After reporting a loss for the December 2011 quarter, the share price of Eveready Industries shot up significantly instead of correcting. Book profits and buy later.
* Numeric Power has entered into a Business Transfer agreement with M/s Indo Asian Electric Pvt Ltd. a wholly owned subsidiary of Legrand France SA, to sell its UPS business for a consideration of Rs.837.08 crore in all cash deal. At the current market cap of Rs.270 crore, it’s still worth a buy.
* Sasken’s Board has approved the buy-back of shares utilizing maximum Rs.86.50 crore at a price not more than Rs.180 per share. Scrip may see some rally once the actual buy-back begins. Wait and Watch.
* Last week, Tecpro System suddenly witnessed some selling pressure and the scrip shaved off Rs.30 in a couple of trading days. Buy now and accumulate at further declines.
* Alfa Laval crosses Rs.3400 in the open market. Does that mean that the buy-back price is revised to Rs.4000+?
* HDFC becomes a smart pick now that Citi gets out of it and some more prominent stakeholders buy Citi’s shares.
* IVRCL and LITL to gain as they are selling their land banks and now concentrating on infra projects - their core business.
* M&M goes the Modi way. Yes Gujarat’s gain is Maharashtra’s loss. No wonder real estate prices are also scaling up in Gujarat!
* BPCL is up on the rationale of diesel decontrol HPCL an IOC are yet to follow suit, switch BPCL to HPCL or IOC.
* Motilal Oswal is “der aaya durust aaya” now that it enters with Gold ETF to be deliverable in gold of 995 purity in 10gms unit.
* Aries Agro is expected to post an EPS of above Rs.20 in FY12. The share can be grabbed for decent gains.
* The shares of Fairfield Atlas, Honeywell, BOC and Kennamental rose on the hope of delisting offer.
* The counter of Trend Electronics (formerly Videocon Communications) was bullish on expectation of good results by the company going forward.
* The shares of Bharat Gears can be bought for decent gain as based on the going, the company is all set to post an EPS of Rs.25 in FY12 and Rs.35 in FY13. The share is poised to touch Rs.100 mark shortly.
* Numeric Power has entered into a Business Transfer agreement with M/s Indo Asian Electric Pvt Ltd. a wholly owned subsidiary of Legrand France SA, to sell its UPS business for a consideration of Rs.837.08 crore in all cash deal. At the current market cap of Rs.270 crore, it’s still worth a buy.
* Sasken’s Board has approved the buy-back of shares utilizing maximum Rs.86.50 crore at a price not more than Rs.180 per share. Scrip may see some rally once the actual buy-back begins. Wait and Watch.
* Last week, Tecpro System suddenly witnessed some selling pressure and the scrip shaved off Rs.30 in a couple of trading days. Buy now and accumulate at further declines.
* Alfa Laval crosses Rs.3400 in the open market. Does that mean that the buy-back price is revised to Rs.4000+?
* HDFC becomes a smart pick now that Citi gets out of it and some more prominent stakeholders buy Citi’s shares.
* IVRCL and LITL to gain as they are selling their land banks and now concentrating on infra projects - their core business.
* M&M goes the Modi way. Yes Gujarat’s gain is Maharashtra’s loss. No wonder real estate prices are also scaling up in Gujarat!
* BPCL is up on the rationale of diesel decontrol HPCL an IOC are yet to follow suit, switch BPCL to HPCL or IOC.
* Motilal Oswal is “der aaya durust aaya” now that it enters with Gold ETF to be deliverable in gold of 995 purity in 10gms unit.
* Aries Agro is expected to post an EPS of above Rs.20 in FY12. The share can be grabbed for decent gains.
* The shares of Fairfield Atlas, Honeywell, BOC and Kennamental rose on the hope of delisting offer.
* The counter of Trend Electronics (formerly Videocon Communications) was bullish on expectation of good results by the company going forward.
* The shares of Bharat Gears can be bought for decent gain as based on the going, the company is all set to post an EPS of Rs.25 in FY12 and Rs.35 in FY13. The share is poised to touch Rs.100 mark shortly.
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