All about money that one needs
The Infrastructure PlayIndia needs new roads, ports, airports, railway lines and huge amounts of power. Apart from steel and cement, there are several ancillary plays as well. For instance, warehouse network will be needed along the roads and near ports. As more small towns get connected to big cities through roads, vehicle sales will benefit. [...]
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Stock – Mahindra & Mahindra Ltd.CMP – 675.00BSE Code – 50052052 Week H/L – 700 – 235.50 Summary: Last week the company announced its quarterly results. The results were profits surges 89% jump in its net profit at Rs 418.07 crore for the quarter ended March 31, 2009.Net profit of the company year ago was [...]
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Scrip – Apollo Tyres Ltd.CMP – Rs 29.55BSE Code – 500877Market Cap – 1489.32 Crores. Introduction:Apollo Tyres Ltd. (ATD) is engaged in the global tire industry. It launched Regal brand of radials for truck and bus commercial vehicles. Its products include truck/bus radial, Off-The-Road (OTR) tires, retreading and allied automotive services. It EnduRace, a truck-bus [...]
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All saw a sudden boom in RIIL (Reliance Industrial Infrastructure.) The stock which made the people crazy giving 150% + returns in a couple of weeks.At present RIIL’s CMP is 737. It had touched Rs 920 odd levels from 35o odd levels. The main reasons why the stock rose – (The two main reasons) There [...]
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Marico’s stock has been an underperformer in the FMCG pack despite the market preference for defensive stocks over the past year. The better growth rates managed by larger FMCG rivals over the past three quarters and muted performance from Marico, due to higher raw material prices, have weighed on the stock. But with price hikes [...]
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Investors with a long-term perspective can continue to hold the Hindalco (Rs 59) stock even if the company’s near-term earnings performance is lacklustre. Hindalco’s operations have delivered reasonable growth on a standalone basis, but muted profitability and high debt of the Novelis acquisition have brought down valuations in recent times. As a low cost and [...]
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Investors can consider buying the stock of AIA Engineering, the world’s second largest manufacturer of high-chrome mill internals. Our recommendation stems from the steady demand for AIA’s products from cement companies, both domestic and global, as also the revival of enquiries from the mining sector. Production cuts taken by some of its potential clients in [...]
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Investors with a high-risk appetite can consider accumulating the stock of Welspun Gujarat Stahl Rohren, a leading manufacturer of steel pipes. At the current market price of Rs 80, the stock trades at about five times its estimated FY10 per-share earnings. Besides attractive valuations, the company’s buoyant order book and well-entrenched relationship with global oil [...]
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Investments with a two-year horizon can be considered in the shares of CMC, in the light of the stock’s reasonable valuations. The company is an integrated IT systems player and has managed a fruitful margin expansion drive through a change of its business mix. A roster of domestic and international clients, especially government clientele where [...]
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A steeper-than-expected downward revision in sugar output estimates has made the outlook for domestic prices quite bullish over the medium term. Despite policy intervention to curb prices, sugar prices, over the next few quarters, are likely to respond to the extremely tight demand-supply situation. Higher realisations on sugar are likely to reflect in improving profit [...]
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