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 January 2012. The stock had gained 2.7% to settle at Rs 22.75 on Thursday, 19 January 2012.
Suzlon Energy said the cumulative orders secured by REpower Systems SE over the past three months cover various firm orders across Austria, Belgium, Canada, France, Germany, UK and the USA. The projects include several wind farms in Germany, featuring REpower’s latest turbine models 3.4M104 and 3.2M114, with 3.4 megawatts (MW) and 3.2 MW of rated power, respectively. Other orders with turbines of the MM92 or MM82 type are destined for wind farms in Germany, UK, France, Belgium and the USA, Suzlon said in a statement.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*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 license for close to 20 years indicates strong revenue visibility for the company going forward. It has a market share of around 24 per cent in the men’s category and around 12 per cent in the women’s inner wear market. Its presence in the premium category gives the company an edge over its peers. The average market price for each item is anything between `100 and `150. The company is likely to keep up with its decent performance going forward. One can look at the stock from a medium term perspective.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*- Dalal Street Hot Chips Buy Calls – Cox & Kings
- Dalal Street Low Priced Scrip – Garden Silk Mills
- Buy Page Industries for Medium Term
- Dalal Street Hot Chips Buy Calls – IFCI
- Dalal Street Hot Chips Buy Calls – IPCA Laboratories
- Dalal Street Choice Scrip Buy Call – Nestle India
- Dalal Street Choice Scrip Buy Call – Hyderabad Industries
- Dalal Street Hot Chips Buy Calls – Aurobindo Pharma
- Dalal Street Hot Chips Buy Calls – JBF Industries
- Marico – Dalal Street Hot Chips Buy Calls
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 current fiscal
- company is unlikely to benefit from rupee depreciation in this quarter as Reliance locks in currency at the time of booking crude purchases and product exports. This takes place a few months prior to deliveries
- Lower gas production
Reliance was sitting on a cash pile of Rs 61,490 crore as on 30 September 2011. Add to this the $7.2 billion the company received from BP, and the cash rises to Rs 97,000 crore. Analysts expects the company to generate Rs 88,000 crore in gross cash flows over the next two years. Compared to this the stock currently trades at a market capitalisation of Rs 2,26,428 crore.
In other words the company is sitting on nearly Rs 300 per share of cash. The market is valuing Reliance’s business – with further cash flows of Rs 88,000 crore over the next two years – at just Rs 400 today.
Looked at from a valuation perspective two years hence (2013-14), the market is paying Rs 700 today for a company that will have 85 percent of its share value in cash.
Now you decide whether to buy this stock or leave it.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*- Reliance Industries acquires Infotel for $1B
- Reliance to acquire Shale gas stake
- Reliance to Enter Financial Services
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 downtrend that started from its December 7 peak of Rs 124 found support registering a 52-week low at Rs 98.7 on December 22. However, triggered by positive divergence in daily relative strength index and daily moving average convergence divergence, the stock changed its direction.
On Thursday, the stock surged 5.5 per cent with good volumes. The daily RSI has entered into the neutral region from the bearish zone whereas weekly RSI is hovering in the bearish zone. Both the daily and weekly price rate of change indicators are displaying positive divergence, backing the stock’s change in direction. Taking a contrarian stance on the stock from a short-term perspective, we are bullish on it. We expect the stock to rally further and touch our price target of Rs 111 or Rs 114 in the ensuing trading sessions. Traders with a short-term perspective can consider buying the stock with stop-loss at Rs 104.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*- Short Term Buy Call – Fedders Lloyd Corporation
- Short Term Buy Calls – Dabur India
- Short Term Buy Call – Patel Engineering
- Technica Buy Calls – BL Kashyap and Sons
- Reliance Broadcast Network – Short Term Buy Recommendation
- Short Term Buy Call – Berger Paints India
- Medium Term Buy Calls – Sun TV Network
- Buy BGR Energy System for Medium Term
- Buy Recommendation – Exide Industries
- Technical Analysis Buy Calls – Dhampur Sugar
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 a strong base around the aforementioned support level, the stock changed its direction triggered by positive divergence in the daily moving average convergence divergence indicator. The stock has been on a short-term uptrend since then. It is currently hovering well above its 21- and 50-day moving averages.
On Wednesday, the stock rose almost two per cent accompanied by above average volume, breaching its medium-term downtrendline. The daily RSI is featuring in the bullish zone and weekly RSI is inching higher in the neutral region towards to the bullish zone. The daily MACD is moving higher in the positive area, in line with the stock price indicating upward momentum.
Our short-term outlook on the stock is bullish. We expect the stocks up move to continue and reach our price target of Rs 106 or Rs 110 in the upcoming trading sessions. Traders with short-term perspective can consider buying the stock with stop-loss at Rs 101.5.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*- Reliance Broadcast Network – Short Term Buy Recommendation
- Short Term Buy Call – Berger Paints India
- Medium Term Buy Calls – Sun TV Network
- Short Term Buy Call – Fedders Lloyd Corporation
- Technica Buy Calls – BL Kashyap and Sons
- Short Term Buy Calls – Exide Industries
- Short Term Buy Call – Patel Engineering
- Buy BGR Energy System for Medium Term
- Dalal Street Hot Chips Buy Calls: JUBILANT ORGANOSYS
- Dalal Street Hot Chips Buy Calls – PTC India
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 then, the stock has been in a sideways consolidation, forming an ascending triangle pattern. This pattern acts as a bottom reversal pattern in this scenario, with top horizontal line at Rs 292. The daily volumes support the pattern formation.
On December 23, the stock jumped 5.7 per cent accompanied by above average volume, breaching its 21- and 50-day moving averages. However, the stock is currently testing the ascending triangle pattern’s top horizontal line.
The daily RSI is on the brink of entering the bullish zone from the neutral region and weekly RSI is inching higher in the neutral region. The daily MACD has signalled a buy and is moving higher in line with the stock price. Both daily and weekly price rate of change indicators are featuring in the positive area implying buying interest.
Considering the stock’s formation of an ascending triangle pattern and other bullish signals, we are optimistic aboutthe stock from a medium-term perspective. We believe that Sun TV Network has the potential of breaking through the horizontal line and trend higher to reach our price target of Rs 350 in the medium-term.
However, we don’t rule out a minor pause at around the stock’s 200-day moving average around Rs 330 while trending higher. Investors with medium-term perspective can consider buying the stock while maintaining stop-loss at Rs 260.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*- Short Term Buy Calls – Dabur India
- Short Term Buy Call – Fedders Lloyd Corporation
- Technica Buy Calls – BL Kashyap and Sons
- Short Term Buy Call – Berger Paints India
- Reliance Broadcast Network – Short Term Buy Recommendation
- Short Term Buy Call – Patel Engineering
- Buy BGR Energy System for Medium Term
- Short Term Buy Calls – Exide Industries
- Technical Analysis Buy Calls – Dhampur Sugar
- Nagarjuna Construction – Buy with Short term to medium term view
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 Rs. 2/- each for every 1 (One) equity share of Rs. 10/- each held, whose names appear on the Register of Members of the Company as on the Record Date.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*- Record Date – Mahindra & Mahindra Stock Split
- Record Date – Sterlite Industries (India) Stock split & Bonus issue
- Record date – NTPC interim dividend
- Record date – Maithan Alloys Bonus Issue
- Record date – ECE Industries Rights Issue
- Record Date – Jain Irrigation Systems Bonus Issue
- Record Date – Kansai Nerolac Paints Bonus Shares
- Record date – Ipca Laboratories Stock Split
- Record date – Britannia Industries allotment of bonus debentures
- Record Date – Nimbus Industries Stock Split
