Indian Stock Picks - Share Ideas , News, Fundamentals

Pratibha Industries (MP 320 on 30th Nov 2007) Sector - Infrastructure, Water Supply Company website http://www.pratibhagroup.com/ Investment Horizon - Long term (1-3 Yrs) Total Share Capital 14.29 Crore Rational - A different profile in the infrastructure space, strong order-book, attractive operating margins and a steady growth in revenues provide scope for earnings growth. Pratibha Industries is in a niche area of water management projects, which has got some kind of huge scalability. News: Pratibha Industries gets order worth Rs 49.49 Cr from Jammu & Kashmir Electronic Reconstruction Agency Pratibha Industries bags Rs 41.35 cr order Pratibha Industries has bagged Rs 41.35 crore contract for expansion of Indira Gandhi International airport from Delhi International Airport Private Ltd. The project in joint venture with Pratibha Pipes & Structural and Pratibha Industries is to be executed in five months. Received contract from Asian Healthcare Services Ltd for construction o

Companies can offer upto 10% discount on Issue Price to Retail Investors. Limit of application money for a public issue for retail investors is raised from Rs 50,000 to Rs 1,00,000 PAN is now mendatory for all investor. Previously it was mendatory for application money more than 50,000

4 bidders have carried out due diligence: IFCI Board (CNBC TV18 3rg Dec 2007) The IFCI board which met on Saturday, has announced that of the eight bidders short listed for a 26% stake in the company, four have carried out their due diligence. These include the consortium of Sterlite Ind and Morgan Stanley, the consortium of WL Ross, GS Capital Partners, Standard Chartered Bank and HDFC, the consortium of Cargill Financial Services and Texas Pacific Group, and the consortium of Shensie Bank, PNB and JC Flowers. The other four bidders have dropped out of the race. Financial sector reforms lagging behind: FM (The Financial Express 3rd Dec 2007) Finance Minister P Chidambaram expressed concern over the slow progress of financial sector reforms in banking, insurance, pension and capital Markets and hoped that some breakthrough might take place in the remaining tenure of the UPA Government. "Financial sector reforms are lagging behind. We need to push through financial sector reforms

Cement prices will remain at a 'reasonable' level, says govt (The Hindu Business Line 27th Nov 2007) The Government on Tuesday said cement prices would remain at a "reasonable'' level owing to capacity addition by the industry coupled with a liberal import policy. "Cement prices have been stable for sometime. With a liberalised import regime we hope that the situation would be reasonable,'' Mr Ajay Shankar, Secretary in the Department of Industrial Policy and Promotion, told reporters on the sidelines of the 10th international seminar of National Council for Cement and Building Materials at New Delhi. Lafarge to resume Meghalaya mining this week (The Hindu Business Line 26th Nov 2007) French cement company Lafarge is resuming limestone quarrying operations and restarting movement of limestone to its Bangladesh plant this week after more than six months of complete halt at Nongtrai mine in Meghalaya. ...

JM Financial Mutual Fund + JM Basic Fund - Growth (Annual Return 92.17%) Reliance Mutual Fund + Reliance Diversified Power Sector Fund - Dividend (Annual Return 82.57 %) Standard Chartered Mutual Fund + Standard Chartered Premier Equity Fund - Growth (Annual Return 82.55 %) Standard Chartered Mutual Fund + Standard Chartered Premier Equity Fund - Dividend (Annual Return 82.55 %) Sundaram BNP Paribas Mutual Fund + Sundaram BNP Paribas Capex Opportunities Fund - Growth (Annual Return 77.31%) .. more

Ministries at loggerheads over sugar subsidies (Source CNBC TV18 29th Nov 2007) The relief package granted to sugar mills has just got a little bitter. The Finance Ministry wants only a part of the interest on bank loans to sugar mill owners to be subsidised. But the agriculture ministry is reportedly unhappy about this and wants full interest subsidy. Both the ministries are at loggerheads on the issue which is now expected to be taken up by the cabinet committee on economic affairs tomorrow. Bad times for sugar mills just don't seem to pass. Just weeks after the cabinet had approved a Rs 3800 crore sugar package for the industry, the implementation of the package has been grounded. The reason is a battle between the finance and the agriculture ministries over how much interest subsidy should be given on bank loans to sugar mills. You like Balrampur Chini , what’s the rationale for buying that stock now? Excerpts from CNBC-TV18's exclusive interview with Dipen Sheth and TS

DoT’s new proposals fail to break spectrum deadlock (The Hindu Business Line 4th Dec 2007) The spectrum allocation issue continues to be in a deadlock with both GSM and CDMA based mobile operators rejecting the new set of proposals put forward by the Department of Telecom on Monday. This was the second meeting convened by the DoT Secretary to find a solution to the spectrum battle but the operators are so sharply divided that none of them was prepared to soften their known positions. Why not cap telecom tariffs, Govt asks regulator (The Hindu Business Line 4th Dec 2007) With mobile operators recently increasing tariffs, the Government has asked the telecom regulator to review the policy of forbearance on telecom tariffs. The Ministry of Communication has asked the Telecom Regulatory Authority of India to consider whether there is a need for fixing a ceiling tariff for mobile, broadband and fixed line telephone services. As per existing norms, TRAI has allowed market forces to determ

Tatas say BHP’s Rio offer is bad for industry (Live mint.com 4th Dec 2007)Melbourne-based BHP Billiton Ltd’s proposed $134 billion (Rs5.32 trillion) bid for Rio Tinto is bad for the steel industry, said a unit of Tata Steel Ltd, India’s oldest manufacturer of the metal. The combination would create a mining giant that could vie with Brazil’s Cia Vale do Rio Doce as the world’s largest producer of iron ore, a key steel making ingredient. Iron ore prices have tripled in the past five years on rising Chinese demand, and may rise 50% next year, Macquarie Group Ltd had said last month. “When two players control 70% of the market, it’s too much for us as a steel producer,” Philippe Varin, chief executive officer of Tata’s Corus unit, said on Monday at a Paris conference. “It’s not good for the steel industry.” Metal stocks turn red hot (The Hindu Business Line 4th Dec 2007) Expectations of a hike in steel prices coupled with good demand for both ferrous and non-ferrous metals from roaring i

Hindustan Dorr Oliver Company Website http://www.hdo.in My Call - Invest Rational - 1.Environmental Engineering would become more and more important with growing industrialization, people's awareness. First movers in this area would naturally get benefit. 2. Waste and water treatments at big cities, municipalities, new townships would become very important 3. IVRCL as management group has already established themselves. 4. Exposure to MF is good. 5. Fund houses taking good exposure to this scrip. Market Cap 595.67 Cr Book Value 30.13 Dividend 25.00% Face Value 2.00 PE 34.25 HDOL, owned by the Hyderabad-based, infrastructure major, IVRCL Group is a total engineering solutions provider in the field of Pulp & Paper, fertilisers, minerals beneficiation and all kinds of water and waste treatment plants. Hindustan Dorr Oliver (HDO) is one of the few players focused on the niche area of environmental engineering solutions in India. After coming under the management of the IVRCL gro

According to USA based financial magazine 'Business Week', 13 Indian firms are among the 100 fastest growing small and mid-size companies in Asia in terms of sales and capital returns . 17th Lakshmi Machine Works 18th Kirloskar Bros 23rd Godrej Consumer Products 40th Marico 45th Colgate-Palmolive India 53rd Hexaware Technologies 60th GlaxoSmithkline Pharmaceuticals 68th Panacea Biotec 72nd Bajaj Hindustan 79th Motherson Sumi Systems 83rd Cummins India 93rd I-flex Solutions 98th Titan Industries Details @ livemint.com

Watch out for these hidden gems! 2007-11-20 15:36:08 Source : moneycontrol 1. Alps Industries Sector - Textile 2. KRBL Sector - Food Processing KRBL have the biggest rice mill in India and one of the dominant rice exporter. Having well known brand like India Gate Basmati Rice.

Ashapura Minechem (MP 361.35 at BSE as on 19/11/2007) (Exbonus - 1:1 Dated 20/10/2007) BSE Id - 527001 NSE Id - ASHAPURMIN Compnay Website - http://www.ashapura.com/ Last Dividend - Rs 3 (150%) Established in 1960 the Ashapura group is India’s largest muti-mineral solutions provider. Its flagship company Ashapura Minechem Ltd. is listed on India’s premier exchanges. Ashapura Minechem Ltd. which is a part of the BSE Midcap & BSE 500 indices was ranked 4th in terms of Net Profit growth and 21st in terms of Super Rank by Business Standard (December 2006). The multinational group has mining & mineral processing facilities in Belgium, Nigeria,Oman and Malaysia; in India it operates from Gujarat, Maharashtra, Karnataka, Kerala, Andhra Pradesh and Orissa. The Ashapura group is one of the largest exporters of traded bauxite in the world and is amongst the world’s top five Benonite companies. Ashapura also dominates the value added segments in the country for Bleaching Clay, Geosy

Gati Ltd (MP 129.95 as on 16/XI/2007) BSE Code - 532345 Company Website - http://www.gati.com Sector - SUPPLY CHAIN MANAGEMENT Company Profile Gati is a leader in express cargo delivery and a pioneer in distribution and supply chain management solutions in India since 1989. We at Gati Limited take immense pride in our status as pioneers in the Indian cargo and logistics management industry. Headquartered in Secunderabad, Andhra Pradesh, our network extends across the Asia Pacific and we also have an office in Singapore - Gati International. We provide customers with quality service through speedy and efficient movement of cargo. We also offer top-of-the-line supply chain management services across India, the SAARC countries and Asia Pacific markets. Having started out in 1989 as a cargo management company, we have grown into an organization with 6400 dedicated professionals and a turnover of Rs 4577 million. Our business philosophy is to integrate the latest and best technological

Fundamental Analysis (date of publishing not available) Very basics of Fundamental Analysis and explains terminologies like EPS, P/E, Dividend Yield, Dividend Payout Ratio, Book Value, Price / Book, Price/Sales, Return on Equity (ROE) Technical Analysis (date of publishing not available) Basic Introduction, deals with concepts like Moving Averages, Relative Strength, Momentum, Charts, Volume,

1. Growth stocks can make you rich! (January 05, 2005) Intro to Share market 2. Sensex? What's that? (December 10, 2004) Basic about Sensex 3. Spot a good stock. Win big! (February 08, 2005) Talks about PE, EPS, Forward EPS (Very basic)

What's short-selling of shares? (ET 13th Sept 2007) What is short-selling? Short-selling, in the context of the stock market, is the practice where an investor sells shares that he does not own at the time of selling them. He sells them in the hope that the price of those shares will decline, and he will profit by buying back those shares at a lower price. In India, there is no prohibition on short-selling by retail investors. Institutional investors —domestic mutual funds and foreign institutional investors registered with the Securities and Exchange Board of India (Sebi), banks and insurance companies — are prohibited from short-selling and are mandatorily required to settle on the basis of deliveries of securities owned and held by them. How is short-selling beneficial? Short-selling is considered an essential feature of the securities market not just for providing liquidity, but also for helping price corrections in over valued stocks. Supporters of short-selling claim its abs

My Share Ideas Infrastructure 1. Gateway Distripark ++ ( FI & FII increasing exposure) Power 1. KEC International (needs more study) The Hindu Recommends Buy 2. WS Industries ++ ( promoter's stake 41.97% ) 3. Indo Tech Transformer +++ (highly recommended by Brokers) Jewelry 1. Surana Corp. Engineering 1. Shanthi Gear Shipping 1. Hariyana Ship Breakers (+, bit risky)

I am writing this blog mainly as a notebook of mine, where I keep note of the shares I intend to buy (finally may not end up buying at all). I try to collect information from various sources, with best of my belief that they are correct and accurate. At times I take them seriously and at times not. I try to mention the source, whenever possible, so that the viewer, if interested may crosscheck it. I welcome viewer to read them and make their comments. My request to viewers would be to use other sources and own judgment before taking a call of any shares mentioned here. Moreover, I would always try to be accurate and correct to best of my ability, but I never guarantee the accuracy and correctness of the information provided here. Viewers would be using information provided here at their own risk. I won't be liable for any loss whatsoever for transaction based on the information provided here.