dkishore
10-03-2008, 07:49 AM
* SEBI may ease the strictures governing P Notes to woo FIIs and attract funds to India.
* Anil Ambani has some more investor-friendly moves up his sleeve. One of them could be a warrant issue to Reliance Power holders.
* If the US slowdown is for real then TCS, Infosys and Satyam will lose out both on the topline as well as the bottomline.
* Dish TV basks in sunshine thanks to the exemption of customs duty on set top boxes.
* Bank of India around Rs.275 is a safe bet and offers a 50% upside from t6he current level.
* Exemption from excise duty on wireless data card is a positive trigger for RCom, Bharti Airtel and Tata Telecom.
* The best option for investors is to shift to mutual funds now. Morgan Stanley ACE could be one such fund that can give good returns for patient long-term investors.
* Look out for stocks in irrigation systems. Jain Irrigation is the leader but there is also a dark horse in Sturdy Industries, which plans to merge its drip irrigation arm.
* Good dividend paying companies of over 15%-20% are a good defensive play in a bear market. Look out for Zenith Fibres, South India Paper Mills and other consistent dividend paying, low-priced stocks.
* While the market is yet to recover from Rs.60,000 cr. loan waiver bonanza to farmers, there is another shock in store. In the first week of April 2008, the Sixth pay commission for government employees will be announced and can lead to a collapse of finances of several State Governments!
* Most mid-caps are available at one third and at the levels they use to trade in 2005. Will there be a sharp recovery or will 2008 be the worst year?
* Thanks to the open offer announcement at Rs.517, Flat Products is holding strong despite such sharp correction and bearish mood. Add on declines.
* The revolutionary ‘plastic to power’ story of Asian Electronics doesn’t have any takers as its share price has crashed to one third from its January 2008 high of Rs.590.
* Thanks to the carnage, many scrips now dividend yield of more than 5%. Chemfab Alkalies, Varun Shipping, Royal Orchid, ABC Bearings, Thirumalai Chemicals, Z F Steering, Sundaram Brakes, Cosmo Films, Andhra Bank, S I Paper and Tera Software to name a few.
* Ajmer Realty & Infra Ltd. will be the new name of Shree Pre-coated Steels and the share may be upgraded to the ‘A’ group as also split the face value to Rs.2 per share.
* DLF has entered into joint venture with the limitless group of Dubai to set up a ‘Knowledge City’ at Bidadi near Bangalore.
* Anil Ambani has some more investor-friendly moves up his sleeve. One of them could be a warrant issue to Reliance Power holders.
* If the US slowdown is for real then TCS, Infosys and Satyam will lose out both on the topline as well as the bottomline.
* Dish TV basks in sunshine thanks to the exemption of customs duty on set top boxes.
* Bank of India around Rs.275 is a safe bet and offers a 50% upside from t6he current level.
* Exemption from excise duty on wireless data card is a positive trigger for RCom, Bharti Airtel and Tata Telecom.
* The best option for investors is to shift to mutual funds now. Morgan Stanley ACE could be one such fund that can give good returns for patient long-term investors.
* Look out for stocks in irrigation systems. Jain Irrigation is the leader but there is also a dark horse in Sturdy Industries, which plans to merge its drip irrigation arm.
* Good dividend paying companies of over 15%-20% are a good defensive play in a bear market. Look out for Zenith Fibres, South India Paper Mills and other consistent dividend paying, low-priced stocks.
* While the market is yet to recover from Rs.60,000 cr. loan waiver bonanza to farmers, there is another shock in store. In the first week of April 2008, the Sixth pay commission for government employees will be announced and can lead to a collapse of finances of several State Governments!
* Most mid-caps are available at one third and at the levels they use to trade in 2005. Will there be a sharp recovery or will 2008 be the worst year?
* Thanks to the open offer announcement at Rs.517, Flat Products is holding strong despite such sharp correction and bearish mood. Add on declines.
* The revolutionary ‘plastic to power’ story of Asian Electronics doesn’t have any takers as its share price has crashed to one third from its January 2008 high of Rs.590.
* Thanks to the carnage, many scrips now dividend yield of more than 5%. Chemfab Alkalies, Varun Shipping, Royal Orchid, ABC Bearings, Thirumalai Chemicals, Z F Steering, Sundaram Brakes, Cosmo Films, Andhra Bank, S I Paper and Tera Software to name a few.
* Ajmer Realty & Infra Ltd. will be the new name of Shree Pre-coated Steels and the share may be upgraded to the ‘A’ group as also split the face value to Rs.2 per share.
* DLF has entered into joint venture with the limitless group of Dubai to set up a ‘Knowledge City’ at Bidadi near Bangalore.