Either wait for 2nd qtr or pick up above 250. It is not able to cross 235....

This is reality so I am suggesting to book partial profit at current level. If someone remember Essar steel story that could be repeated in GMR Ferro also. Essar Steel was trading at 85 promoters made open offer at Rs45/share. After that they delisted. Lots of investors even did not get money from Essar group at Rs45/share after delisting also....

I would suggest book partial profit in this stock. Those who have entered at at 32-50 range can book partial profit and keep ramaining for some time....

This news is not announced at NSE/BSE for investors so far. If this is confirmed than why promoters sold their stack such low prices? Such movement by promoters for investors is very bad and Promoters will lose their credibility, confidence and trust among share holders for not only this company but other group companies like GMR Industry, GMR Infra etc....

Hi, Central Bank of India is leading home provider for housing scheme comping up with Delhi Development Authority.
Here is link
http://in.news.yahoo.com/48/20080815/804/tnl-banks-move-in-to-fund-dda-house-hunt_1.html...

what is correlation between Pay hike, increase in rate. Why it will will touch 200 after pay hike. U mean all the people will buy Unitech flats after pay hike? Pay hike is just peanuts... This pay even is not sufficient for all people to run their day to day expenses. However lots of people enjoying with bribe money but not all. I saw the interview of one secretary in agriculture ministry,, secretary level guy is not able to buy Car for his travelling. ...

I like UCO Bank, Canara and Union Bank also DCB is small bank and Banks profit is also from NIM so those banks has more branches they have more NIM income and that Income contributes largest profit for Banks. DCB do not have strong branch network. Among these UCO Bank and Canara Bank is has potentical to give good return over the long times. I entered in UCO Bank at 14-15 range long back and it has given good return to me over the period of 5yrs. Like gauranteend Income. PSU banks can be consider for buying based on their Branch network That's the reason am considering Central Bank[4000 branches], SBI[largest bank] and Indian Bank[efficient management and 1800 branches]. Uco bank[1600 branches]....

Because of poor 1st qtr working results buying at higher level will not emerge. So better to wait....

Here in India bank strikes are over. Let us have look for what happens in big banks in the west. A view of IMF chief is given in Bus.Std. Here it is for the information of employees and public.: 'Large US banks may fail amid recession' “The worst is yet to come in the US,” says IMF's former chief economist. The US housing slump has triggered more than $500 billion of credit market losses for banks globally. Credit market turmoil has driven the US into a recession and may topple some of the nation’s biggest banks, said Kenneth Rogoff, former chief economist at the International Monetary Fund. “The worst is yet to come in the US,” Rogoff said in an interview in Singapore today. “The financial sector needs to shrink; I don't think simply having a couple of medium-sized banks and a couple of small banks going under is going to do the job.” The worst is yet to come is the caution as the world banking industry is interdependent.Once the inflation and recession steps in all banks are sailing in the same boat,to give concern for the Govt. and Public alike v.krishnamoorthy ...

this stock was in upper circuit for the last two weeks(with low volume.).now all of a sudden lacs of shares are traded.someone has offloaded his share.it has not moved recently.it could be a trap for retail investor.remember spice mobile.watch out....

The deal for sale took place after the company was de-merged from GMR Industries and before it was listed. Hence, it did not figure in the NSE/BSE announcements. It is really a surprise as to why the GMR group sold it at a low price of Rs. 26.04 to Cronimet. Maybe they got demoralised when after being allotted chrome mines in Orissa the allotment was cancelled by Supreme Court. They may have wanted to exit the company quickly and use the proceeds elsewhere. The fact remains that the open offer to investors will be at Rs. 26.04. The company has reported a quarterly EPS of Rs.9.91 (Rs.39.64 annualised. If the present performance can be maintained, the share remains a good buy. The open offer at Rs. 26.04 should come out soon and should not much of a response when the share price is already so high and likely to rule this high....

Falling crude oil, strengthening Dollar, rising income of Indians across the sectors are all indicating good time for equities.Real estate is he area where all the economic growth reflects first.Also it is the sector will be beaten down at any down trend. India is in growth path, though we are at a slow pace now.realty have bright future and will give decent retuns in the years to come. Utilise this opportunity to buy it cheap. good luck...

How do you find UCO,Dena,Canara,Union Bank also DCB?...

Mukut, Check the following web site: ***.livemint.***/2008/05/30002724/GMR-sells-ferro-alloys-biz-to.html?d=1, the price of 26rs is quoted, based on last years earnings. Let me know what you think, it is scary! Kumar...