Good Article on GMR Infra

Wanted to share the journey of GMR post libralization

http://www.mydigitalfc.com/companies/first-fly-over-rainbow-035

SREI INFRA Rally

Srei Infra was at 63 before the last post on 23rd August. Today it has touched high of 72 (an increase of 14-15% in 2 trading days)

Current book value of Srei is probably around Rs 97 and is available cheaper than its book value.

Short term looks good.

SREI Infra News

• Srei Infra is planning to build Auto Component SEZ in Bengal. So far 33 hectares have been acquired out of 100 hectare. This project is of great significance for bengal after tata nano project has been pulled out of the state
  
• Srei Infra Telecom Arm Quippo which handles tower business and also owns 49% in Tata Towers is bidding for Aircel Towers. Malaysia Maxis holds 74% in Aircel Telecom.
• Srei Infra is also planning to enter into Jail Constuction business in PPP model. Srei will build Jails outside the city and manage it for a fee. I will also get the prime land from the previous jail site for development.
• Srei Infra also wants to upgrade the rural infrastructure by rebuild village market place or Haats.
• Srei Finance wants to start financing medical and IT equipment projects soon.
  

Other new

Srei Infra to participate in Light Rail Project in Kolkata

Srei Infra Post

Chinese Stimulus Package

Today's Stimulus Package announced by Chinese Govt has lifted sentiments across the world in stock markets. Stock market were up 2-3% in Europe and around 1% in US. India remained flat. Continuous sell off for past 4-5 days was another reason for the bounce back. Biggest gainer was the chinese market which rose 6%. $585 billion is going to be used in infrastructure spending and also to boost the manufacturing sector.

Other News:-

• According to a report US has lost around 700 thousand jobs in Feb in the Private Sector.Data for January was also along the similar lines. HSBC has also announced lay offs in US after bad earnings data.
• Oil surged to $45 on inventory concerns.
• The Reserve Bank of India has reduced the benchmark REPO rate to 5 percent from earlier 5.5 percent and the reverse REPO rate to 3.5 percent from 4 percent. Economic growth is slowed down to 5 years low

Other Stock News

• Reliance Infra and Sail were the big gainers in today's market
• Rolta India, Srei Infra continued it slide for yet another day. Good Buy now for risk takers
  
• RCOM(Reliance Communications), Vishal Retail hits new lows.
• Punj Lloyd was another gainer today.
• Moser Baer is also at 52 week low. It is going to expand in Europe,US for its Photo Voltaic Operations. It is buying back FCCBs and has repurchased bonds worth 1 million dollar.
• Suzlon another beaten back stock won order of 100MW which is for about 80 turnbines from China
• Satyam Computer plans to invite bids in next few days
  
• ICICI Bank hit new lows on worry about its exposure to Russian assets. Fresh shorts are created on this stock
  

Rolta India - Stock Coverage

In current turmoil in stock market and not so good outlook for Indian IT industry which sources its revenue mainly from US and somewhat from Europe, the IT stocks are out of flavor. nearly 40% of the revenue comes from BFSI segment which has collapsed.

One stock which stands apart is Rolta India. It is a market leader in providing specialized IT-based solutions toe the geospatial and engineering sectors.Rolta has broadened its engagement and geographic footprint with strategic joint ventures with Stone & Webster and Thales.
It has a near monopoly in the verticals it is playing.
* 70% share of Indian GIS market
* 90% share of Indian EDA market
* 95% share of Indian Defence GeoSpatial market

Rolta provides a full complement of specialized services in the following areas:

Information security, software packaging and testing, ERP consulting and integrated CAD/CAM /GIS services

Animation,modelling, programming, interactive media. and game design solutions

Fully integrated C4ISTAR for armed forces

Global leader in IT-based Geospatial, Engineering Design and information security and defence solution

End-to end geospatial and photogrammetry solutions for diverse applications and industries

Engineering design and automation solution for the energy, ship building and industrial segments

I don't want to give a target price for this stock nor I have a right price for you to enter because I cannot judge the bottom of stocks in current scenario. Logic doesn't follow in fearful market. But if someone wants to be in the IT world in a niche segment which is growing they can take an exposure to this stock.

Rolta India can also benefit from the nuclear deal signed by India. It is aiming to provide engineering design and automation solutions to EPC players. L&T and BHEL are already its clients who are eyeing a huge pie in the nuclear business oppurtunities.

source : rolta india website, hindu business line