Balrampur Chini Mills

Balrampur Chini Target 180 . Buy Soon

Posted by : StockTips
Price when posted : BSE: Rs 143.15 ( -3.24 % ), NSE: Rs. 143.10 ( -3.31 % )

Balrampur Chini Target 180 . Buy Soon . Good stock to hold...

SHANKAR SHARMA SHOULD CAREFULL IN GIVING STATEMENT

Posted by : hansal77
Price when posted : BSE: Rs 144.70 ( -2.20 % ), NSE: Rs. 144.85 ( -2.13 % )

I agree with MAX...They bring SS on CNBC when they want to offload or buy.

I remember in the last 5 months, SS has come nearly 3-4 times.

Once he said markets will go to 19K. From next day onwards markets began tanking.

Then a month later he said, markets will goto 12K. Mkts turned from 13.5K to 17K :)

Across world, companies are posting good results. Indian companies are also showing strong numbers.

Expect the reverse to happen. Markets will correct since again the run-up has been fast. 400 NF points. But not to 12K levels....

SHANKAR SHARMA SHOULD CAREFULL IN GIVING STATEMENT

Posted by : maximindia
Price when posted : BSE: Rs 144.40 ( -2.40 % ), NSE: Rs. 144.30 ( -2.50 % )

Mr UDAYAN is himself more than Shankar Sharma.Both ways.I always buy when both says SELL.I still remember Udayan famous words SATYAM REAL VALUE IS rS 10.I dnt know weather he remember it today when Satyam price is 115....

Agriculture Minister to intervene

Posted by : cmet
Price when posted : BSE: Rs 146.40 ( -1.05 % ), NSE: Rs. 146.70 ( -0.88 % )

News reports in Business Standard today report that the Agriculture Minister will hold a meeting with the Uttar Pradesh sugar manufacturers and representatives of cane growers to end the imp0asse on prices and supply of can.
The mills are ready to begin crushing ops but the farmers are demanding a price of Rs 280 per quinral which the mills are not agreeable to pay. The standoff is affecting everybody concerned as the sugarcane loses its sucrose content if not crushed at the right time. The nation is badly in need of sugar as the demand is far in excess of the production. By the delay it is the farmer also who loses. Political parties have all taken sides with the farmers as they find this as an opportunity to win brownie points.
The political parties fuel such demands as they feel that the mills are earning exorbitant profits with sugar prices ruling at Rs 40 per kg in the wholesale markets.
The faster this issue is resolved will benefit all parties concerned.
The problem does not exist in Maharashtra where the sugar mills have paid a reasonable price to the farmers and have started crushing already.
Sugar companies are therefore politically sensitive stocks and their share prices factor in this element....

TODAY IN DNA MUMBAI REPORT:DEAL NOT DEAD

Posted by : Sason
Price when posted : BSE: Rs 147.95 ( 0.37 % ), NSE: Rs. 148.00 ( 0.44 % )

You cant compare the two ... one is a perishable commodity and the other is precious metal ... gold can be stored for years and later sold but hte same is not the case with sugar... moreover RBI bought the commodity (gold) and Bajaj is buying the firm (not sugar but balrampur chini) ... so no point comparing the two... but nonetheless I hope the stake sale is finalized as soon as possible giving the shareholders good price for the shares ......

LOL

Posted by : Mona123
Price when posted : BSE: Rs 147.95 ( 0.37 % ), NSE: Rs. 148.00 ( 0.44 % )

i dont get y u guys r so bullishh on sugar sector...wht u think...d sugar prices gonna go to Rs. 100 per Kg...lol...if nt den y r u recommendin des shares...d maximum des shares can go up is 10-20 %...dat tooo ven d operator gonna trap retailors...
guys...dis might b d last leg ov d market..so better buy dos shares which r trading on low PE..n hv price between Rs 5-50.....d quickly u gonna find dem..d more u can gain..
o yeh .. c my call ov RELIANCE which i gave on 4th ov nov..BOOK 25 % PROFITS HERE IN RELIANCE..nxt target ov reliance 2080...n final target 2200.....

TODAY IN DNA MUMBAI REPORT:DEAL NOT DEAD

Posted by : maximindia
Price when posted : BSE: Rs 147.95 ( 0.37 % ), NSE: Rs. 148.00 ( 0.44 % )

Y RBI bought 200 tonnes gold now.They could hv bought one year back at 25%cheaper. Same logic u apply 4 bhl.Deals happen when buyer feel it is a good deal now than future....

TODAY IN DNA MUMBAI REPORT:DEAL NOT DEAD

Posted by : Sason
Price when posted : BSE: Rs 147.95 ( 0.37 % ), NSE: Rs. 148.00 ( 0.44 % )

The Balrampur chini owners may want to exit the sugar sector when the sector is at its peak ... there would be upside for the next 3-4 quarters or so but after that it would settle to normal levels ... the point that is confusing me as to why Bajaj Hindustan wants to buy the company now ... they could have bought it one year back at almost 1/5 the current price or they can wait for a year or so ...
I also feel that either the news is baseless or sonthing is surely cooking ......

TODAY IN DNA MUMBAI REPORT:DEAL NOT DEAD

Posted by : Sason
Price when posted : BSE: Rs 147.65 ( 0.17 % ), NSE: Rs. 147.50 ( 0.10 % )

Balrampur Chini faces resistance at 149-150 ... once it crosses the level it can again start its upward journey ... If Balrampur Chini management is selling its stake due to political problems in UP then why is Bajaj hindustan buying it ... Moreover if Bajaj Hindustan is buying "a finished story" then why are you recommending the stock ......

TODAY IN DNA MUMBAI REPORT:DEAL NOT DEAD

Posted by : Sason
Price when posted : BSE: Rs 147.00 ( -0.27 % ), NSE: Rs. 147.80 ( 0.31 % )

If at all there is any offer from bajaj hindustan at 160 ... we can safely assume that the open offer price would be at least around 170-180 (at least)... so potentially there is a possible upside of 10-15% in the stock ... do you have any other news regarding the stake sale......

What to do HOLD or SELL

Posted by : c2_gaurav
Price when posted : BSE: Rs 147.40 ( 2.65 % ), NSE: Rs. 147.35 ( 2.47 % )

I bought BChini at 46. Either i hold or sell & what is future of the stock ????...

Its time to hold or sell

Posted by : c2_gaurav
Price when posted : BSE: Rs 147.40 ( 2.65 % ), NSE: Rs. 147.35 ( 2.47 % )

I purchase BChini at Rs 47 what to do can i sell or hold ????...

which way?

Posted by : cmet
Price when posted : BSE: Rs 147.40 ( 2.65 % ), NSE: Rs. 147.35 ( 2.47 % )

There is still ambiguity on the policy announced by the Govt. I think it says that the FRP will be applicable only to levy sugar quota. For the balance it will br the price advised by the State Govt. Earlier it was felt that the State Govt will bear the burden of the difference to be paid to the farmer. Now I think they have clarified that this will be borne by the sugar millers as the Central govt feels that they are earning huge profits.
These political stunts do play a part in dictating the movement of sugar manufacturing companies. And remember that the Congress is trying to woo the UP electorate in a big way so that they can increase their seats in Lok Sabha in the long run.
If at all there is further rise in sugar company shares it is only because of the high prices of sugar in international and therefore in local markets due to a situation of falling production and dwindling stocks of sugar....

Shall I hold or Sell bajaj Hind?

Posted by : maximindia
Price when posted : BSE: Rs 147.40 ( 2.65 % ), NSE: Rs. 147.35 ( 2.47 % )

And d same wl b transferred to u in hell/heaven whereever u r via Swiss bank....

ADVISE PLEASE

Posted by : maximindia
Price when posted : BSE: Rs 147.40 ( 2.65 % ), NSE: Rs. 147.35 ( 2.47 % )

With 2 crs y buy shares u can buy a small sugar co itself....