Sunday 14 October 2007

What's In My Portfolio

 

  • Omaxe
  • Parsvnath Developers
  • Suprajit engineering Ltd.
  • Infosys
  • IDBI Bank 
  • Yes Bank
  • ICICI Bank
  • KLG Systel
  • Atlanta Limited
  • Acrow India   
  • UTV Software
  • Network 18 Fincap Ltd.
  • Banswara Syntex
  • L & T

Monthly Call



Currently, it's too risky to make a fresh buy for a short-term call.
Avoid all fresh buys at this level if you are not planning to hold it for long. Sell selected stocks at peak.


 
 

Six Month Call

 
Suprajit Engineering Ltd.

CMP: 122
Target 1: 190
Target 2: 211


Current Quote of Suprajit Engineering Ltd.
  
Incorporated as a Private Limited Company in 1985, Suprajit started manufacturing high quality liner cables to exacting Japanese standards for the automotive industry in 1987.

Today catering to a wide spectrum of automotive and non-automotive cable requirements Suprajit has achieved a phenomenal growth, making it India's largest manufacturer of automotive cables with a capacity of over 50 million cables a year.

From an initial turnover of Rs.0.3 million in the year 1987, Suprajit is now achieved a turnover of Rs.1.00 Billion.

Its compounded annual growth of over 35 % is higher then the industry average. And it also has one of the largest manufacturing capacities for any one company in a specific country in the world

 

Target-A-Year

Sterlite Optical Technologies Ltd.

 

 
CMP: 233
Target 1: 380
Target 2: 430


Current Quote of Sterlite Optical Technologies ltd.

 

Sterlite is a leading global provider of Optical Fibers, Telecommunication Cables and Power Transmission Conductors. The Company is India's only integrated Optical Fiber manufacturer and is among the select few globally.

Sterlite is a Public Limited Company, listed on the Bombay Stock Exchange and National Stock Exchange in India.

Deloitte has nominated Sterlite as the 6th Fastest Growing Technology Company in India and 73rd Fastest Growing Technology Company in Asia-Pacific in 2006. The Company was also among the winners of the 'Deloitte Technology Fast 50 India & Fast 500 Asia Pacific awards for 2005.

Sterlite's experience with the varying requirements of customers in global markets has ensured continuous improvement and customer orientation of the company. Sterlite's customer list includes some of the most prominent companies in the Telecom and Energy world.

In India, Sterlite is a significant market leader. The Company currently sells its telecom and power products in over 60 countries and currently supplies 4% of the global demand for Optical Fibers.

All Sterlite's telecom products comply with ITU-T recommendations and BS EN 188000, EIA/TIA & CEI-IEC 60793 Test Standards. All Sterlite's power transmission products comply with IS, IEC, BS, ASTM, NFC, Din, AS, JIS & CSA International Specifications.


Next IPO


Public Issues (IPO) Dt.: 11-10-2007

Company Name

Open Date

Close

Date

Offer Price

Issue

Size

Rating

Recomm .

Rathi Bars

(Fixed Price)

18-10-07

23-10-07

35.00

71,42,857 Shares

(Rs. 25 Cr.)

--

--

SVPCL

(Book Building)

--

25-10-07

40 to 45

--

--

Religare

(Book Building)

29-10-07

170 to 190

--

--

Mudra Port & Sez

(Book Building)

31-10-07

6-11-07

--

--

(Rs. 2000 Cr.)

--

--

 

IPO SUBSCRIBED

Maytas Infra

Saamya Biotech

QIB

99.40

--

HNI

35.84

12.00

Retail

15.41

32.00

Average

67.86

21.00

IPO Allotment Declared

Koutons Retail: 17 Shares against application of Rs. 1,00,000

Consolidated Construction: 16 Shares against application of Rs. 1,00,000

New Listing Expected

(1) Koutons Retail 12 th October (Friday)

(2) CCCL 15th October (Monday)

Dhanush Techno

Latest Position of subscription

Category

Previous

Position

After withdrawal

Position

QIB

36.17

13.96

HNI

26.73

24.06

Retail

18.63

14.77

Average

28.47

14.77

Offer price fixed at Rs. 295.00

Allotment around 8 thOctober,

Refund Date: 9th October

Listing expected: 15 / 16 October

 
 
 

Grey Market Premium

 
 

Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Reliance Power

--

39 to 40

1,00,000 Kostak

Rs. 4000

Dhanush Tech.

295

70 to 75

Koutons Retail

415

75 to 80

Consolidated Construction

510

200 to 205

Supreme Infra

108

60 to 65

Saamya Biotech (I) Ltd.

10

6 to 8

MAYTAS Infra

320 to 370

135 to 140

Circuit Systems ( India ) Ltd.

35

3 to 3.5

 

  Learn the basics: http://knowmarket.blogspot.com/

Recent Happenings

  • Sensex rules 18000-mark in a fashionable show.

  • Infosys declares quarterly numbers, disappoints.

  • Exports rise by 18.91% in Aug'07 despite Rupee-appreciation.

  • SEBI bars dealers suspected of front-running in Ballarpur stock.

  • Crude oil basket for Indian refiners hit all-time high of $78.46.

  • Advance-Tax payment up 17% for ONGC, up 22% for SBI.

  • Rupee hits a fresh 9-year high against Dollar.

  • Bihar shows highest growth in corporate tax collections.

  • Securities Transaction Tax (STT) collection up by 45% in the first 6 months.

 
 

What is CRR?

 
 
In short, Indian banks are required to hold a certain proportion of their deposits as cash. In reality they don't hold these as cash with themselves, but with Reserve Bank of India (RBI), which is as good as holding cash. This ratio (what part of the total deposits is to be held as cash) is stipulated by the RBI and is known as the CRR, the cash reserve ratio. When a bank's deposits increase by Rs100, and if the cash reserve ratio is 10, banks will hold Rs10 with the RBI and lend Rs 90. The higher this ratio, the lower is the amount that banks can lend out. This makes the CRR an instrument in the hands of a central bank through which it can control the amount by which banks lend.
 
So a hike in CRR is a way that RBI uses to reduce the liquidity without increasing actual interest rates.
 
Lean more basics at: http://knowmarket.blogspot.com