: Rs.399. It is a reputed renewable energy player from the reputed Kalyani Group, a $2.5 billion diversified Indian multi-national business conglomerate. BF Utilities as it is a big land owner.  Kalyani Group works on multiple projects via its subsidiary Nandi Infrastructure Corridor Enterprises (NICE). Most of projects are running on Mysore-Bangaluru highway and are stuck.  BF  Utilities, which operates in the...

Suzlon Energy Ltd to get boost from new government of India initiatives. Suzlon Energy Limited (Rs.7.30), the Indian multinational wind turbine manufacturer based in Pune and the world’s fifth largest wind turbine supplier is likely to get huge boost to its bottomline, due to the recent developments. In December 2020, Prime Minister Narendra Modi inaugurated a 30,000 MW hybrid renewable energy park close to the India-Pakistan border in Kutch, Gujarat touting it as the largest of among such projects in the world.  In the same year, the Gujarat government allotted land to five developers for the hybrid renewable park — Adani Green Energy Limited was allotted 19,000 hectares, Sarjan Realities Limited (Suzlon Energy Ltd) was allotted 9,500 hectares, NTPC was allotted 9,500 hectares, Gujarat Industries Power Company Limited was allotted 4,750 hectares and Gujarat State Electricity Corporation was allotted 6,650 hectares. Noticeably, the Gujarat government had allotted the land to Suzl...

Mukhesh Ambani's Den Networks Ltd, failed to create any value for the investors. Those who say Invest for long term in blue chip stocks in share market, they should read this post. #Den #Networks #Ltd (Rs.49.95) came up with an IPO in October, 2009, with the price band of Rs.195 - 205. Photo : Latestly Hunt The IPO of Den Networks listed on 24 November, 2009 at the lower band of Rs.195 and closed at the discount of around 16.36%. The Initial Public offer (IPO) was open on October 28, 2009 and closed on October 30, 2009. IPO was oversubscribed by 1.04 times (0.0963 times in retail). The stock opened at Rs.195 and then rose to Rs.197, before closing at Rs.163.10. Listing Day Trading Information at BSE Issue Price:  Rs.195.00 Open:  Rs.195.00 Low:  Rs.149.50 High:  Rs.197.00 Last Trade:  Rs.163.10 Volume:  7,730,791 Source : http://angelanalyst.com The promoter's holding is still ~75%, while it is profitable company from the reputed Mukhesh Ambani ...

  Bombay Rayon and Fashions Ltd: Buy CMP : Rs.7.20 Book Value : Rs.21.28 High Sector P/E: 65.17 Market Cap: Rs.228 crore Head Office: 3rd Floor, DLH Mangal Murti, Linking Road, Santa Cruz West, Mumbai - 400054, Telephone: +91 845 403 6129, Fax: +91 23 6106 8700. Triggers : #BRFL Textiles Private Limited (BTPL), the subsidiary of Bombay Rayon and Fashions Ltd is India's largest single-roof state-of-the-art fabric processing facility; supported by its captive power, effluent treatment, RO water, and other utilities enabling cost competitiveness.  BPTL is now almost DEBT FREE. It has a sprawling plant spread over few acres, which alone would be of value few hundred crores of rupees. #Bombay Rayon Fashions Ltd. (BRFL) has a strong presence across the entire value chain, from fibre to yarn to textile to garment and fashion. A manufacturer of a wide variety of fabrics and garments, it was once the largest manufacturer of shirts in the country.  The company operates through its...

  Winning Strokes Today the BSE Sensex is trading at 59,288.81 (marginally) down by 9.65 points (-0.02%) while the NSE is up by 5.75 points (+0.03%) to 17,697. The indices are expected to consolidate around the current ranges, while the main action is likely to shift towards small and mid cap counters. Now, the index near all time high, the investors neee to be very choosy, regarding stock selection. Photo : Mumbai Mirror #My recommended Patel Enginnering Ltd (Rs.28.85) hit another consecutive Buyer Freeze today, making a new 52 - week high. Congratulations to those who made money in the scrip. #I have spoken with the sources in Coffee Day Enterprises Ltd (Rs.31.50) . The good news is that out of 917 outlets almost 50%, i.e. 546 of them have started functioning. If you remember my earlier report spoke about the functioning of 70 outlets only, which has jumped to around 7 - times during the last few weeks More outlets are expected to open in the near future as the nationwide lockdow...

  Buy: Coffee Day Enterprises Ltd (CDEL) CMP: Rs.32.05 Book Value: Rs.184.40. Triggers : The latest annual report shows CDEL's, the operator of the Cafe Coffee Day chain of restaurants, plus allied businesses - net debt as on March 31, 2021 to be Rs.1,731 crore. The total loan funds stood at Rs.1,779 crore which comprises of long-term borrowings of Rs.1,263 crore and short-term borrowings of Rs.516 crore. This is against the company's net debt of Rs 2,909.95 crore in FY20. Photo : NDTV Moreover, the seven subsidiaries of CDEL are awaiting a report by Justice K L Manjunath, former judge of Karnataka High Court, to take a decision on the recoverability of over Rs.3,535 crore allegedly siphoned out of the company into Mysore Amalgamated Coffee Estates Limited (MACEL), a personal firm promoted by its late founder V G Siddhartha. The valuation of its vending division is Rs.2000 crore, while the company would get Rs.700 crore for selling the IT Park.  So, total amount of receivables...