Patels Airtemp India Cluster: Emerging Star Recommendation: Buy Price target: Rs94 Current market price: Rs68 Better operating performance boosts profits Result highlights Patels Airtemp?s net sales in Q2FY2010 declined by 7.5% yoy to Rs20.3 crore on account of lower commodity prices and lesser trading of goods. The operating performance was spectacular with the … [Read more...]
STOCK UPDATE :BASF india
BASF India Cluster: Ugly Duckling Recommendation: Buy Price target: Rs390 Current market price: Rs343 Price target revised to Rs390 Result highlights BASF India?s stand-alone Q2FY2010 performance is in line with our expectation. The net profit for the quarter came in at Rs34 crore, up by 30.3% year on year (yoy), as compared with our estimate of Rs34.7 crore. The … [Read more...]
STOCK IDEAS :Dhampur Sugar Mills
Dhampur Sugar Mills Cluster: Cannonball Recommendation: Buy Price target: Rs180 Current market price: Rs120 Sweeter than its peers Key points Profits to triple in FY2010: Dhampur Sugar Ltd (DSL) is one of the key beneficiaries of the current upturn in the sugar cycle. In the sugar year (SY) SY2009, higher sugar prices had led to a jump of ~46% in the realisation of … [Read more...]
The Nifty Levels for 13th November 2009
Please find the correct levels for nifty The Nifty Levels for 13th november 2009 are First Resistance = 5018 First Support =4918 Second Resistance =5067 Second Support =4867 Breakout above = 5118 Break down Below = 4818 The above levels are for intraday only For Sure Shot pack and good Gains in Nifty Please visit Nifty Live Charts.com … [Read more...]
How to make profit in volatile market?
Stock market volatility is a measure of how paranoid investors are about the uncertainty and the prospects ahead of them. In a volatile market, you can count on one thing - wild price swings. If you are a great timer of market, then this is great news for you but if you are not the speculative type or can't stomach the risk, why not simply use the volatile condition directly to … [Read more...]