Stock Idea: Jamna Auto

Jamna Auto manufactures automobile springs, spring leaves and automobile coil springs. Two of its group companies - Jai Parabolic Springs and MAP Springs were merged into Jamna Auto and the current results, reflects this merged performance, which could also explain the spurt in the top and bottomlines.
For the year ended 31st March 2008, the company recorded a very healthy 69% jump in net sales at Rs.471.22 crore. Despite the 62% jump in total expenses, EBIDTA rose by a fantastic 135%. Interest outgo shot up by 118.5% and depreciation rose 108%. Despite this, the company’s PBT rose by an unbelievable 187% at Rs.20.42 crore. And the jump in PAT was phenomenal, it jumped by 219% at Rs.20.14 crore. Apart from the merger adding to the performance, the fact that the company has shifted from conventional leaf springs to high margin parabolic springs
In November 2007, the company acquired Leaf manufacturing facilities of Tata Motors' at Jamshedpur, and has entered into strategic supply arrangement with them. The group would invest Rs 120 crore in expansion. Of this, Rs 75 crore would be invested in expanding the Jamshedpur plant, which would house the plant and machinery bought from Tata Motors.
It is investing another Rs.10 crore in a greenfield plant at Uttaranchal and another Rs.15 crore in an R&D centre in Chennai.
Clearwater Capital Partners — a private equity player — has invested Rs.40 crore of equity in the company in June 2007 at Rs.72 per share. It holds a 24.15% in the company.
Currently quoted at Rs.44, hold on to this stock.

Source: sptulsian.com

Markets Today

Markets Snapshot
Markets lose most of the days gains in last hour of trade
Sensex ends up 72 pts at 13526; off nearly 270 pts from the day's high
Nifty ends up 14 pts at 4030; off 85 pts from the day's high
BSE Small-Cap Index up 2.2%; CNX Midcap Index up 0.8%
Reliance Ind led to downfall from day's high; stock slips nearly 5% from day's high
Oil & Gas stocks slip on news of imposition of windfall gains tax on private oil cos; Cairn India down 5.4%; Reliance down 3.3%;
Aviations stocks active on M&A buzz in the sector: Deccan Aviation up 24%, SpiceJet up 22%
BSE FMCG Index up 2.75%; HUL, ITC up nearly 4%
BSE IT Sector Index up 2.64% ahead of Infosys earnigs this Friday; Satyam up 4.4%; Financial
Technologies up 4.2%; Wipro up 3.5%
Bankex surged 1.24% at 5,892.79 on the back of buying in SBI, Kotak Mahindra, Bank of India, IDBI Bank, Oriental Bank, Bank of Baroda and Karnataka Bank.
BSE Auto Index up 2.2%; Maruti up 4.4%; M&M up 4%
BSE Metals Index up 1.8%; Jindal Steel up 4.5%; Hindalco up 2.8%; Tata Steel up 1.8%; SAIL up 1.7%
Index Gainers: Siemens up 6.4%; GAIL up 4.6%; SBI up 4.2%; ACC up 4.2%
Index Losers: Reliance Comm down 3.9%; RPL down 2.9%; Zee Ent down 2.22%
Other Gainers: HMT Ltd 14.4%, DCW up 12%, SREI Infra 11.5%
NSE Advance Decline at 3:1
Total F&O turnover at Rs 44,635 cr Vs Rs 44,222cr
Total market turnover at 61,829 cr Vs Rs 62,387 cr yesterday
F&O Snapshot
Nifty futures sees fresh short buildup; discount widens to 54 points
Oil & Gas stocks like Reliance, Cairn & RPL sees short build up
Sugar stocks like Bajaj Hind, Balrampur chini, Shree renuka sees short build up
IT Stocks sees fresh long build up
NSE F&O turnover at Rs 44635 cr
Optons ActivityHugh build up in Nifty 4000 put (Nearly 49%)Out of the money call option sees unwindingNifty 4000 put adds 13.2 lakh sharesNifty 4400 call sheds 7.7 lakh sharesNifty 4300 call sheds 4.2 lakh shares
Star Trade: Deccan Air up 20.3%; adds 1.6 lakh shares
Fresh Shorts: RPL dn 3.3%; adds 19.7 lakh dn 6.5%; adds 9.4 lakh shares Reliance dn 4.1%; adds 4.1 lakh shares Bajaj Hind dn 7.5%; adds 4.4 lakh shares
Short Covering: IFCI up 4.9%; sheds 10.7 lakh shares Nagarjuna Const up 7.4%; sheds 3.3 lakh shares JP Asso up 4.4%; sheds 3.2 lakh shares
Fresh Long: Siemens up 6.5%; adds 1.2 lakh shares Satyam up 3.6%; adds 6 lakh shares SBI up 3.9%; adds 3.2 lakh shares
Source: moneycontrol.com

Intraday Trading Calls for 7th July

Indian Stock Market may open positively and remains positive for the day today. A good rally and a positive closing expected.

Today's Intraday Trading Calls/Stock Tips:

GSS AMERICA INFO
MERCATOR LINES
YES BANK
CANARA BANK
UNITECH LTD.
GAIL INDIA.

For Levels and Targets CLICK HERE.

Watch List: All banking stocks: SBI, Bank of Baroda, Bank of India, Union Bank, Andhra Bank.
Short-Med Term Delivery Pick: Buy Lok Housing 500256 (47) For Target Rs. 100+.

Good Luck

Stock Idea: Tips Industries

A big name in the Indian film industry, Tips Industries is a name to reckon with when it comes to music albums and now, to some extent, production and distribution of Hindi movies too. Owned by Kumar Taurani, the financial result of Tips for the year ended 31st March 2008 has been one of its best ever. 

Net profit rose by an unbelievable 874.78% to Rs 11.21 crore in the quarter ended March 2008 as against Rs 1.15 crore during the previous quarter ended March 2007. Sales rose 980.72% to Rs 74.57 crore in the quarter ended March 2008 as against Rs 6.90 crore during the previous quarter ended March 2007. 

For the full year, sales rose 352.03% to Rs 113.37 crore in the year ended March 2008 as against Rs 25.08 crore during the previous year ended March 2007. The company had a total operating expense of Rs.92.13 crore, of which it incurred Rs.66.77 crore on cost of film production and distribution. EBIDTA rose by over 7 times at Rs.24.37 crore and PBT was up from Rs.1.42 crore in FY07 to Rs.22.09 crore. Net profit rose by a jaw dropping 1757.14% to Rs 19.50 crore in the year ended March 2008 as against Rs 1.05 crore during the previous year ended March 2007. On an equity of Rs.17.30 crore, the company posted an EPS of Rs.12.07. 

The company has now got three major areas of operation - production and distribution; music and artist management. From being a mere cassette company, it has now emerged as a production house and that is soon becoming its mainfray. 

The company’s latest release was Race, did good business and infact the website of the company proclaims it as the “biggest blockbuster of 2008.” It’s another movie – Kismat Konnection is scheduled to be released on 18th July 08’. It has also signed on Raj Kumar Santoshi to make a comedy film starring Ranbir Kapoor and Katrina Kaif. It has also gained rights to the legendary film – Amar Akbar Anthony. It also released the music album of Atif Aslam - Meri Kahani, which is doing good business. Interestingly, film actor, Akshay Khanna holds 2.79 lakh shares in the company. 

Adlabs Industries is now moving very fast into all the areas which has been a domain ruled by Tips. But there is so much in the industry that many can co-exist and Tips is a brand to reckon with. Stay invested. 

Source: sptulsian.com

Markets Today

Markets Snapshot
Markets end near days' high; shrugs inflation at 11.63% Vs 11.42% last week 
Sensex ends up 360 pts at 13454; gains 2.75% 
Nifty ends up 90 pts at 4016; gains 2.3%  
CNX Midcap Index up 2.58% ;BSE Small-cap Index up 1.58% 
All BSE Sectoral Indices except the BSE Metals Index end in the green 
BSE Realty recovers losses; gains 8%; DLF up 8.5%;Unitech up 8%; Indiabulls Real Estate 7.8% 
BSE Capital Goods Index up 7%; Punj Lloyd up 14%, Siemens up 11%; BHEL up 7%; L&T up 6.7% 
BSE Bank Index up 3%; Kotak Mahindra Bank up 5%; Axis Bank up 3.5%; HDFC up 6%; ICICI up 5.5%  
BSE Metals Index down 0.6%; Tata Steel down 2.7%, Sterlite down 2.6% 
ADAG Group stocks gain; Reliance Cap up 12.5%; Reliance Comm up 12.1%; RNRL up 8.5%; Adlabs up 6.8% 
Index Gainers: Tata Power recovers, gains 9.8%; Suzlon Energy up 7%; Ranbaxy up 4.7%; Ambuja Cement up 4.5%  
Index Losers: Sun Pharma down 4.3%; GAIL down 2.7%; Cairn India down 2.2% 
New listing : ArchidPly loses 31.5% on listing day; closes at Rs 50.7 Vs listing price of Rs 74 
NSE Advance Decline at 2.5 : 1 
Total F&O turnover at Rs 44,222 cr Vs Rs 51,604 cr  
Total market turnover at Rs 62,387 cr Vs Rs 70,067 cr yesterday 
Gainers
KS Oils 15.8%
Godrej Industries up 14.4%
Ansal Properties up 14%
Alstom Projects 13% 
Infra / Realty Buzzers
HDIL up 12.7%
HCC up 12%
Jaiprakash Associates up 11%
J Kumar Infra up 12%
Simplex Infra up 17%

F&O Snapshot
Shorts still remain in Nifty Fut; adds 34.8 lakh shares in OI 
Stock specific long build up seen in today's trade 
Cap Goods, Realty & Infra stock sees fresh long build up 
Select Momemtum stock sees long build up 
Short Covering:
IDFC up 9.2%; sheds 1.8 lakh shares
Rel Comm up 12.3%; sheds 1.9 lakh shares
Ranbaxy up 5.2%; sheds 6.6 lakh shares 
Fresh Longs:
Punj Lloyd up 14.7%; adds 4.88 lakh shares
Siemens up 13.1%; adds 1.9 lakh shares
Rel Cap up 13%; adds 4.3 lakh shares
Siemens up 13.1%; adds 1.9 lakh shares
Essar Oil up 9.7%; adds 10.2 lakh shares
Triveni up 9.5%; adds 2.6 lakh shares
Others: Nagar Const, I-flex, RPower, RNRL
Source: moneycontrol.com

Intraday Trading Calls for 4th July

A flat to positive opening expected in stock market india but remains very volatile as today Inflation numbers will be announced at noon.

Today's Intraday Stock Tips/Trading Calls:

CAIRN INDIA
RPL
MERCATOR LINES
PUNJ LLOYD
YES BANK
INDIABULLS REALEST

For Levels and Targets CLICK HERE.

Today's Watch List: Prithvi Information, GAIL, IOC, ONGC, Hind Oil Exploration.

Good Luck

Intraday Trading Calls for 3rd July

Indian Stock Market may open flat to nagetive but recovers from lows and again a positive closing expected. High volatility contineous.

Today's Intraday Stock Tips / Trading Calls:

CAIRN INDIA

RPL

MERCATOR LINES

PFC

YES BANK

ITC

For Levels and Targets CLICK HERE.

Watch List: Selan Exploration, Shiv Vani Oil, Hind Oil Exploration.

Good Luck