Owner: Stocks To Buy URL:http://stocktobuy.blogspot.com/ Join Date: Sat, 18 Aug 2007 10:45:47 -0500 Rating:0 Site Description: This is the best blog for tips on shares in Indian stock markets and Investment advice. Site statistics:Click here
Markets today 2007-10-08 05:55:00 Sensex was down today majorly on account of political uncertainly with the ruling party hinting at mid-term elections. About 561 shares have advanced, 2435 shares declined and 45 shares have remained unchanged. Metals, banks and reality stocks have been hard hit. At one point market was down nearly 400 points or over 2%. Read more:Markets
IFCI 2007-10-08 05:54:00 It was another bad day for IFCI. It lost almost 9% today. It has gone done my about 20% in the last few trading sessions. Many analysts still hold the view that IFCI is a good long term buy.
Stock Investment: KS Oils 2007-10-07 06:23:00 KS Oils at the CMP of Rs 72.50 is a very good investment option. The recommendation has been given by Mr. Deven Choksey. His advice has been based on the company's future growth potential, both organic and inorganic, change in business practices and strategies and on future business plans. Read more:Stock
Stock Market Trading Tip 2007-10-07 06:11:00 E Mathew has given the following short term targets for GMR Infra and Cairn IndiaGMR Infra: Target of Rs 230 with a stop loss of Rs 170. CMP Rs 173.Cairn India: Target of Rs 202 with a stop loss of Rs 175. CMP: Rs 180. Read more:Stock Market
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Investment pick: Punj Lloyd 2007-10-16 03:18:00 I gave recommendation of Punj Lloyd
on 10th of August when the CMP of this stock was around Rs 275. Currently the stock is trading at Rs 390 levels i.e. almost 42% return on investment in 2 months!!! Now a number of analysts have given a buy rating to this stock including Mr Sudarshan Sukhani. India Infoline has also come out with a buy recommendation on this stock on 15th October. Read more:Punj Lloyd
Sensex at 19K: What to do now?? 2007-10-15 16:03:00 Who would have believed if somebody said that sensex would close at 19K 4 days ago. But that is exactly what has happened. Sensex closed above 19K today to close at 19058.67!! But what should people like you and me do at this point? Should we invest more in stock markets at this point or sell or adopt a wait and watch policy. I think it is a good time to take a long and hard look at your portfolio. Stocks that have given you consistent returns need to seperated from the ones that have been rolling just in this bull market. Now the risks are a lot higher so you need to careful and not over invest. I think profit booking to some extent, atleast the trading bets, would be a good idea. Who said stock trading or investment was easy?
Stock Markets Today 2007-10-18 12:30:00 Almost 1000 points down in a day!! As per a report investors have lost over Rs 2.7 trillion in the last 2 days!!! Almost all the major stocks have corrected in the range of 10-18% from their day's highs. This has mostly been on account of funds selling off on account of uncertainly on political front. Now we can only wait and watch and see what happens tomorrow. Let's hope for the best! Read more:Stock
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Udayan Mukherjee's Analysis of the P-Notes Issue 2007-10-20 07:40:00 "The stock market reaction to the P-note draft is unambiguous. The Finance Minister may wish it away by ascribing it to rumours but all of us know the real reason for this selloff. Every investor fears that our market could be robbed of the big dollar trigger if this draft were to become law. The fears are not unfounded. While the regulator and the Finance Minister have been glibly proclaiming that P-notes have not been banned, the product has essentially been killed. Sure, small shuffles and marginal flows can happen but the P-note is history, if this draft were to come through. The genesis of this whole move is the rupee. On that score the Finance ministry should have all our sympathy. The rupee is a problem for the country. At this rate it will kill many industries, render lakhs jobless and may have deep economic ramifications. No Finance minister can want that. Yet, this is an inevitable fallout of a rapidly growing economy. The solution cannot lie in controlling flows of global ca Read more:Mukherjee
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Stock Tip: Neyveli Lignite 2007-10-18 03:05:00 This stock looks like a good long term bet. Ashwani Gujral has given a target of Rs 150 for this stock in the short term. Analyst Sudarshan Sukhani is also of the view that this stock should be accumulated on dips and should be kept for long term. CMP: Rs 133 Read more:Stock
Stock Markets today 2007-10-18 02:55:00 Markets are up today on account of heavy buying seen in sectors like Telecom, Capital goods, oil and gas, reality stocks etc. The markets have not only recovered yesterday’s losses but touched new highs today. Read more:Stock
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What is Short Selling? 2007-10-21 11:58:00 What is short-selling? Short
-selling, in the context of the stock market, is the practice where an investor sells shares that he does not own at the time of selling them. He sells them in the hope that the price of those shares will decline, and he will profit by buying back those shares at a lower price. In India, there is no prohibition on short-selling by retail investors. Institutional investors —domestic mutual funds and foreign institutional investors registered with the Securities and Exchange Board of India (Sebi), banks and insurance companies — are prohibited from short-selling and are mandatorily required to settle on the basis of deliveries of securities owned and held by them. How is short-selling beneficial? Short-selling is considered an essential feature of the securities market not just for providing liquidity, but also for helping price corrections in over valued stocks. Supporters of short-selling claim its absence distort efficient price discovery, gives promote
Bottomfish in this market? 2007-10-21 11:54:00 Should you be lapping up good stocks at the current levels? Markets have corrected by almost 8% in the last 4 trading sessions. Most of the good stocks have been down between 10-20%. Should you then buy in the current market? Indiabulls Securities’ CEO Divyesh Shah says, “If you are holding a good stock in your portfolio, keep it. It is not advisable to bottomfish in these markets. From what we see now, volatility is so high, it wouldn’t take even five minutes to wipe out a sizeable portfolio. Maintain status quo would be my advice to clients,” Mr Shah added. I agree with this sentiment completely. Unless the FM gives some clarity on the P-Notes issue the uncertainty might continue with FII selling off majorly. But there is a strong argument against this as well. Since the fundamentals are still the same this is only a short term blip and investors can use this opportunity to pick up stocks from a long term perspective.
Tata Teleservices 2007-10-29 18:35:00 TTML looks like a good buy right now and can go upto 55-60. It moved smartly today and was up 9.83%. CMP: 47.50.
Buy Reliance Petroleum 2007-11-07 00:04:00 Reliance Petroleum
is a good buy at this time. It has corrected a bit today and touched a low of Rs 205 today. You can buy this on declines with short term target of Rs 230-245. Keep a Stop loss of Rs 184. CMP: 216 Read more:Reliance
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Status report: Neyveli Ligite 2007-11-06 09:45:00 Neyveli Ligite touched an intra day high of Rs 180 today!! That is almost 35% increase from its recommended price of Rs 133. Congrats to those who bought this one!!!BTW I am on my vacation and that’s the reason for infrequent posts :-)Will be back soon!! Read more:Status
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Bulls fail to stir some bluechips 2007-11-11 02:24:00 The stock market is breathing octane these days. The Sensex has clocked new records as the indices attained new heights, but amidst the fireworks there still exist some losers — which remained untouched by the great euphoria witnessed in the Indian stock markets over the last 20 months. Yes, you are right. We are talking about the laggards who remained bearish even as the bull raced ahead on Dalal Street from February 8, 2006 when Sensex for the first time touched 10K to October 29, 2007 when it touched the historic figure of 20K. The majors from the BSE 100 which ended up gasping during the period include Hindustan Petroleum (HPCL, -23% ), Glaxosmithkline Pharmaceuticals (-19%), Hero Honda Motors (-16%), Cipla (-14%), Bharat Forge (-13%), Indian Oil Corporation (- 13%), Patni Computer Systems (-11%), Tata Tea (-3%) and Bharat Petroleum Corporation Limited (-2%). Analysts believe that there isn't just a singular justification for why they didn't click when every other companies s
Shares set to rise further in 2008: JPMorgan 2007-11-11 02:21:00 Stock markets in India are expected to rise further next year but at a slower pace as high valuations and a fall in corporate profit growth limit gains, analysts at JPMorgan
said. The Mumbai market's benchmark index is expected to rise to 22,500 points by the end of next year, up 16 per cent from Tuesday's close of 19,400.67. The index has gained nearly 15 per cent in October, its biggest monthly gain in almost four years, taking its rise this year to 40 per cent. It had gained 47 per cent last year and 42 per cent in 2005. Bharat Iyer, head of research at JPMorgan in India, said corporate profits, which had grown 25-30 a year for the past three years, would slow from a high base. "You have challenges in the form of rupee appreciation, volatility in interest rates, etc. So you expect earnings growth to structurally slow down. "It's still very attractive in absolute terms at 19-20 percent, but the fact of the matter is that you are coming down from 30 percent to 19-20 per cent, which
Re-enter IFCI 2007-11-08 04:07:00 Both Sudarshan Sukhani and PN Vijay are of the opinion that this stock can be reenter
ed at the current price for short term. I had given this recommendation when the price of this stock had fallen to Rs 77. CMP: 83.60
Shiv-Vani Oil 2007-11-08 04:03:00 Sharekhan has maintained a buy rating on Shiv-Vani Oil and Gas Exploration Services. They have given a target of Rs 480. This is an extract out of their report ."Shiv-Vani Oil & Gas Q3CY2007 results were ahead of our expectations. The order inflow was also healthy as the company has received orders of around Rs400 crore over the last three months and the order backlog has grown to over Rs 3,000 crore. The outlook for Q4 is encouraging with the commencement of the much-awaited Rs650-crore coal bed methane (CBM) project awarded by Oil & Natural Gas Corporation (ONGC). At the current market price the stock trades at 11.1x CY2008 and 8.7x CY2009 estimated earnings. We maintain our Buy call on the stock with a price target of Rs 480"CMP: Rs 380
Edelweiss IPO subscribed nearly 6 times 2007-11-15 12:52:00 The initial public offer (IPO) of brokerage firm Edelweiss Capital of Thursday got subscribed by nearly six times on the very first day of its issue. The issue received bids for 4.87 crore shares as against 83.86 lakh shares on offer, latest data available on the Bombay Stock Exchange show. The price band for the issue, which was subscribed 5.81 times, has been fixed between Rs 725-825 per share. The offer would close on November 20. The issue got robust response from investors with Qualified Institutional Investors subscribing 8.39 times and the Non-Institutional investors subscribing 8.49 times. The company is planing to raise about Rs 700 crore of which for Rs 378 crore would be utilised for strengthening operations of its unlisted securities arm Edelweiss Securities Ltd (ESL) and Rs 57 crore would be used in its own operations. The company proposes to fix issue price on November 27 and the listing would take place in the second week of December. Kotak Mahindra Capital, Citigroup an
Rocketing rentals: India’s 4 costliest markets in Delhi 2007-11-15 12:49:00 At a whopping rental of Rs 950 per sq ft, Delhi’s Khan Market has emerged as the country’s most expensive retail location, far ahead of its pricey Mumbai counterparts. To top that, it is also the 16th most expensive shopping location in the world. The top four expensive locations in India
are Khan Market, Connaught Place, South Extension and Greater Kailash, according to a report — Main Streets Across the World — by global real estate consultancy firm Cushman and Wakefield. These are followed by Mumbai’s Linking Road, Kemps Corner and Colaba Causeway. Khan Market, whose rentals have gone up by 35.7% from Rs 700 per sq ft per month in 2006 to Rs 950 in the quarter ended June 2007, became the 16th most expensive shopping location in the world — ahead of Tverskaya in Moscow and Wanfujing in Beijing. That’s a jump of eight places for the market that ranked 24th on the list in 2006. In India, it continues to be the most expensive market. SIZZLING CAPITAL Delhi’s Khan Market,
Status Report 2007-11-20 02:53:00 GMR Infra is currently trading at Rs 253. I recommended this stock when it was at Rs 176. This is an increase of almost 45% !!! Sudarshan Sukhani is of the view that GMR Infrastructure has more headroom left compared to JP Associates. Sukhani told CNBC-TV18, "JP Associates is the better chart but GMR is a better buying opportunity as of now so because there is more headroom. I would feel GMR probably is now ready to breakout and do what JP Associates has already done." Read more:Status
Precision Pipes IPO 2007-12-15 11:40:00 Precision Pipes and Profiles Company, a Delhi-based OEM supplier to the automobile industry, is entering the capital market with an initial public offering (IPO) of 50-lakh shares on December 17, 2007.The price band of the issue has been fixed between Rs 140 and Rs 150 per equity share of face value of Rs 10 each. The bids will close on December 20."Subscribe" has been the general view on this IPO. Read more:Precision
BEL IPO over-subscribed nearly 13 times 2007-12-15 11:33:00 The initial public offering of real estate firm Brigade Enterprises Ltd today got over-subscribed by nearly 13 times.
Investors flock to mid-cap counters 2007-12-15 11:31:00 Mid and small-cap shares remained in focus on Friday, as investors continued to mine the broader market in search of value bets. With the valuations of frontline shares perceived to be stretched, investors restricted activity in this segment to a few, resulting in equity benchmarks closing marginally lower in a listless trade on Friday. The Sensex closed at 20,030.83, down 73.56 points, or 0.37%. Nifty ended at 6,047.70, down 10.4 points, or 0.17%. In the broader market, the small and mid-cap indices rose 1-2%. Gainers led losers at 2,082:830 on BSE, indicating that the bullish streak is intact. Analysts and fund managers said investors are lapping up mid- and small-cap shares because many of them trade at a discount in valuation to their frontline counterparts. "Mid-caps are now trading at a 20-25% discount to large caps, the highest over the past 4 years. Therefore, the trend witnessed in November, where benchmark indices declined while the broader market indices outperformed, may Read more:Investors
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