| Sensex
|
Tuesday, August 17, 2010
Softpro Systems Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 25, 2010, inter alia, to consider the following matters :
1. To consider and recommend for approval of members, the Audited Financial Results for the year ended March 31, 2010. ...
Celebrity Fash - Updates on Arrangement / Demerger Proposal
Celebrity Fashions Ltd has informed BSE that the Honorable High Court of Madras, in its final hearing on August 17, 2010, has sanctioned the Scheme of Arrangement between Celebrity Fashions Limited and Indian Terrain Fashions Limited and its respective Shareholders and Creditors for the demerger of Indian Terrain Division into a separate entity, Indian Terrain Fashions Limited. The Court has sanctioned the Scheme in toto except ...
D&H Welding - Board recommends Dividend
D&H Welding Electrodes India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 17, 2010, inter alia, has recommended dividend for the financial year 2009-10 @ Rs. 0.50 per share.
Sonal Adhsv - Board to consider Dividend
Sonal Adhesives Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 22, 2010, inter alia, to consider the following agenda:
1. The approval of the Audited Financial Statements of Accounts for the Financial Year ended March 31, 2010. ...
Patel Integ - Board to consider Dividend
Patel Integrated Logistics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 25, 2010, inter alia;
1. To consider and adopt the audited annual accounts of the Company for the year ended March 31, 2010. ...
Educomp Sol - Board recommends Final Dividend
Educomp Solutions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 17, 2010, inter alia, has recommended a final dividend of Rs. 1.75 per Equity Share (face value of Rs. 2/- each) for the financial year 2009-10 subject to the approval of shareholders at the forthcoming Annual General Meeting. Total Dividend Payout inclusive of dividend tax will be Rs. 194.77 million only.
Vama Inds - Board to consider Dividend
Vama Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 25, 2010, inter alia, to consider the following:
1. To approve audited financial accounts for the year ended March 31, 2010. ...
Symphony Comf - Board to consider Dividend
Symphony Comfort Systems Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 27, 2010, to take on record Audited Financial Results of the Company for the year ended on June 30, 2010.
Vimal Oil - Board to consider Dividend
Vimal Oil & Foods Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 26, 2010, inter alia, to consider the following business :
1. To approve the Annual Accounts for the financial year 2009-10. ...
Sika Interplant - Board recommends Dividend
Sika Interplant Systems Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 16, 2010, inter alia, have decided the following :
1. Board approved the draft notice for the 24th Annual General Meeting (AGM) to be held on September 30, 2010. ...
Kitex Garments - Board to consider Dividend
Kitex Garments Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 28, 2010, to take on record the audited financial results of the Company for the year ended March 31, 2010 and to consider a proposal for recommending dividend for the financial year 2009-10.
Wall Street Fin - Board recommends Dividend
Wall Street Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2010, inter alia, has recommended a dividend of Re. 0.20 per share for the year ended March 31, 2010.
Medicaps - Board to consider Dividend
Medi Caps Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 26, 2010, inter alia, to consider the following businesses:
1. To consider and recommend dividend, if any, on equity shares of Rs. 10/- each of the Company for the year 2009-10. ...
Aarvee Denims - Fixes Record Date for Interim Dividend
Aarvee Denims & Exports Ltd has informed BSE that August 26, 2010 has been fixed as the Record Date for the purpose of payment of Interim Dividend.
Upper Ganges - Board to consider Dividend
Upper Ganges Sugar & Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 25, 2010, inter alia, to consider and approve the audited accounts and financial results of the Company for the year ended June 30, 2010 and to consider recommendation of dividend, if any, for the financial year 2009-10 on Equity Shares.
Nila Infra - Board to consider Dividend
Nila Infrastructures Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 25, 2010, inter alia, to transact following business:
1. To consider and adopt annual accounts for the financial year ended on March 31, 2010. ...
Country Club - Board recommends Dividend
Country Club India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 14, 2010 and was continued on August 15, 2010, inter alia, has recommended a Final Divided @ 5% i.e. Rs. 0.10 each equity share of Rs.2/- (Rupees Two Only) each fully paid - up equity share.
source:bseindia.com
**[investwise]** Ingersoll Rand Plans Big Growth In India
Mr. Sameer Nagpal, VP - Strategy & Business Creation, Ingersoll Rand India Ltd. is responsible for formulating entry and growth strategies for expanding Ingersoll Rand's footprint in India. He is also responsible for identifying key vertical markets and driving Ingersoll Rand's growth in them through customized products and solutions development. Ingersoll-Rand (India) Ltd. is based out of 18 locations in the country. In India, Ingersoll Rand is working on three key areas – "Productivity" by leveraging its local manufacturing operations in Ahmedabad and Sahibabad, "Innovation" through its engineering R&D centers in Bangalore and Chennai and "Growth" through the expanded footprint it has in the country. Ingersoll-Rand Plc and its consolidated subsidiaries are a diversified, global group that provides products, services and solutions to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties, and increase industrial productivity and efficiency. In an exclusive interaction with Hemant P. Maradia of IIFL, Mr. Nagpal says, "We have a short-term target of more than doubling our turnover in India to over US$500mn in the next three years." What will your agenda be over the next few weeks and months? India is a key market for Ingersoll Rand. The agenda for next few months will be to comprehensively map the market in various business segments and identify the areas of biggest opportunities for growth for Ingersoll Rand in India. Which are going to be your areas of focus? My focus will be identifying opportunities for growth in the markets that we serve, and look at ways to leverage our product portfolio through India centric development initiatives. For this, we will leverage our Global Engineering Centers in Bangalore and Chennai which have competencies which may not be available to other players in India. What strategies are you adopting to drive future growth at Ingersoll-Rand India? I believe that Ingersoll Rand is currently sub penetrated in the markets in which it operates, given the depth and breadth of product and the solutions we have globally. Short term growth will come from market penetration by customizing our products to suit Indian requirements, leveraging cross selling opportunities across our businesses, developing channel to extend our reach and footprint in the country among others. In the mid to long term, our strategy will go beyond leading in the sectors where we currently operate. We are already expanding into new businesses from our global portfolio and high on our priority are Cold Chain, Residential Sector and Electric Vehicles. What is the addressable market size for your products in India? What is the growth rate in each segment? The addressable market size for Heating Ventilating and Air-conditioning (HVAC) products is US$3bn.In the Industrial Technologies space the market size for Air Solutions is US$270mn and US$86mn for Industrial Tools. The market size for Security Technologies is US$1bn. What kind of entry barriers exist in your industry as far as India is concerned? All our businesses are technology and knowledge driven businesses that require high customer engagement and after-sales service. They act as barriers to entry in these businesses. Who are your major competitors in India? Ingersoll-Rand plc and its consolidated subsidiaries are a diversified, global group that provides products, services and solutions to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties, and increase industrial productivity and efficiency. Any corporate who plays in these areas could be considered our competitor. However, since there are no corporate entities that play in all the diverse markets that we cover, there aren't any direct competitors for Ingersoll Rand as a whole. We are world leaders in creating and sustaining safe, comfortable and efficient environments and create competitive advantage by combining strengths to serve customers better. What is your market share in various segments? Globally all our strategic brands are No.1 or No.2 in their respective markets. We are leading players in most of our businesses in India too. How does Ingersoll-Rand view India as a market? What are the future plans for this country? Ingersoll Rand sees India as great potential market in all its business segments. In the coming few years the country will be contributing in terms of growth, design and manufacturing for this part of the world. Ingersoll Rand is currently evaluating strategies for product re-engineering and design for Security, Food, Commercial and Hospitality Industries. We have a short term target of more than doubling our turnover to over half a billion dollars (US$500mn) in the next three years. Among the three segments, which is the largest in terms of revenue contribution? Today our biggest business segment is the Industrial Technologies business followed by Climate Solutions and Security technologies. What kind of trends you see in each of the three segments? What is the outlook for each of the segments? With a robust GDP growth and good traction in industrial and construction sectors besides increasing urbanization, all our businesses are poised for aggressive growth in the Indian market. What is the business focus for Thermo King India and its proposed JV with TVS? Thermo King is a world leader in transport temperature control systems for a variety of mobile applications, including trailers, truck bodies, buses, shipboard containers and railway cars, which serve passenger comfort as well as the supply chain infrastructure for food and perishable goods. Thermo King India Pvt. Ltd., a 100% subsidiary of Ingersoll Rand Plc, has appointed T V Sundram Iyengar & Sons Ltd. (TVS & Sons Ltd.), one of India's largest automotive distribution and servicing companies as a partner for its climate control products under its Thermo King brand. This appointment will strengthen Ingersoll Rand's Climate Control Product and Service Offering in India. The appointment of TVS as our partner is another major step towards augmenting our sales and service enhancement strategy. The presence of TVS service network across the key states in India will allow customers to experience better engagement and improved servicing. Comfort travel using air conditioning and refrigerated transport to avoid food losses is becoming imperative for the Indian market. This relationship allows us both to expand and create new markets in the domain of supply chain infrastructure and comfortable commuter transportation. As per the agreement, TVS will be responsible for distributing and servicing over 20 current models of Thermo King products, such as bus air-conditioning units, truck refrigeration units, trailer refrigeration units and their spare parts. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. --- On Tue, 8/17/10, Sanket Shrikanth <sanketshrikanth@gmail.com> wrote:
|
http://in.groups.yahoo.com/group/investwise/
INVESTMENTS IN INDIA
We are low-risk, long-term investors.
Stocks, mutual funds and the entire investment gamut. Only financing/investment avenues in India will be discussed.
For any assistance, questions or improvement ideas, contact investwise-owner@yahoogroups.co.in
****************************************************************
NEW! ==== Check our LINKS and FILES sections for a world of information. REGULARLY UPDATED.
NEW! ==== Check "Tracklist" in Links and Files sections for Investment Ideas.
****************************************************************
Monday, August 16, 2010
Fw: What's In-What's Out
| |||||||
| |||||||
India Infoline - Trading Idea: Texmaco – BUY
Trading Idea: Texmaco – BUY
CMP Rs148, Target Rs170, Upside 15.2%
Based on 'inverted head and shoulder', we project conservative target of Rs175 which is marginally higher than Dec 2009 peak of Rs170.5. However, in case prices are able to sustain above Rs175, next leg of rally can take prices all the way to its all time peak of Rs196 . We thus advise accumulating the stock in the range of Rs141-147 with stop loss of Rs132 for target of Rs176.
http://content.indiainfoline.com/wc/research/researchreports/Texmaco_160810.pdf
Fw: Derivatives Info Kit
| ||
|
| ||||
**[investwise]** OMDC-BUY
Buy Orissa Mineral Development Corporation Ltd BSE Code:590086 for target of Rs 50,000 Equity: 60 lacs (only) Book Value Rs 12500 per share EPS: Rs 3000 per share Free floating in market 15-16% Goverment of India Company Total Value of its mines Rs 1-1.25 Lac Crore Current Year Sales expected at Rs 300 crore and net profit of Rs 170-200 Crore Current Year EPS Expected at Rs 3500 PE Ratio of 15 means Share price to touch Rs 50,000 Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. --- On Tue, 8/17/10, arun dhm <arun_dhm@yahoo.com> wrote:
|
http://in.groups.yahoo.com/group/investwise/
INVESTMENTS IN INDIA
We are low-risk, long-term investors.
Stocks, mutual funds and the entire investment gamut. Only financing/investment avenues in India will be discussed.
For any assistance, questions or improvement ideas, contact investwise-owner@yahoogroups.co.in
****************************************************************
NEW! ==== Check our LINKS and FILES sections for a world of information. REGULARLY UPDATED.
NEW! ==== Check "Tracklist" in Links and Files sections for Investment Ideas.
****************************************************************
**[investwise]** PSU Banks In Bull Grip: Andhra BK, All Bank, UCO, Dena BK
| Euphoric Buying In PSU BKs-Crescendo takes price to a new Orbit Andhra, Allahabad, UCO, Dena at all time highs Indian mid-cap banks are characterized by typical features like a regional concentration, balance sheet size (less than or around Rs1 trillion, some are even smaller), and an earnings profile that is largely driven by core income. Majority of these are also the banks which have been besieged by problems of risk capital in the past. However, backed by a proactive government (which is infusing capital) and a conducive regulatory regime (liberalisation of branch licensing), these banks have now begun adding dominantly the organic growth factor to their strategic growth path. We initiate coverage on five mid-cap banks in this report (mid-cap universe) which are likely to strengthen their balance sheets, geographically diversify their businesses, and migrate to a better trajectory of earnings growth that has a stronger sustainability element. Investment Highlights Seeking a better geographic leverage Banks in our mid-cap universe are currently more leveraged to their regional economies and are now seeking to expand and broad base their business into the wider national geography. This expansion where we expect banks to add a cumulative ~600 branches FY11E-FY12E should help in the long term to generate more qualitative business. Business growth to remain healthy Smaller business entities can be victims of predatory instincts of larger peers. However, our mid-cap universe banks have continued to grow with a very healthy pace (~20%+) even in a very competitive and challenging FY10. We expect these banks to show healthy business CAGR of 20-25% during FY11E-FY12E. Healthy spreads and stable to lower credit costs to improve ROA of the banks Higher interest rate scenario resulting in rising loan yields would be dominant factors to drive the margins of our mid-cap universe stocks over the next 2 years. With the higher upgradations and cash recoveries and lower incremental slippages, we expect stable to lower credit costs (as a % of average assets) which would be ROA supportive for our coverage banks. Capital infusion to strengthen bank's balance sheets Banks in our coverage universe have either recently raised capital or are in the process of receiving fresh capital from the government. Though capitalisation never affected the growth of these banks, fresh capital helps improve the risk profile of stretched balance sheets and the Tier I replenishment is essentially doing that. Risk-reward and valuations more favourable for mid-cap banks than for large cap banks We reiterate "Attractive" rating to the Banking sector as in our view, core performance of the banks would be in better shape in FY11 and FY12 than FY10 in terms of credit, margins and asset quality. At current times, we perceive risk-reward and valuations are more favourable for the mid-caps than for the large cap banks. We initiate a coverage on five banks namely Allahabad Bank and Dena Bank with "BUY" rating, Corporation Bank with "ACCUMULATE" rating and The South Indian Bank and UCO Bank with "HOLD" rating. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. |
http://in.groups.yahoo.com/group/investwise/
INVESTMENTS IN INDIA
We are low-risk, long-term investors.
Stocks, mutual funds and the entire investment gamut. Only financing/investment avenues in India will be discussed.
For any assistance, questions or improvement ideas, contact investwise-owner@yahoogroups.co.in
****************************************************************
NEW! ==== Check our LINKS and FILES sections for a world of information. REGULARLY UPDATED.
NEW! ==== Check "Tracklist" in Links and Files sections for Investment Ideas.
****************************************************************
**[investwise]** Mid Cap PSU Banks Attain New Orbit-Andhra, Allahabad, Dena and UCO Bank
Euphoria Buoys Up State Run Banks Indian mid-cap banks are characterized by typical features like a regional concentration, balance sheet size (less than or around Rs1 trillion, some are even smaller), and an earnings profile that is largely driven by core income. Majority of these are also the banks which have been besieged by problems of risk capital in the past. However, backed by a proactive government (which is infusing capital) and a conducive regulatory regime (liberalisation of branch licensing), these banks have now begun adding dominantly the organic growth factor to their strategic growth path. We initiate coverage on five mid-cap banks in this report (mid-cap universe) which are likely to strengthen their balance sheets, geographically diversify their businesses, and migrate to a better trajectory of earnings growth that has a stronger sustainability element. Investment Highlights Seeking a better geographic leverage Banks in our mid-cap universe are currently more leveraged to their regional economies and are now seeking to expand and broad base their business into the wider national geography. This expansion where we expect banks to add a cumulative ~600 branches FY11E-FY12E should help in the long term to generate more qualitative business. Business growth to remain healthy Smaller business entities can be victims of predatory instincts of larger peers. However, our mid-cap universe banks have continued to grow with a very healthy pace (~20%+) even in a very competitive and challenging FY10. We expect these banks to show healthy business CAGR of 20-25% during FY11E-FY12E. Healthy spreads and stable to lower credit costs to improve ROA of the banks Higher interest rate scenario resulting in rising loan yields would be dominant factors to drive the margins of our mid-cap universe stocks over the next 2 years. With the higher upgradations and cash recoveries and lower incremental slippages, we expect stable to lower credit costs (as a % of average assets) which would be ROA supportive for our coverage banks. Capital infusion to strengthen bank's balance sheets Banks in our coverage universe have either recently raised capital or are in the process of receiving fresh capital from the government. Though capitalisation never affected the growth of these banks, fresh capital helps improve the risk profile of stretched balance sheets and the Tier I replenishment is essentially doing that. Risk-reward and valuations more favourable for mid-cap banks than for large cap banks We reiterate "Attractive" rating to the Banking sector as in our view, core performance of the banks would be in better shape in FY11 and FY12 than FY10 in terms of credit, margins and asset quality. At current times, we perceive risk-reward and valuations are more favourable for the mid-caps than for the large cap banks. We initiate a coverage on five banks namely Allahabad Bank and Dena Bank with "BUY" rating, Corporation Bank with "ACCUMULATE" rating and The South Indian Bank and UCO Bank with "HOLD" rating. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. |
http://in.groups.yahoo.com/group/investwise/
INVESTMENTS IN INDIA
We are low-risk, long-term investors.
Stocks, mutual funds and the entire investment gamut. Only financing/investment avenues in India will be discussed.
For any assistance, questions or improvement ideas, contact investwise-owner@yahoogroups.co.in
****************************************************************
NEW! ==== Check our LINKS and FILES sections for a world of information. REGULARLY UPDATED.
NEW! ==== Check "Tracklist" in Links and Files sections for Investment Ideas.
****************************************************************
**[investwise]** Polyplex-Concenterated Ownership, Stock Unlikely To Dip unless someone dumps
Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. --- On Mon, 8/16/10, Arjun J <arjunji@yahoo.com> wrote:
|
http://in.groups.yahoo.com/group/investwise/
INVESTMENTS IN INDIA
We are low-risk, long-term investors.
Stocks, mutual funds and the entire investment gamut. Only financing/investment avenues in India will be discussed.
For any assistance, questions or improvement ideas, contact investwise-owner@yahoogroups.co.in
****************************************************************
NEW! ==== Check our LINKS and FILES sections for a world of information. REGULARLY UPDATED.
NEW! ==== Check "Tracklist" in Links and Files sections for Investment Ideas.
****************************************************************
**[investwise]** Polyplex: At 10X Cons. FY11 E EPS of Rs 110, Will This Stock cross Rs 1000? [3 Attachments]
| FYI Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. |
Attachment(s) from Maverick
3 of 3 File(s)
http://in.groups.yahoo.com/group/investwise/
INVESTMENTS IN INDIA
We are low-risk, long-term investors.
Stocks, mutual funds and the entire investment gamut. Only financing/investment avenues in India will be discussed.
For any assistance, questions or improvement ideas, contact investwise-owner@yahoogroups.co.in
****************************************************************
NEW! ==== Check our LINKS and FILES sections for a world of information. REGULARLY UPDATED.
NEW! ==== Check "Tracklist" in Links and Files sections for Investment Ideas.
****************************************************************