CHD Developers Ltd. (BSE: 526917)
CMP : Rs. 17.50/-
52 Week High : Rs. 32.1/-
52 Week Low : Rs. 5.85/-
Face Value : Rs. 2/-
EPS : Rs. 2.96/-
P.E.: 5.91
200 Days Simpal Moving Average : Rs. 16.87/-
Trading very cheap at current level as compare to its peers which are trading at 10 to 50x P.E. Multiples. At least at 10x P.E. multiple it's price should be around Rs. 30/- as company continuesly doing well and can do well in future.
Website: http://www.chddevelopers.com/
Sept. Quarter Profit (Sep 07): Rs. 35.84 Million (Profit rises 631 % QOQ)
Year Profit (March 07): Rs. 91.23 Million (Profit rises 323% YOY)
Recommandation: Accumulate (Buy at current Level and at every fall)
Target : Rs. 28-32/- (Short - Med term) Rs. 50/- (Long Term)
(Before investing do your own research)
Monday, November 12, 2007
Markets Today
The markets showed smart recovery and ended the day with moderate losses outperforming its Asian peers. The markets have shown resilience despite some disappointing IIP numbers. The pullback was seen in the final hour of trade and Nifty ended above 5,600 levels and Sensex above 18,700 mark.
Sell off in equity markets was triggered by the weak cues from the global markets as US mkts ended in red on account of credit concern leading to the decline in the Asia.
Sensex was down 170.33 points or 0.90% at 18737.27, and the Nifty down 46.15 points or 0.81% at 5617.10.
About 1171 shares have advanced, 1817 shares declined, and 77 shares are unchanged.
The BSE Midcap Index ended at 8,013.63 down 1%.
The BSE Smallcap Index ended at 756 down 1.4%.
The BSE Bankex was up 0.3% at 10,186.32. Bank of India, Union Bank, HDFC Bank, Centurion Bank, Bank of Baroda moved downwards.
The BSE Capital Goods Index was down 0.2% at 19,624.60. Reliance Infra, Areva T&D, Bharat Bijlee, Thermax closed lower.
The BSE Auto Index closed at 5,109.95 down 2%. MRF, Tube Investment, Bharat Forge, Mah and Mah, Cummins closed lower.
The BSE Metal Index closed at 16,766.06 down 1%. Shree Precoated, Sterlite Ind, Hind Zinc, Mah Seamless closed lower.
The BSE FMCG Index closed at 2,057.01 up 2.5%. HUL, ITC, United Spirits, Tata Tea, United Brewerie, Colgate, HUL closed lower
BSE Oil and Gas Index closed at 11,369.24 down 2.3%. ONGC, GAIL, HPCL, Reliance Natura, Reliance Petro ended in red.
The BSE IT Index was down 3% at 4,135.14. Mphasis, Patni Computer, Tech Mahindra, Infosys, I-Flex Solution, TCS closed lower.
The NSE cash turnover was at Rs 17296.14 crore and the NSE F&O turnover was at Rs 56771.23 crore. The BSE cash turnover was Rs 6411.42 crore. Total market wide turnover was at Rs 80478.79 crore.
Sell off in equity markets was triggered by the weak cues from the global markets as US mkts ended in red on account of credit concern leading to the decline in the Asia.
Sensex was down 170.33 points or 0.90% at 18737.27, and the Nifty down 46.15 points or 0.81% at 5617.10.
About 1171 shares have advanced, 1817 shares declined, and 77 shares are unchanged.
The BSE Midcap Index ended at 8,013.63 down 1%.
The BSE Smallcap Index ended at 756 down 1.4%.
The BSE Bankex was up 0.3% at 10,186.32. Bank of India, Union Bank, HDFC Bank, Centurion Bank, Bank of Baroda moved downwards.
The BSE Capital Goods Index was down 0.2% at 19,624.60. Reliance Infra, Areva T&D, Bharat Bijlee, Thermax closed lower.
The BSE Auto Index closed at 5,109.95 down 2%. MRF, Tube Investment, Bharat Forge, Mah and Mah, Cummins closed lower.
The BSE Metal Index closed at 16,766.06 down 1%. Shree Precoated, Sterlite Ind, Hind Zinc, Mah Seamless closed lower.
The BSE FMCG Index closed at 2,057.01 up 2.5%. HUL, ITC, United Spirits, Tata Tea, United Brewerie, Colgate, HUL closed lower
BSE Oil and Gas Index closed at 11,369.24 down 2.3%. ONGC, GAIL, HPCL, Reliance Natura, Reliance Petro ended in red.
The BSE IT Index was down 3% at 4,135.14. Mphasis, Patni Computer, Tech Mahindra, Infosys, I-Flex Solution, TCS closed lower.
The NSE cash turnover was at Rs 17296.14 crore and the NSE F&O turnover was at Rs 56771.23 crore. The BSE cash turnover was Rs 6411.42 crore. Total market wide turnover was at Rs 80478.79 crore.
Intraday Calls for 12th November
Market may open gap down but later some recovery expected.
Sensex Support 18400 and Nifty Support 5540
Buy for intraday (At lower levels & Keep 2% Strict SL):
Cinemax (119)
PSTL (283)
Dish TV (56)
Zee News (61)
Sunflag Iron (27.55)
Infosys (1700)
HCL Tech (301)
Prithvi Info (266)
KPIT Cummins (103)
Lok Housing (177)
Ansal Properties (250)
Ansal Buildwell (85) (Buy for 1 Year Target 200+)
***** Do not forget Maximaa Systems (Rs. 3.20 Now)
Good Luck
Sensex Support 18400 and Nifty Support 5540
Buy for intraday (At lower levels & Keep 2% Strict SL):
Cinemax (119)
PSTL (283)
Dish TV (56)
Zee News (61)
Sunflag Iron (27.55)
Infosys (1700)
HCL Tech (301)
Prithvi Info (266)
KPIT Cummins (103)
Lok Housing (177)
Ansal Properties (250)
Ansal Buildwell (85) (Buy for 1 Year Target 200+)
***** Do not forget Maximaa Systems (Rs. 3.20 Now)
Good Luck
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