WINNING STROKES: THINK DIFFERENT

Mandhana Industries Ltd hit another buyer freeze at Rs.8.10 yesterday, the stock is heading towards Rs.9. Mandhana Industries Ltd is a part of the Mandhana Retail Ltd, in which the ace investor, Rakhesh Jhunjhunwala has stakes.

D B Realty Ltd closed at Rs.40.75 yesterday. Yesterday, the stock was recommended a buy above Rs.40.30. Recently its subsidiary, Neelkamal Realtors Tower signed an agreement with Indo Global Soft Solutions and Technologies, for the development of Orchid Heights Project measuring 19,434.10 square meters at Mahalaxmi, Mumbai. Indo Global is a Radius Group Company which is a Sanjay Chhabria Venture.

That stock whose name begins with "S", where some investors put Rs.3-5 lakhs hit another buyer freeze yesterday. This stock has already given 15% return too the investors and its name will be disclosed after it move by around 30%. Meanwhile, I  have another such stock, which could give superb returns going forward. If anyone is interested to invest Rs.3-5 lakhs in the scrip on 50:50 profit sharing basis, then please do let me know at: suman2005s@rediffmail.com/sumanm2007s@gmail.com.

HDIL is consolidating at the price ranges of Rs.62-63, for the next round of upmove. The stock after recommendation at around Rs.62, already touched Rs.65 and came down. The company has a huge land bank in Mumbai and hence I feel there should not be any cause of worry.

Yesterday, J P Power Ltd hit the buyer freeze at Rs.5.51. The stock was recommended some weeks back in this blog.

Videocon Industries Ltd yesterday touched Rs.19.15, before closing at Rs.18.95 or near the days high. The stock was asked to be accumulated on all dips, for some good returns in the coming days.

Today's Call

1. Buy Bank Nifty at 24100PE, 7th September2017 EXPIRY, around Rs.37-38, SL: 24385 SPOT BANKNIFTY ; T- Rs.65-72..

2. Buy D B Realty and Infrastructure Ltd above Rs.40.30, SL: Rs.37, T: Rs.51.

WINNING STROKES: THINK DIFFERENT

Photo: Royal Vegas Online Casino Blog

Aban Offshore Ltd recommended around Rs.178-179, touched Rs.182.60, intra-day, before closing at Rs.178.40. Those who are holding can do the same, with a price target of Rs.185. However, one matter of concern for Aban Offshore Ltd is it debt of ~Rs.12, 000 crore.

That stock where some investors put Rs.3-5 lakhs hit another buyer freeze today, at it touched Rs.41 The name of the stock starts with the word "S".

Mandhana Industries Ltd hit the buyer freeze at Rs.7.79 in the BSE. The stock is heading towards Rs.9.

HDIL today touched Rs.64.20, in the BSE, before cooling down at Rs.62.30. HDIL has huge land bank and hence there is no need for worry. 

There is another share which could give decent return over 3-6 months period. If any investor is ready to put in Rs.3-5 lakhs on 50:50 profit sharing basis do let me know. There would not be any debt funding in the scrip. 

Today's Calls

1. Intraday Buy Tata Motor DVR at around Rs.225.5,  SL: Rs.221.5, T: Rs.231..
2. Buy Aban Offshore Ltd at Rs.178 - 179, T: Rs.184, SL: Rs.171 on T+4 basis.
3. Buy Arvind Ltd on declines at around Rs.375-376, SL: Rs.365, T: Rs.394 on T+4 basis.
4.  Intraday Sell Titan Ltd at around Rs.611,  SL: Rs.619, T: Rs.599.

GDP numbers: It’s even worse than it looks: 

Narendra Modi should Resign

Photo: The Economic Times

According to Live Mint: Growth in gross value-added (GVA) at constant prices for the June 2017 quarter has been disappointing, coming in at 5.6% year-on-year, the same rate as in the March quarter. But it’s worse than it looks, because the base effect should have boosted growth in the June quarter. In the March quarter, the 5.6% growth was on top of 8.65% growth in the year-ago quarter, whereas the 5.6% growth in the June quarter was on top of 7.56% growth in the year-ago quarter. The base this time was much lower.

GDP (gross domestic product) growth for the June quarter at constant prices was 5.7%, lower than the 6.1% notched up in the March quarter. The last time we saw such slow growth was in the March 2014 quarter. Moreover, growth received a massive boost from government consumption spending, which accounted for over a third of the year-on-year growth in GDP (see Chart 1). Shorn of government consumption, GDP growth in the June quarter was a mere 4.3%.

Widely credited for launching India's economic reforms in 1991, Manmohan Singh dubbed Modi government's demonitisation move as "monumental mismanagement" and "organised loot and legalised plunder". Earlier, the former Finance Minister, Mr.P Chidambaram twetted:

RBI 'gained' Rs 16000 crore, but 'lost' Rs 21000 crore in printing new notes! The economists deserve Nobel Prize.

- P. Chidambaram (@PChidambaram_IN) August 30, 2017.

Now that we know that 99% of demonetised money has come back, the government’s estimates of how much black money would be extinguished have been proven horribly wrong. The Attorney General told the Supreme Court that he expected ₹4-5 lakh crore to be “neutralised”. Then, a Finance Ministry official told reporters that ₹3 lakh crore would not return. In the end, just ₹16,000 crore didn’t come back.

The former PM, Dr.M M Singh rightly predicted that there would be 2% shaving of the Indian economy due to mindless demonetization.

Hugo Erken, senior economist at Rabobank’s RaboResearch Global Economics & Markets, is credited for rightly predicting that first quarter gross domestic product (GDP) growth in India will decelerate to 5.7%. Netherlands-based Erken’s forecast was the most accurate in Bloomberg and Reuters surveys, where the median forecast for GDP was 6.5% and 6.6% respectively..

He says: "The GST will continue to weigh on Q2 GDP as seen from the July purchasing managers’ index, which fell sharply. Our Q2 GDP forecast is somewhere near 5.9-6%. However, in the medium-term we are still confident that India GDP growth will pick up quite rapidly to somewhere near 8% towards the October-December quarter".

So, the Pains will continue in Q2FY18 too.....

Therefore, instead of reshuffling the cabinet on Sunday, Narendra Modi should take the moral responsibility of Demonetization fiasco, and resign from the post of PM. Instead of inducting new faces, Narendra Modi should resign first and pave the way for a better PM.

Looking for Investment Partners

The stock of the company, which I spoke  of last week has started hitting upper circuits and I am sure it will give good returns in the next 3-4 months. Those who have invested in that scrip, a big congratulations to them....The name will be disclosed after it has moved up by at least 30%, from the investment price.

I now have another such stock which can also give good returns over 5-6 months time frame, if the investor keeps holding. I am looking for a potential investor/s, who is ready to invest around Rs.3-5 lakhs in the scrip on delivery basis. There will not be any debt funding, to minimize the risk associated with small/mid cap investments. The profit will be shared in the ratio of 50:50 basis.

The investment boundary for this scrip will close by next Saturday or till the stock does not start to move up. Your BMA Wealth Creators Ltd's account should be ready with funds by then...You can send me a mail at: suman2005s@rediffmail.com or sumanm2007s@gmail.com.

Winning Strokes: Think Different

Photo: CybBet

Mandhana Industries Ltd has hit another buyer freeze on both the exchanges. The stock closed at Rs.7.40 in the NSE. The scrip is heading towards Rs.9 -- stay put.

As expected Shilpi Cable Technologies Ltd hit the LC at Rs23..95 today. The investors were suggested to reduce their positions and exit at the SL of Rs.22.

Jai Balaji Industries Ltd today, broke Rs.10.70 in both the exchanges, and closed at Rs.10.41 in the BSE. Wait to see, if the earlier 52-week low holds or  not; before taking fresh positions. 

SREI Infrastructure Finance Ltd, recommended yesterday, touched Rs.130, intra-day. Hope most of you have made profit in the counter.

Karur Vashya Bank Ltd was given a buy at Rs.146, for a short term target of Rs.154. The stock closed at Rs.147.05 or near the day's high -- stay invested.

HDIL recommended only some days back at around Rs.62, against Unitech Ltd (Rs.7.61) today touched Rs.65.30, intra-day. The share closed at Rs.64.10 today.

That stock, for which I spoke of an investment of around Rs.3-5 lakhs has started to hit the Upper Circuits from today. The name will only be disclosed later or when it is near our cherished target. I will recommend another such stock this week -- if you have an investable fund of around Rs.3-5 lakhs (no debt funding to minimize risks) do let me know.

Brokerage Calls

(www..bmawc.com)

1. Buy CESC at  around Rs.1030-1033, SL: Rs.1015, T: Rs.1060-1075 on T+2 basis.
2.  Intra-day short CRUDE OIL around Rs.3010, SL above Rs.3025, T: Rs.2980.
3. Intraday buy TVS Motors Ltd at around Rs.609, SL: Rs.603, T: Rs.621-628.
4. Intraday buy Tata Steel at around Rs.644-644.50,  SL below Rs.639, T: Rs.649-652.

5. Buy (T+3) KARURVYSYA around Rs.146, SL below Rs.141, T: Rs.154.

WINNING STROKES: THINK DIFFERENT

SREI Infrastructure Finance Ltd recommended at around Rs.124, touched Rs.128.50, intra-day before closing at Rs..128.25 or near the day's high. Stay invested for price targets of Rs.133-136.

IGL was recommended at  Rs.1281, SL: Rs.1268, for a T: Rs.1310 -- the stock touched Rs.1290, intra-day or almost made it to the targets.

Videocon Industries Ltd (Rs.18.30) is consolidating around the current price ranges. You need to keep accumulating on dips.

Jai Balaji Industries Ltd, could find support at around Rs.10.70. However, if that breaks also, then it can test the 52-week low price. So, stay away from the counter from the time being.

Mandhana Industries Ltd hit another buyer freeze yesterday at Rs.7.05. The stock could hit some more buyer freezes -- remain invested.

Today's Brokerage Calls

[www.bmawc.com]

1. Intra-day buy IGL at around Rs.1281, SL: Rs.1268, T: Rs.1310.

2. Buy (T+4) SREI Infrastructure Finance Ltd around Rs.124, SL: Rs.118, T: Rs.136.

WINNING STROKE: THINK DIFFERENT

Future Enterprises Ltd (Rs.46.25) touched Rs.47.75, intra-day. The scrip is heading towards my LAST intermediate target of Rs.51. The stock could consolidate here for sometime before starting the next level of upmove, next year. The traders are therefore suggested to book at least 85% of the profits and hold the rest with a SL of Rs.42..

Mandhana Industries Ltd (Rs.6.75) hit another round of buyer freeze yesterday. The stock is heading towards Rs.9, stay invested.

Those who have still not entered Jai Balaji Industries Ltd (Rs.11.55) are suggested to wait and start accumulating near the support of Rs.11 -11.20.  The stock could come down near those levels, intra-day, and then move up. 

Videocon Industries Ltd (Rs.18.15) is consolidating in the current price ranges. The investors are suggested to keep accumulating the stock on intra-day dips. This stock will give you wonderful return going forward.

.

Shilpi Cable Technologies Ltd (Rs.24) has broken a major support level. The traders are suggested to exit the counter, if it breaks the SL of Rs.22 or reduce their holdings at the current price ranges. Buy only above Rs.25.50. The non-risk taking investors should stay way for the time being. 

HDIL Recommended around Rs.62 some days back, touched Rs.62.80 yesterday. I am having a medium term target of Rs.91-92. Accmulate in intra-day dips. 

The scrip of Reliance Power Ltd can be accumulated around the current price ranges of Rs.40. for immediate target of Rs.45 and medium term target of Rs.51.

I have another scrip which could either double in the next 6-9 months or give good returns. It from the small/mid cap space - my specialty zone.  I am looking for potential investors/partners, who can invest around Rs.3-5  lakhs on the said counters, on a 50:50, profit sharing basis. For this you need to open an account with my associated brokerage house (www.bmawc.com - one of the biggest in the Eastern India) and then buy it and keep holding. If you are already  having an account with BMA Wealth Creators Ltd, then you  just need to change the lineage towards me -  that's all. The Brokerage is fixed @50 paisa for all portfolios below Rs.10 lakhs; for above Rs.10 lakhs, I would make it 40 paisa, for delivery and 4 paisa for intra-day. There will not be any debt funding to minimize the risk of erosion of capital, in case there is sudden correction in the share price, following some unusual happenings; like that happened in case of RCom Ltd (Rs.22.70) and many such scrips. Those who are interested can also take debt funding with 2% interest per month (on the loan amount), but I would suggest you to not to do that.....The interested candidates can send me a mail at: suman2005s@rediffmail.com/sumanm2007s@gmail.com by the end of this week. The name of the scrip will not be disclosed to the general Premium Members and in this blog - but only after it reaches my cherished target. 

Also, those who will trade through my Associated Brokerage House will get my assistance: 24x7, over Phone/Mobile and Whatsapp. They will also get Premium Service Free of Charge, apart from receiving Premium Calls from BMA Wealth Creators Ltd too, absolutely FREE.. 

Winning Strokes: Think Different

Future Enterprises Ltd (Rs.46.15) recommended around Rs.18.20, made a fresh 52-week high yesterday, as it touched my target of Rs.47, intra-day. What to do now? Join my Premium Service or trade through my recommended brokerage house, to stay ahead  of others.

After superb performance of my recommended Tata Steel from  Rs.217 to above Rs.635, I feel  soon other steel stocks will also join the bandwagon. Considering such case, I have already recommended a buy on Jai Balaji Industries Ltd at around Rs.12-12.50.

Unitech Ltd (Rs.765) seems to have never ending problems and also the management is not bothered about the plight of the shareholders. In such cases, I would suggest you to exit the stock and enter HDIL at Rs.62.

Prakash Industries Ltd (Rs.122), was recommended by me several times at around Rs.43-44, after I somehow came to know of its BJP linkage. However, considering the current scenario it would be better if you exit the scrip on rallies.

Mandhana Industries Ltd (Rs.6.12) hit another buyer freeze yesterday. Those who have still not entered the counter or want to average, can do the same.

Two Small Cap Recommendations

1. Buy Jai Balaji Industries Ltd at Rs.12.49, for a short term target of Rs.17.
2. Buy Mandhana Industries Ltd at Rs.6.12, for  a short term target of Rs.9.

Gujarat Hotels Ltd: Buy

CMP: Rs.130.60

Photo: Booking.com

Gujarat Hotels Limited (GHL), an associate company of ITC Limited was incorporated in the year 1982. GHL owns the WelcomHotel Vadodara in Vadodara which is operated by ITC Limited under an Operating Licence Agreement.

The company has a high operating margin of above 90%, but hereto the stock did not perform too well in the bourses.

You can buy the stock near the supports of Rs.127-128 for short term targets of Rs.145 - 150; as the festival season beginning with Ganesh Chaturthi, followed by Eid and Durga Pooja is likely to be positive for the share holders.

It is more or less a stable and those who prefer low Beta scrips, can go for the same. But please do keep a SL of Rs.121, in case of any market crash.

I had earlier recommended the stock on 4th September, 2006 at Rs.52, after which it made a high of ~Rs.270 in 2013 - 2014.

Winning Strokes: Think Different

The Nifty (9857.05) came in for some corrections, after hitting the much-awaited 10,000 mark; but

again recovered and closed in the green yesterday, up 4.55 points.  The Indian market has been on a roll over the past couple of quarters on the back of the implementation of GST, which the analysts feel will be able to plug some of the loopholes in the indirect tax structure. Apart from this, good monsoon and positive global sentiments, also had their own contributions in pushing Nifty northwards. It was a broad-based rally driven by fundamentals and the market has created wealth for investors across segments – be it Large-cap, Mid-cap or Small-cap.
India is an emerging market with GDP slightly upwards of $2 trillion in 2017.  India’s GDP was at $541 billion in 2003, crossed $1 trillion in 2007 and $2 trillion in 2015. The Indian economy has almost doubled between 2003 and 2007. It took four years for India’s GDP to double from $0.5 trillion to $1 trillion between 2003 and 2007 in the backdrop of better global environment; and eight years from $1 trillion to $2 trillion between 2007 and 2015, mostly due to the Reforms carried on by the earlier UPA government.

But how long this rally  will continue, on the back of (manipulated) data, presented by the current dispensation is anybody's guess. Narendra Modi's regime is the most unscrupulous government, I have seen in the last 35 years -- it can do anything to stay in power. So, are the "Bhakts", who can go to any length, including spreading lies, present fudged data, stone pelting (....remember the JNU case), lynching, verbal abuse, et all...to reach their goals. Recently, there were lot of noise regarding the abolition of the controversial, "Triple - talaq" (of Muslims), but in reality nothing much happened except the honourable Supreme Court putting a temporary injunction on the practice and asking the government to frame laws in the Parliament.
In 1906, the Bombay High Court’s SL Batchelor held the practice of "Talaq-e-Bidaat" to be “Good in Law, though Bad in Theology”, while dismissing the plaint of a Muslim woman. Around one hundred and eleven years later, a Constitution Bench of the Supreme Court, set aside the practice of Triple Talaq as unconstitutional.
What is interesting is that the minority judgment delivered by Chief Justice JS Khehar and Justice Abdul Nazeer, chose to echo Batchelor’s sentiment in the case of Sarabai v. Rabiabai. This was the longest of the three decisions, by quite some distance. Running into 272 pages, the judgment took a deep dive into the Quranic verses as well as the Hadiths, or the pronouncements of Hazarat Mohammed, on the issue of Triple Talaq.
However, in future I don't think much will happen on this front except, that the Narendra Modi's government according to my analysis might take the stand of Islamic Scholar, Taqī ad-Dīn Ahmad ibn Taymiyyah's (1268-1328 - a member of the Hanbali school of jurisprudence founded by Ahmad ibn Hanbal), position on the issue......but, the government's propaganda machine is active 24x7, spreading bluffs and concocted stories.....

Anyway, Videocon Industries Ltd (Rs.18.70) hit the buyer freeze in both the NSE and BSE. Th next targets are Rs.21-22, as mentioned in my earlier post.

There is no stopping of Future Enterprises Ltd, the stock yesterday touched an intra-day high of Rs.44.70, in the BSE. Unless, the supports at Rs.39 - 41 are broken on the downside, we can look for targets of Rs.47 - 51.

Mandhana Industries  Ltd (Rs.5.83), hit the buyer freeze in the BSE. The stock after mindless correction, is again heading towards Rs.14-15 ranges, from where it fell. Accumulate the scrip on every intra-day declines 

As expected Jaiprakash Power Ventures Ltd closed at Rs.5.92, near the upper circuits in the BSE. I am looking for targets of Rs.8 - 8.5 in the short term -- remain invested.

My recommended Tata Steel Ltd (Rs.638.95) at around Rs.2.17, made an intra-day and 52-week high of Rs.640 in the BSE yesterday. Those who are still holding can book partial profits and hold the rest with a SL  of Rs.616.

Happy Ganesh Chaturthi to all my friends and blog readers. May this festival bring happiness in your lives; may all your dreams come true.

Market Mantra

There is no stopping of Future Enterprises Ltd as the stock touched Rs.44.75 today. As mentioned earlier, you can hold the same with a SL of Rs.41.70, with targets of Rs.47-51. If you remember the stock was recommended around Rs.18.50.

Shilpi Cable Technologies Ltd (Rs.27.80) is consolidating at around the current ranges before  the next upmove. The investors are suggested to buy the scrip on every decline.

Today's recommendation: Buy Aban Offshore Ltd near the support levels of Rs.174-175,  for short term targets of Rs.188-190.

Those who are holding my recommended Unitech Ltd (Rs.7.40) from around Rs.5-5.25, can continue to do the same, with a SL at Rs.6.60.

Those who are holding my recommended Videocon Industries Ltd (Rs.18.70) can continue to hold the same, for immediate targets of Rs.21-22. The stock has hit the upper circuit today.

Mandhana Industries Ltd (Rs.5.45) is getting hammered for no  apparent reasons. The regulators are requested to look into the matter and take appropriate actions.

J P Power Ltd (Rs.5.85) could hit upper circuits today -- keep watch. Its parent company J P Associated Ltd (Rs.22) has moved up from Rs.7 something to the current price.

Tata Steel after making a high of Rs.637 today is threatenig to break the psychological barrier of Rs.650. I think you remember that the scrip was recommended at around Rs.217, last year.

Brokerage Call: BUY (T+2) Hexaware Technologies Ltd on declines around, Rs.274-275 SL BELOW Rs.270; Targets - Rs.280-284

I am looking for a fund of around Rs.5- 10 lakhs to be invested in a scrip as delivery, with no debt funding. I am sure the stock will give at least 40 - 50% returns during the period. The profit could be shared in the ratio of 45 -- 55% between you and my firm. Before,, investing, I share with you the pros and cons of investing in that scrip...but before that you need to open an account with BMA Wealth Creators Ltd (www.bmawc.com) and deposit the amount in the said demat account. The interesteed parties can mail me at: suman2005s@rediffmail.com.

Shilpi Cable Technologies Ltd: The Name of one of the Stocks Revealed....

I had in my earlier posts, spoken of a couple of stocks which are expected to give good return in  the

Photo: The Economic Times

short term: one of them is Shilpi Cable Technologies Ltd, which we entered at around Rs.26, last week. The stock has already given around 10% return to the investors....

An ISO 9001:2000 certified company, Shilpi Cable Technologies Ltd (Rs.29.80) is into the business of manufacturing RF Telecom cables and other cables which are primarily used in the telecom, automotive and consumer durable sectors.

They have a couple of plants both located in north India,, within 60 km of Delhi where these products are manufactured.

They have an impressive customer list, which includes who's who in their respective sectors: Bharti Airtel, Vodafone, Aircel, BSNL, MTNL, Honda, Ashok Leyland, Eicher Motors, Hero MotoCop, Telcom,  Maruti, among others. A third each of the company's business comes from Telecom and Automotive space, while the balance comes from other segments. 

More than 95% of the company's business comes from the domestic space and it is a net importer  of around 30% of their total sales. 

The share price of  the stock dropped from Rs.225.60 on 20 April 2017 to Rs.20 on 15 June, 2017 (BSE), only to bounce back, due to its hidden fundamentals.

A major reason for this drastic fall in the stock price was  due to an overseas lender filing a petition against the company under the Insolvency and Bankruptcy Code, 2016.

On 13 October 2015, Shilpi Cable Technologies Ltd (Rs.29.80) issued and allotted 15 million convertible warrants on a preferential basis to Shilpi Cables Private Limited, a promoter group company, at an exercise price of Rs.60 per underlying equity share of the face value of Rs.10 each, out of which 8 million warrants had been converted into an equal number of equity shares on 28 March 2016. On 12 April 2017, the company reported to the stock exchanges that Shilpi Cables Private Limited had submitted the request for conversion of 7 million of these convertible warrants into equity shares of the company as per the terms of the issue of those warrants.

The investors can still enter the scrip, with short term targets of Rs.41-47. But this is  NOT an "Investment Grade Scrip", as of now -- so you need to enter and exit the scrip fast, if you are looking for some quick bucks....

I will reveal the name of other scrip shortly, here in this blog: so keep do keep an eye on  my postings. Moreover, those who want to enroll in my new service can send me a mail at: suman2005s@rediffmail.com / sumanm2007s@gmail.com.

These days, due to some teething domestic issues and due to my involvement in Bollywood, IT (Digital Marketing, Content Development, etc) and other Sectors, I am not getting time to do the regular updates on my blog. Hope, the things will get streamlined soon...

Dear all,

To improve the customer satisfaction and to make the company (my associated brokerage house: BMA Wealth Creators Ltd) more stronger from compliance point of view, we have successfully started the "Automatic Trade Confirmation Process".

Everyday after market hours, the BMA Wealth Creators Ltd's clients will receive an automated trade confirmation call from IVR No: +918038394100.

The BMA Wealth Creators' clients, are requested to save the above mentioned cell number, answer the call/s and confirm the trades by pressing 1 (one).

This unique facility, I believe will be beneficial for clients well as the brokerage house, for the long run. 

Also, any new trader/investor/client, will get a demat/trading account, absolutely FREE of charge, along with my FREE SERVICES (with customized brokerages for HNIs).  

Also, you will get debt financing from the said brokerage house at 2% per month, on the amount of debt taken; keeping the shares as mortgage. So, if your investment capital is Rs.5 lakhs (say), then you will be given an instant debt of Rs.2.5 lakhs to purchase shares and keep holding, provided you pay an interest of 2% per month, which means on a capital of Rs.5 lakhs, you will be  permitted to take delivery of Rs.8-10 lakhs (for T+2), but will be allowed to keep holding only for Rs.2.5 lakhs after T+2 period.

If you have any query, please feel free to revert. 

Thanks & Regards,

BMA Wealth Creators' Team.

Websites: www.bmawc.com, mf.bmastock.com

IMPORTANT

I have researched a couple of high-risk-high-gain scrips, both of which are doing well during the last few days.....I'm looking for persons who can invest around Rs.5 (five) lakhs in the two scrips and keep holding. There is no position based debt holding, but pure cash buying (with investment money) for delivery. 

The investment period is 6 months and the two scrips are expected to give at least 35-45% return during the period. I again reiterate: There is no debt based position taking or position taking on debt funding --this is simply investment and hence your money is safe. 

Those who have lost money in share market can try this route to recover your cash. This is a chance which you can utilize with minimum risk. You can contact me at: suman2005s@rediffmail.com.

Mandhana Industries: Result Update

Madhàna Industries came up with a loss of Rs.76.33 Cr in Q1FY18, however it is much better than I expected. During the June, 2017 quarter the write off was Rs.363.80 Cr, due to slow moving/old moving obsolete products. This has created much difference.

Moreover, the loss of Rs.76.33 Cr in the June quarter is much less than Rs.413.53 Cr in Q1FY17. But on the flip side the company has defaulted on Loans and is in talks with the lenders to go for restructuring.

In such circumstances, I feel.the worst is over for the Mandhana Industries Ltd (Rs.8.13). Also, I feel the Narendra Modi's autocracy (damaging the ecomomy with wrong policies) will end within a couple of years as the new government takes office in 2019.