Archive for June, 2008
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 [...]
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 [...]
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 [...]
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 [...]
Federal-Mogul Goetze India Rights Issue plan
Federal-Mogul Goetze India dropped 1.67% to Rs 64.70 on BSE after the auto parts maker’s board approved raising up to Rs 130 crore through a rights issue of shares. The company made this announcement before trading hours today, 10 June 2008. The stock hit a high of Rs 67.15 and a low of Rs 64.15 [...]
