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Satyam receives buyout proposals

Posted on: Tuesday, January 20th 2009 and is filed under Stock News.

The new board of Satyam Computer Services today confirmed it received buyout proposals from both Indian and foreign firms besides a favourable response from banks for credit to meet the company’s cash requirements.“All I can say, we have been approached by potential buyers”, boa...

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Buy Axis Bank, target of Rs 530: Indiabulls Securities

Posted on: Tuesday, January 20th 2009 and is filed under Brokerage Recommendations.

ndiabulls Securities Research has maintained its buy rating on Axis Bank with a target of Rs 530 in its January 19, 2009 research report. “Axis Bank delivered weak operating results for Q3’09. While the reported net income did increase 24.3% qoq, it was primarily driven by lower p...

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Buy UltraTech Cement, target of Rs 500: VCK Share

Posted on: Tuesday, January 20th 2009 and is filed under Brokerage Recommendations.

VCK Share and Stock Broking Services has recommended a buy rating on UltraTech Cement with a target of Rs 500 in its research report. “For the quarter Q3FY09, the total cement production was 3.80 million MT vs 3.40 million MT during Q3FY08. The net sales increased by 18.15% from Rs ...

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HDIL has support at Rs 82: Ashwani Gujral

Posted on: Tuesday, January 20th 2009 and is filed under Press Releases.

Technical Analyst, Ashwani Gujral is of the view that HDIL has support at Rs 82. Gujral told CNBC-TV18, “Everything has a defined range even the real estate stocks although they may seem like they are moving without any reason. DLF Rs 165 those are sort of panic levels, where if yo...

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Don’t expect miracles from Obama: Warren Buffet

Posted on: Tuesday, January 20th 2009 and is filed under Press Releases.

As the President-elect Barack Obama gets all set to walk into the Oval Office as the 44th President of the United States of America in less than 24 hours, Warren Buffet, Chairman of Berkshire Hathaway and Kirby Daley, Senior Strategist of the Newedge Group, comment on Barack Obama and the...

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Tata, Jindal Steel pip RIL for $6-8 bn CTL project

Posted on: Tuesday, January 20th 2009 and is filed under Stock News.

The Tata group’s joint venture with Sasol of South Africa, and Jindal Steel and Power have pipped Reliance Industries (RIL) and state-run GAIL to the post and got shortlisted for the prestigious $6-8 billion project to convert coal into liquid petroleum.An Inter-Ministerial Group th...

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Buy Hanung Toys and Textiles – 724% returns as on 09-04-10

Posted on: Tuesday, January 20th 2009 and is filed under Investment Ideas.

CALL CLOSED (LONG TERM INVESTORS – HOLD IT) Buy Hanung toys on dips. Current market price: 29.20. Long term target: 58. PE – 0.99, Book value: 97.46. EPS – 24.11 Hanung Toys & Textiles Ltd. (HTTL) is a name to be reckoned internationally in the field of Soft Toys a...

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Intraday calls for 20-01-09

Posted on: Tuesday, January 20th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open weak. Short sell: Dabur. If markets show recovery later during the day, buy: BGR Energy ...

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Market Review for 20th January 2009: Prakash Gaba

Posted on: Tuesday, January 20th 2009 and is filed under Market Outlook.

BSE Sensex: (9330) the market unfolded as expected and closed positive, so far the market looks ok and I only hope it closes above the 9400 mark and if that happens then we may see some up days in the days to come…analysis remains the same… ...

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Promoters will have to disclose pledging of shares

Posted on: Tuesday, January 20th 2009 and is filed under Press Releases.

MUMBAI:The Securities and Exchange Board of India (Sebi) is set to make it mandatory for promoters to report to stock exchanges, if they pledge their shares to raise funds. At the primary market advisory committee meeting held on Monday, there was a consensus that irrespective of the qua...

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