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23 July 2010
22 July 2010
Know Some Websites
Here I have listed some Market Related Blogs from the Source of Our Blog Follower Mr/Ms TVSR52. Thank you Sir... Please Use these sites for your investing.
21 July 2010
Stock Views from Various Sources
20 July 2010
Stock Calls
Ramsarup hits circuit as Arcelor seen circling
Shares of Kolkata-based Ramsarup Industries were frozen at its daily maximum permissible trading limit of 20% on speculation that ArcelorMittal, the world’s largest steelmaker, is close to buying a stake in the company. The stock, which has risen close to 30% in a week, closed at Rs 102.1. The buzz is that Arcelor is likely to buy the stake at Rs 120 apiece. A senior Ramsarup official declined to comment. Market sources said the deal is likely to be structured, with ArcelorMittal having an option to raise its minority stake in the company later. The company will get an infusion of about Rs 1,000 crore by way of partly convertible debentures shortly, according to a person in the know. The instrument will be converted into equity shares in future.
Inox gains 15% on stake sale speculation
Shares of Inox Leisure rose 14.7% to Rs 74.75 on speculation the Anil Ambani group is in talks to buy a stake in the company. Denying the talk, Deepak Asher, director of Inox Leisure, said, “The speculation is baseless.” An Anil Ambani group spokesperson declined comment. According to a market source, in this deal, Inox will be valued at Rs 400 crore. The promoters of Inox Leisure are locked in a takeover battle with Anil Ambani’s Reliance MediaWorks (RMW) to acquire Fame India. Inox bought Fame promoters’ 43% stake in the company for Rs 44 a share in early March and subsequentl
Shares of Kolkata-based Ramsarup Industries were frozen at its daily maximum permissible trading limit of 20% on speculation that ArcelorMittal, the world’s largest steelmaker, is close to buying a stake in the company. The stock, which has risen close to 30% in a week, closed at Rs 102.1. The buzz is that Arcelor is likely to buy the stake at Rs 120 apiece. A senior Ramsarup official declined to comment. Market sources said the deal is likely to be structured, with ArcelorMittal having an option to raise its minority stake in the company later. The company will get an infusion of about Rs 1,000 crore by way of partly convertible debentures shortly, according to a person in the know. The instrument will be converted into equity shares in future.
Inox gains 15% on stake sale speculation
Shares of Inox Leisure rose 14.7% to Rs 74.75 on speculation the Anil Ambani group is in talks to buy a stake in the company. Denying the talk, Deepak Asher, director of Inox Leisure, said, “The speculation is baseless.” An Anil Ambani group spokesperson declined comment. According to a market source, in this deal, Inox will be valued at Rs 400 crore. The promoters of Inox Leisure are locked in a takeover battle with Anil Ambani’s Reliance MediaWorks (RMW) to acquire Fame India. Inox bought Fame promoters’ 43% stake in the company for Rs 44 a share in early March and subsequentl
19 July 2010
Morning calls
17 Jul 2010, 1727 hrs IST
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Verge of Break out
YES Bank cmp 299 : Possible Upside after facing lot of resistance at current levels. Good upside expected if breaks 300-310.
Orchid Chem (188): Possible Upside after facing lot of resistance at current levels. Good upside expected if breaks 194-200 levels.
Src: ET, Myiris and etc
18 July 2010
Stock and Market Views
Both the Nifty and the Sensex recorded 29-month highs last week. But there was not a single celebratory beep from the market. This cynical attitude is hardly surprising given the numerous attempts made by the benchmark to ‘break out' ...
Investors with a two-year horizon can buy the shares of Wipro, a leading software services and hardware player, given the revival in volumes (person-months billed) in its IT services business and strengthening domestic presence (IT products) ...
Investments with a one-two year time horizon can be considered in the stock of Punjab National Bank (PNB), as the bank despite its size, holds strong growth prospects. The overall pick-up in credit growth augurs well for PNB, which has ...
Disappointing results over several quarters and the sharp run-up in the stock of ABB after the announcement of an open offer, have resulted in the stock trading at very steep valuations, far higher than peers and not supported by ...
The stock of Hindustan Petroleum Corporation Limited (HPCL), the government-controlled downstream oil refining and marketing major, has run up sharply since the fuel pricing reform measures late ...
Investors with a high appetite for risk and a two-three year perspective may buy the stock of Simplex Infrastructures, a diversified construction contractor. Our previous buys on this stock were at Rs 137 in January 2009 and at Rs 415 ...
Results so far have only managed to pleasantly surprise the markets. While there is no telling what the next week's result announcements would entail, trends in index option trading hint at a range-bound market. Most of the open interest ...
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