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Shree Renuka

Posted by : abhaytiw
Price when posted : BSE: Rs 230.25 ( 1.61 % ), NSE: Rs. 230.25 ( 1.45 % )

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Nov. 23 (Bloomberg) -- Sugar production in India, the world’s second-largest grower, may be 11 percent more than estimated after farmers boosted planting and yields improved because of increased fertilizer use.

Output may jump to 17.68 million metric tons in the season started Oct. 1, according to interviews with 631 farmers across six states by Geneva-based SGS SA for Bloomberg. The farm ministry and the Indian Sugar Mills Association have estimated 16 million tons. The SGS survey used a figure of 16.1 million tons for the previous year.

A bigger harvest may help India pare its reliance on imports and curb the 90 percent rally in global prices this year. A shortage turned the country, the biggest consumer, into a net buyer for the first time since 2006 and sent prices to a 28-year high in September.

“If India’s production turns out to be better than expected because of higher recovery and yield, it could prove to be mildly bearish for prices,” said Leonardo Bichara Rocha, an economist at the London-based International Sugar Organization.

India’s cane harvest this year may increase 9.8 percent to 297.95 million tons, bolstered by a 3.8 percent increase in acreage and a 5.7 percent improvement in yield because of better irrigation and fertilizer application, the SGS survey showed. The survey by five teams between Oct. 20 and Nov. 3 covered six main cane-growing states including Uttar Pradesh and Maharashtra, the biggest producers.

Sugar production may total 16 million tons this year, Agriculture Minister Sharad Pawar said Nov. 4.

Price Dispute

Mills in Uttar Pradesh, the biggest cane grower, haven’t begun crushing because of a price dispute with farmers, while rains hampered harvests twice this month in Maharashtra, the second-largest cane grower.

Reporting of “bad crop” conditions increased this year in the states of Tamil Nadu and Andhra Pradesh, while the health of fields in Maharashtra and Gujarat states wasn’t affected, the survey showed. Pest attacks on the standing crop fell in Uttar Pradesh and Maharashtra, compared with the prior season, it said.

While 97 percent of the farmers reported dry weather, high prices encouraged them to intensify irrigation and increase the use of fertilizer to boost yields, the survey showed.

Prices at Vashi in Mumbai, India’s biggest market for the commodity, have surged 82 percent this year, reaching a record 3,536.65 rupees per 100 kilograms ($76) on Nov. 7. Raw sugar in New York and white sugar in London have almost doubled this year.

‘Highly Optimistic’

Indian cane growers remain “highly optimistic” about prices this year, with 64 percent expecting more than 2,000 rupees ($43) a ton. Prices will determine crop acreage next season, the survey said.

Opposition lawmakers stalled parliament twice last week, demanding farmers must be paid more than the rate of 130 rupees per 100 kilograms fixed by the government. Mills in Uttar Pradesh offered 180 rupees, which opposition parties say isn’t enough. Growers want 280 rupees.

The country’s 50 million cane farmers are a powerful voting block, and Uttar Pradesh sends the largest number of lawmakers to parliament.

“We haven’t factored the fallout of political developments related to sugar in our forecast” of 17.3 million tons for the country, International Sugar Organization’s Rocha said.

India extended duty-free purchases of raw sugar by nine months to Jan. 1, 2011, to bridge a shortfall. White, or refined, sugar can be bought without paying taxes until March 31, a four- month extension.

‘New Highs’

“India’s deficit will extend into the next season, and I expect global prices to hit further highs,” said Krishnakumar Srinivasan, a fund manager at Sundaram BNP Paribas AMC Ltd. in Chennai. Purchases may total 4 million to 5 million tons this year, he said. The fund manages $2.9 billion and owns shares of Shree Renuka Sugars Ltd. and Balrampur Chini Mills Ltd., the nation’s top producers.

The world may have a surplus of 500,000 tons of sugar in the 2010-11
...

Five behind the Deal

Reliance

Posted by : rvk41
Price when posted : BSE: Rs 2125.15 ( 2.07 % ), NSE: Rs. 2123.30 ( 1.90 % )

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He is Mukesh Ambani’s Man Friday. More than 30 years ago, they met in Mumbai University’s Department of Chemical Technology and handled every project together. Modi, who has a feel for project details, launched new ventures like infocomm and retail.

NIKHIL MESWANI

He manages petrochemical business and is a vivacious presence in industry forums. Son of founder director Rasiklal Meswani, he joined the company at an early age and became a director in 1990. He played a key role in the acquisition of Trevira-the German polyester company which went into bankruptcy.

ZIA MODY

A senior partner of law firm AZB & Partners, her experience in global M&A transactions will come handy in dealing with a maze of bankruptcy procedures. This Cambridge University law graduate’s laws firm is expanding operations by taking over smaller law firms.

ALOK AGARWAL

His innate ability to manage finances makes him the key person for all important transactions. This low profile and soft spoken chief financial officer will play a crucial role in structuring the deal and making it less expensive.

KAMAL NANAVATI

This RIL veteran of many years has been instrumental in the success of polymer business ever since he had joined the company from IPCL. Known for his shrewd marketing skills, this head of polymer business will have a major say in assessing the potential of Basell’s key markets.

Source E T,with regards
rvk41

...

75.23% delivery

Teledata Info

Posted by : adipudi
Price when posted : BSE: Rs 6.34 ( -1.09 % )

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Dear Bababull,
I`m holding this crap from 2005 May and average is now around 8.25. Give me a better offer I`ll consider and dump my 200K shares....

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75.23% delivery

Posted by : bababull

Welome adipudi, the new promoter of teledata informatics. When should we expect open offer from you & at what price?

BUY TODAY AND HOLD FOR MULTIPLYING YOUR CAPITAL

Manappuram

Posted by : poorfellow
Price when posted : BSE: Rs 496.50 ( -1.48 % )

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Addressed to  HarshadMehtaa,  DONVITO,  a j,  goodguy_26,  pup,  pratiksmiling,  rahulhandsom,  ChartGuru

This stock is beaten down badly in last 15 days without having any valid reason.
EPS and NP MARGINS are like below:

Annual March/09: EPS:17.56, NPM: 18.23
Quarterly June/09: EPS:8.24, NPM: 21.11
Quarterly Sept/09: EPS:10.70, NPM: 21.22

But the stock has come down Rs.689/-(high) on 15th Oct/09 to Rs.496.50 on Nov/20. The fall is particularly notable after Sept/09 Qly results. Bouncing back to Rs.700/- any-day. A very strong and investor friendly company, rising topline and bottomline very steeply....

bloomberg news

Bajaj Hind

Posted by : abhaytiw
Price when posted : BSE: Rs 207.10 ( -0.19 % ), NSE: Rs. 207.05 ( -0.19 % )

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Nov. 23 (Bloomberg) -- Sugar production in India, the world’s second-largest grower, may be 11 percent more than estimated after farmers boosted planting and yields improved because of increased fertilizer use.

Output may jump to 17.68 million metric tons in the season started Oct. 1, according to interviews with 631 farmers across six states by Geneva-based SGS SA for Bloomberg. The farm ministry and the Indian Sugar Mills Association have estimated 16 million tons. The SGS survey used a figure of 16.1 million tons for the previous year.

A bigger harvest may help India pare its reliance on imports and curb the 90 percent rally in global prices this year. A shortage turned the country, the biggest consumer, into a net buyer for the first time since 2006 and sent prices to a 28-year high in September.

“If India’s production turns out to be better than expected because of higher recovery and yield, it could prove to be mildly bearish for prices,” said Leonardo Bichara Rocha, an economist at the London-based International Sugar Organization.

India’s cane harvest this year may increase 9.8 percent to 297.95 million tons, bolstered by a 3.8 percent increase in acreage and a 5.7 percent improvement in yield because of better irrigation and fertilizer application, the SGS survey showed. The survey by five teams between Oct. 20 and Nov. 3 covered six main cane-growing states including Uttar Pradesh and Maharashtra, the biggest producers.

Sugar production may total 16 million tons this year, Agriculture Minister Sharad Pawar said Nov. 4.

Price Dispute

Mills in Uttar Pradesh, the biggest cane grower, haven’t begun crushing because of a price dispute with farmers, while rains hampered harvests twice this month in Maharashtra, the second-largest cane grower.

Reporting of “bad crop” conditions increased this year in the states of Tamil Nadu and Andhra Pradesh, while the health of fields in Maharashtra and Gujarat states wasn’t affected, the survey showed. Pest attacks on the standing crop fell in Uttar Pradesh and Maharashtra, compared with the prior season, it said.

While 97 percent of the farmers reported dry weather, high prices encouraged them to intensify irrigation and increase the use of fertilizer to boost yields, the survey showed.

Prices at Vashi in Mumbai, India’s biggest market for the commodity, have surged 82 percent this year, reaching a record 3,536.65 rupees per 100 kilograms ($76) on Nov. 7. Raw sugar in New York and white sugar in London have almost doubled this year.

‘Highly Optimistic’

Indian cane growers remain “highly optimistic” about prices this year, with 64 percent expecting more than 2,000 rupees ($43) a ton. Prices will determine crop acreage next season, the survey said.

Opposition lawmakers stalled parliament twice last week, demanding farmers must be paid more than the rate of 130 rupees per 100 kilograms fixed by the government. Mills in Uttar Pradesh offered 180 rupees, which opposition parties say isn’t enough. Growers want 280 rupees.

The country’s 50 million cane farmers are a powerful voting block, and Uttar Pradesh sends the largest number of lawmakers to parliament.

“We haven’t factored the fallout of political developments related to sugar in our forecast” of 17.3 million tons for the country, International Sugar Organization’s Rocha said.

India extended duty-free purchases of raw sugar by nine months to Jan. 1, 2011, to bridge a shortfall. White, or refined, sugar can be bought without paying taxes until March 31, a four- month extension.

‘New Highs’

“India’s deficit will extend into the next season, and I expect global prices to hit further highs,” said Krishnakumar Srinivasan, a fund manager at Sundaram BNP Paribas AMC Ltd. in Chennai. Purchases may total 4 million to 5 million tons this year, he said. The fund manages $2.9 billion and owns shares of Shree Renuka Sugars Ltd. and Balrampur Chini Mills Ltd., the nation’s top producers.

The world may have a surplus of 500,000 tons of sugar in the 2010-11
...

future of suzlon

Suzlon Energy

Posted by : Varner
Price when posted : BSE: Rs 73.00 ( -2.93 % ), NSE: Rs. 73.00 ( -2.93 % )

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When a company starts generaging cash by selling its assets created over the years, investers should understand that there is something seriously wrong with its management, and should exit from it....

In reply to:

future of suzlon

Posted by : boysi

I would like to know from other boarders whether company will be able to survive in this downtrend in its business cycle. Will it exist after 5 yrs from today. Is current management capable of reviving company future. I have serious doubt about its future.

bloomberg news

Balrampur Chini

Posted by : abhaytiw
Price when posted : BSE: Rs 134.05 ( -3.18 % ), NSE: Rs. 134.10 ( -3.04 % )

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Nov. 23 (Bloomberg) -- Sugar production in India, the world’s second-largest grower, may be 11 percent more than estimated after farmers boosted planting and yields improved because of increased fertilizer use.

Output may jump to 17.68 million metric tons in the season started Oct. 1, according to interviews with 631 farmers across six states by Geneva-based SGS SA for Bloomberg. The farm ministry and the Indian Sugar Mills Association have estimated 16 million tons. The SGS survey used a figure of 16.1 million tons for the previous year.

A bigger harvest may help India pare its reliance on imports and curb the 90 percent rally in global prices this year. A shortage turned the country, the biggest consumer, into a net buyer for the first time since 2006 and sent prices to a 28-year high in September.

“If India’s production turns out to be better than expected because of higher recovery and yield, it could prove to be mildly bearish for prices,” said Leonardo Bichara Rocha, an economist at the London-based International Sugar Organization.

India’s cane harvest this year may increase 9.8 percent to 297.95 million tons, bolstered by a 3.8 percent increase in acreage and a 5.7 percent improvement in yield because of better irrigation and fertilizer application, the SGS survey showed. The survey by five teams between Oct. 20 and Nov. 3 covered six main cane-growing states including Uttar Pradesh and Maharashtra, the biggest producers.

Sugar production may total 16 million tons this year, Agriculture Minister Sharad Pawar said Nov. 4.

Price Dispute

Mills in Uttar Pradesh, the biggest cane grower, haven’t begun crushing because of a price dispute with farmers, while rains hampered harvests twice this month in Maharashtra, the second-largest cane grower.

Reporting of “bad crop” conditions increased this year in the states of Tamil Nadu and Andhra Pradesh, while the health of fields in Maharashtra and Gujarat states wasn’t affected, the survey showed. Pest attacks on the standing crop fell in Uttar Pradesh and Maharashtra, compared with the prior season, it said.

While 97 percent of the farmers reported dry weather, high prices encouraged them to intensify irrigation and increase the use of fertilizer to boost yields, the survey showed.

Prices at Vashi in Mumbai, India’s biggest market for the commodity, have surged 82 percent this year, reaching a record 3,536.65 rupees per 100 kilograms () on Nov. 7. Raw sugar in New York and white sugar in London have almost doubled this year.

‘Highly Optimistic’

Indian cane growers remain “highly optimistic” about prices this year, with 64 percent expecting more than 2,000 rupees () a ton. Prices will determine crop acreage next season, the survey said.

Opposition lawmakers stalled parliament twice last week, demanding farmers must be paid more than the rate of 130 rupees per 100 kilograms fixed by the government. Mills in Uttar Pradesh offered 180 rupees, which opposition parties say isn’t enough. Growers want 280 rupees.

The country’s 50 million cane farmers are a powerful voting block, and Uttar Pradesh sends the largest number of lawmakers to parliament.

“We haven’t factored the fallout of political developments related to sugar in our forecast” of 17.3 million tons for the country, International Sugar Organization’s Rocha said.

India extended duty-free purchases of raw sugar by nine months to Jan. 1, 2011, to bridge a shortfall. White, or refined, sugar can be bought without paying taxes until March 31, a four- month extension.

‘New Highs’

“India’s deficit will extend into the next season, and I expect global prices to hit further highs,” said Krishnakumar Srinivasan, a fund manager at Sundaram BNP Paribas AMC Ltd. in Chennai. Purchases may total 4 million to 5 million tons this year, he said. The fund manages .9 billion and owns shares of Shree Renuka Sugars Ltd. and Balrampur Chini Mills Ltd., the nation’s top producers.

The world may have a surplus of 500,000 tons of sugar in the 2010-11
...

query

Sicagen India

Posted by : nadhi
Price when posted : BSE: Rs 13.33 ( 4.96 % ), NSE: Rs. 13.30 ( 5.14 % )

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Dear sd3,

Second option please.

Regards

Nadhi...

In reply to:

query

Posted by : sd3

There is good report from Sco-Gen for their Nov publication .

I would like U to read it .
But how do i tell u details ?
can u download from scribd ?
or prefer an email ?
or dont prefer at all :) :)

sd3..

ONLY REALITY COMPANY WHERE PROMOTER CUT THEIR SALARY

Sobha Developer

Posted by : poorfellow
Price when posted : BSE: Rs 236.75 ( 0.68 % ), NSE: Rs. 237.10 ( 1.07 % )

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It is a hot stock now due to FII Buying....

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ONLY REALITY COMPANY WHERE PROMOTER CUT THEIR SALARY

Posted by : abhaytiw

BEST MANAGEMENT
EXECUTING PROJECT OF BEST INDIAN IT MAJOR INFOSYS
SOON GOOING TO GET 5000CR STATE GOVT PROJECT FOR 5 YEAR DEAL IN FINAL STAGE

Need help !!!

Geodesic

Posted by : poorfellow
Price when posted : BSE: Rs 91.30 ( -1.67 % ), NSE: Rs. 91.40 ( -1.67 % )

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Addressed to  HarshadMehtaa,  DONVITO,  a j,  goodguy_26,  pup,  pratiksmiling,  rahulhandsom

Yes, the intrinsic value of Geodesic, an old good stock, cannot be compared with new companies (un-tested strength and intrinsic value like RCom, Bharti Airtel etc.). It is certain that Geodesic will bounce back anytime.

I know particulary the stock Geodesic that it is developing a product which will sensationally thrill the VOIP (Internet voice telephony with genuine giant customers like Google) very shortly. BUY and Hold (Wait) for this stock to jump anytime to 20% UC consecutively for some days within nwxt 20 sessions. Technically, it is now at the major support level of Rs.89/-....

In reply to:

Need help !!!

Posted by : jashn24

prjayachandranji,
it`s wonderful to have such frank and opinionated senior boarders like yourself and poorfellowji to look up to.have been follwing many of your posts for a while. :)


I guess the poorfellow method of accumulation, which i`m a great fan of, would work wonders in acquiring some of these high beta, but high growth posibility stocks like geodesic.. I agree with your analysis that 88 would be ideal price to get hold of some geod stocks and recover the capital amount while keeping free stocks for long term..as from 88/89, it looks good for an technical bounce back..
thanks for poorfellow for highlighting to us boarders the benifits of this superb technique .

(In crises, there lies gr8 opportunities..)
Cheers
Jashn Sarvi

75.23% delivery

Teledata Info

Posted by : bababull
Price when posted : BSE: Rs 6.34 ( -1.09 % )

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Welome adipudi, the new promoter of teledata informatics. When should we expect open offer from you & at what price?...

In reply to:

75.23% delivery

Posted by : adipudi

Dear Bababull,
How do I know the stock is from promoters? Because I`m buying whenever opportunity comes for me.
Sincerely,
Adipudi

ONLY REALITY COMPANY WHERE PROMOTER CUT THEIR SALARY

Sobha Developer

Posted by : abhaytiw
Price when posted : BSE: Rs 236.75 ( 0.68 % ), NSE: Rs. 237.10 ( 1.07 % )

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BEST MANAGEMENT
EXECUTING PROJECT OF BEST INDIAN IT MAJOR INFOSYS
SOON GOOING TO GET 5000CR STATE GOVT PROJECT FOR 5 YEAR DEAL IN FINAL STAGE...

IFCI slides below 50!

IFCI

Posted by : bagram
Price when posted : BSE: Rs 50.55 ( 2.22 % ), NSE: Rs. 50.65 ( 2.43 % )

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dear grkothari
dont believe any body
any boarders can put their view in this board
that doesnot mean you have to believe all
make your own studies after a proper follow up and then buy shares
my view is dont aquire i.f.c.i ABOVE 52
all most all accumulation has done in between 49 and 52
if it comes dwon during market starts correction it is an excellent buy with out any fear
forget about the stake sale
it will take its own time no body can say when it happens until goi makes farther announcement
one thing is sure stake sale will happen during their disinvestment process of other listed p.s.u
no body can give a target of stake sale price
...

In reply to:

IFCI slides below 50!

Posted by : grkothari

Dear Friend

it would be a foolish thinking to doubt the fundamentals of IFCI. My comment was in reply to the suggestions by self acclaimed techs boarders here who had given a time specific target thereby confusing the investors. I am trying to bring these self proclaimed experts to the general viewers here on every such move so that in time to come no body pays any heed to their suggestions.

BAJAJ HINDUSTAN

Bajaj Hind

Posted by : abhaytiw
Price when posted : BSE: Rs 207.10 ( -0.19 % ), NSE: Rs. 207.05 ( -0.19 % )

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how 14000cr come in news after demolishing FRP look like very good thing gooing to happen soon for UP AND OTHER STATE WHRE SAP EXIST ie now if state fail to pay than centre to pay MAY BE AS SUGAR BOND...

In reply to:

BAJAJ HINDUSTAN

Posted by : tara23

among the fund managers, icici fm`s are the worst....

Fundamentally good stock

Kothari Product

Posted by : tara23
Price when posted : BSE: Rs 308.25 ( -1.71 % ), NSE: Rs. 310.55 ( -1.62 % )

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yes.. once split of business took place, this share price has gone to dogs....

In reply to:

Fundamentally good stock

Posted by : highest

this company is fundamentally strong but now functionally week