Jubilant Foodworks IPO subscribed 30.68 times
# Vascon Engineers
# Syncom Healthcare
# Thangamayil IPO
# Aqua Logistics IPO
# NTPC Limited FPO
Saturday, January 23, 2010
IPO Allotment Status
# Vascon Engineers
# Syncom Healthcare
# Thangamayil IPO
# Aqua Logistics IPO
# NTPC Limited FPO
Friday, January 22, 2010
Markets in coming days
As expected stock market has corrected and might correct more today seeing bad results from ICICI Bank , L&T. Baking and Engineering/Construction space will be affected.
Dollar hardening also has made carry trade difficult which will also reduce inflow.
This is what I wrote last week
"Soon we should see some correction in the market and should avoid playing the dangerous waters of worthless stocks and should probably book some profits and keep money on the table for the opportunities which will arrive after the correction."
This fall should help people to enter in good stocks who missed the recent rally
Sunday, January 17, 2010
Hotel-Restaurant Stocks maybe in action this week
Jubilant which operates Domino's pizza has come up with an IPO with a PE around 15.
Other restaurant stocks like Indage Leisure, Sayaji Hotels, Kamath Hotels, Bhagwati Banquets & Hotels etc should see some action on the counter.
Indage Leisure has a current market presence in the fine/casual dining, high end bars/clubs, Cafe and Bistros.
Kamath runs various kamat hotels and Orchid Hotel
Sayaji has hotels in Gujrat,Indore, pune and runs very successful Barbeque Nation restaurant.
Bhagwati has hotels and clubs in Gujrat and plans to expand in Tier-II cities.
Good Mutual Funds to buy now.
Here are few funds I like and I have invested
Large Cap Fund
DSP BR TIGER Fund
Reliance RSF Equity/Reliance Growth
MidCap fund
DSP BR Small & Mid Cap Fund
Sundaram SMILE Fund
Sectoral Fund
Reliance Natural Resources Fund
Reliance Diversified Power Sector Fund
Large Cap Fund
DSP BR TIGER Fund
Reliance RSF Equity/Reliance Growth
MidCap fund
DSP BR Small & Mid Cap Fund
Sundaram SMILE Fund
Sectoral Fund
Reliance Natural Resources Fund
Reliance Diversified Power Sector Fund
I usually go for dividend fund nowadays because it is one way of profit booking when market has gained a lot. I do make sure that those dividends are reinvested at appropriate times so that I don't fall behind growth.
SIP is also a good option to invest. I usually invest regularly on my own across different funds which I think is good at a particular time instead of putting money in same fund every month. This is required for sectoral funds because sectorals funds can be volatile and the given sector wont be in flavour for all the time so need to switch between sectors one in a year.
What do you think are good sectors to bet on in 2010? For diversification you can buy sectoral fund from that sector so that you have various stocks of that sector in your basket.
Saturday, January 16, 2010
Sub Rs 50 stock recommendation from various Analysts
Ashish Chugh recommends
- SSPDL(Srinivasa Shipping and Properties Development Limited) - Real Estate Play
- IFGL Refractories - Value Stock
- Andhra Cements. - Value Stock
VK Sharma recommends
- Indraprastha Medical
- Om Metals Infraprojects
- Timex
- MIC Electronics.
SP Tulsian recommends
- Donear Industries - Mid Term Pick
- Tourism Finance - Public Sector Stock
- Ugar Sugar - Small Cap from Sugar Sector
Ambareesh Baliga recommends
- Celestial Labs - (combination of a technology and a pharmaceutical company)
- Shasun Chemicals - APIs
- Compucom Software - education and e governance
- Radha Madhav Corporation - pharma packaging
Satish Betadpur recommends
- City Union Bank
- Hilton Metal Forging
- Himatsingka Seide
- Gammon Infra.
Thursday, January 14, 2010
IFCI under F&O curb
IFCI was today banned for F&O trade.
It is expected that more stocks will come under curb..many stocks are hitting upper circuits and you can see lot of circuit stocks around. Lot of midcap and small cap are way above 52 weeks high.
Volatility has increased in the market and every has started giving recommendations. Punter stocks, penny stocks, stocks less than Rs 10 are back in flavour.
When money has nothing to chase after large cap/mid cap, small cap and other value/growth stocks it chases these dud stocks which otherwise have no takers. This kind of situations tells us that market is in its last leg up medium term upmove.
Soon we should see some correction in the market and should avoid playing the dangerous waters of worthless stocks and should probably book some profits and keep money on the table for the opportunities which will arrive after the correction.
I will list some stocks which are monthly gainers/losers.
| Monthly Gainers | Prev Price | Current Price | % Gain | |
| Panchmahal Steel | 68.5 | 168 | 145.26 | |
| Neha Internation | 38.3 | 88.9 | 132.11 | |
| JMDE Packaging & Rea | 2.85 | 6.53 | 129.12 | |
| Mahan Industries | 18.06 | 40.35 | 123.42 | |
| Twentyfirst Cent | 14.01 | 31.2 | 122.7 | |
| Aviva Industries | 14.3 | 31.25 | 118.53 | |
| Invicta Meditek Ltd. | 4.46 | 9.73 | 118.16 | |
| Hittco Tools Ltd. | 7.8 | 16.75 | 114.74 | |
| Regency Trust Lt | 14.33 | 30.2 | 110.75 | |
| Integra Capital | 9.53 | 19.7 | 106.72 | |
| Pressure Sensiti | 2.42 | 4.93 | 103.72 | |
| Subuthi Finance | 18.75 | 38 | 102.67 | |
| Sungold Capital | 6.61 | 13.39 | 102.57 | |
| Clutch Auto | 43.85 | 81.9 | 86.77 | |
| Triveni Glass L. | 7.2 | 13.19 | 83.19 | |
| Alpha Hi-Tech Fu | 2 | 3.57 | 78.5 | |
| Lakshmi Mill Co. | 1,397.65 | 2,400.00 | 71.72 | |
| M K Exim (India) L | 10.44 | 17.45 | 67.15 | |
| Tayo Rolls Ltd | 109.65 | 179.2 | 63.43 | |
| Linc Pen & Plast | 44.7 | 72.85 | 62.98 | |
| Monthly Losers | Prev Price | Current Price | % Gain | |
| JaiprakashAssociates | 222.35 | 164.5 | -26.02 | |
| Maruti Suzuki India | 1,578.85 | 1,422.00 | -9.93 | |
| HDFC | 2,617.90 | 2,525.05 | -3.55 | |
| Hindustan Unilever L | 265.8 | 257.25 | -3.22 | |
| Lupin Ltd. | 1,435.00 | 1,393.00 | -2.93 | |
| Hero Honda Motor | 1,666.20 | 1,628.45 | -2.27 | |
| Jindal St & Pwr | 712.85 | 697 | -2.22 | |
| Godrej Industries Lt | 173.9 | 170.05 | -2.21 | |
| Bajaj Auto Ltd. | 1,742.70 | 1,706.50 | -2.08 | |
| Jet Airways | 550.55 | 539.5 | -2.01 | |
| Nestle India | 2,607.85 | 2,560.00 | -1.83 | |
| GlaxoSmithKline Phar | 1,603.65 | 1,575.00 | -1.79 | |
| ITC Ltd. | 251.85 | 248.2 | -1.45 | |
| Cipla | 345.7 | 341.1 | -1.33 | |
| Piramal Healthcare L | 396.5 | 392 | -1.13 | |
| HDFC Bank | 1,698.60 | 1,683.00 | -0.92 | |
| Religare Enterprises | 387 | 383.5 | -0.9 | |
| L & T | 1,680.80 | 1,667.00 | -0.82 | |
| Balrampur Chini | 135.75 | 134.8 | -0.7 | |
| SBI | 2,180.75 | 2,169.00 | -0.54 | |
| P&G Hygiene&Health | 1,737.85 | 1,730.00 | -0.45 | |
| MMTC Ltd. | 34,941.80 | 34,800.00 | -0.41 | |
| Dabur India | 163.15 | 162.5 | -0.4 | |
SEL Manufacturing
SEL manufacturing is a company of RS Saluja Group.
They are the manufacturers, exporters of all types of knitted garments. We have in house spinning, knitting, dyeing, Finishing and Garmenting to meet the demand of price conscious and quality conscious market. SEL do all types of knitted products. Basic Products include T-shirts, Polo shirt, Sweat shirt, Boxer shorts, Girls top etc. and can provide bulk quantities. SEL manufactures 30-35 thousand garments daily.
The company is investing in high end fabric manufacturing and to meet growing demands it is setting up additional capacity.
With decades of expertise and excellence of meeting the discerning needs of niche client’s world wide, SEL Manufacturing Company Ltd. has laid out ambitious plans of product capacity augmentation to continue its proud contributions in the world of premium quality cotton - yarn, fabrics and garments.
It has global presense and it operating in most of the american,european , african and south asian countries.
Check out the global presense
The stock has book value of around 160 and is currently available at Rs 90. P/E ratio is also low of less than 3. Long term target can be expected to reach around the book value.
They are the manufacturers, exporters of all types of knitted garments. We have in house spinning, knitting, dyeing, Finishing and Garmenting to meet the demand of price conscious and quality conscious market. SEL do all types of knitted products. Basic Products include T-shirts, Polo shirt, Sweat shirt, Boxer shorts, Girls top etc. and can provide bulk quantities. SEL manufactures 30-35 thousand garments daily.
The company is investing in high end fabric manufacturing and to meet growing demands it is setting up additional capacity.
With decades of expertise and excellence of meeting the discerning needs of niche client’s world wide, SEL Manufacturing Company Ltd. has laid out ambitious plans of product capacity augmentation to continue its proud contributions in the world of premium quality cotton - yarn, fabrics and garments.
It has global presense and it operating in most of the american,european , african and south asian countries.
Check out the global presense
The stock has book value of around 160 and is currently available at Rs 90. P/E ratio is also low of less than 3. Long term target can be expected to reach around the book value.
Karuturi Global
It plans to grow tomatoes,cereal crops , fresh vegetables, palm oil and sugarcane in various african countries various it has been alloted land.
Company has around 600 acres of land for cultivation of roses.
It has acquired 7,65,000 acres of agriculture land for culivation and also has 239 hectares of land in Kenya and Eithopia for rose cultivation . It is worthy to note that mammoth land makes this company largest land bank owner in the work.
By 2010 it plans to produce 1 billion stems of roses.
It can reach Rs100 in 3 years time considering the growth plans
Overview from company's website.
Incorporated in 1994, Karuturi Global is today the largest producer of cut roses in the world, with are area of over 239 hectares under Greenhouse cultivation and an annual production capacity of around 555 million stems.
An integrated production model encompassing in-house plantation, cultivation and distribution capabilities coupled with a series of green initiatives make us one of the lowest cost producer of cut roses in the world. Almost our entire produce is exported to high-value markets such as Holland, Germany, United Kingdom, Italy, Singapore, Hong Kong, Taiwan, Bahrain, Muscat, Dubai, Australia, Japan, New Zealand, Brunei and North America, with a small portion sold in India.
Having established our strong presence in floriculture, we now aim to broad base our portfolio into a larger agri-produce basket. The acquisition of large tracts of land in Ethiopia has set the stage for us to evolve into an end-to-end agri-focused company.
Equipped with a robust and de-risked business model, Karuturi Global’s other fast-growing business realms are food processing, floriculture retail including a flower auction portal and information technology.
Company Website : http://www.karuturi.com
Saturday, January 9, 2010
Indiabulls securities
Indiabulls securities seems to be good bet in the brokerage space. It has not participated in the recent rally from late November.
With year looking good ahead and increased stock market times, volume increase can improve topline and bottom line.
Most of the midcaps are near or above there 52 weeks high. This stock is not near its 52 weeks high rather its almost half the price. Looking at the price and growth prospects it seems to be a value buy.
Parekh Aluminex
Parekh Aluminex is India's largest manufacturer and exporter of Aluminum Foil Containers (AFC). They are emerging as the leading name in AFCs in the entire sub-continent, being the first Indian company to receive ISO 9001:2000 certification from BVQI, UK. It is almost monopoly in its segment.
Company is growing at a rate of almost 50% on year on year basis. The same is expected for next few years. Revenues are expected to touch 600 crores.
It is available below book price and its PE is also attractive.
Parekh Aluminex also list under Forbes 'Best Under A Billion' company.
It can be bought at current price with a target of above 200.
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