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Suzlon Energy surges 4.7% in 2 days on new orders
The Suzlon Energy stock has surged 4.7% in two trading sessions from Rs 22.15 on Wednesday, 18 January 2012, after the company announced before trading hours on Thursday, 19 January 2012 that its subsidiary — REpower Systems SE secured cumulative orders of 151 megawatts across Europe and North America from 22 October 2011 to 18 [...]
Page Industries – Dalal Street Hot Chips Buy Call
Page Industries is engaged in the manufacture and sale of inner wear under the brand name Jockey. The brand commands premium pricing in the inner wear segment for men. The company has received an extension of the license agreement with Jockey to manufacture and distribute the brand in India till 2030. The extension of the [...]
Reliance Industries (Below Rs 700) – Company with Rs 300 per share cash
For a company sitting on Rs 300 in hard cash per share, a share price of Rs 700 means investors are getting a share of its business for Rs 400. Potential reasons of Reliance Industries crashing below Rs. 700 mark. – expected drop in net profits by 20 percent in the third quarter of the [...]
Short Term Buy Calls – Exide Industries
We recommend a buy in the stock of Exide Industries from a short-term horizon. It is evident from the charts of the stock that after encountering significant resistance at around Rs 175 in July this year, the stock reversed its direction downwards. Since then, the stock has been on an intermediate-term downtrend. The stock’s short-term [...]
Short Term Buy Calls – Dabur India
We recommend a buy in the stock of Dabur India from a short-term perspective. It is apparent from the charts of the stock that following a medium-term downtrend from its life-time high of Rs 122, touched in June, it found base at its key long-term support level around Rs 94 in mid-November this year. Forming [...]
Medium Term Buy Calls – Sun TV Network
Investors with medium-term perspective can consider buying the stock of Sun TV Network (Rs 291.7), among the largest media conglomerates that offers television channels. After registering a 52-week low at Rs 214 this October, the stock bottomed out, triggered by positive divergence in weekly relative strength index and daily moving average convergence divergence indicator. Since [...]
Record Date – Munjal Auto Industries Stock Split
Munjal Auto Industries Ltd has informed BSE that the Board of Directors of the Company has approved December 30, 2011 as a ”Record Date” for the Subdivision of Shares (stock split) for the purpose of ascertaining the eligibility of the shareholders/beneficial owners of the Company who would be entitled to 5 (Five) equity shares of [...]
