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Hold Adani Enterprises, says Sudarshan Sukhani

Written By Unknown on Senin, 05 Mei 2014 | 14.02

Sudarshan Sukhani of s2analytics.com is of the view that one may hold on to Adani Enterprises.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "One should hold on to Adani Enterprises  till the election results come out, there is a big risk but there is a reward also. One should stay on with it and that is the best option."

At 12:05 hrs Adani Enterprises was quoting at Rs 416.95, down Rs 3.70, or 0.88 percent. It has touched an intraday high of Rs 424.90 and an intraday low of Rs 412.50.

The share touched its 52-week high Rs 478.20 and 52-week low Rs 126.05 on 10 April, 2014 and 04 September, 2013, respectively. Currently, it is trading 12.81 percent below its 52-week high and 230.78 percent above its 52-week low. Market capitalisation stands at Rs 45,856.58 crore.

Disclosure: Analyst does not have any positions in the stock.


14.02 | 0 komentar | Read More

Surya Industrial Corporation: Updates on open offer

The Committee of Independent Directors of Surya Industrial Corporation recommends that the open offer price of Rs 10 per fully paid up equity shares is fair and reasonable.

D & A Financial Services (P) Ltd ("Manager to the Open Offer") on behalf of Mr. Pratik Sharadkumar Mehta, Mrs. Aruna Naresh Satunda, Mr. Kaushal D Vadecha and Mr. Nikhil Champaklal Shah ("Acquirers") has informed this Announcement to the shareholders of Surya Industrial Corporation Ltd ("Target"/"Target Company"/"SICL"), pursuant to Regulation 18 (7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, in respect of the open offer to acquire shares of Target Company. The Detailed Public Statement ("DPS") with respect to the aforementioned offer was published on March 13, 2014.Source : BSE

Read all announcements in Surya Industria

To read the full report click here


14.02 | 0 komentar | Read More

Arcotech to consider final dividend on May 07, 2014

Arcotech Ltd has informed that a meeting of the Board of Directors of the Company will be held on May 07, 2014, to consider audited financial results for the quarter and financial year ended March 31, 2014 and shall also consider to recommend final dividend for the financial year 2013-14.

Arcotech Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 07, 2014, inter alia, to consider audited financial results for the quarter and financial year ended March 31, 2014 and shall also consider to recommend final dividend for the financial year 2013-14.Source : BSE

Read all announcements in Arcotech


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Lucky 13: Midcaps stocks to buy for 19-109% returns

Written By Unknown on Minggu, 04 Mei 2014 | 14.03

SLIDESHOW

Sat, May 03, 2014 at 16:37

| Source: Moneycontrol.com

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.


14.03 | 0 komentar | Read More

Modi's dream team: Who may get which portfolio?

R Jagannathan
Firstpost.com

With just two phases of polling to go, and with no undercurrents of any mood reversal visible in the electorate so far, two things can be said with a fair degree of certainty: the NDA will win, and Narendra Modi will be the next Prime Minister. The only elements of doubt pertain to two related issues: will the current NDA combine get to 272 on its own or it will need more post-poll allies; and what will be the BJP's own score in this 272-plus scenario (below 200 or above it)?

Above 200, Modi will be unstoppable; below 200 he will have to stoop to scoop up new allies. In either scenario, we still have him as PM. The only scenario where his elevation will be in some doubt is if the BJP falls below 180, but no one is talking about this possibility.

So this is as good a time as any to speculate about the composition of the next government led by Modi after 16 May. Contrary to what many Modi-baiters may think, the fact is he is not likely to bring about radical changes in the cabinet system, and barring the odd person or two, I would expect to see many of the old NDA faces in a Modi government. The only faces from Vajpayee's NDA who will not be there are LK Advani and Jaswant Singh. Advani, for obvious reasons, cannot work under his prot�g�, and Jaswant has been shown the door. But old allies like Shiv Sena and Akali Dal could send in new faces, given their own generational changes, and new allies will obviously bring new hands to the deck.

Any Modi government will be determined by his own choice of areas he wants to show progress, and political pressures from his party and the allies. Those who think he will concentrate all power in his hands are surely going to be dead wrong, for it is simply not possible unless the BJP wins 350 seats on its own – which too is not something anyone is even considering as even a distant possibility. In short, Modi is not going to run a one-man show.

These are the pressures that will operate on Modi if he wins.

�#1: The pre- and post-allies will have to be accommodated. This means many portfolios will be negotiated by forces outside Modi's span of political control. For example, the Akalis and Shiv Sena will seek good portfolios, and so will Chandrababu Naidu's TDP, which will bring in many seats from Seemandhra. Ram Vilas Paswan's LJP and Modi's rainbow coalition in Tamil Nadu will need portfolios too. If the BJP is short of 272, it will need a Jayalalithaa or a Naveen Patnaik to form a government. And possibly a TRS from Telangana. They will be accommodated.

#2: Internal BJP allies and partners will have to be accommodated. Modi didn't get where he is without help. Rajnath Singh, who will not be in the cabinet, played a huge role in smoothening Modi's passage from CM to PM candidate. Many of the UP candidates will owe some degree of allegiance to him, and Modi will surely oblige. Moreover, Modi's close CM allies – Vasundhara Raje and Raman Singh – will surely be entitled to put some of their nominees in government.

#3: Even BJP powers that are not Modi camp-followers – including Shivraj Singh Chouhan of Madhya Pradesh, Sushma Swaraj and Murli Manohar Joshi – will not be ignored. Modi may want to have his own people everywhere, but he knows that he also needs the state-level strengths brought by a Chouhan. Sushma and Joshi will surely be given decent portfolios – if only to avoid overt disgruntlement.

#4: Modi's external allies – Baba Ramdev and the RSS – will have some contributions to make in cabinet formation.

#5: Modi himself, of course, is not going to be someone who will just accept everyone's nominees. He has been in the race for PM, one suspects, partly to put 2002 behind him, and this means he will want performers in key ministries, even if they are not politicians with their own bases. Moreover, Modi may have particular interests in specific ministries which are sensitive politically to his priorities and those of his party.

#6: The last consideration will be regional representation. Many of the junior ministers may thus come from regions where the BJP may have few (or no) seats (for example, Kerala and West Bengal).

Given this backdrop, what is the most likely composition of a Modi government? It is best to look at portfolios that will be crucial to Modi's success and match them with the talent available to fit the bill.

Finance: Since this election is about the economy, finance will be the most critical portfolio. And here all signals points to one candidate: Arun Jaitley, the BJP's most articulate spokesman, who could be the MP elected from Amritsar if all goes well. He has been talking a lot of the economy. Modi himself hinted at an Amritsar rally recently that Jaitley will get an important portfolio – though not in so many words. Jaitley is thus likely to get the job. A junior minister here could be Piyush Goyal, with other junior ministers coming from allied parties.

Defence: Modi's keen interest in building a domestic defence industry and strengthening national security means he will want a competent minister here who will do a good job. Given the succession tussles now underway in the army, and the poor performance of the UPA in terms of modernisation and upgradation of the country's defence preparedness, Modi would need a sane and sensible minister here. The job could go to anybody Modi trusts – even a heavyweight suggested by Rajnath Singh. Modi may even retain the job with himself for a while.

External Affairs: This ministry will probably be given to someone familiar with economic diplomacy, a key Modi idea. Yashwant Sinha, who has been both finance minister and foreign minister, would be a perfect fit, but he has not contested the Lok Sabha polls this time, having got a ticket for his son Jayant instead. But if Jayant is not to be accommodated in the ministry if he wins, Sinha should be a possibility for the job.


14.03 | 0 komentar | Read More

WEATHER ALERTS IN INDIA ON 3rd MAY

According to the latest weather update by Skymet Meteorology Division in India, here are the weather alerts across the country issued on 3rd of May:

Weather alert for Kerala issued at 16:15 hours

Light to moderate rain and thundershowers at a few places are likely over Alappuzha, Idukki, Kollam, Pathanamthitta and Thiruvananthapuram districts of Kerala with strong average winds of 30 kmph gusting at 50 kmph during the next 2 to 4 hours.

Weather alert for Tamil Nadu issued at 16:09 hours

Light to good amounts of rain and thundershowers are likely at a few places over Ariyalur, Kanchipuram, Perambalur, Salem, Tiruchirappalli, Tiruvannamalai and Villupuram districts of Tamil Nadu with strong average winds of 40 kmph gusting at 70 kmph during the next 2 to 4 hours.

Weather alert for Odisha issued at 16:02 hours

Light to good amounts of rain and thundershowers are likely at a few places over Angul, Kendujhar and Mayurbhanj districts of Odisha with strong average winds of 40 kmph gusting at 70 kmph during the next 2 to 4 hours.

Weather alert for Jharkhand issued at 15:58 hours

Light to good amounts of rain and thundershowers are likely over Chaibasa, East Singhbhum and West Singbhum districts of Jharkhand with strong average winds of 50 kmph gusting at 80 kmph during the next 2 to 4 hours.

Weather alert for Meghalaya issued at 14:23 hours

Light to good amounts of rain and thundershowers at some places are likely over Jaintia Hills district of Meghalaya with strong average winds of 50 kmph gusting at 70 kmph during the next 2 to 6 hours.

Weather alert for Andhra Pradesh issued at 14:19 hours

Light to good amounts of rain and thundershowers are likely over Hyderabad, Mahbubnagar and Rangareddy districts of Andhra Pradesh with strong average winds of 50 kmph gusting at 70 kmph during the next 2 to 6 hours.

By: Skymetweather.com


14.03 | 0 komentar | Read More

TRF consolidated Mar '14 sales at Rs 352.82 crore

Written By Unknown on Sabtu, 03 Mei 2014 | 14.02

TRF consolidated Mar '14 sales at Rs 352.82 crore - Moneycontrol.com

May 03, 2014, 12.19 PM IST | Source: Moneycontrol.com

TRF has reported a sales turnover of Rs 352.82 crore and a net profit of Rs 24.15 crore for the quarter ended Mar '14

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TRF consolidated Mar '14 sales at Rs 352.82 crore

TRF has reported a sales turnover of Rs 352.82 crore and a net profit of Rs 24.15 crore for the quarter ended Mar '14

TRF has reported a consolidated sales turnover of Rs 352.82 crore and a net profit of Rs 24.15 crore for the quarter ended Mar '14. Other income for the quarter was Rs 3.43 crore.
For the quarter ended Mar 2013 the consolidated sales turnover was Rs 292.09 crore and net loss was Rs 51.07 crore, and other income Rs 3.20 crore.
TRF shares closed at 150.30 on April 30, 2014 (NSE) and has given 25.20% returns over the last 6 months and -17.46% over the last 12 months.
TRF
Consolidated Quarterly Results -------- in Rs. Cr. --------
Mar '14 Dec '13 Sep '13
Sales Turnover 352.82 236.89 260.11
Other Income 3.43 8.58 0.95
Total Income 356.26 245.47 261.05
Total Expenses 343.43 245.19 270.25
Operating Profit 9.39 -8.30 -10.14
Profit On Sale Of Assets -- -- --
Profit On Sale Of Investments -- -- --
Gain/Loss On Foreign Exchange -- -- --
VRS Adjustment -- -- --
Other Extraordinary Income/Expenses -- -- --
Total Extraordinary Income/Expenses 29.73 -- --
Tax On Extraordinary Items -- -- --
Net Extra Ordinary Income/Expenses -- -- --
Gross Profit 12.82 0.28 -9.19
Interest 14.72 14.73 15.43
PBDT 27.84 -14.45 -24.63
Depreciation 2.98 3.07 3.08
Depreciation On Revaluation Of Assets -- -- --
PBT 24.86 -17.52 -27.71
Tax 0.46 -0.13 0.31
Net Profit 24.40 -17.39 -28.02
Minority Interest -0.25 -0.06 0.01
Share Of P/L Of Associates -- -- --
Net P/L After Minority Interest & Share Of Associates 24.15 -17.45 -28.01
Prior Years Income/Expenses -- -- --
Depreciation for Previous Years Written Back/ Provided -- -- --
Dividend -- -- --
Dividend Tax -- -- --
Dividend (%) -- -- --
Earnings Per Share 22.17 -- --
Book Value -- -- --
Equity 11.00 11.00 11.00
Reserves -- -- --
Face Value 10.00 10.00 10.00
Source : Dion Global Solutions Limited

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14.02 | 0 komentar | Read More

Grasim consolidated Mar '14 sales at Rs 8,418.73 crore

May 03, 2014, 12.21 PM IST | Source: Moneycontrol.com

Grasim Industries has reported a sales turnover of Rs 8,418.73 crore and a net profit of Rs 679.27 crore for the quarter ended Mar '14

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Grasim consolidated Mar '14 sales at Rs 8,418.73 crore

Grasim Industries has reported a sales turnover of Rs 8,418.73 crore and a net profit of Rs 679.27 crore for the quarter ended Mar '14

Grasim Industries has reported a consolidated sales turnover of Rs 8,418.73 crore and a net profit of Rs 679.27 crore for the quarter ended Mar '14. Other income for the quarter was Rs 128.29 crore.
For the quarter ended Mar 2013 the consolidated sales turnover was Rs 7,672.41 crore and net profit was Rs 817.64 crore, and other income Rs 207.45 crore.
Grasim shares closed at 2,613.60 on April 30, 2014 (BSE) and has given -6.86% returns over the last 6 months and -10.84% over the last 12 months.
Grasim Industries
Consolidated Quarterly Results -------- in Rs. Cr. --------
Mar '14 Dec '13 Sep '13
Sales Turnover 8,418.73 7,120.47 6,848.69
Other Income 128.29 105.71 109.18
Total Income 8,547.02 7,226.18 6,957.87
Total Expenses 6,891.71 6,083.00 5,814.51
Operating Profit 1,527.02 1,037.47 1,034.18
Profit On Sale Of Assets -- -- --
Profit On Sale Of Investments -- -- --
Gain/Loss On Foreign Exchange -- -- --
VRS Adjustment -- -- --
Other Extraordinary Income/Expenses -- -- --
Total Extraordinary Income/Expenses -- -- --
Tax On Extraordinary Items -- -- --
Net Extra Ordinary Income/Expenses -- -- --
Gross Profit 1,655.31 1,143.18 1,143.36
Interest 108.24 124.86 119.31
PBDT 1,547.07 1,018.32 1,024.05
Depreciation 389.20 366.65 357.74
Depreciation On Revaluation Of Assets -- -- --
PBT 1,157.87 651.67 666.31
Tax 168.35 183.58 123.96
Net Profit 989.52 468.09 542.35
Minority Interest -340.49 -160.90 -114.50
Share Of P/L Of Associates 30.24 24.74 22.48
Net P/L After Minority Interest & Share Of Associates 679.27 331.93 450.33
Prior Years Income/Expenses -- -- --
Depreciation for Previous Years Written Back/ Provided -- -- --
Dividend -- -- --
Dividend Tax -- -- --
Dividend (%) -- -- --
Earnings Per Share 107.74 50.97 59.07
Book Value -- -- --
Equity 91.84 91.84 91.82
Reserves -- -- --
Face Value 10.00 10.00 10.00
Source : Dion Global Solutions Limited

Buy & sell politicians on Power Play
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14.02 | 0 komentar | Read More

Buy Marico; target of Rs 262: ICICIdirect.com

ICICIdirect.com is bullish on Marico and has recommended buy rating on the stock with a target of Rs 262, in its May 03, 2014 report.

ICICIdirect.com report on  Marico :

Marico reported healthy volume growth of ~6% (I-direct estimate: ~3%) aided by a revival in Parachute's volume growth to ~10%

Revenue growth (adjusting base quarter revenues for ex-Kaya) was healthy at 17.3% YoY to Rs 1069.8 crore (I-direct estimate: Rs 1017.4 crore)

In spite of the input cost inflation, margins reported a 234 bps YoY increase to 14.4% aided by lower marketing spends

Volume growth to revive; we remain positive!

We believe that though Marico's volume growth has witnessed some pressure since H2FY13, the company's strong brand strength in hair oils and edible oils would soon revive its volume growth to 8-10% by H2FY15E following a revival in urban discretionary demand, increasing presence in rural India and increased marketing initiatives. We estimate the revenue growth in FY13-16E at 14.2% CAGR. Further, with a changing sales mix, stabilising margins in international business and de-merger of the loss making Kaya business, we expect margins to improve to 16.7% by FY16E (~14% in FY13). Higher margins would, thereby, aid the earnings growth to remain healthy at 19.7% CAGR in FY13-16E adjusting for Kaya numbers in FY13). Hence, we value the stock at ~10% premium to the historic two-year forward multiple at 25x FY16E EPS of Rs 10.5 assigning the stock a target price of Rs 262 with a BUY rating.

For all recommendations,  Click here   

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click here


14.02 | 0 komentar | Read More

Maruti Suzuki may touch Rs 1989-1990: Pritesh Mehta

Written By Unknown on Jumat, 02 Mei 2014 | 14.03

According to Pritesh Mehta of IIFL, Maruti Suzuki may touch Rs 1989-1990.

Pritesh Mehta of IIFL told CNBC-TV18, "If you talk about Maruti Suzuki  from a slightly longer term perspective, this recent correction for last four days should not concern us because after the sharp decline in late March the stock has gradually moved higher."

"Moving along with the support of its raising trend line, this stock is going to sustain around current levels, there could be bit of selling pressure in the near term, it can go back to Rs 1860-1850 but we should not be worried about it. In fact there is strong support at those levels and the stock can again bounce back, it can go back to levels of Rs 1989-1990," he added.

At 12:02 hrs Maruti Suzuki India was quoting at Rs 1,886.95, down Rs 31.05, or 1.62 percent. It has touched an intraday high of Rs 1,907.60 and an intraday low of Rs 1,883.75.

The share touched its 52-week high Rs 2,007.60 and 52-week low Rs 1,217 on 22 April, 2014 and 28 August, 2013, respectively. Currently, it is trading 6.01 percent below its 52-week high and 55.05 percent above its 52-week low. Market capitalisation stands at Rs 57,001 crore.

Disclosure: Analyst might have recommended the stock to his clients but has no personal holdings.


14.03 | 0 komentar | Read More
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