The Nambiars are raising their holding in BPL from 56% to 73% according to a news. The additional shares are a conversion of loan and are proposed to be taken up at Rs. 43 per share.
Posted in Stocks, News Analysis | No Comments »
We recommended Kotak Mahindra Bank on 09th March 06 at 230 and it touched 247.90 on 10th March 06.
Posted in Daily Tips | 1 Comment »
Recently the focus of Mutual funds has been in auto, power and engineering stocks. They are exiting technology and Banking Stocks.
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DEDUCTIONS AVAILABLE FROM THE TOTAL INCOME UNDER INCOME TAX ACT
SECTION 80C OF INCOME TAX ACT
SECTION 80D OF INCOME TAX ACT
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Gitanjali gems listed today fell below its issue price. The stock is fundamentally very strong as compared to its peer group. The companies in the industry Rajesh Exports (Around 190 with face value of 2) and classic diamonds (around 185) do not have as good numbers as Gitanjali. Compared to its peer goup the stock should have a valuation of not less than Rs.250.
Posted in Stocks, IPO | No Comments »
Who is a Non Resident Indian?
Any person who is an Indian citizen and has gone out of the country for business, employment or any occupation or vocation or for any other purpose with an intention to stay outside India for an uncertain period is a Non Resident Indian.
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Share : GVK POWER & INFRASTRUCTURE
The shares were allotted in the IPO at Rs. 310 and yesterday it came down to Rs. 292. The share is fundamentally very strong and the price is very attractive at Rs. 292. Buy and hold it for some time to get good returns.
Posted in Daily Tips | 1 Comment »
Share : KOTAK MAHINDRA BANK
Buy this stock around Rs.230, it has a very strong support at 228, should go to Rs. 247 in a very short span of time.
Posted in Daily Tips | 5 Comments »
INVESTMENT PRUDENCE : GOING FOR LIFE INSURANCE?
Are you planning to insure your life? Great idea? But how do you choose your plan? Call an insurance agent and look out for the plans he suggests you and probably going for the one he recommends you or the one he sells you. Or may be you can call two or three insurance agents from different companies and end up choosing a plan that sounds best on paper.
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DON’T WAIT FOR CORRECTION
Are you holding your funds to be invested in stock markets and waiting for a major correction? And why not, most of the analysts on business channels, magazines and from broking houses are putting the public on caution, they are advising retail investors to stay away from the markets till the sensex is touching all time highs.
Posted in Share Market | No Comments »
