The nervousness in the stock is due to expiry on 26th Nov. It shall be rangebound tomorrow and may shoot up or down depending upon market sentiments on Friday. Short term target is Rs 90 ( one month). Downside limited to Rs 62-64...

Russian rouble outperformed its fair convertibility range against Nikkei by 30% on multiple number of occasions in the last 3 years. With Japan economy on the threshold of recovery, Nikkei will outperform rouble by atleast 31% of highest peak attained by fair conversion value index during the next six months or so to maintain equilibrium in cross-continental growth-parity. Disclaimer : DOW & EURO remain inert to the smaller independent currencies. /Chindi Chor/ ...

Started buying when it was below 800 but the sucker went up too fast before more could be added. Now it will have to be in smaller lots with timing. Regards...

What`s ur opinion on Time increase for share mkt 9 - 5. I think morning time is right we can compare with Singapur Nifty but evening time is not giving any gain . closing time 3.30 is perfect if they want to increase time then increase up to 7pm atleast we will cose with commodity mkt....

Yesterday the perfect analyst was rudra_sinha and radhika_nandlal Today Closing of Mkt? Please give ur opinions. Considering the following matters : - 1. Asian Mkts fall 2. Dow and nasdaq fall 3. Tommorow will be expriy 4. Nifty Future Disc. 3.3 5. Indian mkt r doing outperform 6. Profit booking may high today on upper level 7. Reliance may lead mkt to downside My opinion: - Mkt will go up and Nifty may return from 5120 and if it breaks then from 5140. Mkt can close negative today. Around near 5000...

What is on April 10th?...

THE SHARE PRICE OF TATA STEEL IS DEFINITELY OVERPRICED LOOKING AT ITS PERFORMANCE, GLOBAL INDUSTRY SITUAION, HISTORICAL INVESTMENT PARAMETRS AND COMPARISON WITH SAIL. STEEL IS A CAPITAL INTENSIVE INDUSTRY AND THE BEST PARAMETER IS EV/EBITDA. HISTORICALLY THE EV/EBITDA OF TATA STEEL NEVER CROSSED 6.5.,THE HIGHEST WAS IN JULY 08 BASED ON JULY SHARE PRICE AND ANNUALISED EBITDA FOR 2008-09 ON JUNE 08 Q WHICH CAME TO 6.2. THE EBITDA FOR JUNE 09 WAS 27334M AND SHARE PRICE 673, NET DEBT OF 175567M, THIS RATIO DROPPED TO 2.9 ON 31-10-08, 3.1 IN JAN 09 AND 5.5 AT APRIL 09 END. THE QUARTERLY EBITDA IN RSM WERE 30759 IN SEP 09, 13596 IN DEC 08, 22728 IN MARSH 09, FULL YEAR EBITDA WAS 94417 AND AT A PRICE OF 388 ON 26-6-09 THE RATIO WAS 5.7. NOW WE COME TO JUNE 09 WHEN EBITDA DROPPED TO 17886M AND THE RATIO WENT TO 8.0, AT END SEP 09 Q THE EBITDA WENT UP MARGINAALY TO 19983M BUT AT THE SAME TIME NO OF SHARES WERE ALSO HIGHER AT 887M FROM 731M AT JUNE 09 END, EBITDA WAS UP BY 12 % BUT SHARES UP BY 21 %. THE EBITDA FOR FIRST 6 MONTHS THIS YEAR IS 37869M AGAINST 58093M OF LAST YEAR. IF WETAKE THE BEST CASE THAT EBITDA FOR FULL CURRENT YEAR WILL BE ABOUT THE SAME AS LAST YEAY(WHICH IS HIGHLY DOUBTFUL AS THE CO WILL HAVE TO HAVE EBITDA OF 56548M IN THE NEXT 6 MONTHS)BUT LET US CONSIDER THE BEST CASE, THE NET DEBT AS OF SEP 09 WAS 242360M AND IT IS ASSUMED TO BE AT THIS LEVEL AT MRACH 2010. BASED ON THIS AND TAKING CURRENT PRICE OF 575, THE ENTERPRISE VALUE COMES TO 753 BILLION AND EV/EBITDA OF 8.0. WHICH IS VERY MUCH ON A HIGHER SIDE. THE SHARE PRICE EVEN IF EBITDA FOR FULL YEAR IS 95BILLION RUPEES, WILL BE 370 IF THE RATIO IS 6. AT 7 THE SHARE PRICE IMPROVES TO 476 AND THE FAIR PRICE ON 6.5 RATIO COMES TO 424. THE GLOBAL STEEL SCENE GOING FORWARD IS NOT VERY ENCOURAGING THOUGH BETTER THAN THE FIRST 6 MONTHS . RECEMNTLY DUE TO GLOBAL STEEL SCENS, THE COMPANIES IN INDIA HAVE REDUCED THE STEEL PRICES, WHICH IS NOT AN ENCOURAGING SIGN. ALL THIS WORKING OF TATA STEEL IS ON A STANDALONE BASIS AND THE POSITION WORSENS IF WE TAKE THE EBITDA ON A CONSOLISTED BASIS AND NET DEBT AT ALSO ON THE SAME BASOS. . LAST YEAR ON A CONSOLIDATED BASIS NET PRFIT OF TATA STEEL IN JUNE 09 Q WAS 39B RUPEES WHICH CAME DOWN TO MINUS 22 B IN JUNE 09. SEP 09 WILL BE OUT ON 26-11-09 BUT IS LIKELY TO BE NEGATIVE AGAIN. AS COMPARED TO TATA STEEL , THE EV/EBITDA OF SAIL LAST YEAR WAS 5.2 AND SAIL HAS A NET CASH POSITION. THE QUARTELY RATIOS OF SAIL FROM JUNE 08 WERE 3.3 IN JUNE 08, 1.2 IN SEP 08, 1.9 IN DEC 08 AND 5.2 IN MARCH 09, 6.3 IN JUNE 09 AND 5.4 IN SEP 09. HENCE ON A PEER BASIS ALSOTATA STEEL RATIO IS VERY HIGH AND FAIR ONE SHOULD BE AROUND 6.5 IN THE BEST CASE. THE INVESTORS ARE ADVISED TO CAREFULLY CONSIDER THIS AND THEN TAKE THE DECISION TO BUY OR SELL TATA STEEL ...

Just wait and watch the wonder to happen....

Getting bearish day by day,
how long it may continue like this?...

Even today the downward trend continued in Suzlon,
How long it may continue?...

Start buy and buy on dips....

If some one want to have Suz in his portfolio, he may start its buy at CMP in small quantities and keep buy on dips implemented....

These three are best telecom company stocks, stay invested and accumulate on dips at all levels....

Will have a check on it by April 10...

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....

It looks like that the Congress High Command through its politicians, by inducing IAS as CMD in PSU Banks, want to have control over its reserves and use the funds and them the way Air India is today....

Dear,

Where the will is?

Who is working for the national interest?

Have they tried to create nationalism amoungst the citizens ever?

Congress has ruled the country virtually for 50 yesrs after indipendence 62 years ago and want to have all the credits and should not be blamed for the wrongs that have happened all these years.

Congress just wanted to be in power - by hook or croocks.
1. Every one know how congress got support from the Jharkhand Mukti Morcha to remain in power.
2. Congress got support from Left whose policies are just opposite to that of all other political parties.
3. Took support from Mayawati and Mulayam Singh when wanted.
JUST TO REMAIN IN POWER.

They are just opportunists, nothing else.

If the centre wants, cant they stop Mayawati from the wastage of Public Money by putting statues.



...

Yes, you are absolutely right,
EVERY THING IS 420 HERE..........

Nothing strange, by the closing of next two years the Sensex is surely to cross 25K level and if by then NHPC reaches three digit, dont get surprised....