Stock Idea: Aditya Birla Nuvo

An Aditya Birla group company, this multi faceted company has been in the limelight for some time now, with its stock price soaring. This had little to do with its financial performance but more to do unlocking value with its proposed plan to demerge its financial services business. The financial services unit comprises of companies like Birla Sun Life Insurance, Birla Sun Life Mutual Fund, Aditya Birla Capital Advisors and Birla Global Finance. The company is currently busy seeking permission from different regulators for the demerger and creation of holding company. Once this happens, the holding company is expected to be valued at over Rs 15,000 crore.
Apart from the financial services, the company has telecom, through Idea Cellular, which has been making profits. Its BPO unit has generated cash profit but on the net level, it was in the red. Its garments unit turned around on the EBIDTA level but not on the net levels. Carbon black unit is doing very well and so is fertilsiers (Indo-Gulf), rayon (Indian Rayon) and insulators.
For H1FY10, the company posted a 64% rise in net sales at Rs.10252 crore. EBIDTA was up 47% at Rs.748.80 crore. It continued to remain in the red, net loss was at Rs.33.80 crore but this was much lower than the net loss of Rs.132.90 crore it posted in H1FY09.
For now, the unlocking of financial services value would keep the stock price high.

Source: Internet (By S P Tulsian)

Intraday Trading Calls for 04th January

Indian Stock Market may open positive and remains very volatile for the day. A good positive trading expected in Midcap and Smallcap stocks.

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

SCRIP NAME	TRIGGER	PRICE	TARGET 1	TARGET 2
REL POWER	Buy Above	155.70	160.10	164.00
	Sell Below	154.20	150.35	147.00
CEAT LTD.	Buy Above	146.25	151.35	157.00
	Sell Below	144.15	140.50	136.00
APTECH LTD	Buy Above	188.60	193.55	198.00
	Sell Below	187.30	183.45	178.00
CORE PROJECTS	Buy Above	198.50	204.25	210.00
	Sell Below	196.35	191.45	186.00
SUNIL HITECH	Buy Above	226.70	232.45	238.00
	Sell Below	223.15	218.20	212.00
GODREJ INDUSTRIES	Buy Above	185.25	190.35	196.00
	Sell Below	183.40	179.35	175.00
ESCORTS LTD	Buy Above	132.75	136.10	140.00
	Sell Below	131.05	126.55	123.00

Short to Medium Term Delivery Pick:

Buy CRANES SOFTWARE INTERNATIONAL LTD. (512093) CMP Rs. 28/- Short Term Target Rs. 38-40/-.

Buy GLORY POLYFILMS Ltd. (532857) CMP Rs. 23/- Short to Med Term Target Rs. 35/-.

GOOD LUCK