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Wednesday, June 29, 2011

Grey Market Premiums - June 29 2011


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Vaswani Ind.

49

5 to 7

Birla Pacific Medspa

10 to 11

Discount

Rushil Decor

63 to 72

3 to 3.50

Ready Made Steel

90 to 108

7 to 8

Markets may start strong on positive global cues


The markets may see a strong opening on account of gains across the globe and are likely to remain choppy ahead of June series F&O expiry.

Headlines for the day:

LIC acquires 10% stake in Andhra Bank

CCEA may decide on Cairn-Vedanta deal tomorrow

Lanco Infratech faces threat of export licence review in Australia


Daily News Roundup - June 29 2011


NTPC has started operations of the first super critical 660 MW unit at Sipat plant in Chattisgarh. (ET)

SAIL, BHEL and RINL have decided on a joint venture for building an integrated manufacturing unit for electrical and silicon grade steel. (BL)

ITC Ltd is planning to foray into dairy and beverage. It is also looking to take its various food and personal product brands global in the next five years. (BS)

Sensex up for 4th day…Nifty above 50, 100DMA


The Indian stock indices eked out modest gains on Tuesday, rising for a fourth consecutive trading session. The BSE Sensex closed within shouting distance of 18,500 and the NSE Nifty ended near 5,550.

Firm cues from the international equity markets coupled with encouraging FII inflows in the past few days enabled the benchmark indices to end in the positive terrain.

The Government's bold steps on fuel prices last week and optimism about Greece getting a fresh rescue package soon also played a role in the advance today.

Bright to begin with…


Hope is some extraordinary spiritual grace that God gives us to control our fears, not to oust them. ~Vincent McNabb.

The fuel price hike has suddenly fueled hopes of more reforms from UPA II. A cabinet reshuffle is on the cards shortly while the PM has decided to speak more frequently to the media. But, problems remain - largely in the form of high inflation, spiraling interest rates and drop in investments.

The Indian market has rallied for the past four sessions – the longest winning streak in three months. Hopefully, the rally may just have enough steam to last a bit longer.

Market may extend recent rally on firm Asian stocks


The market may extend four days gains on firm Asian stocks. The latest data showing that foreign institutional investors (FIIs) had stepped up buying of Indian stocks may also help sentiment. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 39 points at the opening bell. Foreign institutional investors (FIIs) bought shares worth Rs 819.41 crore and domestic funds sold shares worth Rs 575.06 crore on Tuesday, 28 June 2011, as per provisional figures released by the stock exchanges.


Tuesday, June 28, 2011

Annual Report - HDFC Bank - 2010-2011


HDFC BANK LIMITED

ANNUAL REPORT 2010-2011

DIRECTOR'S REPORT

TO
THE MEMBERS,

Your Directors have great pleasure in presenting the Seventeenth Annual
Report on the business and operations of your Bank together with the
audited accounts for the year ended March 31, 2011.

Annual Report - ICICI Bank - 2010-2011


ICICI BANK LIMITED

ANNUAL REPORT 2010-2011

DIRECTOR'S REPORT

Your Directors have pleasure in presenting the Seventeenth Annual Report of
ICICI Bank Limited with the audited statement of accounts for the year
ended March 31, 2011.


Annual Report - TTK Prestige - 2010-2011


TTK PRESTIGE LIMITED

ANNUAL REPORT 2010-2011

DIRECTOR'S REPORT

Your Directors have pleasure in presenting their Fifty Fifth Annual Report,
together with the Audited Accounts of the Company, for the year ended
31st March 2011 as follows:

FINANCIAL RESULTS
(Rs. in lakhs)

2010-11 2009-10

Sales (inclusive of excise duty) 77558 51680

Other income 430 114

Profit before Extra-Ordinary item 12094 7143

Extra-Ordinary/exceptional income (59) 397

Profit/(Loss) before tax 12035 7540

Tax Provision 3660 2297

Net Profit/(Loss) 8375 5244

Transfer to General Reserve 838 524

Proposed Dividend (including tax) 1645 1320

Surplus carried to balance sheet 9292 3400

Shriram Transport Finance


Shriram Transport Finance

Glenmark Pharma


Glenmark Pharma

FMCG


FMCG

India Strategy - June 28 2011


India Strategy - June 28 2011

Sensex up for 4th day…Nifty above 50, 100DMA


Sensex ended at 18,492 adding 80 points. NSE Nifty closed at 5,545 adding 19 points.

The Indian stock indices eked out modest gains on Tuesday, rising for a fourth consecutive trading session. The BSE Sensex closed within shouting distance of 18,500 and the NSE Nifty ended near 5,550.


Firm cues from the international equity markets coupled with encouraging FII inflows in the past few days enabled the benchmark indices to end in the positive terrain.


BSE Bulk Deals to Watch - June 28 2011


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
28/6/2011 533412 AANJANEYA CROSSEAS CAPITAL SERVICES PRIVATE LIMITED B 103429 383.74
28/6/2011 533412 AANJANEYA A K G SECURITIES AND CONSULTANCY LTD B 67075 382.77
28/6/2011 533412 AANJANEYA BMD EXPORTS PRIVATE LIMITED B 87199 378.43