Tuesday, May 31, 2011

Today

  • ONGC to move court on Rajasthan block royalty
  • Hindalco to start Utkal project before June 2012
  • HPL to invest Rs4,000 cr on eight projects in WB
  • Ex-date for dividend of Punjab & Sind Bank
  • Ex-date for interim dividend of Smartlink Network Systems

Monday, May 30, 2011

Update - Suzlon , Jai Balaji Industries

Indian wind turbine manufacturer Suzlon Energy has signed its first South African deal for supplying turbines and is in talks with four more clients here.

Net profit of Jai Balaji Industries rose 110.02% to Rs 32.07 crore in the quarter ended March 2011 as against Rs 15.27 crore during the previous quarter ended March 2010. Sales rose 29.16% to Rs 649.66 crore in the quarter ended March 2011 as against Rs 503.00 crore during the previous quarter ended March 2010.

Saturday, May 28, 2011

Sensex extends gains, ends 221 points higher

Buoyed by firm global cues and all-round buying, the Sensex(BSE) rose 221 points and the Nifty(NSE) up by 64 points at the close, hitting fresh one-week highs.
  • HDIL gains 3% as FY11 consolidated net profit rises 45%
  • Reliance Power FY11 consolidated net profit up 11%
  • Fortis Health Q4 consolidated net profit up 8%

Friday, May 27, 2011

Upcoming IPO - VMS Industries Ltd


VMS Industries Ltd is entering in the capital markets with an initial public offering, IPO of 25.75 crores. The price band for the issue has been fixed at Rs 36/- at lower level and Rs 40/- at upper level.

The issue opens on May 30, 2011 and closes for subscription on Jun 02, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE).

The company was originally incorporated under the name of Varun Management Services Private Limited on 2nd December 1991 with the Registrar of Companies, Gujarat ( Dadar & Nagar Haveli). The name of our company was changed to VMS INDUSTRIES PRIVATE LIMITED with effect from 22nd May 2007. Pursuant to our Company being converted into a Public Limited Company, the word “Private” was deleted from the name of our Company by necessary resolution passed on 31st December 2009.

ICRA Limited has rated this IPO as IPO GRADE 1. ( poor fundamentals )

Website: http://www.vmsil.com/

Upcoming IPO - Timbor Home Ltd


Timbor Home Ltd is entering in the capital markets with an initial public offering, IPO of 3,690,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 54/- at lower level and Rs 63/- at upper level.

Timbor Home Ltd is an India based manufacturer and retailer of Italian style modular kitchen components, door frames, home furniture and accessories. Company markets its products under brand names Timbor Cucine, Timbor Doors Timbor Home and IKI Kitchens.

The issue opens on May 30, 2011 and closes for subscription on Jun 02, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

CRISIL agency has rated this IPO as IPO GRADE 1. ( Poor Fundamentals )

Website: http://www.timborhome.com/

Listing -> Aanjaneya & Power Finance FPO

Aanjaneya IPO shares will list on Friday, May 27, 2011. Issue price of this IPO has been fixed at Rs 234/- per share. IPO was oversubscribed by 1.11 times (1.84 times in retail) on closing day.

Aanjaneya IPO Listing Date & Detail

Listing Date: Friday, May 27, 2011
BSE Scrip Code: 533412
NSE Symbol: AANJANEYA
Listing In: 'B' Group of Securities
ISIN: INE928K01013
Issue Price: Rs. 234.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share


Power Finance FPO shares will list on Friday, May 27, 2011. Issue price of this FPO has been fixed at Rs 203/- per share. FPO was oversubscribed by 4.34 times (2.00 times in retail) on closing day.

Power Finance FPO Listing Date & Detail

Listing Date: Friday, May 27, 2011
BSE Scrip Code: 532810
NSE Symbol: PFC
Listing In: A Group
Sector: Finance (including NBFCs)
ISIN: INE134E01011
Issue Price: Rs. 203.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Wednesday, May 25, 2011

NFO - SBI Debt Fund Series 36 Months


Launching SBI Debt Fund Series 36 Months - 1
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.

Advantages
Choose your investment option: Growth or Dividend (payout)
Scheme will be listed on the National Stock Exchange (NSE)

NFO Opens On: 24 May 2011
NFO Closes On: 31 May 2011

Min. Application Amount: 5000 Rs. and in multiples of 10 Rs. there after.

Entry Load & Exit Load : Nil

Monday, May 23, 2011

BHEL dips 7% as disinvestment, stock split, results weigh

The company has announced annual results for the financial year 2011. The consolidated profit stands at Rs6053 crore versus provision of Rs6,021 crore. The company clocked consolidated turnover of Rs43,691 crore versus provision of Rs43,451 crore. Also it has approved stock split of face value from Rs10 to Rs2.

Day's High & Low : 2,103.35 Rs. - 1,918.00 Rs.

Friday, May 20, 2011

Ashok Leyland - Update

Net profit of Ashok Leyland rose 33.94% to Rs 298.23 crore in the quarter ended March 2011 as against Rs 222.66 crore during the previous quarter ended March 2010. Sales rose 30.26% to Rs 3828.53 crore in the quarter ended March 2011 as against Rs 2939.04 crore during the previous quarter ended March 2010.

Thursday, May 19, 2011

IPO Status - GALAXY SURFACTANTS LIMITED

GALAXY SURFACTANTS LIMITED
Book Running Lead Manager to the issue has informed the Exchange that the Book Building issue of GALAXY SURFACTANTS LIMITED has been withdrawn.

Wednesday, May 18, 2011

NFO - Reliance Dual Advantage Fixed Tenure Fund I - Plan K


Reliance Dual Advantage Fixed Tenure Fund I - Plan K
( A close Ended Income Scheme )


  • Units at Rs.10.
  • Tenure 3 years.

NFO closes on 24-May-2011.

Birla Sun Life MF - Dividend Declared

Birla Sun Life Equity Fund
(An Open ended Growth Scheme) Rs. 3.00/- per unit Dividend declared on May 20, 2011 (Record Date)

Birla Sun Life Tax Plan
(An Open ended Equity Linked Savings Scheme with a lock-in of 3 years) Re. 1.00/- per unit Dividend declared on May 20, 2011 (Record Date)

Birla Sun Life Top 100 Fund
(An Open ended Growth Scheme) Re. 0.80/- per unit Dividend declared on May 20, 2011 (Record Date)

Tuesday, May 17, 2011

MVL Ltd, L&T Update

Net profit of MVL rose 104.08% to Rs 6.51 crore in the quarter ended March 2011 as against Rs 3.19 crore during the previous quarter ended March 2010. Sales rose 74.28% to Rs 56.71 crore in the quarter ended March 2011 as against Rs 32.54 crore during the previous quarter ended March 2010.

Engineering and construction major Larsen & Toubro has received an order over Rs 3,500 crore from Chennai-based PPN Power Generating Company.

Saturday, May 14, 2011

GALAXY SURFACTANTS LIMITED

Galaxy Surfactants Limited has opened IPO issue on May 13, 2011. As of now only 0.01 time the issue has been subscribed. Till now Qualified Institutional Buyers (QIBs) have not subscribed any of this share.

Issue Size : Public Issue of 59,30,000 Equity Shares of Rs. 10/- each
Price : Rs. 325 to Rs. 340
Face Value : Rs.10/-
Market Lot : 20 Equity Shares
Issue Period : May 13 TO May 19, 2011

CRISIL Limited has rated this IPO as GRADE 4 which means 'Above Average Fundamentals'.


Wednesday, May 11, 2011

Aurobindo pharma

Hyderabad-based Aurobindo pharma has joined the billion-dollar club of pharma fraternity as the company's consolidated revenues registered a growth of 22.5% at Rs 4381.5 crore in the financial year ended March 31, 2011 as against Rs 3575.4 crore last year.

Tuesday, May 10, 2011

IPO Listing - Future Ventures India Ltd

Future Ventures India Ltd is listing today.

IPO Details,
Listing Date: Tuesday, May 10, 2011
BSE Scrip Code: 533400
NSE Symbol: FUTUREVENT
Listing In: 'B' Group of Securities
ISIN: INE220J01017
Issue Price: Rs. 10.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

CARE agency rated this IPO as Grade 3 which means 'Average Fundamentals'.

Web Site:
http://www.futuregroup.in/our_companies.asp

Saturday, May 7, 2011

Upcoming IPO - AANJANEYA LIFECARE LIMITED


Issue Period : 09-May-2011 to 12-May-2011
Price : Rs.228/- to Rs.240 /-
Market Lot : 25 equity shares
Face Value : 10
Fitch Rating India Private Limited has marked IPO Grade 2( Below Average Fundamental ) for AANJANEYA LIFECARE LIMITED.

Website:

Upcoming FPO - Power Finance Corporation Ltd


Power Finance fixes it's FPO price band at Rs 193/- at lower level and Rs 203/- at upper level. The issue of PFC FPO opens on May 10, 2011 and closes for subscription on May 13, 2011.

Website

NSE Symbol: PFC
53 week High: 385 Rs.

PFC was set up on 16th July 1986 as a Financial Institution (FI) dedicated to Power Sector financing and committed to the integrated development of the power and associated sectors. The Corporation was notified as a Public Financial Institution in 1990 under Companies Act, 1956.

PFC's product portfolio comprise of Financial Products and Services like Project Term Loan, Equipment Lease Financing, Discounting of Bills, Short Term Loan, and Consultancy Services etc. for various Power projects in Generation, Transmission, and Distribution sector as well as for Renovation & Modernization of existing power projects.

IPO Listing - MUTHOOTFIN & PARAPRINT

Muthoot Finance Ltd Listed on Friday, 06-May-2011. It price went above 195 Rs. But at the end of day price was 176.25 Rs.

Day High: 198.00 Rs.
Day Low : 161.50 Rs.
NSE & BSE Symbol: MUTHOOTFIN

Paramount Printpackaging Ltd IPO is listing on Monday( 09-May-2011 ).
IPO Detail,
Listing Date : Monday, May 09, 2011
BSE Scrip Code: 533399
NSE Symbol : PARAPRINT
Listing In : 'B' Group of Securities
Issue Price : Rs. 35.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

NFO - Birla Sun Life Gold ETF


Birla Sun Life Gold ETF (BSL Gold ETF), an open ended Gold Exchange Traded Fund, that invests your money to buy physical gold and aims to grow your money in line with the domestic spot price of gold as much as possible.

NFO closes on May 9, 2011.

Sunday, May 1, 2011

Gold Master @ May 2011

Today gold price( based on chennai )1 gram - Rs.2108 ( 22 carat ). 166 Rs. increased when compare with March month(05-Mar-2011).

10 gram - rs.22665 ( 24 carat ) 2940 Rs. increased when compare with 05-Mar-2011.

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 10 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,
http://stock-jungle.blogspot.com/2011/03/gold-master-march2011.html

DatePrice
Aug-2010Rs.1731 ( 1 gram - 22carat )
May-2011Rs.2108 ( 1 gram - 22carat )
Aug-2010Rs.18610 ( 10 gram - 24 carat )
May-2011Rs.22665 ( 10 gram - 24 carat )

If one have invested Rs.10000 in gold(22 carat) on Aug-2010, He might have (Rs.12016) 20% of gain as of now. There is no loss even after 10 months.