Well nitali.. you are right in one sense .. But the idea here is not to aim for 350 from 25.., remember pyramid saimira was trading at 14 rs in may one time and it had high of 36 in july . now 26 and rising.. But the problem with Austral is no news from company,good or bad .......

what is the logic behind the buyback offer@160 when the cmp is way above?...

Stay away from this counter. Better is you can donate your money to some charity. This is moving in a super bearish mode....

NITALI, If you see SAIL it was offered at rs 12 to its employess got listed at about 20 and where it is .There are numerous examples in PSU.The main is value unlocking But the disadvantages are the government interference and sepeciaslly in oil that is subsidy.but oil india suffers less.it is very obvious that ONGC is 10 times the size of Oil India, so from that perspective you cannot draw a comparison. But if you want to draw a comparison it would be basically on the operation parameters. We have few of them in place, first is their proven and probable (2P) reserves and from the perspective of it if you want to look at it, I think this particular growth in the 2P reserve has been around 3.2% for crude oil and around 17% for gas and this is going to be important trigger going forward that is what I see as first point. They also been enjoying higher amount of operational efficiency on the exploration side. I think they have been having about 64% as the ratio on the exploration side, so this is also going very positive for the company and if one wants to look at, the reserves to replacement ratio, which augurs well probably that also is standing higher compared to ONGC. Their cost of exploration stands lower compared to ONGC. So from operational parameters I find that this company is much capable of scaling up the operations in a much better way. At the same time, you have about 57 new oil blocks for which they bid. I think they got about 27 blocks in their fold and they are aggressively expanding into the exploration both internationally as well as domestic market. So you only have an upside going forward from this perspective. From my point of view, although going forward operational efficiencies are in favour of Oil India, at the same time higher production base possible and third important aspect about the lower subsidy burden for upstream companies, all these three put together if you look at it there are many positives going forward for Oil India. So any softness or any fall into the market from a perspective of lower price or whatever it is, I think one can buy of course the silent trigger remains for both ONGC as well as Oil India that if crude oil price starts going up then possibly you get the advantage of getting higher earnings in that particular period. So I think you can play on the commodity upside as well...

yes nitali i guess so.At 1050 its PE ratio was 10 and so its safe to assume with the market condition being positive and oil gas index greener we can safely assume so .its momentum may sustain for three days. dhakak...

Hi Nitali, Educom is better stalk for sea-saw and fav. of FII and punters. Everonn will eventually become one, but for now it seems good for long term. (This is my personal opinion)...

i have niit , do u have any opinion on that? plz guide me sir....

Dont miss this ,a buy at every decline!!nitali....

Buying austral at any level is burning ur fingers.Wait til the dust settles down.Remember Pyramid Saimira? Still at 25/ from 350 in 2 yrs!And then there is always a chance of DE-LISTING!nitali....

Dear dhakak, thanks for ur informative reply.nitali.
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The stock is hammered down by the operators,but wont come down to 165/levels as strong support at 182.Start accumulting in small qts for excellent gains.nitali. ...

dhakak,
I think if we get a price around 1200,we should be out.Whats ur opinion?nitali.
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Pl. note its in t2t....

Better to apply for Adani Pwr n NHPC. NITALI....

Dear jonas u have perfectly depicted the psycology of a comman invester.nitali....