Is there any news running this counter. All of a sudden there are positive moments in the price as well as the volumes.
Sunny!...

We noticed a significant jump at this counter today. The stock is up almost 9%. Also, the volumes jumped up to 97056. Is there any news driving this script? The next session will be very interesting to monitor.
Sunny!...

Oil prices are tumbling, trading around $120 barrel Monday after a weak U.S. consumer spending report triggered another big sell-off.
Another dose of disappointing data fed investors' beliefs that a U.S. economic slowdown is forcing Americans to cut back on energy use. The Commerce Department says consumer spending fell in June as shoppers dealt with higher prices for gasoline, food and other items.

...

The US didn't get the energetic rebound in economic growth hoped for from the government's tax rebates in the second quarter, and the economy jolted into reverse at the end of 2007, raising new recession fears.
On Wall Street, the Dow Jones industrials were off nearly 75 points in morning trading following two days of gains.
There's been a lot of debate about whether the economy is on the brink of, or has fallen into, its first recession since 2001. Under one economy rule, if the economy contracts for two straight quarters it is considered to be in a 'recession'. Lets see how Indian markets will react to this tomorrow.
Sunny!...

On what basis you are making this statement? What is the base of your analysis?
Sunny!...

Oil prices shot up Wednesday, jumping as much as $5 a barrel and halting a dramatic two-week. Also supporting prices was news that Israeli Prime Minister Ehud Olmert will step down in September, a move that raised doubts about progress for U.S.-backed Middle East peace efforts in the oil-producing region.
Also boosting prices Wednesday was a report by Goldman Sachs, which affirmed its earlier forecast that crude will hit $149 a barrel by the end of the year.
Sunny!
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I have been trading this script for last 5 years. I got in at 35, got out at 47. Got in at 44 got out at 62 blah blah blah. Lost the touch in last 1 year. Although I have been cheking the financials of this company now & then:

Market Capitalization (Rs cr ) 32.94
Book Value 37.19
Debt / Equity 0.68
P/E 16.89
EPS 0.48
Return on Net Worth -2.61
Current Ratio 3.03
Quick Ratio 1.72
Interest Cover 2.49

The quarterly results haven't been so impressive. The stock is not going anywhere after it got murdered from 22 levels to 7 or 8 Rs. As I said I have lost the touch a bit, I cannot predict the future in the short run. I still have 11000 stocks which I got at 11 Rs. I am not able to spend enough time to analyze this script in depth. What is your calculation for Hanil in next 3 to 6 months time?
Sunny!
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this was the stock that was aggresively recommened broking houses in 2005 on account of ethanol story but result are otherwise: Hanil Era Textiles Ltd Quarter ended Year to Date Year ended 200806 (3) 200706 (3) % Var - - 200803 (12) 200703 (12) % Var Sales 10.38 13.74 -24.45 NA NA NA 61.70 78.55 -21.45 Other Income 0.10 2.47 -95.95 NA NA NA 2.07 10.21 -79.73 PBIDT -2.17 4.09 PL NA NA NA -2.67 14.71 PL Interest 1.71 0.86 98.84 NA NA NA 6.83 3.52 94.03 PBDT -3.88 3.23 PL NA NA NA -9.50 11.19 PL Depreciation 2.26 2.21 2.26 NA NA NA 10.19 9.18 11.00 PBT -6.14 1.02 PL NA NA NA -19.69 2.01 PL TAX NA NA NA NA NA NA 0.05 0.06 -16.67 PAT -6.14 1.02 PL NA NA NA -19.74 1.95 PL Equity 40.97 40.97 0.00 NA NA NA 40.97 40.97 0.00 ...

What's about Board Meeting – 11-Aug-2008 Audited & Quarterly Results...

good stock whts the short term target...

yes i agree with you...

any news abt Last Board Meeting – 04-Aug-2008 Audited Results... of Hanil Era. Why there is a sudden spurt in its price and volume....

Even on Friday the INFY ADR has been in positive, may take Infosys to move up on Monday when the market opens....

Dear Sunny, Be carful with NTPC for next one year at least. no doubt it is a good stock and will be at 1000 after 10 years if every thing will be fine til that time. but now EPS of ntpc is coming down on QoQ. they would not be in position to expand easily because of less cash inhand and high interest rate. Price per unit of electricity should increase now because of high input cost and that can happen only after election. my 6 month target is 135-140 rs with EPS 6.5 and PE 20 for FY 2009....