Thnks Sir. My earlier fig was incorrect.Correct fig is 1.6 lacs....

Hope it tanks and I can buy more at say 29! Looks like the sale is over!...

if it ,moves to 35 i am going to exit this stock but god only knows when it will reach 35 all my calculations went wrong anyway iam going to wait for another 6 more months ...

THERE IS GOOD OPPORTUNITY FOR THE THE INVESTORS TO BUY IF NIFTY BREAK TO 2500 LEVEL. BUY GOOD & BLUE-CHIP STOCKS SPECIALLY RELIANCE, L&T, HDFC BANK, DLF, INFOSYS, DLF,RPL, REL COMMUNICATION, BHARTI AIRTEL,REL. INFRA, PUNJ LLOYD,BEML. Some emergiong companies lke GMR INFRA, MUNNDRA PORT, GVK POWER,IVRCL etc for long term....

RIL wins a Deep Water block in NELP VII Source : Moneycontrolcom Reliance Industries Ltd., along with BP was awarded the Deep Water block KG-DWN-2005/2 offered under NELP VII. The agreement was signed today at New Delhi. RIL has 70% participating interest and BP holds the remaining 30% participating interest and is also the Operator of the block. The block is located 40 Kilometers off the East coast near Kakinada, spread over an area of 1949 sq kms and is about 100 kilometers away from the existing deep water discoveries in the KG basin. During the first phase of exploration, the consortium will conduct detailed 2D and 3D seismic surveys and reprocess existing seismic data. Based on an analysis of survey results further work programme will be decided. RIL has gained considerable experience in Deep Water exploration and production being the first producer of hydrocarbons from Deep Waters in India. RIL established its project management capabilities in the E & P sector by developing the D-26 Deep Water field in less than two years from the date of discovery and also by developing the D-1 & D-3 Gas fields in about six years from the date of discovery. The synergy of RIL and BP, two global companies will bring in best of technology, talent and management skills to the table which will ensure success in the new block awarded under NELP VII. Speaking on the occasion, Mr. PMS Prasad, President & CEO (Petroleum), RIL, said, “The JV consortium synergizes world class talent, skills, innovation, technology and project management capabilities in Deep Water exploration & production and Reliance is looking forward to working with BP in exploring this block awarded under NELP VII.” Sourced From: Neucom Consulting Pvt Ltd ...

when it reached 12/-, where were you at that point...

one mnth addition of 70000 will translate into 2.1 lac or .21million in a quarter so which is way less than .41 million which it added last quarter...

well the sales are at 257 Cr vs 173 Cr
and loss has reduced to .56 Cr vs 1.54Cr and 2nd thing is Dishtv is losing its customers due to its distributors which are being taken over by new entrants and recent example is that of sirsa in haryana where i was told that airtel is offering a scheme that csutomer has to pay rs1000/- and he/she gets airtel dish installed at their residence and free packs for next five months.
2) there are no recharge cards available with distributors even in places like chandigarh where they have regional office.
3)many distributors are not keeping dishtv but still have dishtv board installed, so dish tv is lacking on all these front so it looks that dish will be another BPL mobile case...

Yes changing the technology is easy but the longer the company takes to change and as dish is charging the same rate as others is a big disadvantage for dish tv and 2nd biggest problem is its decreasing market share as the sales did not increase as it had been ( the grew from .33 million to .52 million q on q basis) and market share is down from 45% to 40%.
the above points are really of concern for a market leader as leaders will change very soon if these things continue....

their sales of dish are flattening out, i was of the view that dish sales this quarter will be in the range of .75 to 1 million which shows that either dish will loose out market share or the whole industry is not growing, point for concern...

yes the promoters of this company are big fraudsters jsut waitimg for some time and then they send sms to all innocent investors and dump their holdings on to them and then when it goes down again the same modus operendi starts ...