STOCK BUZZ

Buy IFCI Ltd 66,69,70. Stop loss 58

Buy for may 28 th ( Reliance Petroleum) Reliance Petroleum is good buy and hold for delivery for next 6 to 8 months. This is real gold which will shine brightly in next 6 to 8 months.

Buy Bhushan Steel Ltd. -> 770, 775, 780. Stop Loss 760.

Buy Housing Development & Infrastructure Ltd. -> 772, 780, 785. Stop loss 765.

  Sell PFC                    <139.25,130>21.5,22.15,23.5 sl 20.5 Buy Tech Mahindra     >840.1,853,878 sl 835 -- Regards, Paresh

The rising food prices is a matter of concern and needs immediate global response. We need to build a global platform for dialogue and action to manage the crisis, according to the Confederation of Indian Industry (CII), in a statement issued here today. "The entire issue of food prices needs to be seen in a global perspective and not just seen as an issue emanating from specific countries. There is a need for greater flow of global information on food production & consumption and cuts in food wastage, said Chandrajit Banerjee, Director General, CII. We are setting up a Task Force to look into this area, he added. CII is of the view that the current crisis has been created due to several reasons. The main factors for the crisis include diversion of food to bio fuels, changing weather conditions across the globe leading to droughts which mean lower food production in several countries and huge agricultural subsidies which encourage leaving agricultural land fallow to mainta...

The market performance over the last couple of days has not been promising and does not show any signs of stability. The current scenario is not favorable for any kind of new activity in the market. It would be advisable to just relax for a bit and wait for the market to stabilize.

Buy for May 20 Buy Bombay Dyeing >982.3,993,1010,1016 Stop Loss 978 Buy Cairn >302.1,304.5,308,315 Stop Loss 298.8.

World Biggest problem : Inflation A table of inflation rates in many countries around the world is beginning to reveal a disturbing picture. The lowest rate is found in Germany – at 3.0%. Many emerging countries that seem to be doing a truthful job are reporting inflation rates in excess of 10% and some in excess of 20%. Others, either out of deliberate intent or methodological deficiencies, report far less. India belongs to the latter category. Inflation is the world’s number one problem. Governments are pretending to respond. In the UK, Mr. Gordon Brown wants to assemble experts to debate solutions. The Indian finance minister says that western nations are diverting land for producing expensive bio-fuels to replace the expensive crude oil. Surely, that is part of the problem. But that does not explain the jump in the price of rice. Rice is not diverted to bio-fuel production . In India, the response has been to reduce import duties, impose export caps and accuse manufacturers and dis...

Buy Simplex Infrastructures Ltd. -> 566, 575, 589. Stop loss 520

Everyone dreams of owning a piece of land in IT city, but that land might just be harder to come by if the realtor's lobby finds place at Vidhana Sodha. It's a business that made landowners in Bangalore millionaires overnight. As the city turned from pensioner's paradise to IT hub, land became the most sought after commodity here. But over the last few years, this land has become concentrated in the hands of a few and the worrying factor is that the landlords are now looking to become policymakers. Kupendra Reddy, a contestant from Bommanahalli, and one of the richest candidates in these elections, holds around 240 acres of land in Bangalore's prestigious HSR layout, where prices have crossed Rs 15 crore an acre. "I come from infrastructure brand. I know infrastructure very well, how to develop cities, roads, how to put satellite townships, provide schools, hospitals, etc.," he defends. . And the one thing that rings common to all these public facilities is ...

Source : Moneycontrol For the first time in India, Pidilite is launching Heatshield, a heat-reducing exterior coating that is sure to bring down the temperature by 5-6 degree Centigrade and make your interiors cooler this summer. Dr. Fixit Heatshield, the latest product from Pidilite reduces internal temperature of a structure by reflecting most of the solar heat (75%) back into the atmosphere. It forms a very high, heat resistant barrier with ultra-violet protection. The use of Dr. Fixit Heatshield can cut electricity bills for air-conditioning and air coolers substantially. It can be applied on a wide variety of roofs or exposed surfaces such as concrete, asbestos and metal where heat build-up is extensive. The major benefit of using Heatshield is low thermal conductivity. It can withstand prolonged exposure to solar radiation and intense heat. “The new and effective Dr. Fixit Heatshield ...

Buy Kalpataru Power Transmissions Ltd. at Rs. 1035, 1080, 1090. Stop Loss Rs. 999. The stock is trading at lower end of its 52 Weeks High/Low, and its PE is around 16. The average PE for the energy sector is around 22. We expect the stock to move higher in next couple of Days.

Source: Rediff.com Has anyone thought why there has not been a single instance of terror in the United States of America post- 9/11 unlike India where such attacks occur almost every day? The difference lies in the desire to study the problem scientifically and take remedial measures.... We do not have the political will to fight terrorism....When new challenges come, new solutions also have to be found. Terrorism is a gift of the last century� Terrorist acts require an altogether new type of investigation. It requires new laws and new methodologies. A study should be conducted to identify the causes and suggest remedies. But there is no serious study in our country' -- Former Chief Justice of India R C Lahoti .How many more terrorist attacks should occur, and how many more lives should be lost, before the powers-that-be in India awake to the fact that practically every human being that lives, every building that stands, every vehicle that moves and every activity that goes on in ...

Buy Bharat Bijlee Ltd. at 2200, 2225. Stop loss 2100.

From last 2 days our executives were busy with our High profile clients. Due to extreme demand we were not able to post any updates for Monday and Tuesday. Sorry for Inconvenience Daily Update for India Stock Market : Nifty is at a crucial level. If Nifty 4899 ;evel is broken panic selling will start and on the upside 5034 has a crucial resistance. Free day trading tips for Indian potential winner stocks suitable for day trading: Sell Indus Ind bank 266.25,268.4,278 sl 264.

If high prices have been holding you from buying your dream house all these years, here’s something to cheer about. In the first quarter of this year, there has been a 15-20% price correction in markets across the country, especially in the residential segment. In fact, in many markets, the level of transactions have gone down drastically, which has resulted in this dip. This is also because residential capital values in some micro markets in the metros have shown a negative growth in the last one quarter. After tracking capital values in metros such as Mumbai, Chennai, Bangalore as well as Pune and the National Capital Region (NCR), the result was that either there has been a fall in prices of residential values or they have not increased in the last three months. In fact, places like Gurgaon have seen a dip of 15%, while the plot rates have come down by 20% in Noida. In Greater Noida, the plots which were selling at Rs 55,000-60,000 are now available for Rs 40,000 to Rs 45,000. In In...

STRATEGIC ADVANTAGE HIGHLIGHTS Best of world crude oil has already been tapped and newer ones are high dense with high sulphur which needs special refinery and RPL is few among the one. Most of refineries are set to process high quality only. Norms of emissions are now becoming strict (US, EUROPE) and existing refineries are inflexible to meet this norms. * Demand could outstrip refining capacities and existing refineries unable to process so called dirty crude may have to be shut down * Heavy (dirty crude) is cheaper than light crude around 5 dollar/barrel and RPL can capitalize on it. * This leads to gross refining margin go up with the ability to produce superior products from cheaper crude. * Some of other refineries that plan to expand also will complete their project only on 2011. * RPL will be one of the 5% with ability to process heavier crude in the world. * But capital cost for a high tech refining set up is higher than older method by 4 dollar/barrel/...

Reliance Petroleum, RPL, entered into the capital market on April 13 with a public issue of 135 crore equity shares of Rs 10 each for cash at a premium to be decided through 100% book building route. Reliance petroleum will start its production in late 2008.So its first full financial year of production will be FY 2010.i.e. 1st April 2009 - 31st March 2010. According to the official site, the production capacity of Reliance Petroleum will be 580000 barrels per day.The profits of RPL will depend mainly on two factors. -International crude oil prices and petrol prices. -Rate of Indian Rupee. 0.58 million barrels a day = 211.7 million barrels a year. An optimistic view - Reliance will have GRM (Gross Refining Margins) of $14 a barrel and US $ will be at Rs 41. (Reliance's refinery had a GRM of $15 last quarter and this is the best ever achieved by it.) This will take the gross profit figures to Rs 12151 crore a year. Reliance Petroleum has 450 crore shares. Thus eps (am assuming using...

Buy Dena bank at 62, 63, 65. Stop loss 58.

Buy Reliance power at 400, 405. Stop Loss at 395. As per our previous post, buy Reliance power at above price. The Stock price will rise to 430, at its initial issue price and hover around 430- to 440 until the bonus issue date. We expect the stock to fall sharply after the bonus issue. For the very experienced traders, there is ample opportunity in the market to short these shares now, we expect the shares to fall sharply after the bonus issue. The fundamental behind the short sale is : this stock is up purely based on speculation and no performance. Another stock to compare would be Reliance petroleum. Reliance petroleum is also gaining momentum based on speculation, but we do not recommending shorting Relpet because Reliance petroleum is approaching first phase of completion, whereas, RPower is no where close to any of its project completion.

Mumbai, May 5 (UNI) Reliance Power Limited today clarified and reiterated that those holding shares of the Company as on June two are eligible to receive the bonus shares to be issued by the Company. The Company, which had the world's largest shareholder community of 4.2 million, has in response to queries from investors and market participants said all shareholders of Reliance Power, who as per the Company's records hold shares as at the end of business hours on June 2, 2008, irrespective of whether such shares were subscribed by the shareholders in the Company's Initial Public Offering (IPO) or purchased/acquired from the secondary market or otherwise after the IPO, shall be eligible to receive the bonus Shares, it said. Reliance Power will issue bonus shares in the ratio of three new equity shares of Rs 10 each for every five existing equity shares of Rs 10 each held, to the public shareholders of the Company. On April 25, 2008, Reliance Power had intimated to the exchan...

Where's my stimulus payment (tax rebate)? The IRS recently posted a new interactive worksheet on its Web site, "Where's My Stimulus Payment?" It's intended to help taxpayers determine the status of their stimulus payment: how much it is, when it should arrive, and how it will be delivered. You only need three pieces of information to use it: the Social Security number of the first person listed on the tax return, filing status (single, married filing jointly, etc.), and the number of exemptions claimed on the return. You are welcome to try it, but don't be surprised if you end up frustrated. The IRS interactive indeed told how much my husband and I, who filed separately, would receive of the basic stimulus payment by this Friday. But didn't explain why we wouldn't get credit for our 14-year-old daughter, whom my husband claimed as a dependent. Several colleagues and commenters on this blog tried the system and got the equivalent of no answer at all. On...

DLF has written back Rs 800 crore from Q4 profit before tax (PBT) on reversal of sale to DLF Assets, reports CNBC-TV18. DLF’s Q4 PBT could have been Rs 3,500 crore versus the reported Rs 2,704 crore. The reversal of sale is on account of properties not qualifying as IT/ITes SEZs. DLF Assets has raised USD 450 million from London-based Symphony Capital, said Rajiv Singh, Vice-Chairman, DLF. CNBC-TV18 had reported earlier that DLF Assets Ltd was to take the private trust route instead of REIT till markets stabilize.

Networth Stock Broking has maintained its buy rating on Bharti Airtel with a target price of Rs 1269 in its May 2, 2008 research report. "Bharti reported strong set of numbers during Q4FY07 surpassing street’s expectations. The total revenues grew by an impressive 12.3% qoq to Rs 78.2 billion, driven by strong performance in mobile business and Long distance business, which have reported a sequential revenue growth of 14.4% and 10.8% respectively, however margins have dipped on qoq basis. The overall EBITDA margins declined by 100 bps to 41.6% on the back of transfer of tower assets to Bharti Infratel, increased sales and marketing cost and reduction in tariffs. PAT margins also registered a dip of 100 bps and grew by 7.6% qoq to Rs 18.5 due to the higher finance charges of Rs 2157 million comprising a forex loss of Rs 1264 million." "We expect total revenues to grow at a CAGR of 30.5% over FY08E-10E and PAT to grow at 30% CAGR over the same period. Our target price i...

The Reserve Bank of India has announced the auction of 364-day Government of India Treasury Bills for notified amount of Rs.3500 crore (Rs.1000 crore under the regular auction calendar and Rs.2500 crore under the Market Stabilisation Scheme (MSS)). The auction will be conducted on May 7, 2008 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to the terms and conditions specified in the General Notification No. F.2 (12)-W & M/97 dated 31st March 1998 issued by Government of India and as amended from time to time. Tenders should be submitted in the prescribed form on Wednesday, May 7, 2008 by 12.30 P.M. Results will be announced on the same evening. Payments by successful bidders will be on Friday, May 9, 2008.

Buy for May 2nd 2008 Buy TVS motors >43.8,44.9,46 Stop loss 41.8 Buy Tata Steel >823.75,827.80,837.45 Stop Loss 816.9