Wednesday, April 29, 2009

Investment Pick: Noida Toll Bridge

Noida Toll Bridge had posted better results for year ending 31st March 09 with total income at Rs.79.21 crores against Rs.66.39 crores of FY 08. PBT improved to Rs.39.86 crores against Rs.31.78 crores, inspite of a drop in other income to Rs.1.14 crores in FY 09 against Rs.5.50 crores of FY 08. Interest liability for the year, remained stagnant at Rs.14.92 crores againstRs.14.87 crores, of FY 08.

Average daily traffic in FY 09 rose to 99,734 vehicles against 84,261 vehicles in FY 08, registering a growth of 18%. Since, the company collects toll from each vehicle, its income for the year also rose by 19% in FY 09. Average traffic on Mayur Vihar Link, for FY 09, was at 12,350 vehicles per day while it was at 13,632 vehicles in March 09, quarter, showing a case of rising trend of vehicles using it.

PAT of the company, for FY 09 is placed at Rs.33.69 crores (Rs.27.98 crores) resulting in an EPS of Re.1.81 for FY 09. The company adopted guidance note on “Accounting for Service Concession Agreement” issued by ICAI, whereby, Delhi Noida Link Bridge, which was earlier shown as fixed assets, is now shown as intangible asset w.e.f. 01-04-08. Intangible asset is shown at cost, being fair value of construction services. Due to this change, depreciation for FY 09 is lower by Rs.4.97 crores, thus increasing profit to that extent. Earlier, when it was taken as fixed assets, depreciation was provided on straight line method taking life of 62 years, but now, estimated useful life of bridge has been considered as 100 years and intangible assets is amortized over the same life.

Apart from this, the income flow of the company will come from development rights of 235 acres of land, of which, 200 acres are at Noida side while 35 acres at South Delhi side.

Share now ruling at Rs.27 translates into a market capitalization of just Rs.500 crores and even considering debt, the enterprise value works out to, less than Rs.700 crores. Once, the company is able to get clearance of land development, we will see good rise in share price from Rs.27. Advised to hold and even buying can be made at the current levels with 6 months view.

Source: www.premiuminvestments.in (By S P Tulsian)

Intraday Trading Calls for 29th April

Stock Market India may open flat to Negative and may see high volatility at mid-session but it may close flat to positive for the day today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

INDIABULLS REALEST

Buy Above

124.70

130.15

135.00

Sell Below

121.80

118.25

114.00

KALINDI RAIL NIRMAN

Buy Above

108.25

113.05

118.00

Sell Below

105.45

101.35

98.00

HDIL

Buy Above

140.50

145.05

150.00

Sell Below

138.35

135.05

131.00

AREVA T&D

Buy Above

202.75

208.45

215.00

Sell Below

199.70

195.10

190.00

TATA ELXSI

Buy Above

107.60

112.15

118.00

Sell Below

104.25

100.10

96.00

REL POWER

Buy Above

127.25

130.60

135.00

Sell Below

124.70

121.35

118.00

GMR INFRA

Buy Above

110.10

114.05

118.00

Sell Below

107.40

104.20

100.00

Short to Medium Term Delivery Pick:

Buy NOIDA TOLL BRIDGE COMPANY LTD. (532481) CMP Rs. 28/- Target Rs. 38-45.

GOOD LUCK

Tuesday, April 28, 2009

Intraday Trading Calls for 28th April

Stock Market India may open flat to positive and may see high volatility at mid-session but it may remains positive for the day today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

3I INFOTECH

Buy Above

44.75

47.35

50.00

Sell Below

43.70

42.10

40.00

BLUE STAR

Buy Above

171.25

176.50

182.00

Sell Below

168.40

164.20

160.00

BATA INDIA

Buy Above

126.70

131.10

135.00

Sell Below

123.40

120.05

116.00

AREVA T&D

Buy Above

218.25

224.35

230.00

Sell Below

214.70

210.10

205.00

PETRONET LNG

(532522)

Buy Above

52.60

54.75

57.00

Sell Below

51.40

49.30

47.00

BANK OF BARODA

Buy Above

315.50

321.75

328.00

Sell Below

311.40

305.10

298.00

PITTI LAMINA

(513519)

Buy Above

28.50

30.65

33.00

Sell Below

27.50

26.00

25.00

GOOD LUCK

Monday, April 27, 2009

Intraday Trading Calls for 27th April

Stock Market India may open flat to positive and may see some profit booking at mid-session but it may remains positive for the day today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

ADLABS

Buy Above

237.80

245.10

252.00

Sell Below

233.50

228.15

222.00

REL POWER

Buy Above

133.60

137.45

142.00

Sell Below

131.70

128.10

124.00

TATA STEEL

Buy Above

262.75

269.45

278.00

Sell Below

257.40

252.35

245.00

SUN TV

Buy Above

193.70

198.15

205.00

Sell Below

190.40

186.10

181.00

PETRONET LNG

(532522)

Buy Above

53.75

57.20

62.00

Sell Below

52.40

49.50

47.00

ORCHID CHEMICAL

Buy Above

104.60

110.45

118.00

Sell Below

102.35

97.35

91.00

GVK POWER

Buy Above

30.10

32.40

35.00

Sell Below

28.70

27.10

25.00

Short to Medium Term Delivery Pick:

Buy PETRONET LNG (532522) CMP Rs. 53/- Target Rs. 75/-.

Buy Kalindi Rail Nirman (522259) CMP Rs. 114/- Target Rs. 145-160. (Accumulate at decline)

GOOD LUCK

Friday, April 24, 2009

Intraday Trading Calls for 24th April

Stock Market India may open flat to positive and may see some profit booking at mid-session but it may remains positive for the day today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

INDIABULLS REALEST

Buy Above

146.75

151.45

155.00

Sell Below

144.30

140.10

136.00

REL POWER

Buy Above

128.70

133.10

138.00

Sell Below

126.60

122.80

119.00

RAIN COMMODITIES

Buy Above

92.60

96.45

101.00

Sell Below

90.40

87.35

84.00

TORRENT POWER

Buy Above

100.60

105.10

110.00

Sell Below

98.50

94.15

90.00

IVRCL INFRA

Buy Above

161.20

165.40

170.00

Sell Below

158.40

154.30

150.00

LANCO INFRA

Buy Above

236.25

242.15

250.00

Sell Below

233.40

228.15

222.00

BAJAJ HIND

Buy Above

75.60

78.55

82.00

Sell Below

74.20

71.45

68.00

GOOD LUCK

Stock Idea: Yes Bank

Yes Bank has posted good results for Q4 with total income rising to Rs.656 crores against Rs.494 crores in the corresponding quarter of the previous year. PAT for the quarter is at Rs.80.11 crores against Rs.64.50 crores, resulting in an EPS of Rs.2.70 for Q4, against Rs.2.18 of the corresponding quarter of the previous year.

On an annualized basis, the performance of the bank has been quite exemplary with total income at Rs.2,438 crores against Rs.1,665 crores of FY 08 while EPS for FY 09 touched in double digit at Rs.10.25 against Rs.7 of FY 08. It has been feared that NPAs of bank will rise, due to defaults and slowdown, but, this has not seen happening adversely in case of the bank. Net NPA of the Bank, as at 31-03-09, has been at 0.33%, while gross NPA is at 0.68% with capital adequacy ratio of 16.63%. Even, average return on assets has been at 1.52% on annualized basis.
Share touched its 52 week low of Rs.41, on 9th March 09, when all the private sector banking stocks took a beating. Since then, it has been going up and now ruling at Rs.77, which discounts its historic earnings by less than 8 times. It is certain to see growth from bank, even in FY 10 and an EPS of Rs.12 is most likely, which discounts the current price by about 6.50 times. Those who have 6 months view can expect the share price to move in three digits. Price behaviour of this stock remind us of old price movement pattern of HDFC Bank, about 12 years back, which has now become a private sector giant. This Bank also has all such ingredients to grow big in the long run.
Source: www.premiuminvestments.in By S P Sulsian

Thursday, April 23, 2009

Intraday Trading Calls for 23rd April

Stock Market India may open Negative but a recovery expected from lower levels and a positive closing expected today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

TATA ELXSI

Buy Above

110.05

115.15

121.00

Sell Below

107.35

103.25

98.00

JAIPRAKASH ASSOCIATES

Buy Above

114.60

118.10

122.00

Sell Below

111.70

108.25

104.00

GLENMARK PHARMA

Buy Above

201.60

207.25

212.00

Sell Below

198.50

193.20

188.00

AMBUJA CEMENT

Buy Above

80.20

83.70

88.00

Sell Below

78.40

75.50

72.00

GVK POWER

Buy Above

27.60

29.75

32.00

Sell Below

26.50

25.15

23.00

REL POWER

Buy Above

126.80

130.10

134.00

Sell Below

124.70

121.25

118.00

3I INFOTECH

Buy Above

41.60

43.75

46.00

Sell Below

40.20

38.10

36.00

Keep an Eye on All CEMENT STOCKS for Intraday Today.

J K Lakshmi Cement, Prism Cement, ACC, Madras Cement, Mysore Cement etc.

GOOD LUCK

Tuesday, April 21, 2009

Intraday Trading Calls for 21st April

Stock Market India may open Negative with gap down as all global markets trading lower. A negative closing expected today with very high volatility.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

REL CAPITAL

Buy Above

527.80

535.45

545.00

Sell Below

521.40

510.35

495.00

SIEMENS

Buy Above

321.80

328.20

335.00

Sell Below

317.40

310.55

300.00

GLENMARK PHARMA

Buy Above

201.60

207.25

212.00

Sell Below

198.50

193.20

188.00

HPCL

Buy Above

269.50

275.15

280.00

Sell Below

267.10

262.20

257.00

UTV SOFT

Buy Above

297.60

304.40

310.00

Sell Below

293.40

288.65

282.00

PRAKASH IND

(506022)

Buy Above

69.50

72.15

75.00

Sell Below

68.30

65.35

62.00

GMR INFRA

Buy Above

120.25

123.75

128.00

Sell Below

118.45

115.10

111.00

GOOD LUCK

Monday, April 20, 2009

Intraday Trading Calls for 20th April

Stock Market India may open Positive and remains positive for the day today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

Bank of Baroda

Buy Above

298.65

305.10

312.00

Sell Below

394.70

389.40

384.00

YES BANK

Buy Above

71.25

74.45

78.00

Sell Below

69.40

66.55

63.00

DCHL

(532608)

Buy Above

56.70

59.20

62.00

Sell Below

55.40

53.25

51.00

NAV BHARAT VENTURES

Buy Above

185.75

191.35

196.00

Sell Below

183.20

179.50

175.00

IRB INFRA

(532947)

Buy Above

105.10

109.60

114.00

Sell Below

103.40

100.05

96.00

REL POWER

Buy Above

116.70

121.25

125.00

Sell Below

114.35

111.20

108.00

GMR INFRA

Buy Above

110.05

113.60

118.00

Sell Below

108.20

105.45

102.00

Short to Medium Term Delivery Buy:

INDIABULLS SECURITIES (532960) CMP Rs. 32/- Target Rs. 45/-

SPICE MOBILE (517214) CMP Rs. 11.78/- Target Rs. 18-20.

GOOD LUCK

Disclaimer

The information in this publication is provided by http://www.moneybazzar.blogspot.com/ is intended for use for Readers & Traders . Every effort is made to provide accurate information, but http://www.moneybazzar.blogspot.com/ cannot guarantee the accuracy of the information or of the market analysis. This is a newsletter and is for informational purposes only. It is not a solicitation or offer to buy or sell futures. There is a high risk of loss in trading futures. You should not trade with money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this newsletter. The past performance of any trading system or methodology is not necessarily indicative of future results.



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