Stocks

Reliance admission of guilt

Posted by : bhusbhac

iinvestr - There is no admission of guilt. There is a provision of settlement. The total violation could be Rs 513 however 75% of the market shares were treasury stocks held by RIL so the violation, if any, is much less. According to some calculations the matter could be settled for Rs 2 crores or there-abouts.

You may however take it as a figure of Rs 513 crores in your calculations as a safe investor.

I certainly don`t like your reference and the CHEAT word more than 1000 times. It is indeed a very CHILDISH remark which we used freely in school days.

Cheated whom? Most probabaly another gandg of cheats buying and selling RPL shares well above Rs 200 per share.

Nearly 100% of this market is traded by cheats. NIFTY crashing today without any reason. Shortterm and intraday traders must be massacred today.

some good observations

Posted by : rk2009

Guptaji!
As you know the index is built sofar on the rise of bank stocks,In some cases the PE ratio is in uncomfortable zone.However the support by bank shares will continue,thanks for good pick in allhabad bank,It will help people

Does it bear any sign of accumulation?

Posted by : jpmundhra

If delivery is above 50% till date and yesterday delivery was 83%. The share is being accumulated by long term investors whether small or HNI. Plus point of this Co. is that Punj Llyod (CMP Rs. 209 of face value of Rs. 2 share) is Co-promoter.Other ship building co. i.e Bharati Shipyard and ABG Shipyard being quoted at Rs.159 and 193 respectively.

ANOTHER DOWN C I R C U I T. .

Posted by : Newbee

started averaging indiabulls.. cant average austral for now.. will average only if goes below 6.

Three worse investment of my life..
indiabulls, austral and DCM sriram consolidated.

Does it bear any sign of accumulation?

Posted by : das.ajitk2

Investors in PIPAVAV would happy to know that the delivery position against the traded volume of the stock has been remarkably above 50% till to-day since 30th Oct. To-day`s deliverable quantity is 82.73% of traded volume.

Indiabulls Power@25/-

Posted by : drashokwingle

i feel script will be delisted and price will be 0000 paise

BSE Announcements on Teledata Info

Posted by : bababull

Headstead, nobody knows anything. One can speculate positively or negatively about certain news. But it is certain that nobody knows the truth except paddu ofcourse.

wait for news to flow!!

Posted by : WhatsUP

StockHunter:
I answer this question with much skepticism.. as the highest venkys has reached (from 2005 till date) is 288 in Jan 2008.

That having been said we should look at the fundamentals of the company and market outlook.

Market Outlook: Prices of agro commodities have jumped increasing the prices for vegetables and Poultry feed.

Earning potential of individuals specially middleclasses have improved substancially.

Poultry prices and prices of eggs have also increased..but we havent seen an increase in the prices of poultry companies such as venkys.
Considering the impending OIL crisis and increase in prices of fertilisers I expect the rise in prices to be a permanent feature and hence the top line and bottomline of Venkys should/will also reflect the increase.
========================
Venkys Market Cap: 212Cr
Sales 12 Trailing Months(TTM): 634Cr
Net Profits TTM: 33.96Cr
Gross Profits TTM: 59.7Cr
Taxes TTM: 16.93Cr
========================
Venkys is labelled as a Non Vegetarian stock which makes the gujrati and other veggie lovers to shun the stock..

Ideally a company of venkys commanding stature in Poultry industry (Dr BV Rao was honoured with Padmashree) should get a higher multiple but due to the apathy of the investing public(veggie lovers)the stock languishes..

Also the promoters are not agressive promoters of their company.

Ideally the stock should quote at Minimum 10 times it net profit: 339 Cr
OR at the higher level 10 times its gross profits: 597Cr
==================================
I see higher potential for Venkys
1. As the company is a safe bet with leadership position.
2. Financials are great(credit rating)
3. Promoters have increased stake to more than 50%
=================================
It is close to its lifetime (5 year highs) but looks like it is all set to break those levels.. I expect Ideally the stock to reach a market cap of atleast 300Cr ie a 50% gain from these levels..

=happy investing

ANOTHER DOWN C I R C U I T. .

Posted by : tara23

let us see some light at the end of tunnel

Reliance admission of guilt

Posted by : iinvestr

by agreeing to settle with SEBI outside court by paying compensation to the affected people, in RPL inside trading charges. As they are scared otherwise it will expose them to a scale they have not bargained for and lead to much bigger scandal. It once again proves that Reliance is nothing but a company of cheats.

Heading

Posted by : sabret00the

Very true. As soon as MFs start picking up more and more telecom stocks rapid recovery will start once again.

LOOK AMREASH BALLIGA STATEMENT ON MORRNING SHOW

Posted by : maximindia

I always buy when analysts say SELL.All sugar stocks wl reach lifetime high just as lifetime high prices of sugar.BUY BUY BUY.

Suzlon, SCI, Delhi Int`l Airport may raise funds via ECB

Posted by : rpg70

According to sources, Suzlon is looking to raise USD 700 million at a tenure of three–six years via the ECB route. Also, Shipping Corporation, we understand is looking to raise between USD 200–300 million at a tenure of eight–ten years via ECBs. Similarly, the Delhi International Airport which is run by the GMR Infra group is looking to raise about USD 300 million for eight–ten years. Why this new found to raise funds via ECB? That’s because of the depreciating dollar and the falling rates in the global market as the risk appetite returns.

Dollar funding has become cheaper as compared to the rupee loan especially for companies which have their revenues in dollars. So it gets easier for them. These companies are raising these funds for their ongoing capital expansion plans. Suzlon shall raise almost 3000-3500 crores by this exercise and shall be a major step towrads debt restructuring.