Market may open flat to nagetive but after that a positive trading should starts and will remain positive whole the day.
Buy for Intraday:
New Listing Religare (185) can list around 525-575 and Target 650+
Great Offshore
Gulf Oils
Petronet LNG
Selan Exploration.
IDFC
JP Hydro
Omaxe Ltd.
GNFC
Welspun Gujarat
Welspun India
Ansal Buildwell
Parsvnath Developers
GDL
Others: TTML, Manugraph India, Cinemax Ltd, Kisan Moulding, Nagarjuna Fert., UCO Bank.
*****Maximaa Systems hits buyer freeze before cooling down.
CHD Developers hits Rs. 30 mark and achieve 1st target. Long term investor remain ivested for Rs. 50/- SL Rs. 22/-
Sumeet Industries Hits upper circuit at Rs. 14.72/-.
Pondy Oxides & Chemicals Ltd. starts moving up with good volumes.
Good Luck
Wednesday, November 21, 2007
Tuesday, November 20, 2007
Intraday Calls for 20th November
Market is likely to open with nagetive note as all global market trading very weak. But later recovery expected.
Buy for intraday at lower leveles (Trade in small qty today with Strict SL):
TTML (Ultimate Target 65+)
Ashok Layland
Lokesh Machine
GDL
Electrosteel casting.
Apollo Tyres
Manugraph India
Cinemax Ltd.
Mid-Day Multimedia
ITL Industries
UCO Bank
Gwalior Chemical
Others: Punj Llyod, IVRCL Infra, Ansal Buildwell, KPR Mills.
***** Maximaa Systems, CHD Developers and Sumeet Industries all were at upper curcuits.Enjoy
Accumulate Pondy Oxides & Chemicals Ltd.
Good Luck
Buy for intraday at lower leveles (Trade in small qty today with Strict SL):
TTML (Ultimate Target 65+)
Ashok Layland
Lokesh Machine
GDL
Electrosteel casting.
Apollo Tyres
Manugraph India
Cinemax Ltd.
Mid-Day Multimedia
ITL Industries
UCO Bank
Gwalior Chemical
Others: Punj Llyod, IVRCL Infra, Ansal Buildwell, KPR Mills.
***** Maximaa Systems, CHD Developers and Sumeet Industries all were at upper curcuits.Enjoy
Accumulate Pondy Oxides & Chemicals Ltd.
Good Luck
Monday, November 19, 2007
Markets Today: Midcaps & Smallcaps Outperform
It started as a good day for markets but the frontliners failed to hold their gains at the higher levels and ended near the lowest point of the day. The rally in the midcaps and smallcaps continued and the market breadth was significantly positive.
Nifty Junior had blown out the lights and the index was up over 4%. Midcap index is up 2.7% and smallcap index is up 3%. The rally was seen despite some sell off seen in Asia markets.
Mukta Arts, Manugraph Ind, Rohit Ferro Tec, Gwalior Chem, Suryalakshmi Co were the smallcap performers locked in upper circuit each up 20%.
Among the block deals Centurion BoP, Reliance Infra and Suzlon Energy saw some block deal.
Auto, power, realty, cement and metal stocks were buzzing.
Gainers in the midcap space were Exide Industrie, Nirma, FDC, Sun Pharma Adv, Vijaya Bank, Centurion Bank, Alok Industries, Blue Dart, UB Holdings.
Midcap banking space was also very active and is trading with good gains. Centyrion BoP was up over 14% and Vijaya Bank up over 13%.
Among the frontliners Bajaj Auto, ONGC, Cipla, Siemens, Suzlon Energy were the top gainers.
Bank pivotals like ICICI Bank and HDFC Bank were seeing some profit booking along with the oil refinery duo of BPCL and HFCL. FMCG major ITC was also trading weak.
Sensex was down 65.00 points or 0.33% at 19633.36, and the Nifty up 0.80 points or 0.01% at 5907.65.
About 2305 shares have advanced, 715 shares declined, and 45 shares are unchanged.
The BSE Midcap Index ended at 8,730.82 up 2.6%.
The BSE Smallcap Index ended at 10,672.89 up 2.8%.
The BSE Bankex was down 1% at 10,920.67. Top losers were HDFC Bank, ICICI Bank and SBI. Midcap bank stocks were on fire with CBoP up 14%, Vijaya Bank up 13.8%.
The BSE Capital Goods Index was up 1% at 20,806.42. Triveni Engg, AIA Engineering, Siemens, Crompton Greave, Thermax, Punj Lloyd closed higher.
The BSE Auto Index closed at 5,413.24 up 2.5%. Apollo Tyres, Escorts, TVS Motor, Exide Ind, Ashok Leyland closed higher.TVS Motor up 12%, Escorts up 12%, Ashok Leyland up 6.7%, LML locked at 5%.
The BSE Metal Index closed at 17,668.86 up 1%. Jindal Steel, JindalStainless, Tata Steel, SAIL, Hind Zinc closed higher.
The BSE FMCG Index closed at 2,224.86 down 0.2%. ITC and GlaxoSmith Cons were each down over 3%.
BSE Oil and Gas Index closed flat at 12,467.50. HPCL, BPCL, IOC, Reliance Petro ended lower but Essar Oil up 6%, Chennai up 4.3%.
The BSE IT Index was at 4,634.64 up 0.4%. Tech Mahindra, I-Flex Solution, Patni Computer, HCL Tech closed higher.
Sugar stocks saw heavy buying; Balrampur was up 11%, Triveni up 19%, Bajaj Hindusthan up 6%
Total market turnover at Rs 78,490 crore Versus Rs 89,336 crore in last trading session.
Source:moneycontrol.com
Nifty Junior had blown out the lights and the index was up over 4%. Midcap index is up 2.7% and smallcap index is up 3%. The rally was seen despite some sell off seen in Asia markets.
Mukta Arts, Manugraph Ind, Rohit Ferro Tec, Gwalior Chem, Suryalakshmi Co were the smallcap performers locked in upper circuit each up 20%.
Among the block deals Centurion BoP, Reliance Infra and Suzlon Energy saw some block deal.
Auto, power, realty, cement and metal stocks were buzzing.
Gainers in the midcap space were Exide Industrie, Nirma, FDC, Sun Pharma Adv, Vijaya Bank, Centurion Bank, Alok Industries, Blue Dart, UB Holdings.
Midcap banking space was also very active and is trading with good gains. Centyrion BoP was up over 14% and Vijaya Bank up over 13%.
Among the frontliners Bajaj Auto, ONGC, Cipla, Siemens, Suzlon Energy were the top gainers.
Bank pivotals like ICICI Bank and HDFC Bank were seeing some profit booking along with the oil refinery duo of BPCL and HFCL. FMCG major ITC was also trading weak.
Sensex was down 65.00 points or 0.33% at 19633.36, and the Nifty up 0.80 points or 0.01% at 5907.65.
About 2305 shares have advanced, 715 shares declined, and 45 shares are unchanged.
The BSE Midcap Index ended at 8,730.82 up 2.6%.
The BSE Smallcap Index ended at 10,672.89 up 2.8%.
The BSE Bankex was down 1% at 10,920.67. Top losers were HDFC Bank, ICICI Bank and SBI. Midcap bank stocks were on fire with CBoP up 14%, Vijaya Bank up 13.8%.
The BSE Capital Goods Index was up 1% at 20,806.42. Triveni Engg, AIA Engineering, Siemens, Crompton Greave, Thermax, Punj Lloyd closed higher.
The BSE Auto Index closed at 5,413.24 up 2.5%. Apollo Tyres, Escorts, TVS Motor, Exide Ind, Ashok Leyland closed higher.TVS Motor up 12%, Escorts up 12%, Ashok Leyland up 6.7%, LML locked at 5%.
The BSE Metal Index closed at 17,668.86 up 1%. Jindal Steel, JindalStainless, Tata Steel, SAIL, Hind Zinc closed higher.
The BSE FMCG Index closed at 2,224.86 down 0.2%. ITC and GlaxoSmith Cons were each down over 3%.
BSE Oil and Gas Index closed flat at 12,467.50. HPCL, BPCL, IOC, Reliance Petro ended lower but Essar Oil up 6%, Chennai up 4.3%.
The BSE IT Index was at 4,634.64 up 0.4%. Tech Mahindra, I-Flex Solution, Patni Computer, HCL Tech closed higher.
Sugar stocks saw heavy buying; Balrampur was up 11%, Triveni up 19%, Bajaj Hindusthan up 6%
Total market turnover at Rs 78,490 crore Versus Rs 89,336 crore in last trading session.
Source:moneycontrol.com
Intraday Calls for 19th November
Market may open positive and remain positive whole day.
Buy for Intraday:
Escorts Ltd.
IDFC
Petronet LNG
Orchid Chemicals
Videocon Industries
Chambal Fert.
Nagarjuna Fert.
Vijaya Bank
Bank of Baroda
Gulf Oils
Prism Cement
Mysore Cement
Others: CHD Developers Ltd., Amforge, Pondy Oxide, Bongaigaon Ref., DLF.
*****Maximaa Systems Upper Curcuit at 4.66/-
CHD Developers also moves up smartly and hits the upper curcuit at 23.10.
Sumeet Ind is also starts moving up with good volumes. Accumulate.
Now Pondy Oxides Accumulate for Very Short Term gain.
Good Luck
Buy for Intraday:
Escorts Ltd.
IDFC
Petronet LNG
Orchid Chemicals
Videocon Industries
Chambal Fert.
Nagarjuna Fert.
Vijaya Bank
Bank of Baroda
Gulf Oils
Prism Cement
Mysore Cement
Others: CHD Developers Ltd., Amforge, Pondy Oxide, Bongaigaon Ref., DLF.
*****Maximaa Systems Upper Curcuit at 4.66/-
CHD Developers also moves up smartly and hits the upper curcuit at 23.10.
Sumeet Ind is also starts moving up with good volumes. Accumulate.
Now Pondy Oxides Accumulate for Very Short Term gain.
Good Luck
Short-Med Term Delivery Pick: Pondy Oxides & Chemicals Ltd.
Pondy Oxides & Chemicals Ltd. (BSE: 532626)
CMP : Rs. 20.95/-
52 Week High : Rs. 35.85/-
52 Week Low : Rs. 3.54/-
Face Value : Rs. 10/-
EPS : Rs. 2.72/-
P.E.: 7.70
200 Days Simpal Moving Average : Rs. 19.86/-
Sept. Quarter Profit (Sep 07): Rs. 11.39 Million (Profit rises 322 % QOQ)
Year Profit (March 07): Rs. 26.80 Million (Profit rises 104% YOY)
Company Continuesly doing well and great future ahead.
Recommandation: Accumulate (Buy at current Level and at every fall)
Target : Rs. 35/- (Short - Med term) Rs. 60/- (Long Term)
(Before investing do your own research)
CMP : Rs. 20.95/-
52 Week High : Rs. 35.85/-
52 Week Low : Rs. 3.54/-
Face Value : Rs. 10/-
EPS : Rs. 2.72/-
P.E.: 7.70
200 Days Simpal Moving Average : Rs. 19.86/-
Sept. Quarter Profit (Sep 07): Rs. 11.39 Million (Profit rises 322 % QOQ)
Year Profit (March 07): Rs. 26.80 Million (Profit rises 104% YOY)
Company Continuesly doing well and great future ahead.
Recommandation: Accumulate (Buy at current Level and at every fall)
Target : Rs. 35/- (Short - Med term) Rs. 60/- (Long Term)
(Before investing do your own research)
Saturday, November 17, 2007
IPO Talk: Kolte Patil Developers
Kolte Patil Developers is entering the capital market on 19th November, 2007 with a public issue of 1.90 crore equity shares of Rs.10 each in the band of Rs.125 to Rs.145 per share. The issue size at the upper band is Rs.275 crores with 25% dilution of expanded equity base of Rs.75.25 crores.
The company is a leading realty player in Pune market and out of total saleable area of 39.78 million sq. ft., 92% is located in Pune while 8% is in Bangalore. Both are hot and rising market for realty where saleability of the property is fast with good demand from middle and upper class of users.
28 projects with saleable area of 17.80 million sq. ft., of which 24 are in Pune and 4 are in Bangalore, are under development, which includes 5 IT Parks, 11 commercial complexes, 10 residential complexes, 1 service apartment and 1 integrated township. Balance area of 21.58 million sq. ft. is held for development.
The company has joint venture agreement with ICICI Venture Fund Management for three of its projects with equity and equity linked financing for the projects. This shows that the project and the company has been duly checked and verified which instill confidence.
The company has agreed to acquire 24 million sq. ft. of land in Pune where the cost of acquisition ranges from Rs.750 per sq. ft. to Rs.7 per sq. ft. The total cost for these lands are Rs.287 crores, of which, Rs.110 crores has already been paid, while remaining Rs.176 crores is mobilized via this issue. Bavdhan 3, a residential project has saleable area of 9.75 lakh sq. ft., which is in the vicinity of Bavdhan 1 and 2, where the company is developing an IT Park, of about 4 lakh sq. ft. Due to this project, residential project would have good demand, from ownership and rental.
For FY 07, the company achieved a total income of Rs.252 crores and PAT of Rs.83.56 crores, resulting into an EPS of Rs.14.85. The debt of Rs.150 crores is also not very high, considering its land bank.
The expanded equity of Rs.75.25 crores translates into a valuation of Rs.1,100 crores at the upper band. Saleable area of 39 million sq. ft. translates into weighted average value per sq. ft. of Rs.282. The same looks quite reasonable and good profits can be made by the company after development. Even, amount to be mobilized, from the issue would get partly used for development and construction of Rs.149 crores and balance Rs.176 crores shall be usd for making payment, for acquiring development rights.
Considering all these, issue looks reasonably priced, even at the upper band and hence investment is recommended.
The company is a leading realty player in Pune market and out of total saleable area of 39.78 million sq. ft., 92% is located in Pune while 8% is in Bangalore. Both are hot and rising market for realty where saleability of the property is fast with good demand from middle and upper class of users.
28 projects with saleable area of 17.80 million sq. ft., of which 24 are in Pune and 4 are in Bangalore, are under development, which includes 5 IT Parks, 11 commercial complexes, 10 residential complexes, 1 service apartment and 1 integrated township. Balance area of 21.58 million sq. ft. is held for development.
The company has joint venture agreement with ICICI Venture Fund Management for three of its projects with equity and equity linked financing for the projects. This shows that the project and the company has been duly checked and verified which instill confidence.
The company has agreed to acquire 24 million sq. ft. of land in Pune where the cost of acquisition ranges from Rs.750 per sq. ft. to Rs.7 per sq. ft. The total cost for these lands are Rs.287 crores, of which, Rs.110 crores has already been paid, while remaining Rs.176 crores is mobilized via this issue. Bavdhan 3, a residential project has saleable area of 9.75 lakh sq. ft., which is in the vicinity of Bavdhan 1 and 2, where the company is developing an IT Park, of about 4 lakh sq. ft. Due to this project, residential project would have good demand, from ownership and rental.
For FY 07, the company achieved a total income of Rs.252 crores and PAT of Rs.83.56 crores, resulting into an EPS of Rs.14.85. The debt of Rs.150 crores is also not very high, considering its land bank.
The expanded equity of Rs.75.25 crores translates into a valuation of Rs.1,100 crores at the upper band. Saleable area of 39 million sq. ft. translates into weighted average value per sq. ft. of Rs.282. The same looks quite reasonable and good profits can be made by the company after development. Even, amount to be mobilized, from the issue would get partly used for development and construction of Rs.149 crores and balance Rs.176 crores shall be usd for making payment, for acquiring development rights.
Considering all these, issue looks reasonably priced, even at the upper band and hence investment is recommended.
Source:sptulsian.com
*****Latest Grey Market Premium is Rs. 55-65/-
Friday, November 16, 2007
Intraday Calls for 16th November
Market is likely to open flat to nagetive and then can corrects more but again recovery expected from lower levels. Remains highly volatility.
Buy for Intraday:
Mahindra Gesco Corp (670)
DCB (126)
Hotel Leela (60)
Omaxe Ltd. (344)
BILT (147)
Gulf Oil (290)
Petronet LNG (112)
RPL (212)
Escorts (123)
Essar Shipping (55)
Great Offshore (865)
KS Oils (79)
Meghmani Organics Ltd. (28.65)
Others: CHD Developers, Nagarjuna Fert., Deepak Fert., Soma Textile, Amar Remedies, Andhra Petro.
***** Maximaa Systems again hits Upper Curcuit at Rs. 4.44/-
CHD Developers moves up with huge volumes & high delivery percentage.
Now accumulate Sumeet Industries @ 11.80/-
Good Luck
Buy for Intraday:
Mahindra Gesco Corp (670)
DCB (126)
Hotel Leela (60)
Omaxe Ltd. (344)
BILT (147)
Gulf Oil (290)
Petronet LNG (112)
RPL (212)
Escorts (123)
Essar Shipping (55)
Great Offshore (865)
KS Oils (79)
Meghmani Organics Ltd. (28.65)
Others: CHD Developers, Nagarjuna Fert., Deepak Fert., Soma Textile, Amar Remedies, Andhra Petro.
***** Maximaa Systems again hits Upper Curcuit at Rs. 4.44/-
CHD Developers moves up with huge volumes & high delivery percentage.
Now accumulate Sumeet Industries @ 11.80/-
Good Luck
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