Dear amitg74, Mr.S Jindal wants the scrip to be beaten very badly, what can poor investors like you & me do, Mr.Jindal is more interested to play politics with Mr.Ram Vilas Paswan for the UPA than look at the interest of his shareholders.
It is probably known to all that he was one of the person who had backed the Hon.Misnister to pass a ressolution prohibitting the Steel companies from increasing the prices of steel, eventhough the earlier agreement was they could from August 2008 due to the increase in the input costs.
Mr.S.Jindal with his congress lobby had been able to do very little for removing the export duties or even get a level playing field for steel companies and mine owners in this country...

There is abosolutely no information about this Pyxis Solutions,LLC, a new york limited liability company , expect that it is in the core business of testing etc.
Do you have any information about the last 3 year record of this company, their clientelle,turnover, revenue etc etc.what is BAT's role in this accquisition through ITC Infotech (USA)Inc, what is this 12A & 13L ,Subsidary to the subsidary etc, something fishy washy in real sense.
I feel the minority investors i.e. the public will probably have the right to know the details of the same deal etc,I dont know what the corporate law has to say on the foriegn subsidaries of Indian companies are they governed by the laws of the country they are loacated.
It is always beter for ITC has a scrip to see a bottom at Rs.150.00 160.00 , consolidate from there and the move beyond Rs.200 to Rs.220.00 , otherwise it will remain a range bound stock tugged away between 160.00 to 194.00....

Shanthi Gears had denied of any talks with Suzlon in the first place and Suzlon is non committal of the deal, hence lets not be in autopian dream.
As I had been always saying Shanthi gears management are a group of conservative crowd who will not give up control easily, that's the reason they have a trustby some name which hold 10% of their stakes managed by trustee's who are not in any real sense have business background.
Even the talk of a portion of the stake sales or a JV will only come through if the current management is proactive to give off their control of the company,another option will be for like minded conservative companies like TVS Group from Tamilnadu to buy out Shanthi gears as a vertical intergration strategy...

I had read the article,but both NDTV or the CNBC had not taken this up for their review in their visual media for some reason not known, they could have lined up MRPL officials to comment on this for the benifit of the investors and the Govt of india which is major stake holder through ONGC.
Media is always interested in Pvt playes like Reliance etc with their stories ,rather than supporting events and business of public sector companies like MRPL,NEYVELI etc...

How come PURU knew the buy back even before the media got the wind, but your expectation of Rs.325 for this scrip is farfetched I feel.
You can see for yourself how the scrip of Rain commodities had taken a beating in the brouses.
I am sorry if my words have hurt anyone in particular, my intention is place the point of view of investors like me on this board so that the media and certain responsible public take this up appropriately for the interest of investors...

Dear Ranjit72, he is probably one of the reddy's himself, how come he was so sure of the buy back.Why is the price of the scrip declining after this announcement?Like I had always mentioned that the motives are a suspect, alas no one looks into the interest of the poor investors in India.
The Reddy's with their influence with the rulling Congress Govt in AP probably feels that they can get away with anything, well let them understand their are some bueraucrats who are still damn right honest in India ...

Dear Ranjit72, he is probably one of the reddy's himself, how come he was so sure of the buy back.Why is the price of the scrip eclining after this announcement?Like I had always mentioned that the motives are a suspect, alas no one looks into the interest of the poor investors in India.
The Reddy's with their influence with the rulling Congress Govt in AP probably feels that they can get away with anything, well let them understand their are some bueraucrats who are still damn right honest in India...

Probably they may be waiting for final confirmation of the news. Not sure. Even otherwise MRPL is a good buy at current levels in view of their outstanding performance during last year and Q1 as well. I feel it is high time this stock should be traded above Rs. 100. ...

A lot has been said of this stock in the past few weeks and I am quite confident that something for sure is cooking, or else Mint would not come up with a detail news report of stake sale etc, I think its just a matter of time since such stake sales etc do take time but is happening for sure as it would seem like. Now just looking at the valuations a steady growth and improvement in its sales and profitability respectively in the past has been seen, which one can expect to continue going forward as well. While sales have grown at a compounded annual rate of 34% over the past 5 years, operating margins have improved from 30% to 38%. It seems going forward, take a 3 year perspective, sales and profits will grow at compounded annual rates of 20% and 26% respectively. Investments under way and planned in sectors like power, cement and steel lend good visibility to the company’s prospects. At the current price of Rs 72, the stock is trading at a multiple of 7.1 times and 5.7 times our estimated FY11 and FY12 earnings respectively. This is an attractive investment proposition for long term investors. One should buy and hold for a for some time so see great returns in this volatile mkt and should the stake sale news come in then for sure it will hit 130+ Any other thoughts, would like to hear and share. ...

Hi Boldy, Plan of buyback is there for a long time. Check old announcements from the company. Only after waiting for stock price to move up on its own, they have now announced that implementation now. Whatever price is announced for buy back, that will be maximum price which will be intending to buy. So that does not directly implies that share price will also rise to that price. It all will depend on the amount they are willing to spent on buy back, if it is significant then only some strong movement will start. My estimate is that buy back price will be announced at a max price 360 Rs....

Hi BOLDEEEEEEEEEEEEEEEE, From the very begining u sound REDDYS' r not ur one of the favs. But I don't get what u meant by " some honest bueras' in INDIA". What I am sure about is the Nos. of these HONEST BUERAs are so few that anyone can getaway with the other half easily and it does not matter whose Govt. is at HYD. As u will also agree with me that there is not a single politian in INDIA who we can say is HONEST. I suppose u can be little BnB than BnU in your words.(HUMOUR) But we both have to agree that the piece of information provided by Mr PURU is something really precious and out of blues. HAPPY CALCINING n CEMENTING with RAIN. RANJIT...

Dear Ranjit72, he is probably one of the reddy's himself, how come he was so sure of the buy back.Why is the price of the scrip declining after this announcement?Like I had always mentioned that the motives are a suspect, alas no one looks into the interest of the poor investors in India. The Reddy's with their influence with the rulling Congress Govt in AP probably feels that they can get away with anything, well let them understand their are some bueraucrats who are still damn right honest in India ...

To boldy I thank you for your reply. I am happy to share my divergent view for IDFC , which is in no way can be nearer to HDFC which you hope to have. I note an underlining honesty in your remarks and hopes. So it may fruityfy one day. As holders of both the scrips, since IPO in both cases, allow me to join you in your humble hopes. With tregards, V.Krishnamoorthy...

Boldy - One needs to be Strong and patient. One thing i will say is that Shanthi Gears will trade above 90s and may be 100s in a few days time. Be a little patient ........ Spice communication idea merger news - i waited for 3 weeks to get the news that took spice go up 30 percent in a day. So if u have patience ... Just a little more ... wait and u will get rich dividends - otherwise u can take risk and proceed to another stock... its up to you..........