Why Punj Lloyd buzzing

Today Punj Lloyd made huge advancement . The reason  is that Punj Lloyd's wholly owned subsidiary, Sembawang Engineers and Constructors, has won a major contract worth 463 million Singapore dollars for architectural, civil and structural work at the proposed Bayfront MRT station in Marina Bay in Singapore.

Relaunched

Today investcare blog is re launched in the new domain http://www.investchips.com/ . Though all the old posts were retained, you will see the difference in the new postings. Expect more. Even if you type investcare.blogspot.com it would still land you @ http://www.investchips.com/ . Thanks for your patronage.

Greaves Cotton Ltd (GCL): BUY



Greaves Cotton Ltd (GCL)

CMP Rs335, BUY

Target price Rs435, Upside 29.9%

 

ä       Infrastructure equipment business to drive growth

 

ä       New initiatives to boost power engine revenues

 

ä       Acquisition and new product launch to tackle Piaggio insourcing

 

Trading at 9.5x FY09E earnings - Value BUY

GCL is currently trading at 9.5x FY09E earnings of Rs35.7 and 5.8x FY09E EV/EBITDA. These valuations are attractive, given the company's earnings CAGR of 19% over FY07-09E, strong ROCE (more than 40%) and discount to its peer group. Furthermore, strong internal accruals over the past two years have substantially increased GCL's tangible networth. These, combined with debt reduction initiatives, have significantly reduced gearing over the last two years. We recommend Buy with a target price of Rs435, representing potential upside of 30% from the current levels.

 

Click below for the detailed report on Greaves Cotton Ltd (GCL).

http://www.indiainfoline.com/adserver/InverstorReport_greavescttn281107.asp

 

 

Warm Regards,

 

India Infoline Research Team


Fwd: Graphite India Ltd: "In favourable times"

---------- Forwarded message ----------
From: info@5pmail.com
Date: Tue, 27 Nov 2007 13:20:51 +0530
Subject: Graphite India Ltd: "In favourable times"
To: undisclosed-recipients

Graphite India Ltd: "In favourable times"

CMP Rs80, BUY

Target price Rs114, Upside 42.1%

ä EAF steel production is witnessing healthy growth

ä Graphite electrode is an indispensable consumable in the EAF
process

ä Graphite electrode manufacturers are operating in a
strong pricing environment

ä GIL has been benefiting from improving business fundamentals

ä Valuations are attractive and deserve a re-rating; recommend Buy
Click below for a detailed report on Graphite India Ltd (GIL).

http://www.indiainfoline.com/adserver/InverstorReport_graphite271107.asp
<http://www.indiainfoline.com/adserver/InverstorReport_graphite271107.as
p>

Warm Regards,

India Infoline Research Team

Jyothy Laboratories Ltd: Subscribe



Jyothy Laboratories Ltd
Price Band (Rs) 620-690, Subscribe

        
Ltd
  • Jyothy Laboratories Ltd (JLL) is an FMCG company making a range of branded products, including fabric whiteners, mosquito repellents, dish-washing soap, soaps and incense. Its key brands are Ujala, Maxo, Exo, Jeeva and May a.

  •  Ujala is a well-known brand of fabric whitener, with dominant market share of approximately 72% in the category

  •   Local presence and wide distribution reach

  •  Targets the rural market   

  •   Entering into new joint-venture initiatives

 

Click below for a detailed note on the same.

http://www.indiainfoline.com/adserver/InverstorReport_jyothy231107.asp  

 

 

Warm Regards,

 

India Infoline Research Team

 

MRTPC probe banks on home loans


Finally Indian Authorities waking up .The Monopolies and Restrictive Trade Practices Commission (MRTPC) has ordered a probe into the procedure banks and Institutions use when giving , home loans reports CNBC-TV18.

MRTPC probe into the procedure banks use when giving home loans. The investigation will focus on new home loans  customers being offered lower rates while existing customers pay a higher rate of interest. It's something the MRTPC thinks is wrong. The commission also believes banks do not give customers the full benefit of a floating rate. When costs rise, banks hike interest rates, but a fall in costs is not passed on fully to the existing clients.

That's not all. The commission has also raised questions on how banks arrive at the rate of interest that customers are charged. It says, instead of the benchmark prime lending rate, banks should use an external benchmark to fix home loan rates. The investigative wing of the commission has been asked to submit its report on these issues within 60 days.

Thanks to Moneycontrol.com

Shiv-Vani Oil & Gas Exp Services Ltd: BUY


Shiv-Vani Oil & Gas Exp Services Ltd

CMP Rs424, BUY

Target price Rs648, Upside 52.8%

 

Shiv-Vani faces huge growth opportunity due to following

ä       Huge order inflow on the back of a surge in E&P capex

ä       Commitments made in first six NELP rounds yet to be comple ted, NELP VII due in December 2007

ä       CBM turnkey projects is a new source of revenue

 

Valuations are attractive; recommend a BUY with a target price Rs648

At CMP of Rs424, the stock trades at P/E multiple of 9.2x and 7.2x on estimated earnings of Rs46.3 and Rs58.5 for FY09 and FY10 respectively. Given the expected robust build-up in SVL's order book and a rise in operating margins to 39%, we recommend a BUY with a target price of Rs648, implying an upside of 52.8%.

 

Click below for a detailed Report on Shiv-V ani Oil & Gas Exp Services Ltd

http://www.indiainfoline.com/adserver/InverstorReport_shivvanioil221107.asp

 

 

Warm Regards,

 

India Infoline Research Team 

 


My Father - Mail received from a friend



-


أنا وأبي

Me and My Father

 

وأنا عمري 4 أعوام : أبي هو الأفضل

When I was 4 Yrs Old : My father is THE BEST

 

وأنا عمري 6 أعوام : أبي  يعرف كل الناس

When I was 6 Yrs Old : My father seems to know everyone

 

وأنا عمري 10 أعوام : أبي ممتاز ولكن خلقه ضيق

When I was 10 Yrs Old : My father is excellent but he is short tempered

 

وأنا عمري 12عاما : أبي كان لطيفا عندما كنت صغيرا

When I was 12 Yrs Old : My father was nice when I was little

 

وأنا عمري 14 عاما : أبي بدأ يكون حساسا جدا

When I was 14 Yrs Old : My father started being too sensitive

 

وأنا عمري 16 عاما : أبي لا يمكن أن يتماشى مع العصر الحالي

When I was 16 Yrs Old : My father can't keep up with modern time

 

وأنا عمري 18 عاما : أبي ومع مرور كل يوم يبدو كأنه أكثر حدة

When I was 18 Yrs Old : My father is getting less tolerant as the days pass by

 

وأنا عمري 20 عاما : من الصعب جدا أن أسامح أبي ، أستغرب كيف استطاعت أمي أن تتحمله

When I was 20 Yrs Old : It is too hard to forgive my father, how could my Mum stand him all these years

 

وأنا عمري 25 عاما : أبي يعترض على كل موضوع

When I was 25 Yrs Old : My father seems to be objecting to everything I do

 

وأنا عمري 30 عاما : من الصعب جدا أن أتفق مع أبى ، هل ياترى تعب جدى من أبي عندما كان شابا

When I was 30 Yrs Old: It's very difficult to be in agreement with my father, I wonder if my Grandfather was troubled by my father when he was a youth

 

وأنا عمري 40 عاما: أبي رباني في هذه الحياة مع كثير من الضوابط، ولابد أن أفعل نفس الشيء

When I was 40 Yrs Old: My father brought me up with a lot of discipline, I must do the same

 

وأنا عمري 45 عاما : أنا محتار ، كيف أستطاع أبي أن يربينا جميعا

When I was 45 Yrs Old: I am puzzled, how did my father manage to raise all of us

 

وأنا عمري 50 عاما: من الصعب التحكم في أطفالي، كم تكبد أبي من عناء لأجل أن يربينا ويحافظ علينا

When I was 50 Yrs Old : It's rather difficult to control my kids, how much did my father suffer for the sake of upbringing and protecting us

 

وأنا عمري 55 عاما: أبي كان ذا نظرة بعيدة وخطط لعدة أشياء لنا ، أبي كان مميزا ولطيفا.

When I was 55 Yrs Old: My father was far looking and had wide plans for us, he was gentle and outstanding.

 

وأنا عمري 60 عاما: أبي هو الأفضل

When I became 60 Yrs Old: My father is THE BEST

 

جميع ما سبق احتاج إلى 56 عاما لإنهاء الدورة كاملة ليعود إلى نقطة البدء الأولى عند الـ 4 أعوام .

Note that it took 56 Yrs to complete the cycle and return to the starting point "My father is THE BEST" !

 

فلنحسن إلى والدينا قبل أن يفوت الأوان ولندع الله أن يعاملنا أطفالنا أفضل مما كنا نعامل والدينا.

Let's be good to our parents before it's too late and pray to Allah that our own children will treat us even better than the way we treated our parents .

 

قال تعالى:

" وَقَضَى رَبُّكَ أَلاَّ تَعْبُدُواْ إِلاَّ إِيَّاهُ وَبِالْوَالِدَيْنِ إِحْسَانًا إِمَّا يَبْلُغَنَّ عِندَكَ الْكِبَرَ أَحَدُهُمَا أَوْ كِلاَهُمَا فَلاَ تَقُل لَّهُمَآ أُفٍّ وَلاَ تَنْهَرْهُمَا وَقُل لَّهُمَا قَوْلاً كَرِيمًا "

" وَاخْفِضْ لَهُمَا جَنَاحَ الذُّلِّ مِنَ الرَّحْمَةِ وَقُل رَّبِّ ارْحَمْهُمَا كَمَا رَبَّيَانِي صَغِيرًا "  ......  

 



The pains of pre-payment

Nice article appeared in the Hindu about the housing loan pre-payment. Do visit the following link to read
http://www.thehindu.com/pp/2007/11/17/stories/2007111750151000.htm

Kolte Patil Developers Ltd: Subscribe




Kolte Patil Developers Ltd

Price Band (Rs) 125-145, Subscribe       

    

Kolte Patil Developers Ltd (KPDL) is an ISO 9001–2000 certified real estate developer. It develops and constructs properties mainly in Pune and Bangalore. Since its incorporation in 1991, it has completed 25 projects, including 22 in Pune and three in Bangalore, covering 4.01mn sqft of saleable area.

 

ä       Land portfolio of 32.88mn sqft with mix of residential and commercial

ä       Well known developer in Pune and Bangalore regio n

ä       JV with private equity (real estate) fund to finance vital projects

ä       Building presence in promising locations across India

 

Click below for a detailed note on the same.

http://www.indiainfoline.com/adserver/InverstorReport_kolte201107.asp 

 

 

Warm Regards,

 

India Infoline Research Team


ICSA (India) Ltd: BUY


ICSA (India) Ltd

CMP Rs312, BUY

Target price Rs451, Upside 44.7%

 

ICSA, a proxy on the Indian power growth story, is expected to witness revenues and profits CAGR of 75.6% and 81.5% over FY07-09 respecti vely. This growth will be a fallout of the huge opportunity arising out of the APDRP scheme and infrastructure spend expected over the next couple of years. At the current price, the stock trades at 12.5x and 8.3x its FY08E and FY09E EPS of Rs25 and Rs37.6 respectively. We recommend BUY with a one-year price target of Rs451, an upside of 44.7%.

 

 

Click below for the Company Report on ICSA (India) L td

http://www.indiainfoline.com/adserver/InverstorReport_ICSA201107.asp

 

Warm Regards,

 

India Infoline Research Team


Clubbing of Settlements



Hi,

 

This is to inform you that Banks are closed on November 09, 2007 on account of Diwali.

 

Kindly note that shares bought by the client on November 08, 2007 should not be sold on November 09, 2007 as trades done on both these days will be settled together on November 13, 2007 since November 09, 2007 is a bank holiday.

 

Also, please note that the pay-in schedule for stocks sold on November 08, 2007 and November 09, 2007 has changed to 09.30 a.m. and 1.30 p.m. respectively.

 

Warm Regards,

 



Fwd: Commodity Report - Steel: Room for upside



-

Steel prices: Room for upside

CMP Rs22,160, BUY

Target price  Rs24,200, Upside 9.3%

 

ä       Global steel demand expected to grow by 6.8% , led by intense infrastructure activity in the BRIC nations.

ä       Chinese government curbs on export of primary metals to reduce over supply situation in the global market.

ä       Raw material costs, which are generally pass through, are expected to swell resulting into higher metal prices.

ä       We recommend BUY with a price target of Rs24,200 on the NCDEX, an upside of 9.3%.

 

Steel prices: room for upside

Strong demand momentum driven by the infrastructure sector is expected to continue in the near term. The higher steel consumption globally will allow steel manufacturers to pass through the rise in raw material costs, which are expected to jump by ~US$55-65 per ton in CY08. We expect steel prices to rise from current levels in the near term and remain around there. We expect, average CIS hot rolled coil prices to be US$590 in Q4CY07 and US$610 in CY08. On the NCDEX (National Commodity & Derivatives Exchange Ltd.), investors can buy with a price target of Rs24,200 per ton, an upside of 9.3%.

 


http://www.indiainfoline.com/adserver/InverstorReport_steel21107.asp

 

 

 

Warm Regards,

 

Tarang Bhanushali

India Infoline Commodities Ltd.

 

Oil & Natural Gas Corpn Ltd (Q2 FY08)



Oil & Natural Gas Corpn Ltd (Q2 FY08)

CMP Rs1,250, BUY

Target price Rs1,350, Upside 8%

 

ä         Lower subsidy burden boosts profitability

ä         Increased gas production and higher crude realizations drive topline growth

ä         Incremental volumes from OVL expected as projects enter the development phase.

ä         Undervalued in comparison to global peers on EV/BOE. We recommend a BUY with a target price of Rs1,350.

 

Click below for quarterly update on ONGC

http://www.indiainfoline.com/adserver/InverstorReport_ongc311007.asp

 

Warm Regards,

 

India Infoline Research Team

Muhurat Trading



 

We wish a very Happy Diwali and Prosperous New Year to you and your family.

 

Please note that both Exchanges are conducting special trading sessions on Friday, November 09, 2007 for muhurat trading on account of Diwali.

 

Market Opens - 6.00 p.m.
Market Closes - 7.00 p.m.


Post Closing starts -
7.20 p.m.
Post Closing Ends  -
7.30 p.m.

 


Indraprastha Gas Ltd (Q2 FY08): BUY




Indraprastha Gas Ltd (Q2 FY08)

CMP Rs131, BUY

Target price Rs153, Upside 16.8%

 

ä       Net sales increase by 12.9% yoy, tad lower than expectations of 13.9% yoy growth.

ä       OPM much in line with expectations at 43.1%

ä       Expansion in other regions and increased private car conversions to drive CNG volume growth in the future.

ä       Maintain BUY with a target price of Rs153.

 

Click below for Quarterly update on Indraprastha Gas Ltd

http://www.indiainfoline.com/adserver/InverstorReport_Indraprastha311007.asp

 

Warm Regards,

 

India Infoline Research Team

 

 

Disclaimer & Privacy Policies

(c) Mrs. Ruby Christy. This site and contents are owned by Mrs. Ruby Christy;
Use of this website and/or services offered by us indicates your acceptance of our Disclaimer& Privacy Policies.

Information and opinions provided on this website (www.investchips.com) has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions. Investchips.com and its affiliates, information providers or content providers and R.John Christy and his Family shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this website or feeds, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information. Investchips.com,its affiliates, information providers ,content providers and R. John Christy and his Family shall have no liability for investment decisions or other actions taken or made by you based on the information provided on this website. Any action you choose to take in the markets is totally your own responsibility. Investchips.com and R. John Christy and his Family will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. This information is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. Opinions expressed by R. John Christy are his own and not of his past, present and future employers.
The DoubleClick DART cookie is used by Google in the ads served on this websites displaying AdSense for content ads. When users visit this website and either view or click on an ad, a cookie may be dropped on that end user's browser.
  • Google, as a third party vendor, uses cookies to serve ads on this site.
  • Google's use of the DART cookie enables it to serve ads to your users based on their visit to this site and other sites on the Internet.
  • Users may opt out of the use of the DART cookie by visiting the Google ad and content network privacy policy.
  • www.investchips.com never collects any personal information of visitors.