Friday, May 13, 2011

Market Updates 16 May11

Powered By Bazaaredge.com

Market Outlook »

 

Nifty breaks 5,650 with high volume we can see upmove towards 5,700.

Going forward, the market will take its cue from any sort of positive overtures from the centre on the policy front. Global trends, FII flows and earnings would continue to have a bearing as well. The market will welcome any further moderation in crude oil and other global commodities. However we feel for the coming week market to trade in the range of 5,450 and 5,650.

 

Technical Calls »

Buy Coal India 382.00 target 400

Buy Sintex 183.00 target 190

Buy Tulip Tele 182.00 target 190

More

 

Momentum Calls »

Buy Garware Poly 123.35 Near term it may touch 130

Buy ICSA 183.00 Near term it may touch 190

Buy Fortis HC 151.00 Near term it may touch 160

More

 

Investment »

Hitech Plast Ltd 

Market leader in paints packaging; Asian Paints is its key client Hitech is a well-established player and the market leader in plastic containers packaging for the paints industry with a market share of 35%. Asian 

 

Investment »

Pratibha Industries Limited 

PIL’s order book stands currently at ~`36bn (3600crs) diversified across segments like water treatment (60%) & urban infrastructure (40%) with an average execution period of 3-3.5 yrs. PIL also has an L1 bidder 

 

Corporate Report » 
Consolidated Construction 

Current order backlog stands at INR 64 bn, >3x FY11 revenue, offering strong revenue visibility. However, robust order book has not translated into revenue, as is evident in the tepid 9.6% revenue growth in FY11.......

 

Analyst Corner » 
GAIL (India) 

Company is confident that lower KG-D6 volumes will have little effect GAIL is confident that gas volumes will grow to 134mmscmd in FY13 from 118mmscmd currently due to increased production from ONGC and higher LNG imports including those at Dabhol.

 

Stock Watch


Delta Corp 

Delta Corp, India`s largest gaming and hospitality listed company, through its wholly owned subsidiary, has acquired a 51% equity stake in Daman Hospitality for an amount of Rs 500 million. The resort, situated in Daman, will be a five star deluxe hotel comprising of 176 rooms, having 30,000 sq ft for indoor events and 70,000 sq ft of leisure area including outdoor pools and other entertainment areas.. The hotel has three bars and four restaurants. The hotel also has a high end shopping

 

Stock of the Week


Simmonds Marshall Ltd. 

SML is engaged in the manufacturer and marketing of a range of specialized nyloc inserts self locking nuts and other special fasteners. SML has an equity base of Rs 2.24cr with huge reserves of around Rs 13.16cr. For Q4FY11 recorded net profit zoomed 34.41% QoQ. For FY11 net sales zoomed 48% while NP zoomed 78% YOY. FY11 EPS 7.36 stock

 

Punter Picks

 

Calls Reviews


Adani given at 626 Achieved 662 

IRB given at 161 Achieved 167 

Tata Motors given at 1208 Achieved 1234 

Vikas Global given at 81 Achieved 84 

Ranbaxy given at 478 Achieved 497 

ShreeGanesh given at 252 Achieved 278 

H.T Media given at 150 Achieved 161 

UBI given at 321 Achieved 332 

DhanBank given at 124 Achieved 130 

IDBI given at 136 Achieved 140 

Whirlpool given at 242 Achieved 252

Liberty given at 93 Achieved 96 

Tulip given at 157 Achieved 164 

Tawalkars given at 220 Achieved 230 

Ranbaxy given at 449 Achieved 483 

PTC given at 88 Achieved 92 

Kale Consultate given at 88 Achieved 92 

 

 

For more detailed reports visit  at http://www.bazaaredge.com

 

Visit the Blog http://www.bazaaredge.com/blog

 

Disclaimer : This report is for the personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. And not soliciting any action based upon it. The report is based upon information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon such. We or any of its affiliates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report

No comments:

Post a Comment