Money Tree

PREVIOUS TIPS
We recommended Kotak Mahindra Bank two times previously at Rs. 230 and yesterday it touched Rs. 266.60.

Read the rest of this entry »

Nitco Tiles was listed today. It was not a great listing. The shares were allotted for Rs. 168. The stock opened at 180 and then came down to touch Rs. 161. On the higher side the stock crossed Rs. 189 and closed at Rs. 183.25.

Read the rest of this entry »

PREVIOUS TIPS
We recommended Ucal Fuel Systems on 20th March at Rs. 188 and it touched Rs.202 on the same day. And we recommended Bartronics India Below Rs. 100 and it touched Rs. 104.90 yesterday.

Read the rest of this entry »

PREVIOUS TIPS
We recommended NDTV on 9th March at Rs. 210 and on 17th March it touched Rs.231. Those who have invested in it at our recommended level may stay invested in it for some more time.

Read the rest of this entry »

Minsitry of company affairs has launcehd its ambitious project MCA 21 on 18th March 2006 in New Delhi.

Read the rest of this entry »

Two new stocks were listed on friday.

BL kashyap & Sons Ltd.

The shares were allotted for Rs.685 per share. Yesterday the stock after opening at Rs. 800 crossed Rs. 1036 and then closed at Rs. 973.30. This was a good listing, the stock gave a return of more than 42% on the first day of trading. The stock performed better than expected.

Read the rest of this entry »

PREVIOUS TIPS
We recommended Kotak Mahindra Bank on 14th March for the second time at Rs. 230 and on 16th March it touched Rs.247 again.

Read the rest of this entry »

PREVIOUS TIPS
We recommended Celebrity fashions on 13th March at Rs. 170 and on 14th March it touched Rs.202.

Read the rest of this entry »

Indian Petrochemicals Corporation Ltd.

This is a Mukesh Ambani Group Company engaged in the business of Petrochemicals and polymers. The company had posted remarkable increase in profits at the end of financial year 2005.
The EPS based on profits of year 2005 is around Rs. 34 and its current market price is around Rs. 235, which means the stock is available at a PE ratio of about 7, which seems to be very cheap compared to its peer group. Further the company is expected to post good results during the current fiscal. The unaudited results will be out in about a month and the stock price should match its results.

Read the rest of this entry »

PREVIOUS TIPS
We recommended Rajesh Exports on 9th March at 182 and on 13th March it touched 200. AND on 10th March, we recommended Reliance Communication Ventures at Rs. 292 and on 13th March it touched 328.

Read the rest of this entry »