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praveen
02-06-2008, 07:13 AM
MT


* Bhuwalka Steel has projected a revenue of Rs.125 cr. with profit of Rs.12 cr. from joint venture pealty project in Bangalore. Stock to watch for consistency in performance.

* Master Trust has been gaining investor fancy once again. The company has a good investor base in Punjab and in rural areas.

* Futura Polyester has planned a rights issue at Rs.10 each. Stock can be accumulated on declines.

* If BPCL, HPCL and IOC were companies with majority public holding and run on commercial lines they would have brought honours to the country.

* UTI MF, SBI MF and four other AMCs to float sharia-compliant equity schemes for foreign as well as Indian investors.

* HDFC and LIC Housing face the music in the dull housing market. They now allow EMI holidays till possession!

* Government enhances ECB limits by 5 times to help corporates raise cheaper foreign loans. Why not allow NTPC and other PSUs even to raise ECBs?

* Bonus from L&T when the capital goods sector is in a cool off may mean some more cheerfulness from other capital goods companies.