* With a clear vision to aggressively expand operations and reduce NPAs by its new chairman, Indian Overseas Bank is a scrip to watch and join the league of frontrunners within two years.
* Shanghai's woes at Dalal Street! Like all Chinese products even its woes come in bulk and cheap. Are FIIs listening?
* While the auto sales are booming unabated, its time for them to raise prices by 5% to 15% and improve their margins and bottomlines.
* Rejigs at big finance houses is on. JM sold its institutional business to Morgan only to buy ASK's Bric Securities sold its institutional business to Lehman but is getting ready to re-enter by buying someone else's business.
* 'Raja ne bajaya baaja' aur 'Raja ka baj gaya baaja' are two new releases this Friday. Produced by UPA and directed by M. Karunanidhi. Only cinema release and a special show for the MPs in the Lok Sabha.
* Ek Golmaal ne kamaal kar diya, Shree AshtaVinayak ko chaar guna kar diya.
* M&M will be the biggest beneficiary of the growth in rural purchasing power as tractors and UVs go great guns!
* Believe it or not, Elders ventures into baby care!
* Onions at Rs.44 a kilo appear influenced by the 62% to 100% rise in price of vegetable in China last month. But will this erosion in currency value boost asset prices including shares?
* Excessive volumes and the Middle East and European fears can knock off 5% to 10% from the benchmarks in a jiffy.
* SuryaChakra Power is planning to merge some power project companies with itself and contemplating to list on the NSE. Some action is expected in coming weeks.
* Banking scrips appear overpriced as no aggressive growth is expected in their performance. Book profit and stay away for now.
* For the September 2010 quarter, Zicom posted a huge extraordinary loss of Rs.66 cr. but made no disclosure about the nature of the loss. Market veterans suspect that the management is siphoning off the profit it made on sale of a business division. Scrip will continue to slide and make new lows.
* Trend Electronics (formerly Videocon Communications), posted an EPS of Rs.24 for FY10 ending 30 September 2010 and is faring even better in FY11. Some analysts project an EPS of above Rs.30 in FY11 and a share price of Rs.150 shortly.
* LGS Global is expected to post an EPS of Rs.20 in FY11. The share can be picked up immediately for decent gains.
* Morganite Crucible, a 74% subsidiary of a UK-based giant, has posted good Q2FY11 results. With a likely EPS of about Rs.35, the share is likely to touch Rs.400 mark.
* RSWM (formerly Rajasthan Spg & Wvg Mills) is expected to clock an EPS of Rs.30+. A textile analyst projects a target price of Rs.250 in the medium-to-short-term.
* Rama Phosphate, which posted H1FY11 EPS of Rs.17, may record an EPS of Rs.35 in FY11. It is a good medium-term investment with a target price of Rs.150.
* Surana Corporation recorded an EPS of Rs.18 in H1FY11 and is likely to post an EPS of Rs.40+ in FY11. The share can touch Rs.175 in the medium-term.
* Precision Wires may post an EPS of about Rs.28-30 in FY11. The share is going cheap and poised to touch Rs.160 shortly.
* An Ahmedabad based technical analyst forecasts a breakout in Niraj Cement Structurals, Roto Pumps, Sarda Plywood and Sarup Tanneries.
* In the grey market, the Rs.1 lakh form for the Power Grid Corporation FPO is quoting at Rs.2825-2925 while the Rs.2 lakh form for the MOIL IPO is quoting Rs.4875-4925.
* Shanghai's woes at Dalal Street! Like all Chinese products even its woes come in bulk and cheap. Are FIIs listening?
* While the auto sales are booming unabated, its time for them to raise prices by 5% to 15% and improve their margins and bottomlines.
* Rejigs at big finance houses is on. JM sold its institutional business to Morgan only to buy ASK's Bric Securities sold its institutional business to Lehman but is getting ready to re-enter by buying someone else's business.
* 'Raja ne bajaya baaja' aur 'Raja ka baj gaya baaja' are two new releases this Friday. Produced by UPA and directed by M. Karunanidhi. Only cinema release and a special show for the MPs in the Lok Sabha.
* Ek Golmaal ne kamaal kar diya, Shree AshtaVinayak ko chaar guna kar diya.
* M&M will be the biggest beneficiary of the growth in rural purchasing power as tractors and UVs go great guns!
* Believe it or not, Elders ventures into baby care!
* Onions at Rs.44 a kilo appear influenced by the 62% to 100% rise in price of vegetable in China last month. But will this erosion in currency value boost asset prices including shares?
* Excessive volumes and the Middle East and European fears can knock off 5% to 10% from the benchmarks in a jiffy.
* SuryaChakra Power is planning to merge some power project companies with itself and contemplating to list on the NSE. Some action is expected in coming weeks.
* Banking scrips appear overpriced as no aggressive growth is expected in their performance. Book profit and stay away for now.
* For the September 2010 quarter, Zicom posted a huge extraordinary loss of Rs.66 cr. but made no disclosure about the nature of the loss. Market veterans suspect that the management is siphoning off the profit it made on sale of a business division. Scrip will continue to slide and make new lows.
* Trend Electronics (formerly Videocon Communications), posted an EPS of Rs.24 for FY10 ending 30 September 2010 and is faring even better in FY11. Some analysts project an EPS of above Rs.30 in FY11 and a share price of Rs.150 shortly.
* LGS Global is expected to post an EPS of Rs.20 in FY11. The share can be picked up immediately for decent gains.
* Morganite Crucible, a 74% subsidiary of a UK-based giant, has posted good Q2FY11 results. With a likely EPS of about Rs.35, the share is likely to touch Rs.400 mark.
* RSWM (formerly Rajasthan Spg & Wvg Mills) is expected to clock an EPS of Rs.30+. A textile analyst projects a target price of Rs.250 in the medium-to-short-term.
* Rama Phosphate, which posted H1FY11 EPS of Rs.17, may record an EPS of Rs.35 in FY11. It is a good medium-term investment with a target price of Rs.150.
* Surana Corporation recorded an EPS of Rs.18 in H1FY11 and is likely to post an EPS of Rs.40+ in FY11. The share can touch Rs.175 in the medium-term.
* Precision Wires may post an EPS of about Rs.28-30 in FY11. The share is going cheap and poised to touch Rs.160 shortly.
* An Ahmedabad based technical analyst forecasts a breakout in Niraj Cement Structurals, Roto Pumps, Sarda Plywood and Sarup Tanneries.
* In the grey market, the Rs.1 lakh form for the Power Grid Corporation FPO is quoting at Rs.2825-2925 while the Rs.2 lakh form for the MOIL IPO is quoting Rs.4875-4925.
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