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Friday, January 04, 2008

Rakesh Jhunjhunwala Picks for 2008 ?


Rakesh Jhunjhuwala Picks ? Ramesh Damani Picks ?

Who are they ? Our own readers have their picks !

If you haven't given us your picks... Hurry up!

The Stock Picks of 2008, see what the readers want you to buy !

Reliance Power IPO


With so much of hype on Reliance Power. We are sure everyone would want to apply for the issue

If one gets an option for Part Payment, almost everyone would apply for 1L

Across messageboards, people are preparing to apply in 4,5,6 demat accounts.

There is a decent issue in Future Capital Holdings which actually has a business, do check that out as well

Analysts Meet Free Listing


For the benefit of the PR and the companies, we will posting FREE PR Listings on this site.

Take advantage of this opportunity and invite the best analysts and journalists right here!

Read more here

Weekly Close: Is 20k here to stay??


Week started ranged with New Year eve with less participation but midcaps and small caps had their charms but heavy weights traded sluggish at the start of the week. Party mood in the initial 2 days kept the trading activity muted and that limited the support from the Global front as well. Third day of the week saw indices end in red as global market also witnessed profit booking as crude touched $100 per barrel which weighed across but Indian oil companies rallied. Oil marketing companies rejoiced as Oil ministry declared to hike price of Petrol by 4 Rs and Diesel by Rs 2. Adding to this was Gold which also touched it?s all time high of $879 an ounce. Indian Power stocks also rallied with the largest IPO in the history of Indian Capital Markets by Reliance Power Ltd. As mentioned Mid Caps and Small caps have outperformed this week too. Market rallied on the last day of the week with over 300 points with optimism across, oil and power stocks are the winners for the week. Next week we enter the results season which will decide the market direction.



US markets had weak trade so far with economic data was somewhat positive offsetting the worries of recession a bit. US markets have sustained at below 200 DMA and that clearly is a confirmation that life will be tough for them. Global cues are something to worry about.

Sensex gained 2.14% for the week and Nifty gained 3% for the week. Sensex was supported by REL +15.99%, NTPC +12.05%, Ongc +9.23%, Tata motors +7.26%, HDFC +7.05%, ITC +6.74%, Hind Unilver +5.81%, DLF +5%, ICICI Bank +4.23%, Rcom +3.77% while Sensex was dragged by Wipro -6.80%, TCS -6.58%, Satyam -5.69%, Infosys -5.61%, Ambuja cement -3.75%.

old-Tek Technologies Limited (Mold Tek) is one of the leaders in packaging and an emerging player in the Structural Engineering KPO Services. Though the revenue from the IT business is less but there has been continuous growth and its KPO part would be one of the multi bagger in next few years. The company has been able to maintain similar profit margins despite rupee appreciation as higher productivity came into play. It managed to achieve almost 90% growth in sales and net profit for its KPO Division in a challenging US environment. The company is also in the process of demerging its KPO business from its Plastic packaging business by April?08. The de-merger would result in better focused business and valuations. The demerger would unlock value as well. The stock hit its all time high today and has just started to deliver. Do read the detailed note on our site.

Karuturi. Com is the largest manufacturer of flowers post the Kenyan acquisition. The numbers would flow in top line and bottom line from this quarter. Flowers is really localised and fragmented business. But, Karuturi has really done great job and is now a global company. We tracked the stock 2 years back and the stock has delivered exceptionally well. Our note in the site should give you good idea about the company.

Adhunik supplies specialized steel & value added steel components to industries such as Automobiles, Power, Defence and Engg companies. Adhunik Metaliks was on lime light for the week after the news that expansion plan is getting completed in next quarter itself and from next quarter Adhunik will have 4.5-lakh tonne capacity available. As far as power is concerned 17 MW is running and another 17 MW is coming by next quarter itself so combining will fiche about 34 mega watt of captive power plant in the steel business. The valuation looks attractive considering its transformation to a fully integrated steel player. We believe primarily growth will be driven by higher realization as a result of rolled products ( rolled from outside rolling companies, as its own rolling mill is likely to come in FY08). We had a Wow call here which was booked after it delivered gains of more than 15% in a week.

Paramount Communication (Paramount) is one of the leading manufacturers of Power Cables, Railway Cables and Telecom Cables. It supplies large variety of specialized cables and wires for diversified range of industries. Paramount is expanding the capacity in three phases with an investment of Rs 120 cr. Paramount recently acquired, a company called AEI cables in UK which is one of the oldest cables manufacturing company with a good reputation. This company has major presence in UK and presence in the industrial and construction cables; also has comparable presence in Defense and Railways. Valuations are certainly attractive. The company is growing organically and inorganically. The future seems to be promising; the capacities are coming at the right time. The recent acquisition should give a big jump to the top line but margins are where the risk lies. The margins of the UK unit may take its time and the valuation would be thus dependent on this turnaround. The turnaround of the acquired entity will be a major trigger for Paramount. We are positive on the business and Paramount?s prospects. One can accumulate at dips for long term investment prospect.

Sensex traded well above the 20k for the entire week. Bullishness was seen across the sectors. Recently the Pharma and FMCG stocks have picked up and fresh money seems to ge getting into these stocks. These are defensive stocks and hence what we can derive is money is that big money is moving into safer sectors. Traders should trade with caution in midcaps and small cap stocks which have risen very smartly for a last few weeks. Sensex resistance is seen at 20750--20950. Fresh bullishness will trigger in if this range is crossed and we might move upto 22000. On the lower side, Sensex has support at 20k and 19500

Sensex garners 480 points


The market edged higher, last week, to hit record high in anticipation of good Q3 December 2007 results. The BSE Mid-Cap and Small-Cap indices spurted.

The 30-share BSE Sensex rose 479.94 points or 2.38% to 20,686.89, a record closing high, in the week ended 4 January 2008. The S&P CNX Nifty gained 135.70 points or 2.21% to 6274.30, a record closing high, in the week.

The BSE Small-Cap index surged 982.82 points or 7.62% to 13,884.11 in the week. The BSE Mid-Cap index rose 538.49 points or 5.62% to 10,113.06 in the week.

The market posted modest gains on 31 December 2007, led by gain in telecom stocks and in select heavyweights. The 30-share BSE Sensex rose 80.04 points or 0.40% to 20,286.99. The broader CNX S&P Nifty rose 58.90 points or 0.97% to 6,138.60.

The market posted marginal gains on 1 January 2008. Trading for the day began on a firm note. The market slipped into negative zone in mid-afternoon trade before recovering from lower level later. The 30-share BSE Sensex rose 13.72 points or 0.07% to 20,300.71. The broader CNX S&P Nifty gained 5.75 points or 0.09% to 6,144.35.

The market recovered from lower level in highly volatile trade to end at higher level on 2 January 2008. The 30-share BSE Sensex surged 164.59 points or 0.81% to settle at record closing peak of 20,465.30. The broader CNX S&P Nifty was up 35.05 points or 0.57% at 6179.40.

The market edged lower on 3 January 2008, dragged by decline in IT, cement stocks and fall in select index heavyweights. The 30-share BSE Sensex settled 120.10 points or 0.59% lower at 20,345.20. Nifty declined marginally by 0.85 points or 0.01% to 6178.55.

The 30-share BSE Sensex surged 341.69 points or 1.68% at 20,686.89, on 4 January 2007. The broader CNX S&P Nifty rose 95.75 points or 1.55% at 6274.30. Sensex, Nifty, BSE Mid-Cap and BSE Small-Cap indices struck all-time highs.

India's largest private sector firm by market capitalization & oil refiner Reliance Industries advanced 3.02% to Rs 2985.85 in the week.

India's largest private sector bank in terms of net profit ICICI Bank rose 4.75% to Rs 1285.35.

India's largest power generation company in terms of net profit, National Thermal Power Corporation surged 12.57% to Rs 271.75 in the week.

India's largest private sector power utility company in terms of net profit, Reliance Energy (REL) surged 16.47% to Rs 2510.35. Reliance Power (RPL), in which REL holds 50% stake, plans to raise as much as $3 billion in the nation's biggest initial public offering. Reliance Power will sell 26 crore shares at a price band of Rs 405 to Rs 450 per share.

Housing Development Finance Company, India's largest dedicated housing finance company in terms of operating income, rose 6.41% to Rs 3111.30. HDFC agreed to sell 7.15% stake in its life insurance joint venture - HDFC Standard Life Insurance Company - to its foreign partner, Standard Life (Mauritius Holdings), for about Rs 201 crore.

India's largest cigarette manufacturer in terms of sales, ITC jumped 6.84% to Rs 219.55. As per reports, ITC's subsidiary Fortune Park Hotels plans to invest around Rs 130 crore in three or four hotels in Bangalore, Coimbatore and Kolkata.

Bharti Airtel, India's largest cellular services provider in terms of market capitalisation rose 0.80% to Rs 948.25.

Infosys Technologies, the nation's second biggest software exporter in terms of net profit, declined 5.62% to Rs 1694.80 in the week. Infosys will be one of the first among India's big companies to report Q3 December 2007 earnings on 11 January 2008.

India's second largest real estate firm by market capitalization Unitech spurted 7.66% to Rs 520.85 in the week on reports the company is making an aggressive entry into the booming realty market in the south. It is on the verge of announcing two joint development deals, involving over 1,400 acres of prime land in Hyderabad and Chennai.

India's top car maker by sales Maruti Suzuki India fell 2% to Rs 964.50 in the week after the company said it will raise prices of some vehicles by 2-3% in January 2008 because of higher raw material costs.

Anil Dhirubhai Ambani group firm Reliance Capital (RCL) soared 5.74% to Rs 2766.05 in the week. Earlier on 22 December 2007, some reports suggested that Reliance Capital's unlisted subsidiary Reliance Technology Ventures (RTVL) had invested in US-based telecom solution provider Stoke Inc. for an undisclosed sum. The US-based firm enables telecom operators to solve security services problems across different broadband access.

Burnpur Cement settled at Rs 46.35 on BSE, a premium of 286.25% over the fixed IPO price of Rs 12, on 3 January 2008. The stock debuted at Rs 18.45, a premium of 53.75% over the IPO price.

The Securities and Exchange Board of India on Wednesday, 2 January 2008 announced that institutional investors would be permitted to commence short-selling on the bourses from next month. Short-selling — in effect, selling shares without owning them — was banned in 2001 in the wake of the Ketan Parekh stock market scam. After a six-year gap, the Reserve Bank of India gave the go-ahead to foreign institutional investors (FIIs) earlier this week to enter into this mode of blank transactions on the bourses. And now it is the market regulator’s turn to permit short-selling by all institutional investors from 1 February 2008.

On 30 December 2007, the Finance Ministry ruled out raising interest subsidy beyond 2% for short term crop loans. Earlier, the minister of state for agriculture Kanti Lal Bhuria had said that his ministry was trying to ensure that farmers get short-term crop loans at 5%. Moreover, the Standing Committee on Finance observed that the 2%subsidy is inadequate, considering the requirements of the farming community.

On 30 December 2007, while addressing a press conference in Chandigarh the leader of opposition L K Advani stated that the Bharatiya Janata Party (BJP) was on a comeback trail. The minister added the BJP's victories in Gujarat and Himachal would change India's political scene.

Merchandise exports grew 26.82% to US$ 12.42 billion in November 2007 from US$ 9.79 billion in Noveber 2006. However, export growth was slower than a 35% increase in October 2007. Exports decelerated 22.08% in April-November 2007 over a 26.6% rise in in April-November 2006.

Inflation based on the wholesale price index (WPI) moved up to 3.50% for the week ended 22 December 2007, as compared with 3.45% in the week ended 15 December 2007, primarily due to the increase in prices of manufactured goods and fuel items

Market may extend gains


The market may extend gains on expectations of good Q3 December 2007 results. However, concerns over slower global growth and record high crude oil prices may cap gains. Inflow from foreign institutional investors (FIIs) hold key.

FIIs bought shares worth Rs 5579.10 crore in the month of December 2007. FIIs had sold shares worth Rs 5,849.90 crore in the month of November 2007. FII inflow in calendar year 2007 totaled Rs 71,486.50 crore as compared to Rs 36,539.70 crore in 2006.

Mutual funds were net buyers of shares worth Rs 3203 crore in the month of December 2007.

The 30-share BSE Sensex rose 479.94 points or 2.38% to 20,686.89, a record closing high, in the week ended 4 January 2008. The S&P CNX Nifty gained 135.70 points or 2.21% to 6274.30, a record closing high, in the week.

IT bellwether Infosys Technologies will announce results on 11 January 2008.

Small-cap and mid-cap stocks may continue their rally on momentum buying, as indicated by strong market breadth in the past few days. The BSE Small-Cap index surged 982.82 points or 7.62% to 13,884.11 in the week. The BSE Mid-Cap index rose 538.49 points or 5.62% to 10,113.06 in the week.

Of late, global markets have come under selling pressure on concerns that credit market crisis may intensify further. Any major sell-off there may cast its shadow here as well. The influential US non-farm payrolls data for December 2007 which is due on Friday, 4 January 2008, will set the tone for global markets.

Crude oil closed lower on Thursday, 3 January 2008 after hitting another record high of $100.09 earlier in the session. Light sweet crude for February delivery finished at $99.18, down 44 cents on the NYMEX.

Inflation based on the wholesale price index (WPI) moved up to 3.50% for the week ended 22 December 2007, as compared with 3.45% in the week ended 15 December 2007, primarily due to the increase in prices of manufactured goods and fuel items.

While addressing a press conference in Chandigarh leader of opposition L K Advani, on 30 December 2007, stated that the Bharatiya Janata Party (BJP) was on a comeback trail. Advani added BJP's victories in Gujarat and Himachal Pradesh assembly elections would change India's political scene.

Reliance Power discount for Retail investors


Retail investors will get a discount of Rs 20 per share on the issue price which will be decided through book building process. However, the public offer is only for 30 per cent of the issue.

Dish TV sells stake


Subhash Chandra's direct-to-home venture Dish TV has announced that it has sold 4.9% stake in the company to Indivision India Partners, a Mauritius-based private equity firm promoted by Kishore Biyani's Future Capital Holdings, for Rs 250 crore.

Dish TV will raise the money in two tranches. It will do a preferntial allotment of 12.5 million equity shares of Rs 1 each at a price of Rs 100 to raise Rs 125 crore. Indivision will also subscribe to 96,15,385 warrants, which will be converted into equity at Rs 130 a share, 18 months later.

The cash will be deployed to expand Dish TVs operations. "We intend to raise over Rs 1,000 crore in the next two years for our growth strategy," Arun Kapoor, CEO, Dish TV, told Business Standard recently.

Currently, the direct-to-home service provider has around 2.6 million subscribers — a market share of 67% of the 3.9 million subscribers in the market.

Kapoor said Dish TV aims to add over 1 million subscribers each year, and by March 2011, hopes to have around 8 million subscribers. As of now Dish TV has a presence in 4,300 towns and in the next two years it plans to operate in 1,500 to 2,000 more towns.

Via Business Standard

Manaksia IPO Listing


Will List On 8 January 2008

The company had fixed the issue price at the top end of the Rs 140-160 price band. At the IPO price of Rs 160, the PE multiple works out to 12.12, based on the year ended March 2007 annualised EPS of Rs 13.20.

See the Grey Market Premium by click on the GREY MARKET SEARCH label below

Sensex scales new peak


The Sensex rose to an all-time high led by gains in oil, capital goods, and banking stocks. The market resumed on a strong note despite mixed global cues, but investor’s strong appetite for heavyweights, power, banking, oil, and capital goods stocks saw the Sensex rally further. Strong participation from Reliance group companies also cheered investor sentiment. The Sensex breached the 20,700 level in the afternoon trades and held on its gains. Relentless buying thereafter in front-line stocks helped the index to touch the record high of 20,763 towards the close. However, the Sensex shed some gains at close to end the session at 20,687, up 342 points. The Nifty, too, touched its all-time high of 6,300 to close at 6,274, up 96 points.

Market breadth was neutral. Of the 2,922 stocks traded on the Bombay Stock Exchange (BSE) 1,485 stocks advanced, 1,415 stocks declined and 22 stocks ended unchanged. Except the BSE HC index, BSE IT index and the BSE Auto index, all sectoral indices ended in a positive territory. The BSE CG ended firm with gains of 2.56% at 20,029 while the BSE Oil & Gas index rose 2.31% at 13,917 and the BSE Bankex index added 2.01% at 11,905.

Action in several index heavyweights lifted the market. ICICI Bank led the pack and shot up by 4.67% at Rs1,285. L&T soared 4.50% at Rs4,244, HLL surged 3.77% at Rs231, Reliance Communication flared up by 3.63% at Rs760, Hindalco jumped by 3.41% at Rs220, ONGC added 2.90% at Rs1,344, Reliance Industries advanced by 2.86% at Rs2,986 and ITC moved up by 2.35% at Rs220. However, few index stocks came under sharp selling pressure. NTPC at Rs272, M&M at Rs823, Cipla at Rs213, Ambuja Cement at Rs144, TCS at Rs1,005, Tata Motors at Rs784, Maruti Suzuki at Rs964 and Infosys at Rs1,695 dropped over 1% each, while Satyam Computer and ACC dropped marginally.

Over 1.75 crore Centurion Bank of Punjab shares changed hands on the BSE followed by Burnpur Cement (30.06 crore shares), Hindustan Motors (26.57 crore shares), Tata Teleservices (19.53 crore shares) and RNRL (19.15 crore shares).

Valuewise, Reliance Petroleum registered a turnover of Rs431 crore on the BSE followed by RNRL (Rs398 crore), Reliance Industries (Rs272 crore), Centurion Bank of Punjab (Rs262 crore) and Reliance Energy (Rs248 crore).

Market pares gains in late trade


The market eased from higher level in late trade on profit booking, after a sharp intra-day surge. Index heavyweights, ICICI Bank, Reliance Industries (RIL) and Oil & Naural Gas Corporation edged higher. Realty major DLF advanced. BSE Sensex, NSE Nifty, BSE Mid-Cap and BSE Small-Cap indices struck all-time highs today.

The market breadth which was strong for a better part of the day, turned negative in late trade. Turnover on BSE was little under 11,000 crore. Asian markets were mostly in green. European markets were mixed.

The 30-share BSE Sensex was up 295.05 points or 1.45% to 20,640.26, as per provisional closing. Sensex hit all-time high of 20,762.80 in late trade. At day’s high, it gained 417.60 points for the day.

The broader CNX S&P Nifty was up 103.30 points or 1.35% to 6,261.85, as per provisional closing. It struck all-time high of 6,300.05 in late trade.

Inflation based on the wholesale price index (WPI) moved up to 3.50% for the week ended 22 December 2007, as compared with 3.45% in the week ended 15 December 2007, primarily due to the increase in prices of manufactured goods and fuel items.

The BSE Mid-Cap index was up 0.30% to 10,086.57 and the BSE Small-Cap index was down 0.33% to 13,851.29. Both these indices underperformed the Sensex. The BSE Mid-Cap index hit all-time high of 10,220.43 and the BSE Small-Cap index struck record high of 14,124.80 today.

BSE clocked a turnover of Rs 10,960 crore as compared to Rs 8235 crore by 14:30 IST.

The market breadth was negative on BSE with 1470 shares declining as compared to 1437 that advanced. 17 remained unchanged

Among the Sensex pack, 16 slipped while the rest of them advanced.

India’s largest private sector bank in terms of net profit ICICI Bank vaulted 4.15% to Rs 1279. It was the top gainer from Sensex pack.

However, State Bank of India (down 0.42% to Rs 2386), and HDFC Bank (down 0.08% to Rs 1696), slipped

Reliance Communications, India's second largest cellular services provider in terms of market capitalisation, surged 3.65% to Rs 760.20. 20.53 lakh shares were traded on the counter on BSE.

India's largest private sector engineering company in terms of outstanding order book, Larsen & Toubro surged 3.90% to Rs 4220.

Oil exploration stocks Oil & Natural Gas Corporation (up 2.61% to Rs 1340) and Cairn India (up 2.26% to Rs 260.60), gained as crude oil hovered near record high of $100 per barrel.

Tata Steel rose 0.25% Rs 929 after the company said it has signed a joint venture agreement with the Steel Authority of India for incorporation of a joint venture company, for coal mining activities in Jharkhand, India.

India’s largest private sector firm by market capitalization & oil refiner Reliance Industries (RIL) advanced 2.62% to Rs 2979, off session's high of Rs 3018. 9.09 lakh shares were traded on the counter on BSE. As per reports, RIL has emerged as the highest bidder for the Motipur sugar unit of Bihar State Sugar Corporation at a price of Rs 57 crore, marginally higher than the floor price of Rs 55.36 crore.

India’s largest power generation company in terms of sales, National Thermal Power Corporation lost 2.24% to Rs 270.50 on high volumes of 39.94 lakh shares.

Auto stocks slipped on profit booking. Mahindra & Mahindra (down 1.40% to Rs 824), Tata Motors (down 1.32% to Rs 783.80) and Maruti Suzuki India (down 1.13% to Rs 964) declined

IT pivotals stayed subdued in firm market. Infosys (down 1.05% to Rs 1695), TCS (down 0.88% to Rs 1009), Satyam Computers (down 0.57% to Rs 423.50) and Wipro (down 0.33% to Rs 493.90) edged lower.

European markets were trading mixed. United Kingdom’s FTSE 100 was up 0.67% to 6,523 whereas Germany’s DAX was down 0.09% to 7,901.54

Most of the Asian markets were in green. Singapore's Straits Times (up 1.20% at 3,437.79), South Korea's Seoul Composite (up 0.60% at 1,863.90), Hong Kong's Hang Seng (up 2.35% at 27,519.69) and Sanghai Composite (up 0.78% to 5,362.85), rose. However, Japan's Nikkei slumped 4.03% at 14,691.41 and Taiwan Weighted slipped 1.22% to 8,221.10.

Markets in the United States ended flat on Thursday, 3 January 2008. The Dow Jones industrial average was up 12.76 points, or 0.10%, at 13,056.72. The Standard & Poor's 500 Index was unchanged at 1,447.16. The Nasdaq Composite Index was down 6.95 points, or 0.27%, at 2,602.68.

As per provisional data, foreign institutional investors (FIIs) sold shares worth a net Rs 244.56 crore, while domestic institutional investors (DIIs) were net buyers of shares worth Rs 526.65 crore on Thursday, 3 January 2008.

FIIs were net sellers of Rs 907 crore in the futures & options (F&O) market on Thursday, 3 January 2008. They were net sellers of Rs 1,132 crore in stock futures, Rs 109 crore in index futures and Rs 25 crore in stock options. They were net buyers of Rs 359 crore in index options.

Crude oil for February delivery rose to $100.09 in intraday trading in New York yesterday, the highest since trading began.

Post Market Commentary


The Indian market closed on a strong note led by heavy buying across all the index heavyweights. The market opened firmly and keeps on marching forward throughout the trading session but pares some of its gains towards the end of the session. Most buying is seen from the CG, Metal, Bankex and Oil & Gas baskets. The Inflation based on the wholesale price index (WPI) rose to 3.50% for the week ended 22 December 2007 as compared to 3.45% in the week ended 15 December 2007. The BSE Sensex closed higher by 341.69 points at 20,686.39 and NSE Nifty closed up by 95.75 points at 6,274.30. The BSE Mid Cap index closed higher by 56.19 points at 10,113.06 while BSE Small Cap fell by 12.60 points to close at 13,884.11.

BSE Bankex index surged 234.58 points to close at 11,905.06. Scrips that gained are CentBOP (6.83%), ICICI bank (4.67%), Kotak bank (2.07%), Axis bank (2.03%) and Andhra bank (0.73%).

BSE Metal index increased by 299.34 points to close at 20,297.51. Scrips that advanced are Sterlite industries (5.12%), Hindalco (3.41%), Maharash Sea (2.41%), Hind Zinc (1.86%) and SAIL (1.26%).

BSE Capital Goods index rose by 499.04 points to close at 20,029.24 as Praj industries (6.22%), SKF India (4.35%), Jyothi Structures (5.27%), Areva (5.13%), L&T (4.50%) and BHEL (1.35%) closed higher.

BSE Realty index grew by 39.47 points to close at 13,285.29. Scrips that pushed up are Parsvnath (9.15%), Penland (3.52%), DLF (2.32%), Purvankara (1.92%), Ansal Infra (1.89%) and Omaxe (0.81%).

BSE Oil & Gas index advanced by 314.78 points to close at 13,917.04 as Aban Offshore (5.61%), RPL (5.32%), RNRL (3.21%), ONGC (2.90%), Reliance industries (2.86%) and Cairn India (2.51%).

BSE IT index dropped by 44.49 points to close at 4,319.14. Scrips that fell are Aptech (4.47%), NIIT Ltd (4.07%), TCS (1.27%), Infosys (1.06%) and Satyam (0.98%).

Grey Market - Future Capital , Reliance Power, Aries Agro


Future Capital Holdings 700 to 765 380 to 400


Reliance Power 405 to 450 400 to 420 (per 1L application - 9000 )


SVPCL 42 DISCOUNT


Aries Agro 130 20 to 25


Manaksia Ltd. 160 12 to 15


Porwal Autocomponents 75 DISCOUNT


Precision Pipes & Profiles 150 20 to 25

MRPL - Trading Call


Buy MRPL above Rs 149. Stop Loss at Rs 142, target at Rs 207 and Rs 301.

Alert - Burnpur Cement


For small retail investors, Please do not pick Burnpur Cement for delivery

Be careful, SEBI wakes up late, but its coming soon

Remember Nissan Copper ?