Wednesday, March 30, 2011

Market Eye - JK Paper Ltd.

JK Paper Ltd. is India's largest producer of branded papers and a leading player in the fine papers and packing board segments.

It operates two integrated pulp and paper mills in india, JK Paper Mills in Rayagada, Orissa, in eastern India and Central Pulp Mills in Songadh, Gujrat, in western India with a combined manufacturing capacity of 2,40,000 tonnes per year, using contemporary technology.

Todays High 57.780rs. & Low 50.90 rs.

Listing -> PTC India Financial Services Ltd

PTC India Financial Services Ltd Listed today. Price went under of its issue price. End of the day price is 24.90 rs.

Detail of this IPO,
BSE Scrip Code: 533344
NSE Symbol: PFS
Listing In: 'B' Group of Securities
ISIN: INE560K01014
Issue Price: Rs. 28.00 Per Equity Share
Retail Category: Rs. 27.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Tuesday, March 29, 2011

Time for DIVIDEND Birla Sun Life Tax Relief '96

Birla Sun Life Tax Relief '96
(An Open ended Equity Linked Savings Scheme (ELSS) with a lock-in of 3 years) Rs. 4.00/- per unit Dividend declared on March 31, 2011 (Record Date).

Update

The government today said Coal India has lowered the production target to 440.20 million tonnes from 460.50 million tonnes for the current fiscal. The Navratna company, however, is likely to miss the revised target too as the output recorded by February stood at 380.62 million tonnes (MT).

Texmo Pipes and Products said on Monday a fire last week at its factory at Burhanpur has destroyed its raw material stock and storage shed.

Monday, March 28, 2011

IPO Status -> Shilpi Cable Technologies Ltd

Shilpi Cable Technologies Ltd IPO finally subscribed 3.48 times on its closing day. Shilpi Cable IPO was open on Mar 22, 2011 and closed today on Mar 25, 2011 for subscription. Shilpi Cable has received bids for 2,99,49,295 shares as against issue size of 85,96,492 shares.


Thursday, March 24, 2011

Listed -> Lovable Lingerie Ltd

Lovable Lingerie Ltd has listed today and the price went more than 20%.
At the end of the day the price was 249.20 Rs.

Day High: 278.95
Day Low: 241.40

Tuesday, March 22, 2011

IPO Status

Lovable Lingeries IPO was open on Mar 08, 2011 and closed on Mar 11, 2011. IPO was oversubscribed by 35.21 times (20.84 times in retail) on closing day.

March 29,2011.
ACC Limited - FINAL DIVIDEND RS.13/- PER SHARE AND ONE TIME SPECIAL DIVIDEND RS.7.50/- PER SHARE.

Monday, March 21, 2011

Buying TIPS

TCS
TCS is recommended to buy with a target price of Rs.1300 over one year. The stock is currently traded in the range of Rs.1080.

It seems that 4QFY11 would be slightly weak due to seasonal factors (4Q is generally weak) and the revenue growth for the quarter would be 3- 4% qoq, as against the market expectation of 5-6% revenue growth. However, FY12 appears to be a strong year and the revenue growth is expected at 25% with stable EBIT margin of 27-28% range.

United Phosphorus Ltd
Hold it for one year. Target price :230.

Reliance Industries Ltd, GAIL and Andhra power producers have signed agreements involving swapping of gas to ensure additional gas supply for generating 600 Mw power in the state. Thursday’s agreement would enable supply of another 2.594 million standard cubic metres of gas per day to power units in Andhra. The resulting power production of almost 600 Mw is important for farmers of the state, said a petroleum ministry statement. The agreement was signed in the presence of the minister, S Jaipal Reddy, who is a Congress MP from the state.


Sunday, March 20, 2011

Upcoming IPO

Shilpi Cable Technologies Ltd
Shilpi Cable Technologies Ltd is entering in the capital markets with an initial public offering, IPO of Rs. 55.88 Crore. The price band for the issue has been fixed at Rs 65/- at lower level and Rs 69/- at upper level.

Shilpi Cable Technologies Limited is engaged in the business of manufacturing Radio frequency (RF) cables, widely used in telecom, automobile and power sectors. The Company’s product portfolio includes RF Cables of various sizes for the telecom sector, low voltage power cables and cable accessories.

The issue opens on Mar 22, 2011 and closes for subscription on Mar 25, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

This is graded as '1' which means poor in fundamentals.

Website:
http://www.shilpicables.com/

Wednesday, March 16, 2011

Subex Ltd, TCS


Bangalore-headquartered Subex Ltd announced today that it has been chosen for a $12 million licence contract by a mobile group operating in Europe, West Asia and Africa to implement its ROC platform for fraud management and revenue assurance.

Tata Consultancy Services (TCS), has signed a multi-year multi-million IT infrastructure deal with the Netherlands-based Royal Haskoning, an international engineering and environmental consultancy. The scope of the project covers end to end IT infrastructure services, which will be provided from TCS’ global delivery centers in the Netherlands, Hungary and India.

Tuesday, March 15, 2011

PTC INDIA FINANCIAL SERVICES LIMITED


PTC INDIA FINANCIAL SERVICES LIMITED
Issue Open: March 16, 2011
Issue close: March 18, 2011
Price Band: Rs. 26 - Rs. 28 Per Equity Share
Minimum Bid Size: 250 Equity Shares
Face Value: Rs. 10 Per Equity Share
Issue Type: 100% Book Building
Maximum Subscription Amount for Retail Investor: Rs. 200000


Incorporated in 2006, PTC India Financial Services Ltd (PFS) is an Indian non-banking financial institution, a subsidiary of and promoted by PTC India Limited ("PTC"). They are financial institutions in India that provide both equity and debt financing, including short-term and long-term debt, as well as structured debt financing. They are currently focusing on power generation projects in India. Thet also provide fee based syndication and advisory services as well as carbon credit financing against certified emissions reduction (CER) exclusively to the power sector.

IPO Grading / Rating:
CARE Limited has assigned an IPO Grade 4 to PTC India Financial ServicesIPO. This means as per CARE, company has 'Above Average Fundamentals'. ICRA has assigned an IPO Grade 4 to PTC India Financial Services IPO. This means as per ICRA company has 'Above Average Fundamentals'. CRISIL has assigned an IPO Grade 3 to PTC India Financial Services IPO. This means as per CRISIL, company has 'Average Fundamentals'.

Sunday, March 13, 2011

IPO Status

Lovable Lingeries Ltd IPO finally subscribed 35.21 times on its closing day. Lovable Lingeries IPO was open on Mar 08, 2011 and closed today on Mar 11, 2011 for subscription. Lovable Lingeries has received bids for 13,61,69,880 shares as against issue size of 38,67,500 shares.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 21.87 Times

Non Institutional Investors: 99.87 Times

Retail Individual Investors (RIIs): 20.84 Times

Total: 35.21 Times

Upcoming IPO

PTC India Financial Services Ltd (PFS)

PTC India Financial Services Ltd (PFS) is entering in the capital markets with an initial public offering, IPO of 156,700,000 Equity Shares of Rs. 10 each. The price band for the issue has not been fixed yet.

PTC India Financial Services Ltd (PFS) is an Indian non-banking financial institution, a subsidiary of and promoted by PTC India Limited ("PTC"). They are financial institutions in India that provide both equity and debt financing, including short-term and long-term debt, as well as structured debt financing. Thet also provide fee based syndication and advisory services as well as carbon credit financing against certified emissions reduction (CER) exclusively to the power sector.

The issue opens on Mar 16, 2011 and closes for subscription on Mar 18, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Saturday, March 12, 2011

IPO Status

Again a good time for IPO. The two companies listed yesterday. And the traders were interested to buying these shares.

Sudar Garments Ltd price reached 113.10 at first day of listing. Also Fineotex Chemical Ltd price reached 140.90 rs. in same day.
Website: www.sudargarments.com/
Website: www.fineotex.com

Friday, March 11, 2011

Q-UPDATE

QUICKupdate
Tata Steel Group today said its expenses on key raw materials are likely to go up by $1 billion in the current fiscal to $7 billion due to a rise in input costs.

Reliance Communications' (RCom) customers will now be able to experience mobile services such as high-quality video telephony and high-speed mobile data, as networking solutions provider Cisco has completed mobile network for the company's 3G deployment in India. Networking solutions provider Cisco has completed the mobile network for RCom that will cover 100,000 square km - the largest 3G deployment in India.

IPO Listing - today

Sudar Garments Ltd IPO shares will list on Friday, March 11, 2011. Issue price of this IPO has been fixed at Rs 77/- per share. IPO was oversubscribed by 1.55 times (2.27 times in retail)

IPO Listing Detail
Listing Date: Friday, March 11, 2011
BSE Scrip Code: 533332
NSE Symbol: SUDAR
Listing In: 'B' Group of Securities
ISIN: INE384L01017
Issue Price: Rs. 77.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share


Website:
http://www.sudargarments.com/

Fineotex Chemical Ltd IPO shares will list on Friday, March 11, 2011. Issue price of this IPO has been fixed at Rs 70/- per share. IPO was oversubscribed by 1.57 times (4.38 times in retail).

IPO Listing Detail
Listing Date: Friday, March 11, 2011
BSE Scrip Code: 533333
Listing In: 'B' Group of Securities
ISIN: INE045J01018
Issue Price: Rs. 70.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Tuesday, March 8, 2011

M&M ties with Cisco for technology service


Reports says that Mahindra and Mahindra (M&M) has today collaborated with Cisco for jointly developing technology services in six key verticals.

The verticals include smart cities, virtual dealership, sports and entertainment and cloud services. As a part of the collaboration, the two companies will jointly bid for contracts. While the partnership is a global deal, the partnership will focus on five key geographies.

CP Gurnani, CEO, Mahindra Satyam said, “We are looking at North America, Europe, Middle East and Africa, India and Asian markets. So these are the five geographies where we have clear go-to-market plans.”

Saturday, March 5, 2011

BONUS & Dividend's


Hindustan Zinc Limited announced BONUS - 1:1 AND FACE VALUE SPLIT FROM RS. 10 TO RS. 2. The execution date will be 07-MAR-2011.

GlaxoSmithKline Consumer Healthcare Limited announced ANNUAL GENERAL MEETING AND DIVIDEND RS.50/- PER SHARE (SPECIAL DIVIDEND RS.25/- PER SHARE AND FINAL DIVIDEND RS.25/- PER SHARE). The execution date will be 11-MAR-2011.

GlaxoSmithKline Pharmaceuticals Limited announced DIVIDEND-RS.40/- PER SHARE. The execution date will be 14-MAR-2011.

Gold Master @ March2011

Today gold price( based on chennai )1 gram - rs.1942 ( 22 carat ). 108 Rs. increased when compare with October month(14-oct-2010).

10 gram - rs.19725 ( 24 carat ) 1115 Rs. increased when compare with 14-oct-2010.

There is no loss if you put in money in gold( as per 6 months of analyse ). The thing that you have to do is, have to buy when it comes low. That is in your hand only.

So even after 4 months, still the gold rate is keep on increasing..OK catch you at next analyse on gold rate..until bye from Gold Master ;)

This is comparison of gold rate with the following old update,

Jubilant Life Sciences Limited


About Company
Jubilant Life Sciences Limited, is an integrated Pharmaceutical & Life Sciences company. As India's largest Custom Research and Manufacturing Services (CRAMS) player and a leading Drug Discovery and Development Solutions provider out of India, it is constantly engaged in delivering value to its global customers through innovative technologies, products and services.
LTP 170.60
Day's H/L (Rs) 177.40 - 169.00
52wk H/L (Rs) 296.00 - 159.50

Suggestion: At this level can buy.



Friday, March 4, 2011

Lovable Lingerie fixes IPO price band at Rs 195-205/share

Lovable Lingerie has fixed a price band of Rs 195-205 a share, for its intial public offering to raise up to Rs 932.8 million, it said in a newspaper advertisement on Thursday.

The issue, which opens on March 8 and closes on March 11, would constitute 27.08% of the post issue paid-up capital of the company.

Last month, the company had raised Rs 200 million via a pre-IPO placement, by placing 1 million shares with SCI Growth Investments.

The company plans to use the proceeds from the IPO for a manufacturing facility, brand promotion and retail expansion.

Upcoming IPO - Lovable Lingeries Ltd


Lovable Lingeries Ltd

Lovable Lingeries Ltd is entering in the capital markets with an initial public offering, IPO of 45,50,000 Equity Shares of Rs. 10 each. The price band for the issue has not been fixed yet.

Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers. Company was licensed the brand "Lovable" from Lovable World Trading Company, USA in 1995. "LOVABLE" is India's First Premium International Lingerie Brand. The company’s brands Lovable, Daisy Dee and College Style are retailed through 103 distributors in India.

The issue opens on Mar 08, 2011 and closes for subscription on Mar 11, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).