Archive for June, 2008
StanChart sees big growth in mid-market segment
Even as financial institutions grapple with the global credit crunch post the sub-prime crisis, Standard Chartered Bank finds itself well positioned to support the growth of companies in Asia, West Asia and Africa.
The squeeze in credit has made effective liquidity management critical for companies, and this presents an opportunity for banks such as Standard Chartered.
For [...]
Buy Call For Next Week - Tata Elxsi
Investors can buy the stock of Tata Elxsi, given its robust business prospects and reasonable valuations. At Rs 208, the stock trades at 12.5 times its FY08 earnings and 10 times its likely current year earnings.
Strong presence in the product design and engineering segment, emerging opportunities in developing full-length animation films, which Tata Elxsi appears [...]
Buy BGR Energy Systems with Perspective of Three Years Investment
Investors with a three-year perspective can consider investing in the stock of BGR Energy Systems.
The recent results posted by the company and the strong growth in order book belie fears of a slow down in the engineering services space. BGR’s well entrenched position as an EPC player in the power segment and a multi-equipment supplier [...]
Buy Calls for Short Term - Value Buys
Here are few more buy calls in addition to the buy calls we just posted before.
PRAJ INDUSTRIES
Praj Industries is recommended for short term at Rs.178 due to expectations of Ethanol Plant orders from Europe due to reviewed interests due to sharp rise in crude prices. Informed buying can take share price to move to Rs.195 [...]
Debt Management - Get Rid of Debt
Debt is not good, let it be any type of debt then! It’s a fact that you understand, I understand but still we get into debt for some or the other reasons. Is it end of game? Not as such, even though you are caught into the net of never ending debts, there are still [...]
Buy Calls for Short Term - Value Buys
INDUS FILA
Indus Fila a textile company with focus on exports with an EPS of Rs.19 for FY 08 is looking a good buy at Rs.105 as rising dollar would help the company with better realizations. Share could move to Rs.125.
DIVIS LABORATORIES
Divis Laboratories is recommended at Rs.1,525 in view of excellent working expected in FY 09 [...]
Gammon India Gains on Overseas Acquisition
Gammon India gained today on BSE after the company said its overseas units have acquired stakes in two Italian firms. The company made this announcement during trading hours today, 11 June 2008.
The stock hit a high of Rs 385 and a low of Rs 368 so far during the day. The stock had a 52-week [...]
Three Future Calls: Low Risk and Low Return
It was an all-round effort that propelled Nifty to around 4525. Market traded around 4500 for most of the day before settling slightly above that mark. RIL was up for second consecutive day and closed almost at the highest point of the day. Rebound could take it further to around 2330, if it remains above [...]
Archidply Industries IPO Analysis - Take Limited Exposure
Strengths
Enjoys various tax benefits. The Rudrapur unit has received approval for thermal energy generation from renewable biomass, making eligible for 24,659 certified emission reductions (CER) annually.
Weaknesses
Faces intense competition from unbranded products from the unorganized sector of the wood-based industry. There are many strong local brands,too. Moreover some organized players are much larger than Archidply.
Yet [...]
Sejal Architectural Glass IPO Analysis - Avoid
Strengths
The proposed plant would be eligible for 100% income tax deduction for the first five years after the commencement of the commercial production and thereafter at 30% for the next five years.
The growth in real estate sector, especially in commercial offices, residential housing and retail industry will give boost to the glass and glass products [...]
