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stock market analysis for the week 12 Dec 2011

admin — Mon, 12 Dec 2011 02:21:25 +0000

Last week, the Sensex opened at 16812.30, attained a high at 17003.71 and fell to a low of 16142,32 before it closed the week at 16213.46 and thereby showed a net fall of 633 points on a week-to-week basis.

Support will be in the lower range of 15902-15041. Resistance will be at 16453-16764-17010. Further strength may be seen above 17010. If that happens, then expect a rise towards 17278-17910.

EdServ – Stock Investment

admin — Tue, 16 Aug 2011 03:14:48 +0000

EdServ is World’s first 4th generation education company that uses technology to efficiently synchronize manpower demand and supply in number and skills right from development to deployment.

EdServ Softsystems Limited is incepted in Mar 2001 as Lambent Softsystems P Ltd., with an objective of providing niche training solutions, customised software solutions, and placement consulting on contract as well as permanent basis to both Corporate and Institutional clients. The company successfully provided staffing solutions to premier clients during 2002 to 2004

The company has developed web based applications and mobile applications which will enable users to access Edserv turorials and other career related services on mobile. The company has created applications on various formats including applications for Blackberry and for Smartphone and has tied up with Blackberry and Samsung

The company has achieved over 100% jump in Sales Revenues, OPM of over 47% and a PAT of Rs.41.22 crores resulting in an EPS of Rs.27. At the CMP of Rs.137, the stock trades at a PE Multiple of 5.10.

Ingersoll Rand – Stock Investment

admin — Wed, 11 May 2011 02:37:34 +0000

Ingersoll Rand

Ingersoll Rand is a $14 billion global diversified industrial company, driven by employees who are proud to offer products and solutions people use every day to create a positive impact in their world. Driven by a 100-year-old tradition of technological innovation, we enable companies and their customers to create progress.

The $300 House project began as a challenge to businesses in a Harvard Business Review blog post by Dartmouth College professor Vijay (V.G) Govindarajan, Earl C. Daum 1924 Professor of International Business and the Founding Director of Tuck’s Center for Global Leadership, and Christian Sarkar, an independent internet disruptive innovation consultant.

For FY11, company reported excellent financial numbers, registering a 31% year-on-year growth in its topline and a 45% rise in bottomline. It clocked sales of Rs. 499 crore, up 31% from Rs 382 crore in the earlier year. With EBITDA of Rs 107 crore, it successfully maintained EBITDA margins around the 21.5% mark, same as the previous year.

PAT growth was higher in FY11 to Rs 69 crore, from Rs 47 crore in FY10, improving PAT margin significantly to 13.8% from 12.4% twelve months ago. EPS for FY11 is Rs 21.74 as against Rs 15.01 for FY10.

A consistent dividend paying company, it paid Rs 3 per share as interim dividend for FY11 and declared a final dividend of Rs 3 per share for the year, aggregating to FY11 dividend of 60% on Rs 10 face value equity shares. The dividend pay-out ratio for FY11 is thus a healthy 28%.

As of 31-Mar-11, company�s equity was Rs 31.57 crore and reserves and surplus stood at Rs 788 crore, aggregating to a networth of Rs 819 crore. The resultant BVPS works out to Rs 259, as of 31-Mar-11.

Like many other MNCs, this company also has zero debt on its books with a cash surplus of Rs 536 crore, leading to cash per share of Rs 170.

The company�s current market cap is about Rs 1,572 crore and enterprise value at close to Rs 1,036 crore. This discounts the historic earnings by 14.3 times, based on cash-adjusted share price. Estimating FY12 EPS of about Rs 28, the cash-adjusted PE works out to less than 12 times, based on one-year forward earnings. On a PBV basis, the multiple is about 1.9x, again very attractive.

Company was rumoured to be undertaking a buy-back of shares, which was later denied by its parent. However, given 74% holding by the foreign parent backed strong fundamentals and improving financial performance.

Sensex india today | BSE Sensex today | Today sensex | Sensex news | Sensex BSE | Sensex live

admin — Wed, 20 Apr 2011 16:30:28 +0000

Indian market rallied northward today on positive set of cues from global peers. Normal monsoon forecast, also supported the market to end in green. BSE’s benchmark Sensex closed at 19470 up by 349 points. NSE’s Nifty closed at 5851 up by 110.90. Financial sector moved along with rally on expectations of normal monsoon rains this year will strengthen the prospects of farm output in a country that depends largely on the annual monsoon for irrigation. The upbeat result posted by HCL technology pushed up IT stock to move along with rally.HCL touched its 11 year’s high by zooming up 9.2 percent on its result beating street estimates. TCS also moved up by more than 4 percent ahead of its result schedule tomorrow. But the companies named in a telecoms graft scandal plunged in huge volumes after a court rejected bail pleas of their executives. All the sectoral indices closed in the green led by Auto, IT and Metal each gaining more than 2 percent each. Overall market breadth was positive with 1962 advances against 951 declines.

bse sensex today | sensex today | bse sensex live

admin — Thu, 14 Apr 2011 02:33:05 +0000

Auto stocks closed firm today and the key gainers were Hero Honda, M&M, Maruti and Tata Motors. As per a leading business daily, auto major Tata Motors is looking to add fresh capacity for its small car Nano as it expects the Sanand plant in Gujarat to run at full capacity within a few months. At present, the company is producing 12,000 units a month and this is expected to reach full capacity at 20,000 units per month in the near term. This means that Tata Motors will have to consider fresh capacity to meet demand. The company has yet to decide whether this new capacity will be at the Sanand plant itself or at its Pantnagar plant where it used to produce Nano in limited quantities. Meanwhile, demand for the Nano appears to have gathered steam. The company expects an increase in the number of first time buyers purchasing the Nano.

Shrugging off a weak opening, Indian stock markets gained momentum thereafter led by buying activity across index heavyweights. Subsequent hours saw the indices inching upwards and this buoyancy was sustained in the final trading hour as well ensuring that the markets closed well above the dotted line. While the BSE-Sensex closed higher by around 434 points (up 2%), the NSE-Nifty closed higher by around 126 points (up 2%). The BSE Midcap and BSE Small cap also closed higher by 1% each. Gains were largely seen in FMCG, banking and auto stocks.

Talwalkars Fitness – Stock Investment

admin — Mon, 11 Apr 2011 01:40:12 +0000

BSE Code : 533200

Talwalkars Better Value Fitness (TBVFL) plans to open 65 new health clubs across the country as it attempts to focus on the home market to gain a larger share of the customer’s wallet and wider market penetration. The company will invest around Rs 100 crore for the rollout of 65 gyms pan-India. Of this, Rs 70-75 crore is being allotted for Talwalkar gyms. It plans to have 40 more Talwalkar gyms across metros, tier I and II cities in this fiscal year and 25 specialty format Hi Fi gyms in tier III and IV cities.

The first Hi Fi gym is scheduled for launch next week. The next two quarters will see the launch of ten Hi Fi gyms. Talwalkars has been on an aggressive expansion mode since its IPO in May 2010. It added 36 health clubs in fiscal 2010-11. The company plans to have 300 health clubs by 2015. The stock is very attractive at this level.

Zicom Electronic Security Systems – Stock Investment

admin — Thu, 31 Mar 2011 16:54:23 +0000

Incorporated in the year 1995, Zicom is a pioneer in the field of Electronic Security in India. With a history of offering high quality products and solutions to the most complex projects in the country, the name Zicom has now become synonymous with electronic security in India

Zicom became India’s first Electronic Security Systems company to get listed on the Indian Bourses.
The company installed the Country’s First Central Monitoring Station.

Zicom Electronic Security Systems Ltd has informed that consequent upon the sale of Company’s electronic security system business to Schneider Electric India Pvt. Ltd (Schneider), in accordance with the Business Transfer Agreement (BTA), the business of the Company’s subsidiary at Hongkong, viz. Zicom Manufacturing Co. (HK) Ltd, has been discontinued. It was therefore decided to sell off the Company’s entire stake of 76% in the said subsidiary at a lumpsum price of HKD 23,48,000 (approx INR 1,43,23,000/-).

Buy Cairn India

admin — Sat, 19 Feb 2011 06:36:45 +0000

Cairn India

BSE Code : 532792

Cairn India’s strategy is to establish commercial reserves from strategic positions in high potential exploration plays in order to create and deliver shareholder value. In the implementation of this strategy, Cairn India focuses on material positions that are capable of providing significant growth through exploration.

Cairn India announced strong results. Its consolidated net profit surged 590.9% to Rs 2010.12 crore on 525% spurt in net sales to Rs 3096.44 crore in Q3 December 2010 over Q3 December 2009.Its average production was 1,24,861 barrels of oil per day (bopd) from Rajasthan compared to 15,430 bopd in Q3 December 2009-10. The oil price realisation was $74.8 per per barrel (bbl) in Q3 December 2010 compared to $66.1 per bbl in Q3 December 2009.With increasing cash inflows, the company replaced its Rupee facility of Rs 4000 crore ($850 million) with a lower financing facility of Rs 2250 crore ($500 million). The new financing facility was raised through rupee unsecured non-convertible debentures at competitive commercial terms. In an another development, ONGC has announced that its approval will not be needed for Cairn-Vedanta deal. Also, it has said that the royalty related matter will also be decided by Oil Ministry. So, the big hurdle for Cairn is also no more there. It will get momentum next week itself.

Daily Technical Analysis – 15 Feb 2011

admin — Tue, 15 Feb 2011 03:17:41 +0000

Last week, the Sensex opened at 18135.02 attained a high of 18180.94 and fell to a low of 17295.62 before it finally closed the week at 17728.61 and thereby showed a net fall of 279 points on a week-to-week basis. The recovery on Friday from the low of 17295.62 to 17728.61 reduced the loss on at a weekly closing basis.

The BSE Small Cap index has resistance at 7926-8160-8617. The resistance could be tested if last week low of 7471 remain intact.

Hold short positions with a stop loss of 18180 and look to cover shorts at current price or at lower range of 172789-16403 range as the opportunity arises.

The BSE Mid Cap index has resistance at 6775. If the same gets crossed, then we could have a reversal move for a pullback of the fall from the peak of 8791 to 6182 on the assumption that 6182 is not violated.

Free Day Trading Stock Tips – 4 Feb 2011

admin — Fri, 04 Feb 2011 03:07:54 +0000

BUY DLF Stop Loss 235 Target 269

Sell Tata Communications target of Rs 205

BUY Rashtriya Chemicals and Fertilisers Stop Loss 79 Target 97

Buy Jindal Saw around Rs 212.1-215.5, SL Rs 210.1, TGT Rs 220.9-229.7

BUY Balrampur Chini Mills Stop Loss 71 Target 84

Sell Cummins India around Rs 694-714,SL Rs 723, TGT Rs 665-616

Buy ONGC target of Rs 1365

Buy UltraTech Cement target of Rs 1235

Buy Madhucon Projects target of Rs 171

BUY Jaiprakash Associates Stop Loss 82 Target 96