Friday, April 29, 2011

Red Alert

Today Nifty went down by 159.73( -0.83% ) points( 19,135.96 ) & BSE went down by -35.95 ( -0.62%) points(5,749.50).

UCO Bank 104.45 Rs. ( Down 9.02 % )
Oriental Bank of Commerce 345.65 Rs. ( Down 6.12% )

Recommendation
Esab India Ltd hold for long time( atleast 3 years ). Buying price suggestion Rs.500.
ESAB India has a wide and comprehensive range of welding, cutting and allied products and services. The product range covers Welding Consumables, Reclamation Consumables, Arc Equipment, Industrial Gas Equipment, Cutting Machines and Working Environment Products for your specialised welding, cutting and allied needs. These are manufactured to stringent quality control measures in the state-of-the-art manufacturing units.

Wednesday, April 27, 2011

Bonus & Stock Split

NSE Symbol: ONMOBILE
Company: OnMobile Global Limited
Ex.Date: 03-MAY-2011
BONUS 1:1

NSE Symbol: BAJAJCORP
Company: Bajaj Corp Limited
Ex.Date: 05-MAY-2011
FACE VALUE SPLIT FROM RS.5/- TO RE.1/-

Tuesday, April 26, 2011

IPO Alert for April 27

SERVALAKSHMI PAPER LIMITED

Issue Open : April 27, 2011
Issue close : April 29, 2011
Price Band : Rs. 27 - Rs. 29 Per Equity Share
Minimum Bid Size: 200 Equity Shares
Face Value : Rs. 10 Per Equity Share
Issue Type : 100% Book Building
Maximum Subscription Amount for Retail Investor: Rs. 200000

Incorporated in 2005, Servalakshmi Paper Limited engaged in the business of manufacturing Printing & Writing Paper and Newsprint. Company production unit situated at Kodaganallur Village, Tirunelveli district, Tamil Nadu with total installed production capacity of 90,000 MTPA. In printing and writing segment, they produce coated, uncoated, copier, cream wove, SS Maplitho, computer stationary and text/note book papers.

ICRA has assigned IPO GRADE as 2 Which means ' Below Average Fundamentals '

Monday, April 25, 2011

Upcoming IPO - Vaswani Industries Ltd(VIL)


Vaswani Industries Ltd (VIL) is entering in the capital markets with an initial public offering, IPO of 10,000,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 45/- at lower level and Rs 49/- at upper level.

Vaswani Group of Industries is one of the reputed group of Chhattisgarh. This Group has a chain of value-added products which include Induction Furnance, Sponge Iron, Stelel ingot/billet,Power, Rolling Mill, TMT Bars, Forgings & Casting. We draw our strength from an old tradition of reliable customer service and quality products.

The issue opens on Apr 29, 2011 and closes for subscription on May 03, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).


Web Site:

Innoventive & Future Ventures India Limited IPO


Innoventive fixes it's IPO price band at Rs 117/- at lower level and Rs 120/- at upper level. The issue of Innoventive Industries IPO opens on Apr 26, 2011 and closes for subscription on Apr 29, 2011.


Innoventive manufacture a range of drawn over mandrel (DOM) tubes which satisfy widely followed ASTM 513, DIN 2393, EN 10305 and JISstandards. The tubes that we manufacture find applications such as cam shafts, tie rods, connecting rods, axles, steering columns, rocker arm shafts in automobile industry. They are also used in boilers and air preheaters.
CARE agency rated this IPO as Grade 3 which means 'Average Fundamentals'.
Web Site:


FUTURE VENTURES INDIA LIMITED fixed it's IPO price band at Rs 10/- at lower level and Rs 11/- at upper level. The issue of FUTURE VENTURES INDIA LIMITED IPO opened today Apr 25, 2011 and closes for subscription on Apr 28, 2011.
CARE agency rated this IPO as Grade 3 which means 'Average Fundamentals'.
Web Site:

Friday, April 22, 2011

GOLD ETF & It's Symbols


The following is the GOLD ETF symbols that you can purchase using DEMAT account. Buying GOLDETF is safer, easy to buy&sell. Even you can buy 0.5gram gold through QGOLDHALF.

NSE-SYMBOLS
RELGOLD ( It is from Reliance )
IPGETF ( It is from ICICI )
GOLDSHARE ( It is from UTI )
SBIGETS ( It is from SBI)
KOTAKGOLD ( It is from KOTAK)
AXISGOLD ( It is from AXIS )
GOLDBEES ( It is from BENCHMARK )
QGOLDHALF(1/2Gram Gold ) ( It is from QUANTUM GOLD )
RELIGAREGO ( It is from Religare )
HDFCMFGETF ( It is from HDFC )

Thursday, April 21, 2011

IPO Status - Muthoot Finance Ltd

Muthoot Finance Ltd IPO finally subscribed 24.55 times on its closing day. Muthoot Finance IPO was open on Apr 18, 2011 and closed today on Apr 21, 2011 for subscription. Muthoot Finance has received bids for 1,07,46,26,600 shares as against issue size of 4,37,75,000 shares.

Subscription Detail,
Qualified Institutional Buyers (QIBs): 25.01 Times
Non Institutional Investors: 60.94 Times
Retail Individual Investors (RIIs): 8.50 Times

Total: 24.55 Times

Result Update - YES Bank

Net profit of Yes Bank rose 45.24% to Rs 203.38 crore in the quarter ended March 2011 as against Rs 140.03 crore during the previous quarter ended March 2010. Total operating income rose 83.96% to Rs 1222.61 crore in the quarter ended March 2011 as against Rs 664.60 crore during the previous quarter ended March 2010.

Wednesday, April 20, 2011

IPO Status

Muthoot Finance Ltd. IPO closes tomorrow, 21st April 2011.
Price Band: Rs.160-175
Issue oversubscribed by 10 times!!!
QIB oversubscribed by 25 times!!!
RIIs oversubscribed by 1.35 times..

Tuesday, April 19, 2011

Airtel & Zoomin.com


Telecom major Bharti Airtel today said it has partnered with photo service firm Zoomin.Com to allow its broadband customers to store unlimited number of photos. Powered by Zoomin.Com, the 'Airtel Photo Service' enables users to import photo albums from Facebook or upload unlimited number of photos directly from their computer to their account.

Monday, April 18, 2011

Upcoming IPO - Paramount Printpackaging Ltd


Paramount Printpackaging Ltd

Paramount Printpackaging Limited (PPPL) is entering in the capital markets with an initial public offering, IPO of 13,094,175 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 32/- at lower level and Rs 35/- at upper level.

The issue opens on Apr 20, 2011 and closes for subscription on Apr 25, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

SBI Debt Fund Series

SBI Debt Fund Series is a Close-ended Debt Scheme and the objective is to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.


Details,


Invest in SBI Debt Fund Series 180 Days - 17

Friday, April 15, 2011

L&T to sell electronics


Larsen and Toubro (L&T) touched an intraday high of Rs 1,768.35 and an intraday low of Rs 1,706. At 11:37 hrs the share was quoting at Rs 1,734.50, up Rs 16.90, or 0.98%.
The company is looking to sell electricals and electronics business. The company board has approved sale of electricals business yesterday.

Update

RPG Group company KEC International today said it has bagged orders worth Rs 550 crore from India and Brazil for the construction of transmission network. Total order value is Rs 367 crore and the completion period is 18 months.

Singapore-based SingTel has increased its stake in one of India's largest telecom companies Bharti Airtel to 32.25 per cent, with the purchase of shares worth about Rs 93 crore.

Wednesday, April 13, 2011

Upcoming IPO - Muthoot Finance

Muthoot Finance fixes it's IPO price band at Rs 160/- at lower level and Rs 175/- at upper level. The issue of Muthoot Finance IPO opens on Apr 18, 2011 and closes for subscription on Apr 21, 2011.

Muthoot Finance Ltd is the Kerala - based largest gold financing company in India in terms of loan portfolio. Muthoot Finance provides personal and business loans secured by gold jewellery, or Gold Loans. They have 1605 branches across 20 states and two union territories in India. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

IPO - Servalakshmi Paper Ltd

Please be informed that 14th April, 2011 will be a Trading and Clearing holiday for both NSE and BSE on account of Babasaheb Ambedkar Jayanti.

Servalakshmi Paper Ltd is entering in the capital markets with an initial public offering, IPO of 6000 lacs. The price band for the issue has been fixed at Rs 27/- at lower level and Rs 29/- at upper level.

Servalakshmi Paper Limited engaged in the business of manufacturing Printing & Writing Paper and Newsprint. Company's production unit situated at Kodaganallur Village, Tirunelveli district, Tamil Nadu with total installed production capacity of 90,000 MTPA. In printing and writing segment, they produce coated, uncoated, copier, cream wove, SS Maplitho, computer stationary and text/note book papers.

The issue opens on Apr 27, 2011 and closes for subscription on Apr 29, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

IPO - Future Ventures


Future Ventures, a unit of the Future Group which runs the country's top listed retailer Pantaloon Retail, is likely to hit the capital market with its initial public offering at the end of April, a newspaper report said.

Tuesday, April 12, 2011

Upcoming IPO - Muthoot Finance Ltd


Muthoot Finance Limited (MFL) is entering in the capital markets with an initial public offering, IPO of 51.5 lakh equity shares of face value Rs 10 each. The price band for the issue has not been fixed yet.

Muthoot Finance Ltd is the Kerala - based largest gold financing company in India in terms of loan portfolio. Muthoot Finance provides personal and business loans secured by gold jewellery, or Gold Loans. They have 1605 branches across 20 states and two union territories in India.

The issue opens on Apr 18, 2011 and closes for subscription on Apr 21, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Monday, April 11, 2011

BONUS & DIVIDEND

Please be informed that 12th April, 2011 will be a Trading and Clearing holiday for both NSE and BSE on account of Ram Navmi.

Symbol: KSBPUMPS
KSB Pumps Limited
Ex.Date: 18-APR-2011
BONUS 1:1

Symbol: PAPERPROD
The Paper Products Limited
Ex.Date: 18-APR-2011
DIVIDEND RS 2.20 PER SHARE

Symbol: HCLTECH
HCL Technologies Limited
Ex.Date: 25-APR-2011
3RD INTERIM DIVIDEND

Symbol:BOSCHLTD
Bosch Limited
Ex.Date:12-MAY-2011
DIVIDEND - RS. 40 PER SHARE

PE Ratio

A valuation ratio of a company's current share price compared to its per-share earnings.

Calculated as:
= market value per share / Earning Per Share(EPS)

For example, if a company is currently trading at $43 a share and earnings over the last 12 months were $1.95 per share, the P/E ratio for the stock would be 22.05 ($43/$1.95).

EPS is usually from the last four quarters (trailing P/E), but sometimes it can be taken from the estimates of earnings expected in the next four quarters (projected or forward P/E). A third variation uses the sum of the last two actual quarters and the estimates of the next two quarters.

Saturday, April 9, 2011

Attractive Company FDs

HDFC Platinum Deposits

Engaged in Housing Finance.
Consistent profit making and Dividend paying Company.
PAT for 2009/10 of Rs.2,826 Crs. & Dividend of 360%.
"FAAA" rating by CRISIL & "MAAA" by ICRA.
9.50% interest for 15 months & 33 months Deposits.
0.25% additional interest for Senior Citizens.

LIC Housing Finance Limited

Country's largest Housing Finance Company with a history of 22 years.
Consistent Profit making & Dividend paying Company.
PAT for 2009/10 of Rs.662 Crs. & Dividend of 150%.
"FAAA" rating by CRISIL.
9.50% interest for a 3 years Deposit.

Friday, April 8, 2011

Result Update: Sun TV Network


Unicon Investment has come out with its earning estimates on Media and Entertainment sector for the quarter ended March 2011. According to the research firm, Sun TV Network March quarter revenue from operations are expected to go down by 17.1% at Rs 495.8 crore, quarter-on-quarter, (QoQ) basis.

The company's net profit is expected to go down by 13.2% at Rs 195.7 crore on QoQ basis.

Update Shilpi Cable, GVK & Simbhaoli

GVK Power and Infrastructure is in exclusive talks to buy two Australian coal mines owned by Hancock Prospecting in a deal worth A$8 billion ($8.4 billion).

Simbhaoli Sugars today announced transfer of its potable alcohol business into a wholly-owned subsidiary Simbhaoli Spirits for a consideration of Rs 136 crore, as part of its restructuring exercise.

Shilpi Cable Technologies IPO lited today. The price of this share went above 84.Rs at one stage. But the end of the day it endup with 46.80 Rs.

This IPO Detail,
Listing Date: Friday, April 08, 2011
BSE Scrip Code: 533389
Listing In: 'B' Group of Securities
ISIN: INE510K01019
Issue Price: Rs. 69.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Thursday, April 7, 2011

update - Bharti Airtel


Bharti , India's top mobile phone carrier, said on Tuesday it had reached 2 million customers on its third-generation (3G) mobile network.

Monday, April 4, 2011

Update


IT firm HCL Infosystems today announced the completion of a project awarded by ONGC for deployment of an IT infrastructure management solution at its network and security operations centre. The project is aimed at providing a complete IT infrastructure management solution for various business applications and services of ONGC and to strengthen the security management in today's times of increasing security risk.