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RAMAKANTH
26-11-2007, 06:47 AM
* Numeric Power is likely to consider liberal bonus in the current year.

* Rolta may undertake complex projects like nuclear power plants for China with Westinghouse, in which its Stone & Webster holds 20%.

* Honda Siel Power may consider liberal bonus with hefty payout in FY08. Its share may is touch Rs.350.

* The valuation of coal methane blocks owned by Deep Industries is whopping Rs.1100 cr., which gives it a share price of Rs.550 on its small equity of Rs.20 cr. Marketmen expect big developments in this company.

* Investors sold Ansal Housing in panic due to the conviction of Ansal brothers in the Uphar Cinema tragedy. But Ansal Housing is led by Deepak Ansal and is not affected.

* Operators are at work in the Bihar Tubes counter. Scrip may zoom past Rs.200 in the short term. Keep a close watch.

* JK Lakshmi Cement has come out of the CDR purview as it has already replaced high cost debt of Rs.325 cr. by cheaper funds. The scrips may move up to Rs.220-240 is couple of months.

* Although Vakrangee Software and Tera Software is not into exports their share price is tumbling in line with other software exporters. Since both companies are pure domestic plays not affected by the rupee appreciation, grab them at every decline.

* A reputed broking firm is bullish on Ind Swfit Labs and is aggressively recommending it to clients for a target price of Rs.80 in the short-term.

* JHS Svendgaard, an oral hygiene solutions company is setting up a subsidiary at UAE. The stock is a good medium term bet as it expands its business globally.

* Majestic Auto has been witnessing increased volumes. It reportedly has a huge land bank in Ludhiana and is looking at retailing opportunities.

* With huge orders and aggressive plans, Asian Oilfield Services is poised for a smart move. The company may rope in strategic investors soon.

* IT stocks are available at attractive levels. Dollar concerns are mostly for BPO companies as compared to hardcore IT companies. A good time to accumulate Infosys.


MT