Monday, January 4, 2010

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

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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