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
Buy Call – IPCA Laboratories
We recommend a buy in the stock of IPCA Laboratories from a short-term perspective. It is evident from the charts of the stock that following a medium-term downtrend from the key resistance level of Rs 350, encountered in June, the stock found support at Rs 230 in October.
The range between Rs 230 and Rs 235 is a significant long-term support band that coincides with 38.2 per cent fibanocci retracement level of the stock’s prior up move. Triggered by positive divergence in daily relative strength index and price rate of change indicator, the stock changed its direction, and since October low, it has been on a nascent uptrend.
The daily as well as weekly price rate of change indicator is featuring in the positive territory implying buying interest. We are bullish on the stock from a short-term perspective. We anticipate its up move to continue and reach our price target of Rs 278 or Rs 286 in the ensuing trading sessions. Traders with short-term perspective can buy the stock with stop-loss at Rs 262.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*- Technical Analysis Buy Call – Usha Martin
- Technical Analysis Buy Call – Brigade Enterprises
- Buy Recommendation – IPCA Laboratories
- Dalal Street Choice Scrip Buy Calls – IPCA Laboratories
- Buy Recommendation – Piramal Healthcare
- Tata Steel – Accumulate the scrip for quick buck in short term
- Low Priced Scrip MTNL – Steal to Gain 20% within a year
Monnet Ispat board confirms buy back
The board of directors of Monnet Ispat approved company’s proposal on Thursday to go for a buyback shares worth Rs 100 crore from the open market at a price not exceeding Rs 500 each. Monnet Ispat scrip touched an intra-day high of Rs 380 on the BSE before closing at Rs 364.65, a gain 1.50 per cent over previous close.
Promoters — the Jajodia family and group companies — own 49.42 per cent stake in Monnet Ispat as of September end. The foreign institutional investors own 35.26 per cent of the company.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*- None Found
Short Term Buy Call – Patel Engineering
We recommend a buy in the stock of Patel Engineering from a short-term perspective. It is evident from the charts of the stock that it has been on a long-term downtrend from its September 2009 peak of Rs 526. Medium-term trend is also down for the stock. However, its short-term trend is reversing up.
After registering a multi-year low at Rs 78 on November 25, the stock bounced up forming a bullish engulfing candlestick pattern. Further, on Monday the stock jumped nine per cent reversing the short-term downtrend. This reversal has been backed with positive divergence in the daily relative strength index and daily moving average convergence divergence indicator. Weekly RSI and MACD are also displaying positive divergence strengthening the stocks trend reversal.
Daily RSI is inching higher in the neutral region and its weekly indicator is recovering from the oversold territory. We notice that there is an increase in daily volumes in the past three trading sessions. Daily price rate of change indicator has entered into the positive territory implying buying interest.
Taking a contrarian stance on the stock we are bullish on it from a short-term perspective. We expect its current rally to prolong and reach our price target of Rs 92.5 or Rs 96.5 in the days ahead. Traders with short-term perspective can buy the stock with stop-loss at Rs 88.
*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
- Patel Engineering – Short Term Buy Recommendation
- Short Term Buy Calls – Exide Industries
- Short Term Buy Call – Berger Paints India
- Technica Buy Calls – BL Kashyap and Sons
- Short Term Buy Calls – Dabur India
- Medium Term Buy Calls – Sun TV Network
- Reliance Broadcast Network – Short Term Buy Recommendation
- Buy BGR Energy System for Medium Term
- Pratibha Industries – One Hot Chip Buy Call
Nuziveedu Seeds IPO Updates
The world’s third-largest producer of cotton seed had revenue of more than Rs. 6bn last year, according to its website.
Nuziveedu Seeds has reportedly chosen five investment banks for its proposed initial public offering (IPO) that may raise up to Rs. 8bn.
The Andhra Pradesh-based company has selected Goldman Sachs, IDFC Capital, Enam Securities, JM Financial and JPMorgan Chase for the IPO, which is expected to take place in the first half of 2012, according to reports.
The world’s third-largest producer of cotton seed had revenue of more than Rs. 6bn last year, according to its website.
Nuziveedu is a unit of NSL Group, which also has business interests in Sugar, Textiles and Power.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*- None Found
Record Date – Sezal Glass Stock Split
Sezal Glass has fixed 22 October 2010 as the record date for the purpose of sub-division of existing equity shares of the company from each 1 equity share of Rs. 10 each into 10 equity shares of Re. 1 each.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*- Record Date – Bharat Heavy Electricals (BHEL) Stock Split
- Haldyn Glass stock split record date
- Record Date – Tata Tea Stock Split
- Record Date – Maximaa Systems Stock Split
- Record date – Basant Agro Tech stock split
- Record Date – EID Parry India Stock Split
- Record date – Oricon Enterprises Stock Split
- Stock Split Record date for Gee Kay Finance & Leasing Company
- Record date for VA Tech Wabag stock split announced
- Record Date – Roselabs Industries Stock Split
Record Date – Maximaa Systems Stock Split
Maximaa Systems has fixed 08 November 2011 as the record date for the purpose of sub-division of face value of equity shares from Rs 10 per share of the company into the shares of Rs 2 each.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*- Record Date – Dynacons Systems Stock Split
- Record date – Aurum Soft Systems Bonus Issue & Stock Split
- Stock Split Record date for Gee Kay Finance & Leasing Company
- Record date for Sona Koyo Steering Systems stock split is 10 September 2008
- Record Date – Tata Tea Stock Split
- Record Date – Jain Irrigation Systems Bonus Issue
- Record Date – Bharat Heavy Electricals (BHEL) Stock Split
- Record Date – Cronimet Alloys India Stock Split
- Record date – Basant Agro Tech stock split
- Record Date – EID Parry India Stock Split
