Buy !! Buy !! Buy ( 6 months Investment )


Godawari Power and Ispat Limited


NSE : 211.05 , BSE : 210.20




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Bank of India


Bank of India signed the acquisition deed for acquiring 76% stake in PT Bank Swadesi, Indonesia. Bank Swadesi is a well run mid sized bank, operating in Indonesia for the last 38 years,having 16 outlets. Bank Swadesi holds the licence for forex business and is listed on the Jakarta Stock Exchange.

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Future Plans

The Mumbai based Rs 4.6 billion plus pharma company; Elder Pharmaceutical is expanding its research and development facility at Navi Mumbai, with the investment of around Rs 100 million. The new expansion will be complete within six months. The company is targeting a turnover of Rs 10 billion by 2010

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