Indian Stock Pick – Marico Limited, Buy at Rs 61
Submitted by Abhishek Jain on Sat, 04/11/2009 - 20:17.
Marico (MARICO), incorporated on Oct. 13, 1988, is among the leaders in the fast moving consumer goods (FMCG) and services sector. Earlier known as Marico Foods, it got its present name with effect from Oct. 31, 1989. Marico holds a leadership position in the Indian FMCG space. Marico's Products and Services in Hair care, Skin Care and Healthy Foods reach out to more than 20 countries in the Middle East, Asian sub-continent, Australia and USA. Marico is a branded player in Beauty and Wellness solutions.
Long Term Buy Call – Nestle India Limited at current levels
Submitted by Abhishek Jain on Sat, 04/11/2009 - 20:24.
Incorporated in 1959 as Food Specialties, Nestle India Limited was promoted by Nestle Alimentana, Switzerland. Its first unit at Moga (Punjab) started in 1962 for manufacturing milk products, infant milk food and weaning cereals, culinary products and beverages. The second factory at Choladi, Tamilnadu to produce beverages (tea) was set up in 1967. To part finance this project company went public in the year 1968. The third plant at Nanjangud, Karnataka, set up in 1989, manufactures instant coffee and health beverages. Company entered the chocolate business introducing Nestle Premium chocolate in 1990.
Medium Term Buy Call – ITC Limited at 186
Submitted by Abhishek Jain on Sat, 04/11/2009 - 20:29.
Company is the largest manufacturer of cigarettes in India. It is a member of BAT Group of UK. ITC is rated among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes magazine, among India's Most Respected Companies by BusinessWorld and among India's Most Valuable Companies by Business Today. ITC ranks among India's "10 Most Valuable (Company) Brands", in a study conducted by Brand Finance and published by the Economic Times. ITC also ranks among Asia's 50 best performing companies compiled by Business Week.
Products & services-
Mahindra & Mahindra Buy Call: StocksIdea.com
Submitted by Abhishek Jain on Mon, 04/27/2009 - 17:29.
The US $6.7 billion Mahindra Group is among the top 10 industrial houses in India. Mahindra is the market leader in multi-utility vehicles in India. It made a milestone entry into the passenger car segment with the Logan. Mahindra & Mahindra is the only Indian company among the top tractor brands in the world. The Group has a leading presence in key sectors of the Indian economy, including the financial services, trade, retail and logistics, automotive components, after-market, information technology and infrastructure development.
Voltas Ltd Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shalini Kakkad on Sat, 05/09/2009 - 15:35.
Voltas, A Tata Group Company, is India's premier air conditioning and engineering services provider. It provides engineering solutions for a wide spectrum of industries in areas such as heating, ventilation and air conditioning, refrigeration, climate control, electro-mechanical projects, textile machinery, machine tools, mining and construction, materials handling, water management, building management systems, pollution control and chemicals.
Sensex Has Strong Resistance At 12317-12546: Abhishek Jain, StocksIdea.com
Submitted by Shalini Kakkad on Sat, 05/09/2009 - 16:33.
Going against its overseas peers, the Indian stock markets closed the week on a negative note on Friday after profit booking emerged prior to the election results.
Traders disregarded other worldwide markets that were trading positively after the US banking institutions stress test emerged without major disclosures.
The stock indices belled the day on a flat note mirroring the worldwide markets and remained range bound.
Strong recovery in Asian stocks and positive European markets later was neglected as investors decided to book profits in an over-bought market.
Short Term Buy Call For Bharti Airtel : Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Sat, 05/09/2009 - 17:00.
Technical analyst Abhishek Jain of Stocksidea. com has suggested investors to buy Bharti Airtel stock for a short-term period of 1-2 weeks.
Mr. Jain expects the stock to hit a target of Rs 865.
The company is presently trading around Rs 765-773 level.
According to Mr. Jain, the stock may face some resistance around Rs 851 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 702.
The shares of the company (May 08), closed at Rs 767.40 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 898.65 and a low of Rs
Short Term Buy Call For ‘HDFC Bank’: Abhishek Jain, StocksIdea.com
Submitted by Divesh Sharma on Sat, 05/09/2009 - 17:30.
In its latest research report, Abhishek Jain, stocksidea. com, said that HDFC Bank, which presently stuck in a band of 1141-1150, can give good returns in the short term.
The report further stated that, if the counter is successful to breach 1259, then it will create a huge breakout.
Abhishek Jain has advised investors to hold the stock to achieve a target price of Rs 1275.
Furthermore, the firm has suggested a support level for the scrip at Rs 1024.
Buy Samtex Fashions: Abhishek Jain, StocksIdea.com
Submitted by Divesh Sharma on Sat, 05/09/2009 - 17:54.
Stock analyst Abhishek Jain of Stocksidea. com has maintained 'Buy' rating on Samtex Fashions Ltd stock to achieve a short-term target of Rs 25.
According to them, interested investors can buy the stock around Rs 12-14 with a stop loss at Rs 9.
Shares of the company, on Friday (May 08), closed at Rs 13.04, up 4.99%, on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1,400.
The share price has seen a 52-week high of Rs 19.14 and a low of Rs 5.20 on BSE.
Don't miss the opportunity to reap good returns as the stock has been performing well.
Buy Sudal Industries For Target Of Rs 14.40: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Sat, 05/09/2009 - 18:57.
Stock analyst Abhishek Jain of Stocksidea. com has maintained 'Buy' rating on Sudal Industries Ltd stock to achieve a target that lies between Rs 12.10 to Rs14.40.
According to him, interested traders can buy the stock at current market price of Rs 10.15 with a stop loss at Rs 10.
Shares of the company, on Friday (May 08), closed at Rs 10.15, up 9.3%, on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 151.
Current EPS and P/E of the stock stood at 11.43 & 0.89 respectively. The share price has seen a 52-week high of Rs 27.25 and a low of Rs 7.68 on BSE.
Buy Parsharti Investment Ltd: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Sat, 05/09/2009 - 19:00.
Stock analyst Abhishek Jain of Stocksidea. com has maintained 'Buy' rating on Parsharti Investment Ltd stock to achieve a target that lies between Rs 7.50 to Rs 9.25.
According to him, interested traders can buy the stock at current market price of Rs 5.35 with a stop loss at Rs 5.
Shares of the company, on Friday (May 08), closed at Rs 10.15, up 9.3%, on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 8.29 and a low of Rs 2.95 on BSE.
Alok Industries Medium Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Divesh Sharma on Tue, 05/12/2009 - 14:35.
Alok Industries began its work as fabric traders and suppliers to the garment industry in 1986 as a private limited company. Beginning with texturising of yarn, the company steadily expanded into weaving, knitting, processing, home textiles and readymade garments. It also controls an extensive embroidery operation through its sister concern, Grabal Alok Impex Ltd. Today, Alok is amongst the A Group listed companies of India's leading stock exchanges.
Havell’s India Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Divesh Sharma on Wed, 05/13/2009 - 17:31.
Havell's is helping to boost safety in workplaces from the factory to the offices, domestic buildings to commercial plazas, with the help of state of the art equipments and manufacturing facilities. Powerful trends are shaping up industry for the 21st century. Because of rapid spread of advanced technologies complexity of work is increasing - almost daily.
Neyveli Lignite Corporation Medium Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Divesh Sharma on Fri, 05/15/2009 - 15:27.
Neyveli Lignite Corp. (NLC), established in November 1956, is the largest industrial complex with mining, power, fertiliser and briquetting (the process of converting raw lignite into solid fuel) and carbonizing plants all at one place. Production of lignite commenced from 1961. NLC has the only lignite based thermal power station in Asia, and is the first pithead thermal power station in the country. Government of India provided Miniratna status to Neyveli Lignite Corporation Limited. The Mini Ratna Status enables an Enterprise to exercise enhanced autonomy and higher delegation of powers.
Balrampur Chini Medium Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Divesh Sharma on Sat, 05/16/2009 - 23:05.
Balrampur Chini Mills Limited is a leading producer of sugar, molasses, and industrial alcohol in India. The factories of the company are located at Balrampur, Bhabnan, Tulsipur and Haidergarh both in Uttar Pradesh. The company is making growth through acquisition and expansion of sugar capacities. It is one of India's premier sugar companies keeping its position ahead through sustained expansion of its sugar manufacturing operations - an area where it hold competence - at global efficiencies of cost & quality standards of customer service.
Products & Services-
Bajaj Hindustan Medium Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Divesh Sharma on Thu, 05/21/2009 - 00:03.
Bajaj Hindusthan Limited, is a Bajaj Group company engaged in the manufacture of sugar and molasses for production of industrial alcohol. Bajaj Hindusthan Ltd. (BHL), a part of the 'Bajaj Group', is India's Number One sugar and ethanol manufacturing company, headquartered at Mumbai (Maharashtra), India. The Company has ten sugar plants, which are all located in the northern Indian state of Uttar Pradesh (UP).
Products & Services—
Short Term Buy Call For RCom: Abhishek Jain, StocksIdea.com
Submitted by Sukant Sharma on Sat, 05/23/2009 - 17:39.
Technical analyst Abhishek Jain of Stocksidea. com has suggested investors to buy Reliance Communications stock for a short-term period of 1-2 weeks.
Mr. Jain expects the stock to hit a target of Rs 355.
The company is presently trading around Rs 312-316 level.
According to Mr. Jain, the stock may face some resistance around Rs 342 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 260.
The stock is looking technically strong and the indicators are showing good up move for next few days.
Short Term Buy Call For ‘ONGC’: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Sat, 05/23/2009 - 18:21.In its latest research report, Abhishek Jain, stocksidea. com, said that ONGC, which presently stuck in a band of 1040-1047, can give good returns in the short term.
The report further stated that, if the counter is successful to breach 1146, then it will create a huge breakout.
Abhishek Jain has advised investors to hold the stock to achieve a target price of Rs 1170.
Furthermore, Jain has suggested a support level for the scrip at Rs 921.
Sensex Has Strong Resistance At 14137: Abhishek Jain, StocksIdea.com
Submitted by Shalini Kakkad on Sat, 05/23/2009 - 18:50.
Indian stock markets closed trade in the positive terrain on Friday, with a key index surging 150 points, as against its last closure.
The 30-share index Sensex of the Bombay Stock Exchange (BSE), which belled the day at 13,663.54 points, closed at 13,887.15 points, up 150.61 points (1.1%) above Thursday's close.
The S&P CNX Nifty of the National Stock Exchange (NSE) also closed in green at 4,233.15 after gaining 0.53 per cent.
Broader market indices also closed higher, with the BSE midcap index ending trade 1.75 per cent up, and the BSE smallcap index gaining 3.19 per cent.
Oudh Sugar Limited Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Keshav Seth on Mon, 05/25/2009 - 14:10.
The Company belongs to the K.K. Birla Group. Oudh Sugar was set up in 1932 at Mumbai and initially a sugar mill was set up at Hargaon, Dist. Sitapur (U.P.). In the year 1976, Oudh Sugar purchased a sugar factory at Rosa in UP from Carew & Company Ltd having a crushing capacity of 1,000 tones per day. In 1980, its unit was transferred to a new company Akola Oil Industries Ltd as on 1st, July. After the family split following the death of Ghanshyam Das Birla, the K K Birla group was carved out in 1983.
Shipping Corporation of India Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Keshav Seth on Wed, 05/27/2009 - 17:21.The Shipping Corporation of India was established in 1961 by the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation. Starting out as a marginal Liner shipping company with just 19 vessels, the SCI today has metamorphosed into a giant conglomerate of the shipping trade. SCI today has a significant presence on the global maritime map and is undoubtedly the Country's premier shipping line.
Great Eastern Shipping Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Keshav Seth on Fri, 05/29/2009 - 22:00.
Great Eastern Shipping Company Ltd is a leading shipping and offshore service provider with operations in India and across the world. With more than 50 years of experience, a large and diversified fleet and strong financials, company aims to capitalize on the opportunities in marine logistics in the energy sector. Company is India's largest private sector shipping and offshore oil field services provider with Experience and expertise spanning 5 decades.
Bank of Maharshtra Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Harish Dhawan on Thu, 06/04/2009 - 18:52.
Bank of Maharashtra Known as a common man's bank since inception, its initial help to small units has given birth to many of today's industrial houses. After nationalization in 1969, the bank expanded rapidly. It now has more than 1276 branches all over India. The Bank has the largest network of branches by any Public sector bank in the state of Maharashtra.
HDFC Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Harish Dhawan on Sat, 06/06/2009 - 12:29.
HDFC was incorporated in 1977 with the primary objective of meeting a social need - that of promoting home ownership by providing long-term finance to households for their housing needs. HDFC was promoted with an initial share capital of Rs. 100 million. The primary objective of HDFC is to enhance residential housing stock in the country through the provision of housing finance in a systematic and professional manner, and to promote home ownership.
Kirloskar Brothers Ltd Medium Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Divesh Sharma on Tue, 06/09/2009 - 04:05.Kirloskar Brothers Limited (KBL), incorporated in 1920 is the acknowledged leader in fluid handling and largest manufacturer and exporter of pumps in India. In 1926 company made the first Indian diesel engine and first centrifugal pump. Company belongs to Kirloskar group of 60 Crores US Dollars engineering conglomerate driving critical industries.
Era Infra Engineering Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Rajvir Khanna on Tue, 06/09/2009 - 04:12.
Company was originally incorporated as Private Limited Company on 3rd September 1990, with the object to carry on the Construction business. Subsequently by a Special Resolution passed by the Shareholders in the Extra Ordinary General Meeting held on 5th September 1992, the Company was converted into a Public Limited Company with effect from 19th October 1992.
Buy ICICI Bank For Short Term: Abhishek Jain, Stocksidea.com
Submitted by Shilpa Mahapatre on Sat, 06/13/2009 - 13:37.
Technical analyst Abhishek Jain of Stocksidea.com has suggested investors to buy ICICI bank stock for a short-term period of 1-2 weeks.
Mr. Jain expects the stock to hit a target of Rs 895.
The company is presently trading around Rs 740-752 level.
According to Mr. Jain, the stock may face some resistance around Rs 857 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 703.
Short Term Buy Call For ‘Reliance Industries’: Abhishek Jain, StocksIdea.com
Submitted by Divesh Sharma on Sat, 06/13/2009 - 14:07.
In its latest research report, Abhishek Jain, stocksidea.com, said that Reliance Industries Limited (RIL), which presently stuck in a band of 2340-2353, can give good returns in the short term.
The report further stated that, if the counter is successful to breach 2476, then it will create a huge breakout.
Abhishek Jain has advised investors to hold the stock to achieve a target price above Rs 2488.
Furthermore, the firm has suggested a support level for the scrip at Rs 2201.
Buy Keltech Energies: Abhishek Jain, StocksIdea.com
Submitted by Divesh Sharma on Sat, 06/13/2009 - 14:46.
Stock analyst Abhishek Jain of Stocksidea.com has maintained ‘Buy’ rating on Keltech Energies Ltd stock to achieve a short-term target of Rs 145.
According to Mr. Jain, interested investors can buy the stock around Rs 110 with a stop loss at Rs 98.
Shares of the company, on Friday (June 12), closed at Rs 114.80, up 4.98%, on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 167.
The share price has hit a new 52-week high of Rs 114.80 on June 12 on BSE. So don’t miss the opportunity to reap good returns as the stock has been performing well.
Sensex Has Resistance At 15467-15739: Abhishek Jain, StocksIdea.com
Submitted by Shalini Kakkad on Sat, 06/13/2009 - 17:25.
The Sensex ended the week sharply lower led by realty, auto, consumer durables and capital goods stocks, while metal stocks surged.
It opened on a flat note on Friday on the back of optimistic global signs and traded positively owing to buying action witnessed across frontline stocks.
But, in the afternoon trading, the stock index declined into the negative terrain because of profit booking in select pivotal stocks. Later it extended its losses after the declaration of April IIP numbers.
Even starting of European markets added fuel to the overall reaction.
Atlas Cycles Medium Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Rajvir Khanna on Wed, 06/17/2009 - 20:22.
Atlas Cycle (Haryana) Ltd. is India's second-largest cycle manufacturer. It is also one of the largest exporters of bicycles. It has units at Sonepat, Sahibabad, Rasoi and Gurgaon, all in Haryana. Atlas Cycles Industries Ltd was incorporated in 1950, the company started making bicycle saddles in 1951, and the first bicycle was produced in 1952. The name of the company was changed to Atlas Cycles (Haryana) Ltd in March 2001. Atlas introduced the first racing bicycle and the first geared bicycle in the country. Atlas is today ranked amongst the largest bicycle manufacturers in the world. It is the second largest manufacturer of bicycles in the country after Hero Cycles Ltd.
Honeywell Automation Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Keshav Seth on Sat, 06/20/2009 - 15:07.
Honeywell Automation India Ltd was promoted as a joint venture between Tata Industries Ltd and Honeywell Inc, US, to manufacture process control and management systems in India. Incorporated in 1984 under the name Tata Process Controls Pvt Ltd, the company’s name was changed to the Tata Honeywell Ltd in 1987. It went public in 1989 and commercial production commenced. The main business is to manufacture and distribute state-of-the-art process control systems, in which company has a 260 systems par year capacity.
Hindustan Construction Company Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Keshav Seth on Sat, 06/20/2009 - 15:15.HCC is one of the largest private sector construction companies in India and the foremost in infrastructure building. Businessman and nationalist, Seth Walchand Hirachand, founded the company. With a vision for a modern and prosperous India, Seth Walchand entered into the core sector of industry and on 27th January 1926 Hindustan Construction Company Ltd.,(HCC) was born. Company started initially with tunneling works has today grown to a Company with a dedicated, experienced and expert team of people achieving remarkable feats in the field of civil engineering construction.
Sundram Fasteners Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Keshav Seth on Tue, 06/23/2009 - 13:38.
Sundram Fasteners Limited is one of the leading manufacturers of auto components with a turnover of over Rs.1250 crores. The Company manufactures high tensile fasteners, automotive components, automotive and other miscellaneous cold formed/extruded parts, powder metal parts, precision formed gears, iron powders, radiator caps, gear shifters & tyre carriers.
Everest Industries Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Keshav Seth on Wed, 06/24/2009 - 14:23.
The Tatas and the Eternit Group of Belgium set up the pioneer of asbestos fibre products in India, Eternit Everest Ltd . The company is a pioneer in the manufacture of fibre cement roofing products and flat sheets. Eternit enjoys a market share of over 20%. Everest Industries Limited provides you with the world-class building solutions to meet your construction requirements, in the Industrial, Commercial and Residential sectors.
Biocon Limited Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Keshav Seth on Thu, 06/25/2009 - 18:29.Biocon is an integrated biotechnology enterprise focused on the development of biopharma-ceuticals. With successful initiatives in drug discovery and development, bioprocessing and global marketing, it deliver products and solutions to partners and customers in over 50 countries. Biocon offers every solution to companies worldwide is defined by a "value differential" that is provided by outstanding scientific knowledge pool, proprietary technologies and world-class facilities.
Dabur India Ltd. Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Wed, 07/01/2009 - 15:47.
Established in 1884, Dabur India Ltd is the largest Indian FMCG and ayurvedic products company. The group comprises Dabur Finance, Dabur Nepal Pvt Ltd, Dabur Egypt Ltd, Dabur Overseas Ltd and Dabur International Ltd. Products groups include health care, food products, natural gums & allied chemicals, pharma, and veterinary products. The leading brands are Dabur Amla, Dabur Chyawanaprash, Vatika, Hajmola, Lal Dant Manjan, Pudin Hara and the Real range of fruit juices.
Madhucon Projects Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Keshav Seth on Thu, 07/02/2009 - 17:25.
Madhucon Projects Limited, Hyderabad, the flagship company of Madhucon Group was established in 1983. It was converted into a Private Limited Company in 1990 and became a Public Limited listed Company in 1995. We acquired a truly wide and solid base of experience in major areas of industrial and infrastructure construction- Highways, Irrigation, Property Development etc.
Jyoti Structures Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Keshav Seth on Fri, 07/03/2009 - 15:07.
Jyoti Structures Ltd was incorporated in 1943 and is promoted by Jyoti group. Company is a leader in providing turnkey solutions in the field of High Voltage Power Transmission Lines and Substations. With around 27 years of proven experience, it has earned accolades and recognition from a wide spectrum of customers around the world. Jyoti Structures Ltd. is one among very few companies worldwide, which possesses the capabilities to execute total turnkey jobs that involve setting up both transmission lines and substations.
Buy ICICI Bank For Short Term: Abhishek Jain, Stocksidea.com
Submitted by Neeta Aurora on Sat, 07/04/2009 - 17:19.
Technical analyst Abhishek Jain of Stocksidea.com has suggested investors to buy ICICI bank stock for short term.
Mr. Jain expects the stock to hit a target of Rs 880.
The bank is presently trading around Rs 740-750 level.
According to Mr. Jain, the stock may face some resistance around Rs 831 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 712.
Short Term Buy Call For ‘Reliance Industries’: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Sat, 07/04/2009 - 17:29.
In its latest research report, Abhishek Jain, stocksidea.com, said that Reliance Industries Limited (RIL), which presently stuck in a band of 2015-2030, can give good returns in the short term.
The report further stated that, if the counter is successful to breach 2135, then it will create a huge breakout.
Abhishek Jain has advised investors to hold the stock to achieve a target price above Rs 2185.
Furthermore, the firm has suggested a support level for the scrip at Rs 1929.
Buy Simmonds Marshall Ltd: Abhishek Jain, StocksIdea.com
Submitted by Hina Deshpande on Sat, 07/04/2009 - 17:43.
Stock analyst Abhishek Jain of Stocksidea.com has maintained ‘Buy’ rating on Simmonds Marshall Ltd stock to achieve a short-term target of Rs 75.
According to Mr. Jain, interested investors can buy the stock around Rs 35 with a stop loss at Rs 21.
Shares of the company, on Friday (July 3), closed at Rs 38, up Rs 1.80, on the Bombay Stock Exchange (BSE). The total volume of shares traded was 50 at the BSE. The share price has seen a 52-week high of Rs 69.65 and a low of Rs 20.55 on BSE. Current EPS and P/E of the stock stood at 2.75 & 13.82 respectively.
Sensex Has Resistance At 150887/15231: Abhishek Jain, StocksIdea.com
Submitted by Shalini Kakkad on Sat, 07/04/2009 - 18:32.
Indian stock markets ended the day on a positive note following the Railway Budget. The stock markets welcomed the initiatives in the Railway Budget including plans to improve infrastructure.
The stock index trimmed all its losses and climbed up into the positive amid volatility. Banking, capital goods and power stocks remained in limelight all-through the day.
Shree Cements Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Malini Ranade on Mon, 07/06/2009 - 11:29.
Incorporated in 1979, Calcutta based Shree Cements Limited (SCL) was promoted by the B.G.Bangur group. The company’s plant is located in Beawar, Rajasthan. Shree Cement continues to earn a major part on revenues through cement sales, while leasing & hire purchase account for a small amount. The company is considered one of the more power efficient units in the country with a power consumption of around 79 units per ton. The company has also pioneered the use of high-sulphur coal in the cement industry, which has reduced costs.
Zuari Industries Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Malini Ranade on Wed, 07/08/2009 - 18:57.
Zuari Industries Ltd. (ZIL), formerly Zuari Agro Chemicals Ltd., was incorporated in 1967. Promoted by K K Birla and US Steel Corporation to manufacture urea. In the year
Sesa Goa Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Malini Ranade on Wed, 07/08/2009 - 19:02.
Sesa Goa Ltd (SGL) established in 1954 exports approximately five million tons of iron
ore, fines and lumps to customers in Japan, China and Europe from ports on both the east and
west coasts of India. Later, company expanded operations by setting up a mini blast furnace and
extending its mining operations to Karnataka. Sesa Kembla Coke Company (SKCC), engaged in
manufacturing metallurgical coke, became a 100 per cent subsidiary of Sesa goa in FY98. During
BHEL Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Malini Ranade on Fri, 07/10/2009 - 12:52.
Bharat Heavy Electricals Limited (BHEL) is one of the largest engineering enterprises of its kind in India. BHEL is the largest domestic capital goods manufacturer in India and the 12th largest in the world. The international competitors of BHEL are General Electric, Siemens, Alsthom and ABB. BHEL offers a wide spectrum of equipment, systems and services in the field of power, transmission, industry, transportation, oil & gas, non-conventional energy sources and telecommunication. Power constitutes 52.5 per cent of its business.
Buy Bharti Airtel For Short Term: Abhishek Jain, Stocksidea.com
Submitted by Malini Ranade on Sat, 07/11/2009 - 17:14.
Technical analyst Abhishek Jain of Stocksidea.com has suggested investors to buy Bharti Airtel stock for short term.
Mr. Jain expects the stock to hit a target of Rs 960.
The bank is presently trading around Rs 775-800 level.
According to Mr. Jain, the stock may face some resistance around Rs 914 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 757.
Short Term Buy Call For ‘HDFC Bank’: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Sat, 07/11/2009 - 17:16.
In its latest research report, Abhishek Jain, stocksidea.com, said that HDFC Bank, which presently stuck in a band of 1375-1400, can give good returns in the short term.
The report further stated that, if the counter is successful to breach 1564, then it will create a huge breakout.
Abhishek Jain has advised investors to hold the stock to achieve a target price above Rs 1595.
Furthermore, the firm has suggested a support level for the scrip at Rs 1314.
Buy Simmonds Marshall Ltd: Abhishek Jain, StocksIdea.com
Submitted by Hina Deshpande on Sat, 07/11/2009 - 18:40.
Technical analyst Abhishek Jain of Stocksidea. com has suggested investors to buy Simmonds Marshall Ltd stock for short term.
Mr. Jain expects the stock to hit a target of Rs 95.
The stock may face some resistance around Rs 70 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 36.
Shares of the company, on Friday (July 10), closed at Rs 48.35, up Rs 2.30, on the Bombay Stock Exchange (BSE). The total volume of shares traded was 6,928 at the BSE.
Nifty Has Resistance At 4083 - 4131: Abhishek Jain, StocksIdea.com
Submitted by Shalini Kakkad on Sat, 07/11/2009 - 18:42.
After opening with a gain of 45.66 points, at 13,803.12 on Friday, the Sensex ended the day on a weak note led by oil & gas, power, capital goods and realty stocks.
However, IT stocks managed to trade in the positive terrain.
During the first half, the stocks witnessed a sea-saw trend, and the Sensex hit an intraday high of 13,897.19. Later, the index fell into the negative zone in the second half owing to heavy selling action pressure across index heavyweight and touched a low of 13,418.39 during the low.
Union Bank of India Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Mon, 07/13/2009 - 11:47.
Union Bank of India was registered on November 11, 1919 as a limited company with its registered office at 7, Marzban Road, Fort, Mumbai. Union bank shifted its registered office in 1921 to its own premises at Mumbai Samachar Marg, Fort, and Mumbai. In 1947, the ank had only 4 branches; 3 in Mumbai and 1 in Saurashtra, all concentrated in key trade centers because the then Board of the bank was closely associated with trade and commerce.
Madras Cements Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Malini Ranade on Tue, 07/14/2009 - 12:48.
Madras Cements, the part of the Ramco Group, is a major cement manufacturer in south India and fifth largest cement company in india. The company’s unit at Althiyur with a capacity of 15 lakh tonne per annum was commissioned up to clinkerisation stage in January 2001. The cement mill was commissioned in May 2001. The Alathiyur second unit is eligible for sales tax-based incentives. The company took over the assets of Karnataka Minerals & Manufacturing Co Ltd, a mini cement plant situated at Mathod, Hosadurga Taluk, Chitradurga District, Karnataka.
Cadila Healthcare Long Term Buy Call: Abhishek Jain, Stocksidea.com
Submitted by Neeta Aurora on Fri, 07/17/2009 - 12:22.
Cadila Healthcare Limited is one of the largest Indian companies in the domestic pharmaceutical market. The company is the flagship of the Zydus Cadila group. Its operations include pharmaceuticals, diagnostics, herbal products, skin care products and other over-the-counter products. Company came into being after the group restructuring in 1995 under which the operations of the group were consolidated. The company also has co-marketing agreement with number of Indian drug companies like E. Merck, Kopran, Nicholas Piramal and Ranbaxy.
Buy Bharti Airtel To Achieve Short-Term Target Of Rs 950: Abhishek Jain, Stocksidea.com
Submitted by Hina Deshpande on Sat, 07/18/2009 - 17:49.
In its latest research report, Abhishek Jain, stocksidea.com, said that Bharti Airtel, which has been consolidating between Rs 815-835 level, can give good returns in the short term.
The report further stated that, if the counter is successful to breach Rs 906 levels, then it will create a huge breakout.
Abhishek Jain has advised investors to hold the stock to achieve a target price above Rs 950.
Buy ‘HDFC Bank’ For Short Term: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Sat, 07/18/2009 - 17:57.
Technical analyst Abhishek Jain of Stocksidea.com has suggested investors to buy HDFC Bank for short term.
Mr. Jain expects the stock to hit a target of Rs 1600.
According to Mr. Jain, the stock may face some resistance around Rs 1545 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 1321.
Buy BNR Udyog: Abhishek Jain, StocksIdea.com
Submitted by Sukant Sharma on Sat, 07/18/2009 - 18:01.Technical analyst Abhishek Jain of Stocksidea.com has suggested investors to buy BNR Udyog stock for short term.
Mr. Jain expects the stock to hit a target of Rs 20.
The stock may face some resistance around Rs 14 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 7.
Shares of the company, on Friday (July 17), closed at Rs 9.24 on the Bombay Stock Exchange (BSE). The total volume of shares traded was 20 at the BSE.
Current EPS and P/E of the stock stood at 1.35 & 6.84 respectively. The share price has seen a 52-week high of Rs 10.49 and a low of Rs 5.80 on BSE.
Sensex Has Resistance At 14963 - 15182: Abhishek Jain, StocksIdea.com
Submitted by Shalini Kakkad on Sat, 07/18/2009 - 18:20.
The Sensex ended the day on a positive note led by automobile, banking, IT and real estate stocks.
With strong worldwide signals, continued interest witnessed in frontline stocks and more monsoon rains hiked up the overall market reaction.
The 30-share index Sensex belled the day after gaining 72.34 points at 14,325.58 on Friday on the back of good global cues. Secondline stocks also backed the sentiment.
BSE Midcap and Smallcap index gained 2.31% and 2.44% respectively.
BASF India Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Malini Ranade on Mon, 07/20/2009 - 14:44.
BASF’s association with India started way back in 1961, when it acquired shares of R. A. Cole Private Limited, which was engaged in the manufacture of Expanded Polystyrene from imported Styropor®. The name of this company was changed to Indoplast Limited in January 1963 and thereafter to BASF India Limited in September 1967. Today, the BASF Group in India employs more than 1400 people and has 7 production sites five in the Western region (Thane, Bhandup, Pune, Dahej & Dadra) and two in the Southern region of India (Mangalore, Bangalore).
Bharti Airtel Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Sat, 07/25/2009 - 13:26.
Bharti Airtel Limited (BAL) was incorporated on July 7, 1995 as a public limited company. It is India’s leading private sector provider of telecommunications. Company is promoted by Mr Sunil Bharti Mittal. Bharti Airtel (formerly Bharti Tele-Ventures), a part of Bharti Enterprises, works through three individual SBUs -mobile services, broadband and telephone services and enterprise services.
Buy SKSSL For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Shilpa Mahapatre on Wed, 07/29/2009 - 14:18.
SKSSL was incorporated in June 1984 as Sona Steering Systems Limited (SSSL) in technical collaboration with Koyo Seiko of Japan, the world’s third largest steering gear manufacturer, to make steering assemblies. It later added propeller shafts, rear axle assemblies, collar assemblies and metallic catalytic convertors to its product range. Steady and sustained growth, based on a clear vision has enabled The Sona Group to become a global organization.
Buy Monnet Ispat For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Neeta Aurora on Thu, 07/30/2009 - 14:22.
Monnet Ispat Limited, managed by the Monnet group was promoted by O P Jindal of the Jindal group of Companies, in 1990. The main business of the company is sponge iron, char and M S ignots, sugar, rice, power generation and Ferro Aloys. The company’s plants are located at Mandir, Hasaud, Raipur in Chhattisgarh. The company’s Sponge iron business however, continues to be buoyant on account of the falling imports and higher landed cost of scrap.
Buy Bank of India For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Shilpa Mahapatre on Fri, 07/31/2009 - 12:41.
The Bank of India (BOI) was incorporated in the year 1906. In the initial phase the operations of Bank of India were concentrated in western India. BOI, through branch expansion had acquired an all India profile by the mid-forties. It was one of the 14 banks that nationalized in the year 1969. Currently it is one of the largest public sector banks in terms of deposit base. BOI has more than 2640 branches well distributed across four regions of India with a nineteen overseas offices (second only to State Bank of India).
Buy Lloyd Electric & Engg For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Neeta Aurora on Sat, 08/01/2009 - 14:05.
The company was incorporated on 10th November 1987 by Fedders Lloyd as a private limited company and was converted into a public limited company on 18th April 1994. The
Buy ICICI Bank To Achieve Short-Term Target Of Rs 865: Abhishek Jain, Stocksidea.com
Submitted by Shilpa Mahapatre on Sat, 08/01/2009 - 17:24.
In its latest research report, Abhishek Jain, stocksidea.com, said that ICICI Bank, which has been consolidating between Rs 815-835 level, can give good returns in the short term.
The report further stated that, if the counter is successful to breach Rs 831 levels, then it will create a huge breakout.
Abhishek Jain has advised investors to hold the stock to achieve a target price above Rs 865.
Furthermore, the firm has suggested a support level for the scrip at Rs 743.
Buy ‘RCom’ For Short Term: Abhishek Jain, StocksIdea.com
Submitted by Hina Deshpande on Sat, 08/01/2009 - 17:34.
Technical analyst Abhishek Jain of Stocksidea.com has suggested investors to buy Reliance Communications Ltd for short term.
Mr. Jain expects the stock to hit a target of Rs 365.
According to Mr. Jain, the stock may face some resistance around Rs 342 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 244.
Buy Maars Software International: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Sat, 08/01/2009 - 17:47.
Technical analyst Abhishek Jain of Stocksidea.com has suggested investors to buy Maars Software International stock for short term.
Mr. Jain expects the stock to hit a target of Rs 10.
The stock may face some resistance around Rs 7 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 4.
Sensex Has Resistance At 15782 - 15961: Abhishek Jain, StocksIdea.com
Submitted by Shalini Kakkad on Sat, 08/01/2009 - 17:51.
The Sensex closed the week strongly on the back of increased capital inflows from foreign funds, strong business results and rising worldwide markets.
Buy Gujarat Alkalies and Chemicals For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Sukant Sharma on Sun, 08/02/2009 - 15:43.
Gujarat Alkalies and Chemicals Ltd was incorporated in March 1973. It was financed by Gujarat Industrial Investment Corporation Limited, a wholly owned corporation of the Government of Gujarat. The improvement in the working of the company strongly depends on the higher demand for chlor-alkali industry products and revival in both international and domestic caustic soda prices. The management of the company is optimistic that things will turn out in favour of the company.
Buy Phillips Carbon Black For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Sukant Sharma on Wed, 08/05/2009 - 15:47.
Incorporated in March 1960, Phillips Carbon Black Ltd is part of the RPG group. Not only is the company the largest domestic manufacturer of carbon black, it is also Asia’s largest exporter of Carbon Black. Phillips Carbon Black has come a long way since its inception in 1960. PCBL started production from December 1962 by the oil furnace technology; the most widely accepted manufacturing process of carbon black patented by its then collaborator and world carbon black leader, Phillips Petroleum Company, USA. The collaboration ended in 1978.
Buy Amtek Auto Ltd for Long Term : Abhishek Jain, Stocksidea.com
Submitted by Neeta Aurora on Thu, 08/06/2009 - 14:46.
Amtek Auto, the flagship company of the Amtek group, was incorporated in 1985. Amtek Auto Ltd has drawn its future growth strategy, through acquisition of existing units in the same line of business, since setting up a new unit involves huge expenditure and a long gestation period. As a step in this direction Amtek identified Indsil Auto Components Ltd (IACL) an unlisted company in the field of manufacturing of auto components and took a 90 per cent stake in the company in April 2002.
Buy Siemens Ltd For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Neeta Aurora on Sat, 08/08/2009 - 18:44.
Siemens Ltd is a subsidiary of Siemens AG Germany. Over the last few years, it has focused on restructuring its finances and business portfolio. In 1997, it hived off its loss-making consumer telecom division into a separate joint venture with Siemens AG called Siemens Public Communications Network. It has streamlined its operations in marketing, purchase and servicing and has attempted to control costs by reducing its debt burden. SL has implemented four voluntary retirement schemes in the past three years to slash its workforce by 2,000.
Buy Thermax Limited For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Sukant Sharma on Sat, 08/08/2009 - 18:51.
Company overview- Thermax Limited was incorporated in 1966 as Wanson India Pvt Ltd. in technical collaboration with Wanson, a Belgium company manufacturing coil type boilers. In the year 1975, Thermax started manufacture of water treatment plants. In 1976, it took over a small company manufacturing ion exchange resins, to compliment its water treatment activity. It forayed into air pollution control systems in 1979 and set up a heat recovery division in 1981.
Zenith Computers Limited Buy Call, Abhishek Jain, Stocksidea.com
Submitted by Sumeet Kak on Mon, 08/10/2009 - 03:49.
Zenith Computers Ltd (ZCL) is one of the largest manufacturers and sellers of a complete range of PCs, servers, mid-range systems, LANs, WANs and Unix products was Incorporated on 20th May 1980, at Mumbai. Rajkumar Saraf and his associates promoted the Company. In starting, Company's object was to manufacture computers and micro processors based systems and peripherals. Later, company introduced high performance MS-DOS machines under the name of PROFESSIONAL.
Buy Ruchi Soya Industries For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Neeta Aurora on Tue, 08/11/2009 - 17:53.
The Company incorporated on 6th January 1986 and was promoted by General Goods Pvt. Ltd. and Ruchi Pvt. Ltd, of the Shahra Group of Industries. It is an agribusiness company and manufactures Soya proteins, Specialty Soya products, Soya snack foods and Nutrela. New texturised soya protein plants are near Noida, U.P. and near Indore, M.P. The company also exports soya products.
Buy Tube Investment Of India For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Shilpa Mahapatre on Tue, 08/18/2009 - 12:46.
The Co. was incorporated in 1949; at Madras is the company of the Murugappa group. The company has a cycle division and a Tube Division functioning as separate units in the names of T. I. Cycle of India and Tube Products of India. The Co. also runs a cold Rolling mill and metal section. TI Mills Ltd., a wholly owned subsidiary of Tube Investment of India Ltd. merged with TIL with effect from 1st January 1984. Tube Investments of India was set up to manufacture bicycles in collaboration with Tube Investments Plc, UK.
Buy Refnol Resins & Chemicals For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Sumeet Kak on Wed, 08/19/2009 - 14:44.
Refnol Resins & Chemicals was established in 1980, Refnol Oil Refineries Pvt. Ltd., as it was then known, was established to re-refine waste lubricating oils. The Khatau Group of Bombay promoted it, with a business tradition going back over 100 years. The re-refining business was shut down in 1986 in which year Refnol started manufacture of a range of Textile Sizing Chemicals. The transformation of the company to its present from with five business divisions had begun.
Buy Refnol Resins & Chemicals For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Malini Ranade on Fri, 08/21/2009 - 12:34.
Refnol Resins & chemicals was established in 1980, Refnol Oil Refineries Pvt. Ltd., as it was then known, was established to re-refine waste lubricating oils. The Khatau Group of Bombay promoted it, with a business tradition going back over 100 years. The re-refining business was shut down in 1986 in which year Refnol started manufacture of a range of Textile Sizing Chemicals. The transformation of the company to its present from with five business divisions had begun.
Buy Rama Paper Mills Ltd For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Shilpa Mahapatre on Fri, 08/21/2009 - 12:40.
Rama Paper Mills Limited was incorporated as a Public Limited Company in the year 1985 to manufacture Newsprint, Duplex Board and Writing and Printing paper by recycling waste paper. Company commissioned its duplex manufacturing unit with an installed capacity of 3300 TPA in the year 1988. It then diversified into writing and printing / newsprint paper in 1992-93. The company is professionally managed by well-qualified, highly motivated and experienced personnel. It employs more than 500 people including skilled, semi skilled and unskilled workforce.
Buy Shri Lakshmi Cotsyn For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Shilpa Mahapatre on Sat, 08/22/2009 - 13:20.Incorporated in 1988, the Shri Lakshmi Cotsyn Ltd (SLCL), with two manufacturing facilities in Fathephur (Uttar Pradesh) and Sonepat (Haryana), has ambitious plans for its future expansion & developments. Shri lakshmi cotsyn is one of the few textiles mills in India having broad products range for the domestic as well as international business. Company is engaged to supply defence requirements with high quality standards. Company engaged for processing synthetic as well as cotton fabrics and other textile related items.
Buy KSB Pumps Ltd For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Sumeet Kak on Tue, 08/25/2009 - 14:55.
The company was incorporated in 1960. Lein, Schanzlin & Becker A. G., West Germany, Industrial & Prudential Investment Co. Ltd., Mumbai and Mr. F. K. Heller, an expatriate German national, promoted the Company. In 1977 project for the manufacture of nuclear power pumps was to be set up in the MIDC Industrial Area in Pimpri-Bosari. The Company took up a new project for the manufacture of 4" submersible pumps and valves at Coimbatore.
Buy IVRCL Infrastructures For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Shilpa Mahapatre on Wed, 08/26/2009 - 14:23.
IVRCL Infrastructures & Projects (IVRCLINFRA) operates in the infrastructure sectors of water and environment, transportation, buildings and industrial structures, and power. It was incorporated on Nov. 16, 1987 as a private limited company and got its current name on April 7, 1999. It went public in 1995. E. Sudhir Reddy is the chairman and managing director of the company. The subsidiaries of the company are IVR Prime Urban Developers, Hindustan Dorr- Oliver, Chennai Water Desalination, and IVRCL Road Toll Holdings.
Buy Infotech Enterprises Ltd For Long Term: Abhishek Jain, Stocksidea.com
Submitted by Malini Ranade on Thu, 08/27/2009 - 14:44.
Enterprises Ltd, promoted by B V R Mohan Reddy was incorporated as Infotech Enterprises Pvt Ltd in August 1991 for creating facilities for software development and its export. Commercial operations began in September 1992. Company went public in March 1997. Company's first project on creation of facilities for Computer Aided Design and Drafting and Geographical Information Systems (GIS) was successfully completed in September 1992, with aid from IDBI under its Venture Capital Scheme.
Buy ‘SBI’ For Short Term: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Sat, 08/29/2009 - 17:04.
Technical analyst Abhishek Jain of Stocksidea. com has suggested investors to buy State Bank of India for short term.
Mr. Jain expects the stock to hit a target of Rs 1965.
According to Mr. Jain, the stock may face some resistance around Rs 1915 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 1657.
Buy Infosys Consultants Private Ltd: Abhishek Jain, Stocksidea.com
Submitted by Shilpa Mahapatre on Sat, 08/29/2009 - 17:08.
Company was incorporated as Infosys Consultants Private Limited at Mumbai on July 2nd 1981. INFOSYS was promoted by software professionals, Viz Mr. S. Gopalakrishnan, Mr. K. Dinesh, Nandan M Nilekani, Mr. S. D. Shibulal, Mr. N. R. Narayana Murthy & Mr. N S Raghavan. On April 21st 1992, the name changed to Infosys Technologies Private Limited, and the registered office was moved to Bangalore. On June 2nd the company was converted into a Public Limited Company under the name Infosys Technologies Ltd. Headquartered in Bangalore, Infosys has seventeen offshore development facilities located throughout India and one global development centre in Canada.
Buy ONGC To Achieve Short-Term Target Of Rs 950: Abhishek Jain, Stocksidea.com
Submitted by Hina Deshpande on Sat, 08/29/2009 - 17:18.In its latest research report, Abhishek Jain, stocksidea. com, said that ONGC, which has been consolidating between Rs 1169-1180 level, can give good returns in the short term.
The report further stated that, if the counter is successful to breach Rs 1259 levels, then it will create a huge breakout.
Abhishek Jain has advised investors to hold the stock to achieve a target price above Rs 1270.
Furthermore, the firm has suggested a support level for the scrip at Rs 1073.
Buy Ram Kaashyap Investments Ltd: Abhishek Jain, StocksIdea.com
Submitted by Sukant Sharma on Sat, 08/29/2009 - 17:21.
Technical analyst Abhishek Jain of Stocksidea. com has suggested investors to buy Ram Kaashyap Investments stock for short term.
Mr. Jain expects the stock to hit a target of Rs 25.
The stock may face some resistance around Rs 19 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 9.
Shares of the company, on Friday (Aug 28), closed at Rs 16.63 on the Bombay Stock Exchange (BSE). The total volume of shares traded was 204,800 at the BSE.
Sensex Has Resistance At 16287-16594: Abhishek Jain, StocksIdea.com
Submitted by Shalini Kakkad on Sat, 08/29/2009 - 18:29.
The Sensex ended the day positively led by continued buying witnessed in real estate stocks followed by banking, oil & gas and auto stocks.
The 30-share index Sensex belled the day after losing 10.88 points at 15,770.19 on Friday owing to mixed global signals. Later, it turned positive, and traded in a lackustre manner amid volatility during noon. But the stock index gained momentum on continued buying action seen in frontliners as it was approaching 16,000 mark. At last, the index ended the day on strong note, touching a high of Rs 15,957.67.
BSE Midcap and Smallcap index gained 0.71% and 1.79% respectively.
Indraprastha Gas Long Term Buy Call - Abhishek Jain, StocksIdea.com
Submitted by Bhuvan Kala on Mon, 08/31/2009 - 12:04.
Incorporated in 1998, a joint venture between Gail & BPCL. Government of national capital territory of Delhi is also a shareholder. Company started its operation with 9 CNG stations & 1000 PNG consumers and Crossed 156 stations as of now. Company Completed 12" steel pipeline laying project in December 2002. Company is sole distributor of CNG in NCTD to the automotive sector & also distributes piped natural gas (PNG) to the commercial & the domestic sector in NCTD. Supreme Court order to public transport vehicles to compulsory shift to clean CNG in NCTD has helped company to grow its sales aggressively.
Grasim Industries Ltd Long Term Buy Call - Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Wed, 09/02/2009 - 13:54.
Grasim Industries Limited is among India's ten largest companies in the private sector. Grasim Industries Ltd, the Aditya Birla group, company (AV Birla group), was set up in 1947. The group is well diversified with major interests in viscose staple fiber (VSF), cement. Other businesses of the group include textiles and sponge iron. In textiles segment, Grasim has tied up with Scabal to market the latter's premium range of suiting materials.
ESAB India Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Sat, 09/05/2009 - 17:34.
ESAB India Limited a part of the international ESAB group (have operations in USA, Brazil, India etc.) started its operations in 1987 by acquiring the welding business of Peico Electronics & Electricals Limited. The Company continued its expansion in the Indian market with the purchase of Indian Oxygen Limited's welding business in 1991 and Flotech Welding & Cutting Systems Limited in 1992, followed by the merger of Maharashtra Weldaids Limited in 1994. ESAB India Limited is owned 37% by the ESAB Group. The company is listed on the stock exchanges of Mumbai, Kolkata and the National Stock Exchange. Mr. Michael Foster is the Chairman of the Company.
Buy Idea Cellular To Achieve Short-Term Target Of Rs 105: Abhishek Jain, Stocksidea.com
Submitted by Hina Deshpande on Sat, 09/05/2009 - 19:13.
In its latest research report, Abhishek Jain, stocksidea. com, said that Idea Cellular, which has been consolidating between Rs 75-85 level, can give good returns in the short term.
The report further stated that, if the counter is successful to breach Rs 92 levels, then it will create a huge breakout.
Abhishek Jain has advised investors to hold the stock to achieve a target price above Rs 105.
Furthermore, the firm has suggested a support level for the scrip at Rs 67.
Buy ICICI Bank For Short Term: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Sat, 09/05/2009 - 19:15.
Technical analyst Abhishek Jain of Stocksidea. com has suggested investors to buy ICICI Bank for short term.
Mr. Jain expects the stock to hit a target of Rs 800.
According to Mr. Jain, the stock may face some resistance around Rs 783 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 704.
Shares of the bank, on Friday (Sep 04), closed at Rs 744.05, up Rs 8.05, on the Bombay Stock Exchange (BSE). The total volume of shares traded was 974,476 at the BSE. The stock hit an intraday high of Rs 753 and a low of Rs 731.40 on BSE.
Buy Dalal Street Investments Ltd: Abhishek Jain, StocksIdea.com
Submitted by Sukant Sharma on Sat, 09/05/2009 - 19:17.This article has been unpublished due to error in the reporting.
TopNews team apologizes for the mistake
Nifty Has Support At 4647-4584: Abhishek Jain, StocksIdea.com
Submitted by Shalini Kakkad on Sat, 09/05/2009 - 19:18.
The Sensex ended the day positively led by continued buying witnessed in real estate stocks followed by banking, oil & gas and auto stocks.
After snapping four-day losing streak, the 30-share index Sensex closed the weak on a positive note. The Sensex recorded gains on the back of buying action witnessed across auto, metal, capital goods and oil & gas stocks. Broader markets also performed well.
The stock index gained momentum on continued buying activity seen in front line stocks as it was approaching 16,000 mark.
BSE Midcap and Smallcap index gained 1.08% and 1.07% respectively.
Sterlite Technologies Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Bhuvan Kala on Tue, 09/08/2009 - 13:38.
Sterlite Technologies is the Optical Fiber and Telecom Cable manufacturing entity of the Sterlite Group that has interests in Copper, Aluminum, Mining and Telecom across four continents: from North America to Australia. Company came into presence by the de-merger of the telecom division of Sterlite Industries India Limited on 1st July 2000. Company created to enable a sharper focus on optical business separately. Company is the biggest player in the Indian telecom cable industry and has a dominant position in the JFTC (Jelly filled telecom cables), OF (optic fibre) and OFC (optical fibre cables) markets.
Subex Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Sukant Sharma on Sat, 09/12/2009 - 14:50.
Subex systems a Bangalore based software company was incorporated as a private limited company on Dec'94. Company commenced operations after the takeover of a partnership firm engaged in the manufacturing of telecom equipment and accessories. Company has significant portion of the revenues from telecom testing and measurement equipments and cellular infrastructure solutions. During 1999 company made a foray into telecom software services and products major growth driver, which was a major growth driver for the company.
KPIT Infosystems Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Sun, 09/13/2009 - 18:14.
KPIT Infosystems Ltd. was promoted by Kirtane & Pandit, an accountancy firm to add Information Technology to its suite of services. The group is one of the front-line Indian groups in the area of Information Technology, Business Consulting and Management. The company has its headquarters at Pune, and has two other India offices in Bangalore and Mumbai to house its various functions. The company was incorporated in 1989 and came out with its premium public offering (IPO) in February 1999 at Rs 90 per share, aggregating Rs 11.61 crore.
Voltas Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Wed, 09/16/2009 - 14:17.
A Tata Group Company, Voltas is India's premier air conditioning and engineering services provider. It provides engineering solutions for a wide spectrum of industries in areas such as heating, ventilation and air conditioning, refrigeration, climate control, electro-mechanical projects, textile machinery, machine tools, mining and construction, materials handling, water management, building management systems, pollution control and chemicals. The Company has consciously laid emphasis on corporate social responsibility and also on ecology and environment protection.
Liberty Shoes Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Wed, 09/16/2009 - 14:26.
Company was incorporated on the 3rd September 1986 as a Public Limited Company. Company set up to manufacture and sell leather and non-leather shoes, leather shoe uppers and leather garments. It has also set up a joint venture in Russia to manufacture shoes in 1991 under the name of M/S Liberty &Go, with M/S Gorky Production & shoes Unit, Gorky. Company has entered into an agreement with one of the group firms M/S Liberty Enterprises for using the established brand name "LIBERTY".
Nestle India Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Tue, 09/22/2009 - 14:05.
Company was incorporated in 1959 as Food Specialties, Nestle India Limited was promoted by Nestle Alimentana, Switzerland. Its first unit at Moga (Punjab) started in 1962 for manufacturing milk products, infant milk food and weaning cereals, culinary products and beverages. The second factory at Choladi, Tamilnadu to produce beverages (tea) was set up in 1967. To part finance this project company went public in the year 1968. The third plant at Nanjangud, Karnataka, set up in 1989, manufactures instant coffee and health beverages.
Bharat Forge Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Malini Ranade on Tue, 09/22/2009 - 14:11.
Belonging to the Kalyani group, Bharat forge is the largest manufacturer of forges in India with tie-ups with Rockwell International, US, Lemmerze-Werke and Muller-Weingarten, Germany and Metalart and Nissho Iwai, Japan was incorporated on 19th June 1961, at Mumbai. The main object of the Company is to manufacture forgings and finished crankshafts. Balchandra Investment Pvt. Ltd. became a wholly owned subsidiary of the Company in 1982. Company formed an agreement with Tokyo, Drop Forging Co. Ltd.
Buy RCom To Achieve Short-Term Target Of Rs 368: Abhishek Jain, Stocksidea.com
Submitted by Sumeet Kak on Tue, 09/22/2009 - 15:41.
In its latest research report, Abhishek Jain, stocksidea. com, said that Reliance Communications, which has been consolidating between Rs 305-320 level, can give good returns in the short term.
The report further stated that, if the counter is successful to breach Rs 348 levels, then it will create a huge breakout.
Abhishek Jain has advised investors to hold the stock to achieve a target price above Rs 368.
Furthermore, the firm has suggested a support level for the scrip at Rs 278.
Buy ICICI Bank For Short Term: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Tue, 09/22/2009 - 15:51.
Technical analyst Abhishek Jain of Stocksidea. com has suggested investors to buy ICICI Bank for short term.
Mr. Jain expects the stock to hit a target of Rs 925.
According to Mr. Jain, the stock may face some resistance around Rs 894 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 802.
Today (Sep 22), the shares of the company opened at Rs 843 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 881.95 and a low of Rs 252.75 on BSE. Current EPS and P/E of the stock stood at 35.11 & 24.24 respectively.
Sensex Has Support At 16526/15975: Abhishek Jain, StocksIdea.com
Submitted by Shalini Kakkad on Tue, 09/22/2009 - 16:03.
After belling the day on a positive note at 16,805.22, up 63.92 points, Sensex continued to trade higher on the back of buying activity witnessed across frontliners.
FMCG, IT, auto and power counters attracted good buying support.
BSE Midcap index surged 0.75%, while and Smallcap index remained up by 1.05%.
The Sensex on Friday (Sep 18) closed the week after making a gain of 30.19 points, whereas the NSE Nifty gained 10.50 points (0.21%).
Buy S V Electricals: Abhishek Jain, StocksIdea.com
Submitted by Malini Ranade on Tue, 09/22/2009 - 18:04.
Technical analyst Abhishek Jain of Stocksidea. com has suggested investors to buy S V Electricals Ltd stock for short term.
Mr. Jain expects the stock to hit a target of Rs 25.
The stock may face some resistance around Rs 19 levels, but after that it can even have more upward movement.
The scrip has very strong support at Rs 8.
Shares of the company, on Friday (Sep 18), closed at Rs 12.79 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 12.79 and a low of Rs 3.89 on BSE.
Bajaj Electricals Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Hina Deshpande on Thu, 09/24/2009 - 16:09.
Incorporated in July 1938, it commenced operations as Radio Lamp Works and changed its name to the present one in 1960. The company is part of the US $ 3 billion Bajaj group who are in the business of steel, sugar, two and three wheelers besides an impressive range of consumer electrical products. Bajaj Electricals Limited (BEL) is a part of the Rs. 20000 crore "Bajaj Group" who are in the business of steel, sugar, two wheelers & three wheelers besides an impressive range of consumer electrical products. It's a 70 year old company with a turnover of over Rs. 1404 crores aiming to be a Rs. 2001 crore company in the next couple of years.
Camlin Limited Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Malini Ranade on Fri, 09/25/2009 - 22:26.
Company was incorporated on 24th December 1946, as a private limited company with the main object of taking over the running business of M/s. Dandekar & Co., which was founded by late G. P. Dandekar and D. P. Dandekar in 1931 at Girgaum, Mumbai. The Company manufactures stationary products, art materials. The Company was converted into a public limited company on 24th March 1988 and the name was changed to Camlin Ltd.
Indusind Bank Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Sat, 09/26/2009 - 14:54.
Indusind Bank was incorporated on January and obtained Certificate of Commencement of Business in February 1994. The bank was promoted by IndusInd Enterprises and Finance Ltd. (IEFL) and five Mauritius based companies viz. IndusInd International Holdings Ltd. (IIHL) IndusInd (Mauritius) Holdings Ltd. (IMHL) IndusInd Ltd. (IL) IndusInd Investments Ltd. (IIL) DeFive Mauritius Holdings Ltd. (DFMHL).
Hindustan Unilever Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Fri, 10/09/2009 - 17:09.
Hindustan Unilever Ltd. country's leading fast moving consumer goods company and amongst those enjoying the largest branded market coverage, is a 51% subsidiary of Unilever Plc, UK. In 2000 Company launched the International Lux Skincare range, "Sunscreen Formula". In this year only HUL acquires Modern Foods, the first public sector company to be divested by the Government of India. For "Clinic All Clear" on the Net, Hindustan Unilever has launched a host of Web Promotions on popular Websites that include Rediff. com, Sify. com, Indya. com, Uthplanet. com, Hungama. com and C2W. com.
Hindustan Unilever Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Sun, 10/11/2009 - 17:47.
Hindustan Unilever Ltd. country's leading fast moving consumer goods company and amongst those enjoying the largest branded market coverage, is a 51% subsidiary of Unilever Plc, UK. In 2000 Company launched the International Lux Skincare range, "Sunscreen Formula". In this year only HUL acquires Modern Foods, the first public sector company to be divested by the Government of India.
Television Eighteen Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Divesh Sharma on Sun, 10/11/2009 - 17:57.
Television Eighteen is India's leading business and consumer news broadcaster with a wide variety of content provider. TV18 was incorporated in September 1993 as Television Eighteen India Private Ltd and became a public limited company in November 1994. Mr. Raghav Bahl and Mr. Sanjay R Chaudhuri promoted the company. The company came out with a public issue in December 1999. That time Television Eighteen Mauritius Limited was a 100% subsidiary in Mauritius, in a JV with Business News Private Ltd, has launched CNBC India.
Essel Propack Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Sumeet Kak on Wed, 10/14/2009 - 17:59.
Essel Propack Limited was incorporated in year 1982 is one of the largest manufacturers of laminated tubes in the world. Company is a part of the Essel Group, whose other interests include satellite communication, amusement parks. The company was started in technical collaboration with American National Can Company of US, Karl Magerle Kusnacht of Switzerland, and Kaito Chemicals of Japan. The company supplies tubes for toothpastes, cosmetics, pharmaceutical products, grease, adhesives and almost all segments of the packaging industry. Essel supplies the basic laminate or the web to its operations in Nepal, Egypt and China.
Tata Consultancy Service Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Thu, 10/15/2009 - 20:25.
TCS is a part of one of Asia's largest conglomerates "TATA Group", which is having presence in Energy, Automobiles, Telecommunications, Financial Services, Chemicals, Engineering and Materials etc. Company has presence in 34 countries across 5 continents and seven of the Fortune Top 10 companies are in its valued customers list. Company has launched its most integrated business accounting software "Personal Accountant" in Guwahati in 2000. Company has emerged as Asia's largest software and Services Company launched its computer security consultancy practice.
Hindustan Unilever Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Mon, 10/19/2009 - 17:42.
Subros was established in the year 1985 as a joint venture between the Suri Brothers, Denso Corporation, Japan and Suzuki Motor Corporation, Japan. The company has grown from a capacity of 15,000 AC units in 1985 comprising of largely an assembly operation, into the largest and only integrated manufacturing unit in India for auto air conditioning (AAC) systems. It has the capability to manufacture compressors, condensers, heat exchangers and all the connecting elements that are required to complete the AC Loop. Subros has three plants, in Noida, Manesar and in Pune.
HCL Infosystems Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Sumeet Kak on Fri, 10/23/2009 - 15:07.
Incorporated in April 86, HCL Infosystems previously known as HCL Hewlett-Packard is promoted by group of technocrats. In 86 company took over, Hindustan Computers, Hindustan Reprographics, Hindustan Instruments and Indian Computer Software Co. In 1991, the company entered into a joint venture with Hewlett-Packard Co, US, for combining the computer manufacturing, marketing and servicing activities of the company and Hewlett Packard India Pvt Ltd.
Star Paper Mills Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Fri, 10/23/2009 - 15:10.
Star Paper Mills Limited is an integrated Pulp and Paper Mill was established in 1938. Company Started its operation with 6000 MT par annum now having a capacity of more than 67875 MT. Company was originally promoted by Seth Baldeodass Bajoria, later it was taken over by Duncan Goenka Group in 1986. The company's core business is manufacturing of writing, printing and packaging paper, which are sold under the brand name 'Star'.
Cipla Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Malini Ranade on Sat, 10/24/2009 - 20:25.
On August 17, 1935, Cipla was registered as a public limited company with an authorized capital of Rs 6 lakhs. Cipla was officially opened on September 22, 1937 when the first products were ready for the market. Exports contribute approximately 35% of net sales. A major portion of Cipla's exports is to the developed countries of Europe and US. Other major markets are Africa, Middle East, Asia and Australia.
Tata Power Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Sukant Sharma on Mon, 10/26/2009 - 20:51.
Tata power is India's leading private power Sector Company with expertise in full value chain. Tata Power Company Ltd, Tata Hydro Electric Power Supply Company Ltd and Andhra Valley Power Supply Company Ltd all licensees as per the Electricity Supply Act, are jointly managed as Tata Electric Companies. Company works as a mix of thermal and hydropower generation, it supplies to the highly industrialized area in and around Mumbai. Any shortfall in generation is met through purchases from MSEB.
Reliance Infra Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Sukant Sharma on Wed, 10/28/2009 - 19:01.
Reliance Infrastructure was incorporated in 1929 as 'Bombay Suburban Electric Supply Limited'. In 1992 the name was changed to 'BSES Limited' as the company entered into various activities besides supply of electricity. Later, Indian business conglomerate Reliance Industries has picked up a 26.6% stake in BSES. Reliance was entering the broadband business and expanding its power business in a big way by way of exploiting its synergies with BSES. From a modest licensee supplying power to the suburbs of Bombay, company is today a multi location and multidimensional enterprise.
Tata Power Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Sukant Sharma on Wed, 10/28/2009 - 19:01.
EIH Associated hotels limited was incorporated on 21st March 1983 as a public limited company in the state of Tamil Nadu and obtained Certificate of Commencement on 10th June with brand name "Pleasant Hotels". In 1989 name of the Company was changed from Pleasant Hotels, Ltd. to Oberoi Associated Hotels, Ltd. effective from 25th October.
Glaxosmithkline Pharmaceuticals Long Term Buy Call: Abhishek Jain
Submitted by Abhishek Jain on Tue, 11/03/2009 - 03:42.
Glaxosmithkline Pharmaceuticals was incorporated in 1924 as H. J. Foster and Company. Glaxo India became a wholly-owned subsidiary of Joseph Nathan and Co., UK. Later in 1947, the company was renamed as Glaxo Laboratories (India). In 2000, Glaxo Wellcome plc and SmithKline plc merged under an agreement to form a new company, named GlaxoSmithKline plc.
Cummins India Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Sukant Sharma on Tue, 11/03/2009 - 17:16.
Cummins India Ltd was incorporated on 17th February 1962, at Pune. The Company manufacture internal combustion engines in particular diesel engines of all sizes and capacities, reciprocating piston engines, gas turbine engines, gasoline engines, etc. The promoters of the Company were Kirloskar Oil Engines Ltd., Lakshmanrao Kirloskar Road, Khadki, Pune and Cummins Company Inc., Columbus, U. S. A. Its Subsidiary, Cummins Diesel Sales and Service, was engaged in providing after-sales service and spare parts for the entire range of Cummins products through a nationwide network of depots, offices and dealers.
CCL Products India Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Malini Ranade on Sat, 11/07/2009 - 13:56.
CCL Products India Ltd is working into the business of processing coffee and it exports most of its produced amount. The main export markets are North America, Europe, East Asia, Australia, Russia and other CIS Countries. The company doesn't have plantations of its own; it does value addition in raw coffee and sells it in international market. Management Team consists of senior professionals with decades of proven experience in the field of production, purchase, finance and marketing.
Ballarpur Industries Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Sat, 11/07/2009 - 14:03.
Ballarpur Industries (BILT), Thapar Group Company is India's largest manufacturer and exporter of paper and paper products. The company was incorporated in 1945 as Ballarpur Paper and Straw Board Mills and changed its name to Ballarpur Industries Limited in 1975. Gautam Thapar is the chairman and R. R. Vederah is the managing director of the company. It is the largest manufacturer of writing and printing paper with a leading 45% market share in the coated paper segment. BILT enjoys a 25% market share for maplitho, 50% for common bonds.
TVS Motor Company Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Tue, 11/10/2009 - 14:27.
TVS Motor Company Ltd was incorporated as Indian Motorcycle Pvt. Ltd. on 15th July 1982 and it was converted into a public limited company on 12th January 1984. Mr. N. Krishnan promoted it in collaboration with Suzuki Motor Co. Ltd. Japan. Company entered into a technical know-how and assistance agreement with Suzuki Motor Co. Ltd., of Japan. As per the terms of the Collaboration, Suzuki agreed to furnish complete technical information and know-how, trade secrets and other data.
President fit to fly in Sukhoi: IAF
Submitted by Supreet Sharma on Fri, 11/13/2009 - 16:28.New Delhi, Nov 13 - President Pratibha Patil has been undergoing a fitness regime for the past two-three months for her maiden flight in Indian Air Force's (IAF) frontline fighter jet Sukhoi Su-30MKI on Nov 25.
The IAF is leaving nothing to chance in the the run up to the flight from Lohegaon air base in Pune.
"The process (for her fitness) has been going on for the last two-three months. The president has been examined by her physicians and doctors from CME (Centre for Medical Examination, IAF). At present all the parameters are normal," IAF Air Chief Marshal P. V. Naik told reporters here.
A final fitness test will be done on 74-year-old Patil before the scheduled flight as well.
Ashok Leyland Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Fri, 11/13/2009 - 17:33.
Ashok Leyland Ltd was incorporated on 7th September 1948 at Chennai. In 1948, company was set up for the assembly of Austin Cars. British Leyland and Ashok Leyland commenced manufacture of commercial vehicles in 1955. In 1987, the overseas holding by Land Rover Leyland International Holdings Limited (LRLIH) was taken over by a joint venture between the Hinduja Group, the Non-Resident Indian transnational group and IVECO. (Since July 2006, the Hinduja Group is 100% holder of LRLIH).
Tata Motors Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Sumeet Kak on Sat, 11/14/2009 - 17:20.
Tata Motors Ltd was incorporated on 1st September 1945 at Mumbai to manufacture diesel vehicles for commercial use, excavators, industrial shunter, dumpers, heavy forgings and machine tools. Company initially manufactured steam locomotives and progressively widened its product range to cover heavy commercial vehicles and light commercial vehicles. In the starting, Company formed a Collaboration with M/s Daimler -Benz AG, W. Germany, to manufacture medium commercial vehicles at Jamshedpur. Company formed a collaboration with M/s Hitachi Construction Machinery Co. Ltd., Japan, for manufacture of hydraulic excavators.
Mahindra & Mahindra Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Tue, 11/17/2009 - 17:30.
Mahindra & Mahindra was established in the year 1945. It is a leading name in the general-purpose utility vehicles market in India. Mahindra Group is among the top 10 industrial houses in India. Mahindra is the market leader in multi-utility vehicles in India. It made a milestone entry into the passenger car segment with the Logan.
Maruti Suzuki India Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Tue, 11/17/2009 - 17:34.
Maruti Suzuki India was established to meet the growing demand of a personal mode of transport caused by the lack of an efficient public transport system according to the company act
- 1956, in 1981. Suzuki Motor Company was chosen by the government of India, from seven prospective partners worldwide to form a joint venture.
Patni Computers Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Sumeet Kak on Wed, 11/18/2009 - 18:18.
Patni Computer Systems Limited was incorporated as Patni Computer Systems Private Limited on February 10, 1978. The activities of the Company were computer time rental, the resale of imported computer hardware, and software exports. In 1981, the Company promoted PCS Data Products (Private) Limited for the sale and marketing of computer equipment and hardware maintenance.
NALCO Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Fri, 11/20/2009 - 20:22.
NALCO was incorporated on 7th January 1981 as a wholly owned enterprise of Government of India for technical collaboration and financing of an integrated aluminium complex with Aluminium Pechiney of France. Company undertook major expansion of bauxite mine from 2.4 million TPA to 4.8 million TPA and alumina refinery from 8,00,000 TPA to 13,50,000 TPA in 1994. It also set up a Smelter plant at Angul with a capacity of 26000 TPY of strip casting facility. A special Alumina plant at Damanjodi was set up with a capacity of 20,000 TPY and 10,000 TPY for detergent grades Zeolite (Zeolite-A).
Gammon India Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Sukant Sharma on Tue, 11/24/2009 - 15:36.
Gammon India was incorporated in 1922 and converted into a public Ltd. company on 31st April 1962. At the time of incorporation, the name of the Company was J. C. Gammon (Mumbai) Ltd. The first work carried out by Mr. J. C. Gammon was the construction of reinforced oncrete pile foundations for Gateway of India. The name was changed to Gammon India Ltd. In 1975, Gammon Nirma Ltd. was incorporated as a subsidiary of the company.
Jaiprakash Associates Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Sat, 11/28/2009 - 12:57.
Jaypee group is a well-diversified infrastructural industrial group of India that commenced its operations in 1972 as a partnership firm then known as Jaiprakash Associates. Three decades later with growth and diversification the group is now engaged in the businesses of Engineering and Construction, Cement, Private Hydropower, Expressways and Highways, Hospitality, Golf Resorts and Information Technology.
Godrej Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Thu, 12/03/2009 - 20:19.
Godrej Consumer Products Ltd. is a major player in the Indian FMCG market with leadership in personal care, hair care, household care and fabric care segments. Today Godrej is delivering consumers exciting innovations across a spectrum of businesses. The company has state-of-the-art manufacturing facilities at Malanpur (M. P.) Guwahati (Assam), Silvassa (U. T.) and Baddi (H. P.). In 2002 Company entered into the deodorants category with the launch of Cinthol International Perfumed deodorant. Godrej entered the traditional powdered 'henna' market with the launch of powdered henna under the brand 'Nupur'.
GlaxoSmithKline Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Thu, 12/03/2009 - 20:21.
GlaxoSmithKline Consumer Healthcare Ltd is an Indian associate of GlaxoSmithKline, the world's leading research-based pharmaceutical and healthcare company. GlaxoSmithKline is a leader in the worldwide consumer healthcare market. With nearly $5 billion in sales, over ten $100 million brands and presence in 130 markets, the consumer healthcare business brings an added dynamic dimension to GSK. Company was incorporated at Mumbai on 8th December
Federal Bank Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Sukant Sharma on Mon, 12/07/2009 - 14:34.
Federal Bank was incorporated as Travancore Federal Bank Limited to cater to the banking needs of Travancore Province in the year 1931. Bank was reconstituted and fresh Articles of Association were adopted and the Bank was renamed as The Federal Bank limited later in 1949. Bank started Information Technology Strategic Plan 2000 for automating its branches in a phased manner. Bank has also developed "Fedsoft" the automation software package in house.
ABB Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Malini Ranade on Thu, 12/10/2009 - 20:37.
ABB Limited was incorporated on 24th December 1949, at Mumbai. Company was involved mainly into manufacturing of transformers, electric motors, all-aluminium conductors, furnaces, extra H. T. air blast circuit breakers, panels and switchboards. Company's parent ABB group, have more than 1000 companies, has operations in more than 100 countries and is involved in power generation, transmission and distribution (T&D), industrial equipments and systems, and factory automation.
Dr. Reddy’s Laboratories Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Mon, 12/14/2009 - 13:35.
Company was incorporated on 2nd November 1985. Dr. K. Anji Reddy and his associates promoted company. Company established a subsidiary named "Dr. Reddy's Diagnostics Ltd." for the manufacture of diagnostics kits. Company also formed a joint venture "Reddy Biomed Ltd." with a Russian company for manufacturing and marketing formulation in Russia.
Raymond Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Fri, 12/18/2009 - 15:12.
Raymond Ltd was incorporated on 10th September 1925 at Mumbai. Raymond Group is a Rs. 2000 crore plus conglomerate having businesses in Textiles, Readymade Garments, Engineering Files & Tools, Prophylactics and Toiletries. The group is the leader in textiles, apparel, & files & tools in India and enjoys a pronounced position in the international market. Raymond believes in Excellence, Quality and Leadership.
Hindalco Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Sukant Sharma on Sat, 12/19/2009 - 14:37.
Hindalco Limited was incorporated on 15th December 1958 at Mumbai to manufacture alumina, aluminium and aluminium-fabricated items. Company was formed by the Birla in collaboration with the Kaiser Organization of U. S. A. Properzi mill plant was set up for the production of redraw rods. An extrusion press and rolling mill for the production of aluminium extrusions and rolled sheets was installed. Company got certification for ISO 9000 and for introduction of TQM in 1992.
Fulford India Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Tue, 12/22/2009 - 19:34.
Fulford India is an associate of “Schering-Plough Corporation” (USA) a leading research-based company. Fulford (India) Limited was incorporated in the year 1948. It was then registered under the name C. E. Fulford (India) Private Limited and was 100% owned by C. E. Fulford Limited (UK). Until 1968, the company was engaged in the business of manufacturing and marketing pharmaceutical consumer products, including cough tablets and herbal ointments, marketed under the trademarks – PEPS and ZAMBUK respectively.
Solvay Pharma India Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Fri, 12/25/2009 - 23:25.Solvay Pharma India Ltd. is a part of an international chemical and pharmaceutical group with headquarters in Brussels. Group employs around 30,000 people in over 50 countries with 400 production centers. Group has its presence in its three sectors Chemicals, Pharmaceuticals and Plastics. In India, Solvay is present in the Pharmaceutical sector through its group company Solvay Pharma India Ltd. In India, the company existed since 1951 as International Franchise Pvt. Ltd founded by late Dr. D. V. K. Raju. Solvay Pharma India Ltd. (previously, Duphar Pharma India Ltd.) was formed as a consequence of the demerger of Pharma business of Duphar-Interfran ltd.
PTC India Ltd Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Wed, 12/30/2009 - 17:25.
PTC India Ltd. (PTC), the leading provider of power trading solutions in India, is Government of India initiated Public-Private Partnership, whose primary focus is to develop a commercially vibrant power market in the country.
NIIT Technologies Ltd Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Tue, 01/05/2010 - 16:52.
NIIT Technologies is a global IT and Business Process Management Services provider, with a presence in 14 countries across the world. NIIT Technologies is a Global IT solutions organization, with its footprint spanning North America, Europe, Asia and Australia. Ranking among India's Top 20 IT services players, the company offers a gamut of services in the areas of Application Development Management and Enterprise Solutions, encompassing Managed Services and Business Process Outsourcing. Positioning itself as a navigator, the company has been guiding customers in their quest for state-of-the-art IT solutions.
3i Infotech Ltd Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shilpa Mahapatre on Thu, 01/14/2010 - 15:17.3i infotech is a leading IT company, which provides technology solutions to more than 45 countries across 5 continents to various sectors i. e. Banking, Insurance, Manufacturing, Contracting, Retail & Distribution and Government. Company's quality certifications include SEI CMM Level 5 for its Software business and ISO 9001:2000 for its Infrastructure Services and Business Process Outsourcing (BPO) operations.
Man industries India Ltd. Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Fri, 01/22/2010 - 17:59.Man industries promoted by Rameshchandra Mansukhani was incorporated on March 19, 1988 has its aluminium extrusion plant at Pithampur, MP. Man Industries (India) Limited is the flag ship company of Man Group of UK is a leading manufacturer of large diameter SAW Line Pipes and Coating Systems for high pressure applications like transportation of Oil, Gas and other Petrochemical products.
Zensar Technologies Ltd Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Sat, 01/23/2010 - 22:13.
Company was incorporated in March, 1983 as International Computers and Tabulators. Indian Manufacturing Company was established in technical and financial collaboration with International Computers, UK. Company was promoted in foreign collaborators ICL, UK; Fujitsu, Japan; and Northern Telecom, Canada. Company headquartered is situated in Pune, India, and spread across
18 countries, 23 locations, with the delivery centers in India & China. In 1988, ICL entered into an agreement with RPG Enterprises to jointly manage the company.
United Phosphorus Ltd Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Thu, 01/28/2010 - 19:47.
United Phosphorus Ltd, formerly known as Search Chem Industries Ltd, a subsidiary of erstwhile United Phosphorous Ltd is into manufacture of Chlor alkali products, Industrial chemicals and speciality chemicals. Company was incorporated as Vishwanath Commercials on Jan 2, 1985 was originally promoted by Debisingh Shekhawat, Lalit Kumar Sharma and Associates and went public in Feb 1985. United Phosphorus acquired 75% equity in Search Chem in March 1995 and UPL acquired further shares in Aug 1995 and became the promoter of the company. Subsequent to takeover it diversified into manufacture of chemicals.
Sasken Communication Tech. Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Bharat Ghai on Fri, 01/29/2010 - 21:11.
Company was incorporated in the year 1989 to focus on products and services in the single vertical of telecom. Company caters to semi-conductor and handset makers, and OEM customers like Nortel, Nokia and Alcatel in telecom. It also has a presence among service providers. Sasken is an embedded telecom solutions company that helps businesses across the telecom value chain accelerates product development life cycles. It helps client’s speed product development through a unique combination of ready to use technology blocks and services along with unparalleled telecom experience.
Daily Indian Stock Market Outlook: FairWealth Securities
Submitted by Shilpa Mahapatre on Sat, 01/30/2010 - 14:49.
Weak global cues and RBI credit policy affected Indian market negatively in the earlier hours, but Indian Indices recovered in the second half session. SENSEX closed at 16357, up 51 points and Nifty at 4882, up 14 points from the previous close. CNX MIDCAP index was up 0.89% and BSE SMALLCAP index was up 1.20%. BANKING stocks attract maximum buying interest. A steel stocks recovered some loses. Top gainers included ICICIBANK, BHEL, DLF, SUNPHARMA, SBIN, ABB, SUZLON and SIEMENS. Top losers are listed as HUL, WIPRO, TATAMOTORS, TATASTEEL, WIPRO, BHARTIARTL and JINDALSTEL,
Alembic Ltd Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Wed, 02/03/2010 - 20:05.
Alembic started its operations on 30 July, 1907 & now it is Asia's most respected integrated pharmaceutical company with manufacturing facilities in Vadodara and Panelav in Gujarat and Baddi in Himachal Pradesh. The plant in Vadodara has the largest fermentation capacity in India.
The Panelav facility houses both API (USFDA approved) and formulation manufacturing plants. It has a distribution network that spans 29 states in India and 75 countries globally. Company has "Bio Arc Research Center" at vadodara to capitalize its strength in research and developments.
J B Chemicals & Pharmaceuticals Ltd (JBCPL) Long Term Buy Call: StocksIdea.com
Submitted by Divesh Sharma on Wed, 02/17/2010 - 14:39.
J. B. Chemicals & Pharmaceuticals Ltd. (JBCPL) is one of India’s fastest growing, professionally managed, global pharmaceutical companies manufacturing a wide range of innovative specialty medicines for domestic and international markets. A flagship company of the Unique Group, it is also known as “Unique”. J. B. Chemicals & Pharmaceuticals Ltd. known to many, as Unique Pharmaceutical Laboratories is one of India’s leading global pharmaceutical companies.
Aurobindo Pharma Limited Buy Call: StocksIdea.com
Submitted by Sumeet Kak on Thu, 02/18/2010 - 15:32.
Company was founded in 1986 by Mr. P. V. Ramaprasad Reddy, Mr. K. Nityananda Reddy and a small group of highly commited professionals; Aurobindo Pharma became a public company in 1992. Aurobindo Pharma Limited based at Hyderabad, India manufactures generic pharmaceuticals and Active Pharmaceutical Ingredients. Company is one of the world's top 5 manufacturers of semi synthetic penicillin’s. Company has Asia's largest sterile API facility. It is one of India’s top 5 pharma companies ranked in terms of turnover.
Glenmark Pharmaceuticals Ltd Term Buy Call: StocksIdea.com
Submitted by Neeta Aurora on Thu, 03/04/2010 - 20:08.
Glenmark Pharmaceuticals Limited was incorporated in the year 1977. Glenmark is an India-based one of the fastest growing pharmaceutical company headquartered at Mumbai. Glenmark has built a visible and growing branded generic formulation presence across all its markets in Asia, Africa and CIS countries. A number of its products have emerged as brand leaders in India and these markets.
IPCA Laboratories Ltd Term Buy Call: StocksIdea.com
Submitted by Neeta Aurora on Fri, 03/05/2010 - 19:50.
IPCA at Mumbai commissioned one of the first modern pharmaceuticals factories of that time in 1969. Company was originally promoted by a group of medical professionals and businessmen and was incorporated as 'The Indian Pharmaceutical Combine Association Limited.' in October 1949. Ipca is a fully integrated, rapidly growing Indian pharmaceutical company with a strong thrust on exports.
Jain Irrigation Systems Ltd Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Sun, 03/14/2010 - 22:15.Company is one of the pioneer names in the plastic irrigation products industry sector in India. Company is in Technical alliance with many firms for the purpose to make their products to the international
Quality Standards. Company’s Rs.1000 million exports coming from the toughest markets in the world. It’s largest producer of PVC Pipes in India. Company is Pioneers of Micro Irrigation Systems in India
besides pioneering the concept for small landholders in India. It’s the only manufacturer producing the widest range of Plastic Sheets (PC & PVC) under one roof. Company has got the ISO-9001 from
ABC Bearings Ltd. Term Buy Call: StocksIdea.com
Submitted by Neeta Aurora on Wed, 03/17/2010 - 15:05.
Company was established in the year 1961 by setting up a plant in Lonavala, in collaboration with Steyr Diamler Puch, Austria. Company is one of the oldest bearing companies in India. During 1990 it expanded the capacity of its plant at Lonavala from 1.7 mn to 3 mn bearings. During 1997-98, the company has entered into a long-term licensing and technical assistance agreement for Ball and Tapered Roller Bearing with NSK Ltd, Japan to upgrade its manufacture process and improve quality of the product. Company plants have the ISO 9001 and QS 9000 certifications.
Buy SKF India Ltd: Abhishek Jain
Submitted by Neeta Aurora on Sun, 03/21/2010 - 14:02.
Company was incorporated in year 1961. SKF Bearings India is a subsidiary of SKF, Sweden, the world leader in bearings; SKF Bearings India produces India's most diverse range of bearings that have become quality benchmarks. It has two manufacturing units at Chinchwad, Maharashtra and Bommasandra, Karnataka. It commenced operations at Chinchwad in 1963 and is a ISO 9002 certified by IRQS. SKF is the largest manufacturer of bearings and seals in the world. SKF makes bearings and seals of all sizes and types for practically all applications. From silent running ball bearings for sealing fans to 7.2-metre diameter, 45-tonnes slewing bearings for giant tunneling machines.
Siemens India Ltd Buy Call: Abhishek Jain
Submitted by Shalini Kakkad on Thu, 03/25/2010 - 14:52.
Siemens Ltd is a subsidiary of Siemens AG Germany. Over the last few years, it has focused on restructuring its finances and business portfolio. Siemens is planning to invest more in India. Siemens is also expanded its medical equipment factory in Goa by developing X-ray equipment for the company globally. Company is eyeing to outsource its IT needs from India and plans to expand its development centers in the country. Besides, penetrating further into the existing markets, it will explore new and untapped markets with new products, technology and solutions.
Ador Welding Ltd Buy Call: Abhishek Jain
Submitted by Neeta Aurora on Fri, 03/26/2010 - 14:59.
(AWL) is India’s leader in the field of Welding Products, Technologies & Services. Over the last 50 years, company is supplying its products for many sectors continuously. Ador Welding Ltd, formerly known as Advani-Oerlikon Limited (AOL) was incorporated in the year 1951 by JV Advani & Company in collaboration with Welding Industries Oerlikon-Buhrie Ltd, Switzerland. Ador Welding has ISO-14001:2004 certification for all consumable plants. It has also received the ISO-9002 certification for its 100% EOU. In India's welding history, Ador Welding Ltd.
CESC Limited Buy Call: Abhishek Jain
Submitted by Neeta Aurora on Wed, 03/31/2010 - 16:00.
CESC, a power utility in India was setup in 1899. It brought electricity to Calcutta, just a few years after electricity was first used to light up London. CESC Limited is a flagship company of RPG Enterprises, which is one of India's well-managed groups of companies with a diversified presence. Company brought thermal power to India more than 100 years ago and supplies power to the city of kolkata. It is part of the RPG group and the company is engaged in the business of generation and distribution of electricity in Calcutta, Howrah and the surrounding areas.
Rolta India Ltd Term Buy Call: StocksIdea.com
Submitted by Harish Chandra on Mon, 04/12/2010 - 20:45.KEI Industries Ltd Term Buy Call: StocksIdea.com
Submitted by Darpana Kutty on Thu, 04/15/2010 - 19:01.
Company was incorporated in the year 1968 as a partnership firm under the name Krishna Electrical Industries and later converted into a public limited company in 1992. Some of its associate companies include KEI Cables Pvt Ltd, Matchless Engineers, etc. Its product range include control cables, LT power cables, instrumentation cables, telecom cables and non-ferrous alloy wires and rods, and are registered with engineering consultants, State Electricity Boards and other organizations both in private and public sectors.
Gail India Ltd Buy Call: StocksIdea.com
Submitted by Neeta Aurora on Sat, 04/24/2010 - 13:34.
GAIL (India) Ltd., India's largest gas transmission and marketing company, was set up by the Government of India in August 1984 to create gas sector infrastructure for sustained development of the natural gas sector in the country. Company started 2800-km Hazira-Vijaipur-Jagdishpur (HVJ) pipeline in 1991. During 1991-93, three LPG plants were constructed and some regional pipelines acquired. GAIL began its city gas distribution in Delhi in 1997 by setting up nine CNG stations, catering to the city's vast public transport fleet. In 1999, GAIL set up northern India's only petrochemical plant at Pata.
Wipro Limited Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Shalini Kakkad on Wed, 04/28/2010 - 23:05.
Company started its operation as a vegetable oil distributor in the 1940s, and it moved into high tech in the 70’s when the Indian government exiled multinationals. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro’s ADSs are listed on the New York Stock Exchange.
GMDC Ltd Buy Call: Abhishek Jain
Submitted by Shalini Kakkad on Wed, 05/05/2010 - 22:09.Gujarat Mineral Development Corporation was established by the Gujarat government in the year 1963 for developing important and major mineral resources of the State. Company commenced its operations; with small sand crushing plant at Surendranagar, which supplied graded sand to consumers all over in the State. Later company started two projects, consisting of the silica sand crushing plant at Surajdeval in Saurashtra and the fluorspar project at Kadipani in Baroda district.
Tata Power Company Ltd Term Buy Call: StocksIdea.com
Submitted by Neeta Aurora on Thu, 05/13/2010 - 13:57.
Tata power is India’s leading private power Sector Company with expertise in full value chain. Tata Power Company Ltd, Tata Hydro Electric Power Supply Company Ltd and Andhra Valley Power Supply Company Ltd all licensees as per the Electricity Supply Act, are jointly managed as Tata Electric Companies. Company works as a mix of thermal and hydropower generation, it supplies to the highly industrialized area in and around Mumbai. Any shortfall in generation is met through purchases from MSEB. In June, 2002 Tata Power acquired 51% stake in North West Delhi Distribution Co.
Alstom Projects India Ltd Term Buy Call: StocksIdea.com
Submitted by Neeta Aurora on Thu, 05/20/2010 - 15:38.
Alstom projects India limited was incorporated on 2nd September 1992. Alstom Projects India provides a regional presence for its French powerhouse parent. The principal activities of the Group are the power generation for utilities and industrial users, transportation systems covering traction, signaling and train control for the railways, transmission systems and energy management for a variety of industries. Company merged three of its subsidiary companies with itself i.e. Alstom Transport, Alstom Systems and Alstom Power Boilers with itself in 2002.
Jubilant Organosys Ltd Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Mon, 08/30/2010 - 20:56.Jubilant Organosys is an integrated pharmaceutical industry player with a wide range of products and services for global life sciences companies. The company has custom research and manufacturing services (CRAMS) and drug discovery services in India. It was originally incorporated as Vam Organic Chemicals in the year 1978. In the year 1988 company launched its first branded product - Vamicol, an adhesive product. Jubilant also holds ISO 9001 certification. In 2005, jubilant Acquired Target Research Associates, Inc.
Cadila Healthcare Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Thu, 09/02/2010 - 23:00.
Cadila Healthcare Limited is one of the largest Indian companies in the domestic pharmaceutical market. The company is the flagship of the Zydus Cadila group. Its operations include pharmaceuticals, diagnostics, herbal products, skin care products and other over-the-counter products. Company came into current status after the group restructuring in 1995 under which the operations of the group were consolidated. The company also has co-marketing agreement with number of Indian drug companies like E. Merck, Kopran, Nicholas Piramal and Ranbaxy.
KEC International Limited Term Buy Call: StocksIdea.com
Submitted by Divesh Sharma on Sat, 09/11/2010 - 15:04.
KEC International Limited is one of the largest Power Transmission EPC companies in the world. Company has made an indelible mark on the world map by constantly and consistently re-engineering itself to retain its position of leadership in the areas of quality, technology, capacity and capability.
KEC is supported by multi-location manufacturing facilities and a workforce spread out over 20 countries. KEC has gone from strength to strength successfully exporting towers to over 20 countries and widening its client base across the world.
Hindustan Construction Ltd Term Buy Call: StocksIdea.com
Submitted by Divesh Sharma on Thu, 11/04/2010 - 05:32.
HCC is one of the largest private sector construction companies in India and the foremost in infrastructure building. Businessman and nationalist, Seth Walchand Hirachand, founded the company. With a vision for a modern and prosperous India, Seth Walchand entered into the core sector of industry and on 27th January 1926 Hindustan Construction Company Ltd.,(HCC) was born. Company started initially with tunneling works has today grown to a Company with a dedicated, experienced and expert team of people achieving remarkable feats in the field of civil engineering construction.
Colgate Palmolive Ltd Strong Buy : Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Sun, 12/26/2010 - 14:23.
Colgate Palmolive (India) Ltd is a subsidiary of Colgate Palmolive (US). Company was incorporated on 23rd September 1937 as a private limited company. Colgate-Palmolive Company, U. S. A. provided technical assistance, new product information and its worldwide developments in quality dental care and other personal care products. In 1988 Company got a license for producing 24,000 ton per annum of fatty acids.
Hold Dr Reddy'd Stock With Target Price Of Rs 1,584
Submitted by Sumeet Kak on Thu, 01/27/2011 - 16:06.
DRL’s Q3FY11 results were a mixed bag. The sales growth and adjusted margins were tad below expectation but adjusted PAT was above our estimates on back of lower tax rate. Near term trigger for the stock would be launches of Fondaparinux and generic Allegra D-24 products in US.
Orchid Chemicals & Pharmaceuticals Ltd Buy Call at Rs 292: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Mon, 02/07/2011 - 22:43.
Orchid Chemicals & Pharmaceuticals Ltd was established in the year 1992 as a 100% Export Oriented Unit. Commencing operations in February 1994, company achieved rapid growth to emerge as the one of the largest company in the Indian pharmaceutical industry in a short span of years. Company employs over 4000 people; over 700 of them are scientists, technologists and other professionals.
Long Term Buy Call For Maruti Suzuki
Submitted by Devang Murthy on Sun, 05/08/2011 - 18:23.
Company overview— Maruti Suzuki India was established to meet the growing demand of a personal mode of transport caused by the lack of an efficient public transport system according to the company act – 1956, in 1981. Suzuki Motor Company was chosen by the government of India, from seven prospective partners worldwide to form a joint venture. This was due not only to their undisputed leadership in small cars but also to their commitment to actively bring the modern technology and Japanese management practices.
Bajaj Auto Ltd Buy Call: Abhishek Jain, Stocksidea.com
Submitted by Devang Murthy on Sat, 05/28/2011 - 17:53.
Company belongs to Bajaj group, which is amongst the top 10 business houses in India. Group has presence over a wide range of industries, spanning automobiles, home appliances, lighting, iron and steel, insurance, travel and finance. Group’s flagship company, Bajaj Auto, is ranked as the world’s fourth largest two and three wheeler manufacturer and the Bajaj brand is well known in over a dozen countries in Europe, Latin America, the US and Asia. Company was incorporated on the 29th of November in the name of "Bachraj Trading Corporation, Ltd on 1945. On 24th August 1960 the name of the company changed to Bajaj Auto Ltd.
Buy Berger Paints India Limited: Abhishek Jain
Submitted by Divesh Sharma on Mon, 09/19/2011 - 13:48.
Berger Paints India Ltd is the second largest decorative paint player in India with a market share of around 17%. The company is headquartered in Calcutta and provides service in the market through a distribution network comprising of 75 stock points and above 14,200 paint retailers. The company was incorporated on December 17, 1923 as Hadfield's (India) Ltd in Kolkata. In December 1983, the company name was changed to Berger Paints India Ltd. The company has solely used and developed the name and trademark of Berger and all their other variants in India from 1983 till date.
ACC Limited Buy Call at Rs 1120: StocksIdea.com
Submitted by Neeta Aurora on Tue, 10/11/2011 - 00:12.
ACC Limited is India's foremost cement manufacturer with a countrywide network of factories and marketing offices. Established in 1936, ACC has been a pioneer and trend-setter in cement and concrete technology. Among the first companies in India to include commitment to environment protection as a corporate objective, ACC has won accolades for environment friendly measures taken at its plants and mines, and has also been felicitated for its acts of good corporate citizenship. ACC is the most preferred cement brand name in India. ACC is now part of the worldwide Holcim Group.
Long Term Buy Call For Britannia Industries: StocksIdea.Com
Submitted by Neeta Aurora on Tue, 10/11/2011 - 15:15.
The Company was incorporated on 21st March, as a public limited company under the Indian Companies Act, VII of 1913. In 1921 Company obtained a priority of Certificate and imported new machinery thereby becoming the first biscuit company in India to install and run a gas oven plant. A new factory was established at Kasara Pier Road in Mumbai in 1924. In the same year, the Company became a subsidiary of Peek, Frean & Co. Ltd., U. K., a leading biscuit manufacturing company, and further strengthened its position by expanding the factories at Calcutta and Mumbai.
Long Term Buy Call For Asian Paints Ltd: StocksIdea.Com
Submitted by Neeta Aurora on Tue, 10/11/2011 - 15:46.
Company was incorporated in 1942 in a garage on Foras road, Bombay as a “The Asian Oil & Paint Company”. Company is India’s largest paint company and ranks among the top ten decorative coating companies in the world. Asian Paints operates in 22 countries and has 29 paint manufacturing facilities in the world-servicing consumers in over 65 countries. Besides Asian Paints, the group operates around the world through its subsidiaries Berger International, Apco Coatings and SCIB Chemicals. The company also formed a 50:50 joint venture with Pittsburgh Paints and Glass Industries (PPG) of USA.
Asian Paints Ltd Term Buy Call: Stocksidea.Com
Submitted by Neeta Aurora on Mon, 10/24/2011 - 15:22.
Asian Paints is India's largest paint company and Asia's third largest paint company. The group has an enviable reputation in the corporate world for professionalism, fast track growth, and building shareholder equity. Asian Paints operates in 17 countries and has 24 paint manufacturing facilities in the world servicing consumers in over 65 countries. Besides Asian Paints, the group operates around the world through its subsidiaries Berger International Limited, Apco Coatings, SCIB Paints and Taubmans.
Long Term Buy Call For Torrent Power Ltd: StocksIdea.Com
Submitted by Rajvir Khanna on Tue, 10/25/2011 - 15:18.
Torrent Power (TEL) was incorporated on Apr. 29, 2004 as Torrent Power Trading. The name of the company was changed to Torrent Power Limited on Jan. 25, 2006. Consequent to the conversion of the company into a public sector company on Feb. 8, 2006, the company came to be called as TEL. It came into existence after the merger of Torrent Power AEC, Torrent Power SEC and Torrent Power Generation. Gujarat based TEL is a part of Rs. 45 billion Torrent Group and is engaged in generation, transmission and distribution of power.
Long Term Buy Call For Cox & Kings Ltd: StocksIdea.Com
Submitted by Neeta Aurora on Tue, 10/25/2011 - 15:25.
Cox & Kings (India) Ltd is one of the renowned holiday brands that cater to the overall travel needs of an Indian and International traveler. The company's business can be broadly categorized as Leisure Travel, Corporate Travel, Forex and Visa Processing. The company also provides value added services such as customizing travel plans for the NRI customers, travel arrangements for Trade Fairs, providing private air charter services, etc. Besides, they offer travel related foreign exchange & payment solutions. The company is having their registered office situated at Mumbai.
Long Term Buy Call For Cadila Healthcare Ltd: StocksIdea.Com
Submitted by Rajvir Khanna on Mon, 10/31/2011 - 14:51.
Cadila is an innovative global pharmaceutical company that discovers, develops, manufactures and markets a broad range of healthcare products. The group’s operations range from API to formulations, animal health products and cosmeceuticals. Headquartered in the city of Ahmedabad in India, the group has global operations in four continents spread across USA, Europe, Japan, Brazil, South Africa and 25 other emerging markets. In its mission to create healthier communities globally, Zydus Cadila delivers wide ranging healthcare solutions and value to its customers.
Long Term Buy Call For Divi’s Laboratories Ltd: StocksIdea.Com
Submitted by Piyush Diwan on Tue, 11/22/2011 - 14:52.
Divi’s Laboratories Limited was established in the year 1990 with Research & Development as its prime fundamental activities. Divis Laboratories focused on developing new processes for the production of Active Pharma Ingredients (APIs) & Intermediates. The company expanded its activities to provide complete solutions provider to the domestic Indian pharmaceutical industry. The company established its first manufacturing facility in 1995. The plant was built on a 500 acre site at Hyderabad (Unit-I) comprises of 13 multi-purpose production blocks.
Sun Pharmaceuticals inds. Ltd Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Mon, 01/23/2012 - 16:03.
Company Started its operation with just five psychiatry brands in the year 1983. Company has emerged as one of the leading pharmaceutical companies in India, and one of the largest Indian companies in the US generic market. In India Company is the largest specialty prescription company. In the US, it offers a comprehensive portfolio of generics including controlled substances and dermatologicals. Sun Pharma has presence in 40 other markets. In the US, Company has built a strong pipeline of generics, directly and through its subsidiaries Caraco and Sun Pharmaceutical Inc.
Alembic Ltd Buy Call: Abhishek Jain, StocksIdea.com
Submitted by Neeta Aurora on Sat, 03/03/2012 - 14:59.
Established in 1907, Alembic Pharmaceuticals Limited is one of the leading pharmaceutical companies in India. The Company is vertically integrated with the ability to develop, manufacture and market pharmaceutical products, pharmaceutical substances and Intermediates. Alembic is the market leader in the Macrolides segment of anti-infective drugs in India. Alembic’s manufacturing facilities are located in Vadodara and Baddi in Himachal Pradesh. The plant at Vadodara has the largest fermentation capacity in India. The Panelav facility houses the API and formulation manufacturing (both US FDA approved) plants.
Buy Wockhardt Ltd: Abhishek Jain, StocksIdea.com
Submitted by Piyush Diwan on Tue, 05/01/2012 - 19:38.
Dr. Habil Khorakiwala founded Wockhardt in 1967. He has gone on to build a multinational enterprise active in the fields of pharmaceuticals, biotechnology and hospitals and created one of India’s leading healthcare businesses. His father Fakhruddin T. Khorakiwala had acquired Worli Chemical Works in 1959. This was incorporated as Wockhardt Pvt. Ltd., in 1973. Wockhardt Ltd. is a pharmaceutical and biotechnology company headquartered in Mumbai, India. The company has manufacturing plants in India, UK, Ireland, France and US, and subsidiaries in US, UK, Ireland and France.
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