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Accumulate TV TodayNetwork, target of Rs 102: Angel

Posted on: Friday, June 19th 2009 and is filed under Brokerage Recommendations.

Angel Broking has recommended an accumulate rating on TV TodayNetwork, with price target of Rs 102, in its report dated June 18, 2009. “At the CMP of Rs 90, TVTN is trading at 9.7x FY2011E EPS of Rs 9.3. We believe improved traction in terms of viewership of its channels and higher...

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Opto Circuits soars over 7% on strong Q4 nos

Posted on: Friday, June 19th 2009 and is filed under Stock News.

The stock remained firm and finally ended with a gain of 7.5% at Rs 162. It has gained 22% in the past month. Around 963,830 shares were traded at the counter on the BSE today.Opto Circuits India has surged in early trades backed by strong Q4 numbers.The stock opened Rs 5 higher at Rs 155...

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Govt mulls 10% stake sale in Bhel

Posted on: Friday, June 19th 2009 and is filed under Stock News.

NEW DELHI: The government will ‘positively’ consider selling 10% stake in state-run engineering firm Bharat Heavy Electrical Ltd, minister of heavy industries Vilasrao Deshmukh said on Friday. The government currently owns 67.7% stake in Bhel and the stake sell can fetch Rs 1...

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IRB Infra emerges lowest bidder, stock surges 4%

Posted on: Friday, June 19th 2009 and is filed under Stock News.

IRB Infrastructure Developers has surged on hopes of winning the bid for the NH-15 in Punjab.The stock opened 7% higher at Rs 140 and slipped to a low of Rs 134. Soon it surged 9% to a high of Rs 143. The stock is currently up 4.3% at Rs 137. Over 631,000 shares have been traded on the BS...

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Buy Indian Hotels Ltd – Booked profits at 68

Posted on: Friday, June 19th 2009 and is filed under Swing Calls.

Buy INDIAN HOTELS CO LTD CMP 63.90, Target: 70, SL: 59 Looking at the current market volatility the SL has been changed from 61.50 to 59 on 22 June 2009 Call given by Kartik ...

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Sensex rangebound; Tata Motors, L&T, Rel Infra up

Posted on: Friday, June 19th 2009 and is filed under Market News.

MUMBAI: Indian markets were moving in a narrow range on Friday with a positive bias as investors bought stocks at lower levels. Indices had shot up over 1 per cent in early trade but couldn’t absorb the supply in frontline stocks. Meanwhile midcap and smallcap stocks showed some resist...

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Nifty reclaims 4300; Tata Motors, DLF in lead

Posted on: Friday, June 19th 2009 and is filed under Market News.

MUMBAI: Equities rebounded on Friday on the back of positive cues from overseas markets. Realty and capital goods fronted the upmove. Secondline counters were trading on a positive note as well. “We expect the market to bottom out today and expect buying at lower levels. We are positiv...

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Top 100 stocks with the lowest P/E

Posted on: Friday, June 19th 2009 and is filed under Stock Research.

Following is the list of stocks having a P/E less than 4.20. For people who don’t know what P/E is about I recommend them to check it out here. The list is generated as on 18th June 2009 But ...

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Intraday calls for 19-06-09

Buy Central Bank of India at 81.20, target: 83.50. Stoploss: 80.30 Buy Opto Circuits at 150, target: 158. Strict stoploss: 147 If markets show weakness later during the day, short sell: Reliance Capital. Please trade in small quantities. ...

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Sebi approves concept of anchor investor in IPOs

Posted on: Thursday, June 18th 2009 and is filed under Market News.

The Securities and Exchange Board of India (SEBI) Chairman, C B Bhave on Thursday approved the concept of anchor investor (AI). The new entity will be allowed to take part in the public offers to give the required boost to the primary market. During the board meet, it was also decided th...

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