Intraday Trading Calls for 07th April

Indian Stock Market may open pflat to positive and remains highly volatile for the day today. Some profit booking expected at higher levels.

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

SCRIP NAME	TRIGGER	PRICE	TARGET 1	TARGET 2
APTECH LTD.	Buy Above	173.20	178.45	184.00
	Sell Below	171.35	167.25	162.00
ATLANTA	Buy Above	242.65	248.70	254.00
	Sell Below	239.35	233.65	228.00
VIDEOCON INDUSTRIES	Buy Above	243.45	250.05	255.00
	Sell Below	240.00	235.45	230.00
ANSAL INFRA	Buy Above	78.70	81.55	85.00
	Sell Below	77.35	74.65	72.00
ADHUNIK METALIK	Buy Above	135.10	139.40	144.00
	Sell Below	133.40	130.20	126.00
ESCORTS	Buy Above	165.25	170.00	175.00
	Sell Below	163.15	159.20	155.00
IDBI BANK	Buy Above	124.70	128.45	132.00
	Sell Below	123.45	120.55	117.00

GOOD LUCK

Intraday Trading Calls for 06th April

Indian Stock Market may open positive and remains highly volatile for the day today. Some profit booking expected at higher levels.

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

SCRIP NAME	TRIGGER	PRICE	TARGET 1	TARGET 2
GODREJ INDUSTRIES	Buy Above	155.60	160.25	165.00
	Sell Below	153.30	149.40	145.00
ATLANTA	Buy Above	240.00	246.70	252.00
	Sell Below	237.35	232.65	228.00
CAIRN INDIA	Buy Above	310.00	314.55	320.00
	Sell Below	308.30	303.45	298.00
KSK ENERGY	Buy Above	198.25	203.75	210.00
	Sell Below	194.75	190.35	185.00
ADHUNIK METALIK	Buy Above	131.25	136.45	141.00
	Sell Below	129.10	125.60	122.00
ANDHRA BANK	Buy Above	116.25	120.00	124.00
	Sell Below	114.35	111.20	108.00
IDBI	Buy Above	120.60	124.45	128.00
	Sell Below	119.35	116.15	112.00

SHORT TO MED. TERM DELIVERY BUY:

• IDBI BANK LTD. CMP Rs. 120/- Short to Med. Term Delivery Target Rs. 145/- 170/-.
• MADHAV MARBLES AND GRANITES CMP Rs. 31/- Short to Med. Term Target Rs. 42/- 50/-.
• DISH TVCMP Rs. 37/- Short Term Target Rs. 45-50/-.

GOOD LUCK

Stock Idea: Pitti Laminations

This one is a micro-cap stock. This company caters to the electrical sector; this company makes electrical laminations which are used in electrical devices like motors, generators and alternators. Besides lamination this company had gone in for higher value added products in the past two years. This company had its share of problems for the past two years, I will first tell you as to what went wrong for the company.

Now because of the global meltdown operations of the company were severely impacted. This company was getting roughly 75% of its revenues from exports and GE was one of their major customers and because of what happened in Europe and USA, the order flow from GE reduced because of which the operations of the company were hit.

Second is that the company made a loss of around Rs 9.5 crore in foreign exchange hedging last year and even in December quarter the company has provided for an extra ordinary expense of about Rs 5.6 crore which is basically cost sharing with GE for some engineering analysis operations.

On the positive side, after what happened to the company on the export front, the company started focusing on the domestic market. The company is getting very good order flow from the domestic electrical manufacturers. A lot of the leading Indian company's like Simens, Alstom, Areva, BHEL are the customers of the company and because of this we have seen a margin improvement in the business of the company, in fact the margins have gone up from about 11% to about 17%, If you see the financials for the first nine months.

Recently company has got an order of about USD 36 million from GE. This is roughly about Rs 160 to Rs 170 crore on the current conversion rate. Now this order is to be executed over the next two years, which means a revenue visibility for the company for the next about Rs 80 - Rs 85 crore at least from GE for the next two years.

And assuming that the company does a revenue of about Rs 250 crore which it did in FY08 and assuming a margin of about 15% operating margin, we get a operating profit of close to Rs 35 crore. At the current market price the marketcap of the company is just about Rs 40 crores. So I believe that even though the company had its share of problems in the past two years, worst may be already built into the stock price which has absolutely failed to move in the past six-nine months, it’s hovering between Rs 35 to Rs 40.

I Believe that may be from this quarter onwards the better times may return for Pitti Lamination. So from these levels I don't see too much of downside in the stock price. But if you know things go well for this company over the next couple of years, this stock may turn into a multi bagger given the fact that it operates into a sector where the demand is going to be robust at least for the next couple of years

Source: Internet (moneycontrol.com by Ashish Chugh)

Intraday Trading Calls for 05th April

Indian Stock Market may open positive and remains highly volatile for the day today. A good buying and 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
AIA ENGINEERING	Buy Above	410.65	418.75	428.00
	Sell Below	405.35	395.45	385.00
ATLANTA	Buy Above	245.15	252.75	258.00
	Sell Below	241.35	235.65	230.00
CAIRN INDIA	Buy Above	310.00	314.55	320.00
	Sell Below	306.70	301.45	298.00
KSK ENERGY	Buy Above	190.00	195.50	201.00
	Sell Below	187.05	182.35	178.00
SELAN EXPLO	Buy Above	450.20	458.55	465.00
	Sell Below	441.30	432.80	425.00
VALECHA ENG	Buy Above	180.55	186.10	192.00
	Sell Below	177.15	172.55	168.00
HEIDELBERG CEMENT	Buy Above	63.20	65.10	67.00
	Sell Below	62.15	60.35	58.00

GOOD LUCK

Stock Idea: Castrol

The company has managed to sustain; there has been no spectacular growth but increasing operating costs indicates that margins were under pressure.

For year ended 31st Dec 2009, net revenue rose by merely 5%. Operating expenses were 83% of the revenue which in 2008, were 81%. Interest outgo was maintained at Rs.3.50 crore level and EBIDTA was down 7%. Yet, net profit was up 45% at Rs.381 crore.

2009 was the centenary year for Castrol brand in India and it celebrated that with by declaring a bonus in the ratio of 1:1. It recommended a final dividend of Rs.5/- per` share and a special dividend of Rs.10/- per share for the year ended 31st December 2009. This is in addition to an interim dividend of Rs.10/- per share, totaling to a dividend of Rs.25/- per share for the full year 2009.

Looking ahead, inflation will remain a challenge. And there could be further pressure on the margins till price pressure eases. 2010 would be more about sustaining than about growth.

Stocks like Castrol are for the long term. Capital appreciation will come with time. The company has always been liberal with its dividend payouts and bonus issues. Including the current bonus, this is the seventh bonus from Castrol India. Earlier, the company had issued a liberal 1:1 bonus, each in May 1999, February 1994 and in June 1987. Also, it had issued a 3:5 bonus, each in May 1995, May 1992 and in November 1990.

Stay invested with a 2-3 year perspective.

Source: Internet (premiuminvestments.in by SP Tulsian)

Stock Idea: Seamec Ltd.

Seamec Ltd. is engaged in providing support services including marine, construction and diving services to offshore oilfields in India and abroad and operates 4 multi purpose support vessels (MSVs) for diving and providing underwater / sub-sea engineering and construction, maintenance and inspection of underwater structures, rescue operations and fire fighting and other support services for offshore oil and gas installations.

The company has 4 MSV – Seamec I, Seamec II, Seamec III and Seamec Princess. The company has recently acquired Seamec Princess for about Rs. 180 crores. This is giving US $ 65,000/day, which is resulting in better revenue and profits for the company.

The accounting year of the Company has been changed to year ending 31st March. The current year results will be published for 15 months from January 01, 2009 to March 31, 2010.

The performance for the fourth quarter ended 31st Dec 2009 was not very good, infact it was the poorest show during the entire year. Turnover and profit was lower as three of the four vessels owned by the company were in operation and one vessel was sailing from West Africa to Middle-East for mobilisation of the next contract, compared to corresponding period of the previous year where all four vessels were in operation.

If the company were to end the year in Dec, the performance, compared to 2008 has been more than spectacular to say the least. Net revenue is at Rs.384.49 crore v/s Rs.268.59 crore posted in 2008. Net profit currently stands at Rs.232.62 crore, which is almost 5 times more than that posted in 2008. What is noteworthy is that NPM is very healthy at over 60%. On an equity of Rs.33.90 crore, EPS stands at Rs.68.62. 

At the current price of Rs.203, the stock price is ruling at a PE of less than 3.

Source: Internet (Premiuminvestments.in by S P Tulsian)

Intraday Trading Calls for 1st April

Indian Stock Market may open positive and remains highly volatile for the day today. A good buying and 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
HANUNG TOYS	Buy Above	229.25	234.70	240.00
	Sell Below	227.30	223.15	218.00
ATLANTA	Buy Above	227.65	232.50	238.00
	Sell Below	225.00	220.65	215.00
CAIRN INDIA	Buy Above	306.25	310.40	314.00
	Sell Below	303.70	300.00	295.00
KSK ENERGY	Buy Above	185.55	190.25	196.00
	Sell Below	183.05	178.65	173.00
AIA ENGINEER	Buy Above	405.75	412.65	420.00
	Sell Below	401.35	393.55	386.00
CAMSON BIO TECH	Buy Above	195.00	201.65	208.00
	Sell Below	191.05	185.35	180.00
VALECHA ENG	Buy Above	177.70	182.55	187.00
	Sell Below	173.45	168.40	164.00

GOOD LUCK