Two Safe Small Cap Pharma Stock

Bal Pharma Ltd.

BSE Code: 524824

NSE Code: BALPHARMA

Last Close: Rs.22.90

Bal Pharma Ltd. (BPL) is a leading Indian pharmaceutical company specialising in prescription drugs, Generics, OTC products, Intravenous Infusion and Bulk Actives with 19 years of experience behind it. Successful operations in the domestic and global markets backed by its strengths in research and its strong infrastructure framework have accelerated BPL's growth from oblivion to US $25 million turnover today. Buoyed by this success, the group has put into motion fast track growth and has set its sight on sales in excess of US $150 million by 2012. The company has four manufacturing units - two in Bangalore, one in Pune and one in Uttarakhand. It has an equity base of Rs.10.45 cr. with huge reserves of around Rs.25 cr. Promoters hold 51.72% stake in the company while the investing public holds only 43.41%. BPL posted a net profit of Rs.3.91 cr. for the first 9 months of FY09 against Rs.2.85 cr. for full FY08. While we expect very good numbers for Q4FY09, the share price fell from Rs.35 to Rs.13 in one year and is currently available at Rs.21 at a P/E ratio of just 8. Buy at every decline with a stop loss of Rs.17. On the upper side, the stock will go up to Rs.27-29 level in the short-term and could go up to Rs.35 level in the medium-term.

Jagsonpal Pharma Ltd.

BSE Code: 507789

NSE Code: JAGSNPHARM

Last Close: Rs.14

Jagsonpal Pharma Ltd. (JPL) is among India's premier pharmaceutical companies. It has substantial R&D, manufacturing, marketing and distribution facilities. Founded in 1964, the company specialises in developing and manufacturing bulk drugs and pharmaceutical formulations. It has an expanding international portfolio of affiliates, joint ventures and representative offices across the globe making it a truly international operation. The firm is represented by 2,500 agents worldwide and has offices in 3 continents. The company's operations span Russia, Brazil, USA, Ukraine, Sri Lanka, Cameroon, Thailand, Argentina, Germany, Switzerland, Korea, Egypt and Vietnam making its reach truly global. Its new plant at Uttarakhand commenced production in April 2008.

The company has an equity of Rs.13.09 cr. with huge reserves of around Rs.60 cr. The promoters hold 65.79% stake while the Indian public holds 26.09% stake. JPL posted a net profit of Rs.5.05 cr. in the first 9 months of FY09 against Rs.3.06 cr. for the whole of FY08. While we expect very good working numbers for the March 2009 quarter, its share price fell from Rs.18 to Rs.6 in just one year and is currently available at Rs.13 at a P/E ratio of just 6. Buy at every decline with a stop loss of Rs.10. On the upper side, the stock will go up to Rs.18-20 level in the short-term and it cold go up to Rs.25 level in the medium-term.

Source: Internet (moneytimes)

Intraday Trading Calls for 22nd June

Stock Market India may open positive and remains positive for the day today.

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

SCRIP NAME	TRIGGER	PRICE	TARGET 1	TARGET 2
SUZLON	Buy Above	112.10	116.75	122.00
	Sell Below	109.40	105.20	100.00
REL POWER (532939)	Buy Above	177.50	182.60	188.00
	Sell Below	174.50	170.45	165.00
SESA GOA	Buy Above	190.20	196.45	202.00
	Sell Below	187.10	183.40	178.00
TATA STEEL	Buy Above	415.20	425.60	440.00
	Sell Below	406.35	392.45	380.00
GMR INFRA (532754)	Buy Above	147.60	152.45	158.00
	Sell Below	144.70	140.35	136.00
INDIABULLS REALEST	Buy Above	200.50	207.60	215.00
	Sell Below	197.35	192.60	186.00
NAGARJUNA CONSTRUCTION	Buy Above	122.70	128.45	135.00
	Sell Below	119.20	114.35	108.00

GOOD LUCK

Corporate News

Infosys files advance prospectus with SEC to register new securities.(BL)

TCS opened its third delivery unit in Mexico, plans to hire 500 professionals during the current year for that facility. (FE)

Unitech to sell more properties to raise funds in 2009-10. (BL)

Tech Mahindra gets approval from US anti-trust authority regarding its open offer for purchase of an additional 20% stake in Satyam Computers. (BL)

DLF has decided against selling its core assets which it had put on the block as the banks have resumed lending to the company. (ET)

IOC's refining margin may go up to US$5a barrel in Q1. (BL)

JSW Steel and Essar Steel are likely to ramp up production at mills in North America. (BS)

Jaiprakash Associates raised Rs5bn through the sale of 250mn treasury shares. (ET)

Reliance Infrastructure and Hyundai Engineering is expected to bag the contract to connect Bandra-Worli Sealink with Haji Ali at an estimated Rs15bn. (ET)

JSPL, JSW Stainless, Hindustan Zinc and NALCO face the prospect of losing their allotment of captive coal mines as the Ministry issues show-cause notices for failing to achieve key milestones. (ET)

Sesa Goa plans to export 0.5mn tons of iron ore fines. (ET)

Tata Motors plans to set up exclusive showrooms for JLR in smaller towns as a part of its India specific marketing and distribution strategy. (ET)

HDFC and HDFC Bank have trimmed deposit rates by 25bps across various maturities. (FE)

Shree Renuka Sugar plans to expand its capacity to 2,000 tons/day from 1,000 tons/day at its Athani unit in Karnataka. (FE)

Dish TV to invest Rs16bn in 2 years.
(BS)

UTV to invest Rs2.7bn in gaming, including an acquisition and investments in intellectual properties. (BS)

Sterlite Technologies, backed by Chinese vendor Huawei, bags Rs2.5bn contract by BSNL. (BL)

AP government is mulling options of scrapping Rs122bn Hyderabad Metro rail project deal with Maytas Infra-led consortia. (BL)

Havells expects Rs5bn in export earnings over 3 years. (BL)

Royal Orchid Hotels plans to quadruple the number of rooms from the current 1,000 rooms. (BL)

Godrej group sets up M&A cell to explore opportunities in India and abroad. (BL)

MTNL is
looking for new call centre operator in Mumbai circle. (BL)

iGate to hire 400 people this year.
(BL)

LIC seeks permission of IRDA to raise stake in PSBs beyond 10%. (BL)

US based auto component giant Visteon has approached Amtek Auto for the sale of its plants and business. (ET)

ITC Foods, the foods division of ITC, is likely to report a maiden profit this year. (ET)

Elder Pharmaceuticals has signed an agreement with US based MD Anderson Cancer Center to conduct human experiments for its newly discovered anti-cancer drug. (ET)

Air India and SpiceJet announced an increase in fuel surcharge of Rs400/ticket. (FE)

IIFCL disburses Rs54bn for various infrastructure projects. (ET)

Deep Industries bagged Rs296mn contract from ONGC for charter hiring. (FE)

Indowind Energy to invest Rs1bn this fiscal. (BL)

Pyramid Saimira board will meet on June 26 to consider raising funds by placing shares with QIB. (FE)

Source: indiainfoline.com

Intraday Trading Calls for 19th June

Stock Market India may open flat to positive and remains positive for the day today.

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

SCRIP NAME	TRIGGER	PRICE	TARGET 1	TARGET 2
SUZLON	Buy Above	101.60	107.55	112.00
	Sell Below	99.20	95.45	90.00
CAIRN INDIA (532792)	Buy Above	230.25	237.15	245.00
	Sell Below	225.60	221.20	215.00
REL POWER (532939)	Buy Above	180.20	185.65	192.00
	Sell Below	176.35	172.10	168.00
GREAT OFFSHORE	Buy Above	392.75	402.45	415.00
	Sell Below	385.40	377.40	368.00
GMR INFRA (532754)	Buy Above	144.55	150.25	155.00
	Sell Below	141.45	137.55	132.00
CIPLA	Buy Above	257.65	263.45	270.00
	Sell Below	254.35	248.60	243.00
KIRI DYES (532967)	Buy Above	188.10	194.50	202.00
	Sell Below	185.20	180.35	175.00

Penny Stock (Multibagger):

Buy Cals Refineries Ltd. (526652) CMP Rs. 0.72/- For Target Rs. 5/-.

GOOD LUCK

Corporate News

Ministry of Petroleum and Natural Gas has directed Reliance Industries to make additional allocation of natural gas from its KG Basin field to nine power companies. (BS)

TCS aims to prune its selling, general and marketing expenses to 19% of its total earnings. (BL)

NTPC, Reliance Industries case hearing on July 8^{th 2009. (BL)}

^{Infosys has bagged a US$10mn deal from Microsoft. (ET)}

^{HDFC and HDFC Bank are set to cut interest rates on term deposits by up to 25bps. (ET)}

^{Hindalco is close to acquiring a coal mine in Australia for US$70-80mn. (ET)}

^{M&M is betting its diesel pick up trucks to beat the Chinese competition in US markets. (BS)}

^{ONGC - Mittal
to spend US$150mn in Nigeria. (FE)}

^{GAIL has informed Delhi High Court that it has cancelled tender for 3 sections of its Dahej-Vijaipur pipeline where Man Industries was the lowest bidder. (FE)}

^{HPCL and LN Mittal owned Bathinda Refinary is likely to raise Rs20bn through IPO by year-end. (ET)}

^{Tata Communications may sell a minority stake in Tata Communication Internet Services to rope in a strategic partner with proven experience in Wi-Max operations. (ET)}

^{US based Medicis Pharmaceutical Corporation has filed a law suit against Ranbaxy for alleged infringement of its patent on a drug branded Solodyne. (BS)}

^{Ashok Leyland has entered into pact with UBI and Bank to extend retail finance for sales of promotional vehicle. (FE)}

^{NHPC Ltd to float its IPO by end of August 2009. (BL)}

^{Government plans to divest 10% in Coal India Ltd. (BS)}

^{Jet Airways will not offer any frill services in 110 routes out of its 290 routes. (BL)}

^{Jet Airways and Kingfisher Airlines have raised the fuel surcharge by Rs400 on domestic flights. (BL)}

^{Yes Bank plans to enter retail brokerage business. (FE)}

^{Havells India targets Rs5bn revenue from Switch gear exports in the next three years. (FE)}

^{Apollo Group has dropped plans to acquire Wockhardt Hospitals. (BL)}

^{Fortis Healthcare is leading the race to acquire part of Wockhardt Hospitals. (BS)}

^{Wockhardt Ltd has divested its German business Esparma to Mova GmbH. (BL)}

^{Omaxe Infrastructure has bagged an order worth Rs1.3bn from UP Projects Corporation Ltd. (BS)}

^{Dabur India has increased its stake in Fem Care Pharma to 92.15% post completion of the open offer. (BS)}

^{Man Industries is shelving its plan to build a US$100mn plant in Arkansas. (BS)}

^{Godrej Consumers plans to renew focus on hair colours to achieve higher growth. (BS)}

^{AB Nuvo to raise Rs10bn to repay short-term debt. (FE)}

^{Syndicate Bank has raised Rs2bn from sale of bonds. (FE)}

^{Akruti City has delayed its US$500mn QIP issue by a year. (ET)}

^{Source: indiainfoline.com}

Intraday Trading Calls for 18th June

Stock Market India may open flat to positive and remains positive for the day today.

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

SCRIP NAME	TRIGGER	PRICE	TARGET 1	TARGET 2
VOLTAS (500575)	Buy Above	122.60	126.75	132.00
	Sell Below	120.40	116.35	111.00
CAIRN INDIA (532792)	Buy Above	236.70	243.25	250.00
	Sell Below	233.50	229.40	225.00
REL POWER (532939)	Buy Above	186.55	191.65	198.00
	Sell Below	183.70	179.40	174.00
PFC (532810)	Buy Above	198.20	203.75	210.00
	Sell Below	194.60	190.25	185.00
GMR INFRA (532754)	Buy Above	145.70	150.25	155.00
	Sell Below	143.20	139.40	135.00
INDIABULLS REALST	Buy Above	201.25	207.60	214.00
	Sell Below	198.40	193.55	188.00
UNITECH LTD. (507878)	Buy Above	85.20	88.55	92.00
	Sell Below	83.15	80.35	76.00

GOOD LUCK

Intraday Trading Calls for 17th June

Stock Market India may open negative but very high volatility expected today also.

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

SCRIP NAME	TRIGGER	PRICE	TARGET 1	TARGET 2
VOLTAS (500575)	Buy Above	127.75	131.50	135.00
	Sell Below	125.40	121.55	116.00
YES BANK (532648)	Buy Above	137.60	142.25	148.00
	Sell Below	135.20	131.40	127.00
REL POWER (532939)	Buy Above	197.55	202.45	208.00
	Sell Below	194.70	190.20	185.00
IDBI (500116)	Buy Above	112.65	117.05	122.00
	Sell Below	110.35	106.40	101.00
AXIS BANK (532215)	Buy Above	762.75	775.60	790.00
	Sell Below	752.35	739.25	725.00
DCB (532772)	Buy Above	41.75	44.10	47.00
	Sell Below	40.35	38.55	36.00
UNITECH LTD. (507878)	Buy Above	90.05	94.10	98.00
	Sell Below	88.10	85.35	81.00

GOOD LUCK