Intraday Trading Calls for 28th November

Indian Stock Market may react on Mumbai Bomb Blast and it may open gap down but a smart recovery expected in Mid-Session if trading continue.
Buy at lower levels with strict Stop Loss:
BANK OF BARODA
HDIL
RCOM
REL INFRA
AXIS BANK
SATYAM COMPUTER

GOOD LUCK

Intraday Trading Calls for 26th November

Indian Stock Market may open Positive. A good rally & positive closing expected today in Stock Market India.

Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):

INDIABULLS REALEST (87)

Buy Above 88.70 Target 92.20, 97.00

Sell Below 85.45 Target 82.35, 78.00

DLF (188)

Buy Above 190.50 Target 195.25, 202.00

Sell Below 185.70 Target 182.15, 177.00

RELICANCE CAPITAL (447)

Buy Above 450.75 Target 457.45, 465.00

Sell Below 444.20 Target 438.40, 432.00

ROLTA INDIA (171)

Buy Above 172.60 Target 176.10, 180.00

Sell Below 169.40 Target 165.50, 162.00

STERLITE INDUSTRIES (204)

Buy Above 206.80 Target 212.50, 220.00

Sell Below 201.45 Target 196.50, 190.00

Zee ENTERTAINMENT (122)

Buy Above 123.85 Target 127.65, 132.00

Sell Below 120.45 Target 116.70, 112.00

Others for Intraday: Chambal Fertilizer, Alembic Pharma, Taneja Aerospace.

GOOD LUCK.

Intraday Trading Calls for 21st November

Indian Stock Market may open Nagetive but small recovery expected from lower levels in mid session.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
HPCL (222)
Buy Above 224.80 Target 230.35, 236.00
Sell Below 220.15 Target 215.75, 210.00
BPCL (312)
Buy Above 314.65 Target 320.75, 328.00
Sell Below 309.20 Target 304.15, 296.00
RELICANCE CAPITAL (422)
Buy Above 425.55 Target 432.80, 440.00
Sell Below 419.45 Target 413.60, 405.00
ROLTA INDIA (167)
Buy Above 169.20 Target 173.15, 178.00
Sell Below 165.40 Target 162.20, 158.00
ONMOBILE (204)
Buy Above 206.70 Target 212.40, 220.00
Sell Below 201.40 Target 196.50, 190.00
NTPC (138)
Buy Above 139.65 Target 142.35, 145.00
Sell Below 137.05 Target 134.50, 131.00
GOOD LUCK.

Intraday Trading Calls for 20th November.

Indian Stock Market may open gap down but a smart recovery expected from lower levels. A high volatility contineous.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
GAIL (191)
Buy Above 192.90 Target 197.20, 202.00
Sell Below 189.15 Target 185.55, 180.00
INDIABULLS REALEST (101)
Buy Above 103.20 Target 106.45, 110.00
Sell Below 99.40 Target 96.20, 92.00
HPCL (228)
Buy Above 230.25 Target 234.80, 240.00
Sell Below 226.25 Target 222.15, 216.00
BPCL (315)
Buy Above 317.80 Target 322.65, 328.00
Sell Below 313.20 Target 308.70, 302.00
CHENNAI PETRO (116)
Buy Above 117.80 Target 121.45, 125.00
Sell Below 114.45 Target 111.30, 107.00
BANK OF BARODA (263)
Buy Above 265.55 Target 270.35, 276.00
Sell Below 261.10 Target 257.45, 252.00
GOOD LUCK.

Intraday trading Calls for 19th November

Indian Stock Market may open flat to Positive and a small recovery expected today.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
STERLITE INDUSTRIES (217)
Buy Above 219.80 Target 225.45, 232.00
Sell Below 215.20 Target 210.35, 205.00
INDIABULLS REALEST (98)
Buy Above 100.00 Target 104.75, 110.00
Sell Below 97.10 Target 94.45, 90.00
RANBAXY (212)
Buy Above 214.65 Target 220.15, 225.00
Sell Below 209.45 Target 205.20, 200.00
NTPC (139)
Buy Above 140.50 Target 143.70, 148.00
Sell Below 137.60 Target 134.20, 130.00
PUNJ LLOYD (161)
Buy Above 162.75 Target 168.15, 175.00
Sell Below 159.40 Target 155.40, 150.00
BANK OF INDIA (250)
Buy Above 252.60 Target 258.35, 265.00
Sell Below 247.55 Target 242.25, 235.00
GOOD LUCK.

Intraday Trading Calls for 18th November

Indian Stock Market may open Nagetive but a smart recovery expected from lower levels and a flat to positive closing expected.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
HPCL (224)
Buy Above 225.80 Target 230.55, 235.00
Sell Below 222.15 Target 218.25, 212.00
INDIABULLS REALEST (101)
Buy Above 102.50 Target 106.40, 112.00
Sell Below 99.40 Target 96.45, 92.00
HDIL (112)
Buy Above 113.65 Target 118.20, 125.00
Sell Below 110.15 Target 106.40, 100.00
ROLTA INDIA (175)
Buy Above 176.45 Target 180.30, 185.00
Sell Below 173.10 Target 170.10, 165.00
NALCO (184)
Buy Above 186.20 Target 190.75, 196.00
Sell Below 181.70 Target 176.50, 172.00
BANK OF BARODA (271)
Buy Above 273.80 Target 280.35, 290.00
Sell Below 269.15 Target 265.10, 260.00
GOOD LUCK.

Stock Idea: Gujarat NRE Coke

As expected, Gujarat NRE Coke, country’s largest independent producer of met coke posted a very performance for the second quarter ended 30th September 2008. The second quarter continues to reflect the boom it had in the prices of coke and coal but the coming months would not start reflecting the fall in their prices.

For Q2FY09, total Income has shown a jump of 4.86 times from Rs.102.07 crores to Rs.496.05 crores, resulting in a surge of 8.19 times in the Net Profit, from Rs.12.55 crores to Rs.102.75 crores. This performance has been a foregone conclusion but what is important now is the coming months.

Like the fall in prices in almost all commodities, right across the board, coke prices have also seen a meltdown. With demand from steel and power units coming down, and globally also prices coming down, realizations for the company too have gone down. Coke prices have gone down by 21% from $700 a tonne in July-August to $500 levels now. And the fall in prices is expected to continue. This means that in the coming months, margins will come pressure and the earnings it has posted for Q2 would remain as history.

The stock price went ex-bonus from 17th October and is currently at levels of Rs.30. The market is discounting the pressure on margins which the company is bound to face in the coming months. But that apart, which is today not an isolated case with just Gujarat NRE but a reality with all companies, all across the globe, the company remains sound. There have been some concerns about the management but these do not hold much truth, its just a perception which simply cannot be corrected. Infact the promoters have hiked their holding in the company by 4.8% through creeping acquisition route during April-October 2008 and it now stands increased at over 45%. It is also going ahead with its plans for the rights issue with differential voting rights (DVR) to the existing shareholders of the company in the ratio of 1 DVR share for 450 existing equity shares at a price of Rs 1,000 per DVR share.

The biggest positive in favour of the company is its sheer size and its operations in Australia. The company’s present coke production capacity of 1.006 million tonne is being expanded in a phased manner to 1.254 million tonne and 2.254 million by 31st March 2009 and 31st December 2010. It is also the only company owning and operating coking coal mines in Australia and both mines are now in production. During the current fiscal the ROM coking coal production from its two mines is expected to be in excess of 1million tonne and brownfield developments are underway to ramp up the production to beyond 7 million tones by 2012/13.
The long term outlook remains positive. Earnings are bound to take a hit as realizations have come down. But if one looks beyond H2, things look good at the current rate.

Source: sptulsian.com

Intraday Trading Calls for 17th November

Indian Stock Market may open Positive with gap up and a good positive closing expected today. Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
IVRCL INFRA (115)
Buy Above 116.70 Target 122.40, 128.00
Sell Below 113.35 Target 109.55, 105.00
PUNJ LLOYED (182)
Buy Above 184.20 Target 189.55, 195.00
Sell Below 180.20 Target 176.45, 172.00
ICICI BANK (395)
Buy Above 398.55 Target 405.40, 415.00
Sell Below 392.15 Target 386.20, 380.00
SATYAM COMPUTER (261)
Buy Above 263.50 Target 268.45, 275.00
Sell Below 259.40 Target 255.20, 250.00
RELIANCE POWER (108)
Buy Above 109.60 Target 112.70, 117.00
Sell Below 106.40 Target 103.35, 100.00
BANK OF BARODA (276)
Buy Above 278.85 Target 285.35, 292.00
Sell Below 274.35 Target 269.10, 263.00
Multibagger: Ankur Drugs & Pharma (531683) CMP Rs. 117/- One Year Target Rs. 300+ GOOD LUCK.

Intraday Trading Calls for 14th November

Indian Stock Market may open Positive with gap up as there are so many good news for Stock Market India: 1. Lower Inflation Rate 2. Lower Crude Oil 3. Better than expected IIP Numbers 4. Global Markets trading higher. So There is about 1000 points gain expected in sensex today.

Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):

TATA STEEL (185)

Buy Above 187.70 Target 192.55, 200.00

Sell Below 183.15 Target 179.55, 175.00

INDIABULLS REALEST (112)

Buy Above 113.80 Target 118.75, 125.00

Sell Below 110.20 Target 107.45, 102.00

HDIL (108)

Buy Above 110.25 Target 115.80, 122.00

Sell Below 107.15 Target 104.20, 100.00

ROLTA INDIA (170)

Buy Above 172.50 Target 178.30, 185.00

Sell Below 168.40 Target 164.70, 160.00

PUNJ LLOYD (192)

Buy Above 194.40 Target 200.15, 210.00

Sell Below 190.40 Target 186.40, 182.00

BANK OF BARODA (282)

Buy Above 284.75 Target 291.35, 300.00

Sell Below 279.15 Target 275.10, 270.00

Multibagger: Ankur Drugs & Pharma (531683) CMP Rs. 120/- One Year Target Rs. 300+ GOOD LUCK.

Multibagger: XL Telecom & Energy Ltd.

XL Telecom & Energy Ltd. (XLTEL) (Code: 532788) (Rs.68.90) has produced excellent Q1FY09 (June – September 2008) results posting 150% higher net profit of Rs.15 cr.
Incorporated in 1985, XLTEL, formerly XL Telecom, is a Hyderabad based company that operates through two divisions: Telecom and Energy. In December 2006, it came out with an IPO of 39,50,000 shares of Rs.10 each at Rs150 per share aggregating Rs.59 cr. for expansion.Its manufacturing facilities at Hyderabad in Andhra Pradesh and Nanded in Maharashtra have annual installed capacities of 500,000 units of cable jointing kits, 2,880 of SMPS plants, 65 MW solar modules, 3 million CDMA phones, and 150,000 litres of ethanol per day. XLTEL used to derive almost 80% sales from Telecom products and the balance 20% from its Energy Division, which comprises two segments – Ethanol and Solar Photovoltaic Systems (SPV). This has drastically come down to just 1.5% from 44% in FY08 (June-end) due to high margin concentration in the energy business.
XLTEL has set up a 120 MW solar photovoltaic cell manufacturing plant in the Rajiv Gandhi Nano Technology Park SEZ at a cost of Rs.360 cr., which is scheduled to commence its operations soon. It recently raised $40 million (Rs.160 cr.) through a FCCB issue to part fund the above project. The FCCBs are convertible after one year but before 5 years post issue. The balance funding of Rs.200 cr. is being financed by a Term Loan from IDBI at 11% p.a.
It has a 3-year exclusive distribution agreement with Forta Im Ex SL, Italy to deliver a minimum of 3 MW solar modules per annum to Europe and collaborations with Alfa Laval, Axesstel, Corning and Kyocera Wireless. During FY08 (June end), XLTEL posted 24% higher sales of Rs.650 cr. and earned 99% higher net profit of Rs.40 cr. yielding an EPS of Rs.21.4.
During Q1FY09, sales have further gone up by 70% to Rs.257 cr. and net profit up by 150% to Rs.15 cr. This net profit of Rs.15 cr. is arrived at after the notional provision of Rs.5.5 cr. towards foreign exchange fluctuation. The company’s equity capital is Rs.18.8 cr. and with reserves of Rs.269 cr., the book value of its share works out to Rs.154. The promoters hold 61% in the equity capital, foreign holding is 29.4%, institutions hold 4.4%, PCBs hold 1.5% leaving 3.7% with the investing public.
XLTEL is looking at establishing series of Solar Farms in Italy, southern France and other European countries generating about 300 MW over 3 years. The first of its solar farm has been established in Majorca, Spain, with an installed capacity of 1.6 MW at a capital outlay of Euro 9.5 millions (Rs.62.7 cr.). The company has submitted bids for three tenders to supply solar energy equipment worth Rs.640 cr. in Europe. XLTEL has received TUV Certification for quality assurance from Germany that will act as a major catalyst for exports to Europe. The company has signed a Power Purchase Agreement (PPA) for 25 years with a Spanish utility company. The project is expected to generate about Euro 19 million in revenues over its initial life with almost negligible maintenance costs.
It has signed a 5-year contract with LDK under which, LDK Solar will deliver approximately 300 MW of multi-crystalline silicon solar wafers to XLTEL over a 5-year period, commencing in Q1FY09 and extending through 2013. Looking at the growing global demand for Non-Conventional Energy Power Generation in the global market place, XLTEL, as a part of its strategy to be a serious player, has decided to embark on forward integration in the solar value chain by entering the EPC segment of solar farm establishment and into power generation using Solar Technologies.
Globally, the solar photovoltaic market is estimated at $16 billion and is expected to touch $65 billion by 2012, which provides ample opportunity for the growth of XLTEL. XLTEL is likely to achieve sales of Rs.1000 cr. for FY09 June year end. Net profit is likely to go up by 50% to Rs.60 cr., which would give an EPS of Rs.32. At the CMP of Rs.68.90, the share is trading at a P/E of just 2.1 on its estimated EPS of Rs.32 for FY09 and offers potential for further gain of about 40% in the medium-term. The 52-week high/ low of the share has been Rs.595/58.
Source: Internet (Moneytimes)

Multibagger:Logix Microsystems Ltd.

Logix Microsystems Ltd.
BSE Code: 532341
NSE Code: LOGIXMICRO
Last Close: Rs.48.65
Logix Microsystems Ltd. (LML) is a Bangalore based company and has a long client list like GE, ABB, HP, Philips, LG Polymers, Hoechst, ABN AMRO, etc. The company’s equity capital is just Rs.12.25 cr. while it has huge reserves of over Rs.165 cr. i.e. 13.4 times its equity capital. Foreign holding in this company is around 48.12% while the promoters hold 22.60%, corporate bodies hold 11.37% and the Indian public holds only 15.94%. LML has posted marvellous Q2FY09 results. Net sales zoomed by 50.38% while net profit zoomed 123.81% to Rs.4.23 cr. In H1FY09, its sales zoomed by 55.60% while net profit zoomed 177.84% to Rs.9.53 cr. Its EPS was Rs.7.77. Its 52-week high/low is Rs.393/48, which means that the stock is available at a very low price. The company paid 40% dividend (Rs.4 per share) to shareholders FY08. At the current level, the stock yields 8.33% tax-free dividend. The stock is traded at a P/E ratio of just 4.
At the current level, the LML stock looks attractive for short-to-long-term investment. Buy at every lower level with a stop loss of Rs.38. On the upper side, the stock will go up to Rs.63 level. Crossover can take the stock to Rs.81 level in less than 6 months and it can touch Rs.110 level in less than 15 months.

Source: Internet (Moneytimes)

Multibagger: Titan Industries

Multi Bagger:Titan Industries Recommended Price 934.50
PN Vijay, Portfolio Manager Report Dated: Nov 11, 2008
Company Profile: Titan Industries is one of the fastest growing companies in the Consumer Goods & Luxury space in India. It is a leading manufacturer of watches and jewelry and has recently forayed into eyecare segment.The company was established in 1984 as a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation. By mid nineties, it became India’s largest player in the watch industry overtaking HMT. It launched its first brand Sonata in 1998, and hasn’t looked back since then. At present, the company operates in all ranges (popular/midrange and premium) with its bouquet of brands – Sonata, Titan, Titan Raga, Fastrack, and Xylus. It also introduced global brands such as Tommy Hilfiger and Hugo Boss into India. Currently, the company has a total network of 243 ‘World of Titan’ and 12 Sonata showrooms.In 1995, the company diversified into jewelry under Tanishq. Its pioneering role as a first mover played an important role in a fragmented market. Later on the company launched its second Jewelry brand, Gold Plus. The network has expanded to 114 Tanishq boutiques and 28 Gold plus stores.Titan has now diversified into fashion Eyewear by launching Fastrack Eye-Gear sunglasses, as well as Prescription Eyewear. The company has currently 30 stores and plans to cross the 150 mark by FY11.

Titan had an excellent quarter with the Sales and Net Profits going up 53% and 88% respectively. All segments grew in strong double digits with the mature Watch business growing 19% and Jewelry an impressive 71% (aided by higher Gold prices) and the newly created Eyewear – a scintillating 94%. What was gratifying was that all this growth was achieved with an improvement in margins across segments.The profits got translated into Earnings per share(EPS) growth of 88% with the EPS itself amounting to Rs 19.63 for Q2 of FY0809. For the half year, Titan has shown Sales and Profit growth of 38% and 104% respectively. The momentum in Eyewear makes us believe that going forward also, this growth trajectory is sustainable.

Investment Positives: Titan has reported a strong growth in its revenues, EBIDTA and PAT. Further, all its segments (Watches, Jewelry and Eyewear) have taken part in this growth. Titan operates in the sector which to a large extent is insulated from commodity and interest rate meltdowns. Its foray into Eyewear has been a success and it now has three distinct growing business segments. Titan always had a problem of high valuations but this has been corrected in the recent 40% fall in its share price in the stock market crash inspite of the impressive profit growth.

Concerns: In case of sudden fall in consumer spending, demand for Titan’s products which are upmarket will be affected.If Gold prices move up sharply, the fortunes of its Jewelry business are bound to suffer.

Recommendation: Titan is one of the most admired brands in all the segments it operates in. The company has shown a very robust growth in the past and continues to surpass the street expectations with its stellar numbers. Company’s recent foray into Eyewear has put it into a new league among specialty retailers. With the stock price correcting substantially in the recent stock market crash, we believe the valuations are very attractive. The stock is quoting at 17x FY09E EPS, which leaves excellent scope of appreciation considering that the Net profits are likely to go up by around 60%. We recommend a strong BUY with a one year price target of Rs 1500.

Source: Internet (Poweryourtrade.com)

Stock Idea: Punj LLoyd

This is one company which has been advertising extensively on television, even in these difficult times of a slowdown. But one look at the second quarter performance of the company indicates why the company is go gung-ho and foresees no need to cut down on advertising.

For the second quarter ended 30th September 2008, the net sales rose 54% at Rs.2926.05 crore on a YoY. Its EBIDTA was up 77% at Rs.363 crore. Consolidated PAT was up a healthy 61% at Rs.144 crore.

Interest costs have gone up by around 25% during Q2FY09. Though this cost is not expected to come down soon, the fall in the prices of commodities is expected to offset the rise in interest cost.

During the quarter the company bagged orders from Qatar Petroleum for over Rs.3636 crore and GVK Power of Rs.1005 crore amongst others. Its subsidiary, Punj Lloyd Upstream won its first drilling contract in Libya from Waha Oil Company.

The order backlog currently stands at over Rs.21,000 crore of which only 21% is from the Indian operations. This company also get carried away with the boom in realty and ventured into the sector. For now, it has slowed down but its exposure stands at Rs.100 crore (around 15 acres of land), which in the overall macro picture of the company is not too much.

For Q2FY09, the company had a OPM of around 9% and in the remaining two quarters of this fiscal, it hopes to either maintain it or even post higher margins. It plans to focus on markets in West Asia, North Africa, Sub-Sahara and Africa

Source: sptulsian.com

Intraday Trading Calls for 12th November

Indian Stock Market may open flat to Nagetive but remains very volatile throughout the day today. A flat to positive closing expected.

Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
AGRO TECH FOODS (112)
Buy Above 113.80 Target 117.45, 122.00
Sell Below 110.15 Target 106.55, 102.00
INDIABULLS REALEST (130)
Buy Above 131.75 Target 135.40, 140.00
Sell Below 128.20 Target 124.45, 120.00
HPCL (200)
Buy Above 202.25 Target 208.65, 215.00
Sell Below 197.75 Target 193.20, 188.00
BPCL (303)
Buy Above 305.80 Target 312.10, 320.00
Sell Below 300.10 Target 295.55, 290.00
CIPLA (201)
Buy Above 202.85 Target 206.15, 210.00
Sell Below 199.40 Target 195.20, 191.00
CORE PROJECTS (58) Short to Med Term Target Rs. 100+
Buy Above 59.25 Target 62.35, 65.00
Sell Below 57.15 Target 55.10, 52.00

Multibagger: Ankur Drugs & Pharma (531683) CMP Rs. 122/- One Year Target Rs. 300+

GOOD LUCK.

Intraday Trading Calls for 11th October

Indian Stock Market may open flat to positive but remains very volatile throughout the day today.

Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):

RCOM (235)

Buy Above 237.60 Target 242.45, 250.00

Sell Below 233.15 Target 228.20, 222.00

INDIABULLS REALEST (153)

Buy Above 155.65 Target 160.20, 165.00

Sell Below 151.40 Target 147.25, 142.00

HPCL (213)

Buy Above 214.80 Target 220.55, 227.00

Sell Below 210.55 Target 205.30, 200.00

BPCL (320)

Buy Above 322.70 Target 330.10, 338.00

Sell Below 317.20 Target 312.55, 305.00

GREAT OFFSHORE (359)

Buy Above 362.75 Target 370.45, 380.00

Sell Below 356.40 Target 348.20, 340.00

HCL TECH (169)

Buy Above 171.25 Target 175.35, 180.00

Sell Below 167.40 Target 163.25, 158.00

GOOD LUCK.

Intraday Trading Calls for 10th November.

Indian Stock Market may open positive with gap up, remains positive and good Positive closing expected today.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):

HDIL (117)
Buy Above 118.60 Target 124.35, 130.00
Sell Below 115.50 Target 112.20, 108.00
INDIABULLS REALEST (157)
Buy Above 158.65 Target 162.75, 168.00
Sell Below 155.40 Target 151.25, 147.00
BANK OF BARODA (292)
Buy Above 294.80 Target 301.55, 310.00
Sell Below 289.55 Target 284.30, 278.00
KSK ENERGY (140)
Buy Above 142.60 Target 148.55, 155.00
Sell Below 138.20 Target 134.45, 128.00
STERLITE INDUSTRIES (246)
Buy Above 248.75 Target 254.45, 262.00
Sell Below 244.20 Target 239.20, 234.00
CORE PROJECTS (56)
Buy Above 57.25 Target 60.35, 64.00
Sell Below 54.70 Target 52.20, 49.00

Others for Intraday: CANARA BANK, UNION BANK, YES BANK, BANK OF INDIA, TATA STEEL, ADHUNIK METALIK.

GOOD LUCK.

Stock Idea: Allcargo

Looking at the financial performance of AllCargo, it would be difficult to imagine that the world is going through a slowdown. A company which moves goods is the first to feel the pinch but there seems to be no stopping this company.

Defying all logic, the company, for the third quarter ended 30th September 2008, on a YoY posted a 56% rise in consolidated net sales. Though operating expenses went up by 51%, its EBIDTA was up a whopping 153%. Net profit for the period was up by an unbelievable 145% at Rs.42.05 crore. The consolidated results includes financial results of the direct / indirect subsidiaries, viz: Allcargo Belgium N.V., Hindustan Cargo Ltd and Contech Transport Services Pvt. Ltd. The performance of the company also includes that of Project and equipment division of Transindia Freight Services, which was merged with company in this fiscal. The merger of this company to a large extent has been responsible for the phenomenal performance.

Multimodal Transport Operation (MTO) segment registered significant growth of 60% and this was mainly on account of the Project division. The Container Freight Station (CFS)& Inland Container Depots (ICD) revenue has increased by 90%. The equipment hiring unit was a new contributor and it added Rs.10.31 crore to the topline.

Allcargo now has a fleet of 333 trailers, 51 forklifts, 53 cranes and 18 Reach stackers. The company has stated that it is adequately funded and does not expect to feel any impact of the slowdown. Being diversified, with operations globally and in India, the company is better equipped to sail through this global meltdown. Infact it is taking this opportunity of the slowdown to scout around for acquisitons overseas and plans to finalise them if the pricing is good.
Currently at Rs.404 levels, it has bounced back sharply from the low of Rs.272. Buy if it goes below Rs.300 for long term.

Source: sptulsian.com

Stock Idea: BHEL

The effect of the slowdown cannot be seen in this PSU capital goods company. Infact it seems to be business as usual, with orders burgeoning as has always been the trend.

For the first half ended 30th September 2008, BHEL posted a 31% rise in net sales on a YoY. The value of production (net of excise duty) has also improved by 34.07%. Other operating income was at Rs.599 crore which included one time interest income of Rs.267 crore on IT refund of earlier years. PAT was at Rs.1000.20 crore as against Rs.976.60 crore (Rs.847.60 crore excluding interest on IT refund) in Q2FY08.

Orders worth Rs.14,350 crore were received during the current Q2 and order outstanding currently is at about Rs.1,04,000 crore. So the company continues to have the issues of a huge backlog and unless the expanded facility or new facility does come up soon, this burgeoning issue of order backlog will continue to dog the company.

Wage revision is also a big issue, infact the biggest bane of PSUs. For BHEL, the provision for wage revision was reassessed in the current year at Rs.1907 crore for the period from 01.01.07 to 31.03.09. Amount already provided upto 31.03.08 was Rs.594 crore. Balance Rs.1313 crore is being provided in the year 08-09. In the first 2 quarters of 08-09, Rs.547 crore has been provided. This wage revision is about 5% of the market share of the turnover and will continue to remain so for the next 2- 3 years, denting the margins.

The stock price has recovered strongly from the low of Rs.984. Stay invested and if it touches the same low levels again, best time to pick up the stock then.

Source: sptulsian.com

Intraday Trading Calls for 07th November

Indian Stock Market may open Nagetive but Sharp recovery expected from lower levels and good Positive closing expected today.

Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):

HDIL (117)

Buy Above 118.60 Target 124.35, 130.00

Sell Below 115.50 Target 112.20, 108.00

INDIABULLS REALEST (155)

Buy Above 156.20 Target 160.10, 165.00

Sell Below 153.40 Target 149.25, 145.00

JP ASSOCIATES (84)

Buy Above 84.80 Target 87.75, 92.00

Sell Below 82.45 Target 78.30, 74.00

HPCL (201)

Buy Above 203.20 Target 208.55, 215.00

Sell Below 198.40 Target 194.35, 190.00

PUNJ LLYOD (199)

Buy Above 200.75 Target 207.65, 215.00

Sell Below 197.40 Target 193.20, 188.00

RPL (83)

Buy Above 84.20 Target 87.45, 92.00

Sell Below 82.10 Target 79.10, 75.00

Others for Intraday: BPCL, IOC, GAIL INDIA, ONGC.

Penny Stock Tip: Kaashyap Technologies 532283 (0.67) Target Rs. 4-5/-

GOOD LUCK.

Multibagger: Sarda Energy & Minerals Ltd

Multi Bagger: Sarda Energy & Minerals Ltd Recommended Price Rs 60.35
By Ashish Chugh, Investment Advisor Report Dated: Nov 04, 2008

Sarda Energy & Minerals Ltd.Sarda Energy & Minerals Ltd., formed through the merger of Raipur Alloys & Steel Ltd. And Chhattisgarh Electricity Company Ltd. Is a fully ntergrated steel manufacturer. The company has a captive Iron Ore, Manganese Mines and Coal Sources. The company also has a captive power plant which provides it a clear competitive advantage enabling the company to produce at most competitive costs. The company is a manufacturer of Sponge Iron, Ferro Alloys and Rolled products. We expect to benefit from this edge in 2008-09 and beyond. The company’s has a 250-hectare plant located in Raipur with a dedicated 8-km water pipeline from the Kharoon river to the plant for uninterrupted water supply.Self Sufficiency in Critical Inputs:The company is 100% self sufficient in its energy needs, which is the most critical input in ferro alloys and steelmaking.The company has a 48MW Power plant sufficient to meet ts own power requirements.The company’s operational Iron Ore mine has reserves of nearly 20 million MT. In addition, the Company has got an in-principle approval from the Government of India for five more mines possessing sufficient reserves to meet its requirement for the next 25 years. The Company secured coal reserves of more than 100 million MT. The first mine with reserves of 67 million MT has been commissioned. As regard Manganese Ore, the company acquired mining rights from private parties in Goa. In addition, reconnaissance permits/ in-principle approvals were granted in favour of the Company for three mines in Madhya Pradesh.Low Cost Producer:The company is a low cost producer on account of its vertical integration, economies of scale and reduced dependence on the external market for supply of critical inputs. The Company had foreseen the need to secure raw material resources more than a decade ago and had taken adequate steps in that direction. The company today is completely integrated from iron ore to finished steel for end users. The availability of captive resources within a radius of 250 km from its manufacturing facility significantly saves logistic costs.

In the quarter July-Sep 08, the company total income is up to over 150% to Rs 348 crores, PBT and PAT have roughly doubled to Rs 58.12 crores and Rs 46.64 crores respectively over the same period last year. The EPS on TTM basis comes to over Rs 55. The stock thus trades at a PE multiple of just over 1.

Conclusion: Sarda Energy may be better placed than many other steel manufacturers to compete in a difficult environment on account of its raw material linkages. Even though steel prices are on a decline, we believe the drop in the stock price of Sarda Energy from a High of Rs 695 to the current price of Rs 60 is largely overdone. Investors may choose to buy the stock for a 50-100% gain over the next few months. However, a close watch needs to maintained on Steel Cycle and any indications of the prices stabilizing/ inching upwards after the fall witnessed recently may lead to upward rerating of the stock. The short term downside from the current levels looks negligible.

Intraday Trading Calls for 05th November

Indian Stock Market may open positive but profit booking expected at higher levels so remains very volatile throughout the day today. A positive closing expected today also.

Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):

HDIL (144)
Buy Above 145.60 Target 149.35, 155.00
Sell Below 142.70 Target 138.50, 132.00
CAIRN INDIA (144)
Buy Above 145.80 Target 150.00, 155.00
Sell Below 142.40 Target 138.25, 132.00
KS OILS (42)
Buy Above 43.20 Target 45.75, 48.00
Sell Below 41.20 Target 39.20, 36.00
BARTRONICS INDIA (92)
Buy Above 93.80 Target 98.55, 105.00
Sell Below 90.50 Target 87.05, 82.00
PUNJ LLYOD (204)
Buy Above 206.65 Target 212.55, 220.00
Sell Below 201.40 Target 196.40, 190.00
RPL (94)
Buy Above 95.20 Target 98.40, 102.00
Sell Below 92.70 Target 90.10, 86.00

Multibaggers: Andhra Petro (500012), Adhunik Metalik (532727), Prithvi Info (532675), GTC (500151), Ansal Buildwell (523007).

GOOD LUCK.

Intraday Trading Calls for 04th November.

Indian Stock Market may open flat to positive but profit booking expected at higher levels so remains very volatile throughout the day today.

Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
HDIL (138)
Buy Above 139.80 Target 144.35, 150.00
Sell Below 136.70 Target 133.40, 128.00
HPCL (208)
Buy Above 210.60 Target 216.75, 225.00
Sell Below 205.40 Target 200.10, 194.00
HUL (238)
Buy Above 240.40 Target 244.60, 250.00
Sell Below 236.20 Target 232.70, 227.00
CIPLA (175)
Buy Above 176.75 Target 180.25, 185.00
Sell Below 173.50 Target 170.05, 166.00
JSW STEEL (312)
Buy Above 315.80 Target 322.45, 330.00
Sell Below 309.40 Target 302.40, 294.00
BANK OF INDIA (247)
Buy Above 249.60 Target 255.75, 264.00
Sell Below 244.50 Target 240.10, 235.00

Multibaggers: RPIL (526407) Adhunik Metalik (532727), Prithvi Info (532675), GTC (500151), Ansal Buildwell (523007).

GOOD LUCK.

Stock Idea: KS Oils Ltd.

K S Oils Ltd. (KSOL) is a 23-year old Morena (Madhya Pradesh) based company established in 1985. It is a leading integrated edible oil manufacturing company with its product range constituting mustard and soya bean oils. The company has five manufacturing plants with marketing offices and plantations in India, Malaysia, Indonesia and Singapore. Its business can be broadly classified into five divisions viz. Oil, Refinery, Vanaspati, Solvent and Power. Mr. Ramesh Chand Garg is the chairman while Mr. Sanjay Agarwal is the managing director of the company. KSOL has renowned brands like Kalash, Double Sher and K. S. Gold, which comprise a range of healthy cooking oil brands in mustard, refined oil and vanaspati. All its manufacturing plants are located in the rich mustard growing belt of Madhya Pradesh and Rajasthan in India.
Beginning operations in 1989 the company ventured into mustard oil with an oil mill having a crushing capacity of 150 tonnes per day (TPD). In 1992-93, it undertook its first major expansion with a building and commissioning its Solvent Extraction Unit (SEU). In 1995, it expanded its refinery operations as a development module. During 2001, a vanaspati unit of the company with a capacity of 150 TPD production was set up and also commissioned in the same year. To improve its packaging system, a High Density Polythylene Jar manufacturing unit was started in 2002. In 2006, the company acquired oil mills on lease with production capacities of 225 TPD. Further, it has received in-principle approval for allotment of 2000 hectares of waste land in Morena District from the Government of Madhya Pradesh for cultivation of Jatropha for the production of Bio-diesel. During 2007, it acquired an edible oil plant at Jodhpur, Rajasthan and made a strategic tie-up with a plant in Alwar, Rajasthan, to enhance production. KSOL ventured in the power sector by commissioning wind turbines of 2.5 MW. Also it added 28 windmills with capacity of 24 MWs in 2008. The company’s journey as a global player began in 2008 when it became the first Indian company to acquire palm plantations abroad. Its plantation in Indonesia occupies 50,000 acres (20,000 ha) is estimated to supply 80,000 tonnes of oil to its manufacturing and refining plants in India.

KSOL, today, is a leading supplier of edible oils to the Indian defence forces and this tradition has been maintained for the past few years. The company has made concerted efforts to move up from a mustard oil producing company to a market focused FMCG brand company. The opportunity in the Indian markets is huge. Statistics reveal that the 6 northern states consume 90% of the mustard oil produced in the country, which throws up a market opportunity of over 50 crore customers.
Performance: The company has been posting consistently improved results quarter after quarter. During FY08, it clocked a net sales income of Rs.2044.30 cr. with a net profit of Rs.120.70 cr. posting an EPS of Rs.4.48 per share with a face value of Re.1.
Financial Highlights: (Rs. in lakh) Latest Results: In tune with its earlier performances, the company has reported encouraging Q2FY09 results registering a net sales income of Rs.733.60 cr. with net profit of Rs.42.22 cr. recording a basic EPS of Rs.1.27 and a diluted EPS of Rs.1.25. The annualised basic EPS works out to Rs.5.08 and diluted EPS of Rs.5 (FV: Re.1).
Share Profile: The shares of KSOL are listed and traded on the BSE under the B group. Its share touched a 52-week high/low of Rs.142/38. At its current market price of Rs.38.90, it has a market capitalisation of Rs.1333 cr. Dividends: The company has been paying dividends as shown below: FY08 - 18%, FY07 - 15%, FY06 - 12%, FY05 - 10%.
Shareholding Pattern: The promoter holding in the company is 33.31% while the balance 66.69% is held by non-corporate promoters, institutions, others and the Indian public. Among mutual funds, Kotak has added the company’s shares to its various schemes.
Prospects: Today, India accounts for 7% of the global oilseeds and oil meal production and 10% of the global consumption of edible oil. With the edible oil market size placed at Rs.67,500 cr. and the branded segment commanding 15% market share, the market opportunity is huge. Also, with modern retail formats limited to just 3%, the penetration opportunity is mind boggling. Lastly, with the improvement in the lifestyle of the Indian consumer, healthy living will be a priority, which will create an immense opportunity for the edible oil sector. The latest report from FICCI suggests that the branded edible oils market is 5 expected to grow by 20% per annum, which will not only spur the demand for edible oils but will also drive the demand towards branded and organised edible oil players. India is also witnessing an increase in lifestyle diseases like heart ailments and cardio vascular illness, which is said to be much higher than other nations. This calls for healthy edible oil and mustard being among the world's most heart friendly oil, consumers will be eager to adapt to qualitative mustard oil brands.
Conclusion: KSOIL is one of the top five edible oil companies in India. Moreover, with its global foray, changing lifestyles and health consciousness among the vast middle class is expected to have a beneficial impact on the company. At its current market price of Rs.39, its share price is discounted less than 8 times its estimated earnings. It is worth mentioning that the company has been able to post much better results in the present economic downtrend. Moreover, with the shortage of food expected worldwide, the prospects for companies like KSOL is extremely good. This share may be picked up in small parcels. The share offers a good investment opportunity to discerning investors with a medium-to long- term outlook.

Source: Internet (moneytimes)

Stock Idea: Areva T&D India Ltd.

Areva T&D India Ltd for the third quarter ended 30th September 2008 has managed to maintain its growth. The company's net sales rose 35.57% on a YoY to Rs 586.46 crore. Operating profit grew by 11% at rs.85 crore. Profit after tax of Rs 52.31 crore for the quarter was up by 8.89%.

During the third quarter, the company made significant additions to its customer list and secured major contracts from Bhilai Steel Plant worth Rs.221 crore. Areva will provide the transmission and distribution services to the steel plant. The power company will also supply substations to the steel plant and revamp its existing substations. The company expects to complete the project by October 2010.

It also got an order from RRVPNL Hybrid substation and distribution transformers for wind energy segment, a first for the company.

Unlike other sectors which are facing a major slowdown, power is one sector which simply cannot afford to slowdown and irrespective of the financial crisis, companies are going ahead full swing with their power projects. And reflecting this, Areva is going ahead with its expansions, with six new factories at three greenfield sites at Baroda, Hosur and Chennai Padappai ready for production by March 2009.
Areva T&D makes a good long term buy at the current levels as its prospects for the year remains good.

Source: sptulsian.com

Intraday Trading Calls for 03rd November.

Indian Stock Market may open positive with gap up and remains positive with high volatility throughout the day today.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
BANK OF BARODA (241)
Buy Above 243.60 Target 248.75, 255.00
Sell Below 239.20 Target 234.40, 228.00
INDIABULLS REALEST (120)
Buy Above 121.50 Target 126.60, 132.00
Sell Below 118.40 Target 114.15, 110.00
SATYAM COMPUTER (305)
Buy Above 307.20 Target 312.65, 320.00
Sell Below 302.40 Target 296.35, 290.00
CORE PROJECTS (62)
Buy Above 63.25 Target 66.25, 70.00
Sell Below 60.50 Target 57.60, 54.00
WELSPUN GUJARAT (115)
Buy Above 116.80 Target 120.35, 125.00
Sell Below 113.40 Target 110.15, 105.00
KOTAK BANK (337)
Buy Above 339.50 Target 346.50, 355.00
Sell Below 334.55 Target 328.10, 320.00
Multibagger: Buy Prithvi Information 532675 CMP Rs. 37.40/- For Target Rs. 100+ (Short to Med Term Target) Rs. 200+ (Long Term Target).
GOOD LUCK.