Monday, March 23, 2009

Stock Idea: Pentaloon Retail

Pantaloon Retail (Rs. 138.00) (Code : 523574) : Kishore Biyani-promoted Future Group retail ubsidiary Pantaloon Retail recorded positive Same Store Sales (SSS) for the two consecutive months of January and February 2009. Amidst the ongoing economic slowdown, Pantaloon’s Lifestyle Retailing Segment sprung a surprise registering higher SSS growth than Value Retailing in January. It will open 25-30 additional stores of the company's hypermarket chain Big Bazaar and supermarket chain Food Bazaar by December 2009. It will add to another 10- 12 lakh sq ft of retail space and we would be investing around Rs 1,000 per sq ft of setting up the new stores. The company is focusing on the eight major cities in India, including the four metros, besides Bangalore, Pune, Hyderabad and Ahmedabad for expanding the two chains. There are currently 149 Big Bazaar and 109 Food Bazaar stores across the country. Pantaloon Retail is targeting a growth of 30-35 per cent in the value retail segment by end of its current fiscal year in June 2009. In this time of recession, the company is recruiting more people. At Rs138, the stock is trading at 11.1x FY2010E Earnings and 1.6x FY2010E P/BV. We have valued PRIL standalone at Rs173. Angel Broking has recommended the stock with target of Rs. 239. Buy at decline.
Source: Internet (SmartInvestment)

Stock Idea: Tata Motors

Tata Motors (Code : 500570) : Now this is one ride that can give Tata Motors some relief after the heavy beating that the company experienced in recent months. It is its most-awaited product till date — the Nano. The ultra-compact Rs 1 -lakh peoples’ car will be launched in Mumbai next week i.e. on March 23, 2009. There is lot of genuine inquiry for this car and it is likely to get huge response. As a long queue of customers is expected for the vehicle, the company has said that it has made arrangements for the widest possible network to book the car. It will also launch Nano’s diesel version by June-2010. It will boost company’s sales in a big way. Also, there is election round the corner in which there will be huge demand of Sports Utility Vehicles. Tata Safari is very much suitable for the campaign purpose. So its sales will also increase. It seems good days for Tata Motors are coming finally. Buy for long term.
Source: Internet (SmartInvestment)

Intraday Trading Calls for 23rd March

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

GEODESIC LTD.

(503699)

Buy Above

65.25

68.15

72.00

Sell Below

63.50

61.25

58.00

SEIMENS LTD.

(500550)

Buy Above

220.60

225.45

232.00

Sell Below

217.40

213.20

208.00

CAIRN INDIA

Buy Above

177.60

181.25

185.00

Sell Below

174.70

171.35

168.00

VIDEOCON INDUSTRIES

Buy Above

87.60

91.35

95.00

Sell Below

85.35

83.10

80.00

TATA MOTORS (NANO)

Buy Above

162.60

167.25

172.00

Sell Below

158.40

155.25

151.00

GMR INFRA

Buy Above

87.75

91.05

94.00

Sell Below

85.20

82.10

80.00

SHIV-VANI OIL

Buy Above

102.80

107.20

112.00

Sell Below

99.80

95.20

91.00


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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