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Unitech lays off 10% employees

Posted on: Friday, December 26th 2008 and is filed under Press Releases.

The country’s second largest realty firm, Unitech, has reduced its workforce by about 10 per cent, out of a total of 1,700 employees, as part of its cost-cutting measures. Besides downsizing employees strength over the last 4-5 months, ...

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Intraday calls for 26-12-08

Posted on: Friday, December 26th 2008 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Market likely to open flat. Nifty has very strong support at 2830-2860. On intraday dips buy HDIL and Reliance Petroleum. ...

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Buy Kolte Patil – 171% returns as on 05-04-10

Posted on: Thursday, December 25th 2008 and is filed under Investment Ideas.

CALL CLOSED (LONG TERM INVESTORS – HOLD IT) Kolte Patil is currently quoting at Rs.28, PE – 1.50, EPS – 19.29, Book Value: 75.44. Target: 56 Stock is trading at very cheap valuations and is a potential mutibagger from current levels. Company has a land bank of over 37.8...

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Indian nuke heads met secretly: Sources

Posted on: Thursday, December 25th 2008 and is filed under Press Releases.

The top-level security meeting held by Prime Minister Manmohan Singh last Saturday (December 20) was actually a meeting of Nuclear Command Authority (NCA). The meeting, which coincided with the first strong sign of Islamabad backtracking on its promise to crack down on the masterminds ...

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Markets to be shut on Thursday for Christmas

Posted on: Wednesday, December 24th 2008 and is filed under Market News.

Today, Indian shares end lower for a third straight day, in line with weak global markets. The BSE Sensex loses 118 points or 1.2% to close at 9,568.72 Indian financial markets will remain shut on Thursday on account of Christmas, even as the Government prepares to unveil another round o...

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LIC raises stake in HDFC Bank to over 5 per cent

Posted on: Wednesday, December 24th 2008 and is filed under Press Releases.

MUMBAI: Country’s largest insurer Life Insurance corporation of India has increased its stake in HDFC Bank to over five per cent following acquisition of shares from the open market. LIC purchased 1.6 lakh shares from the open market hiking its stake in the company to 5.01 per ce...

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Top 50 stocks with the lowest P/E as on 24th December 2008

Posted on: Wednesday, December 24th 2008 and is filed under Stock Research.

Following is the list of stocks having a P/E less than 3.5. For people who don’t know what P/E is about I recommend them to read our Beginners Guide. But at the same time it should be remembered that P/E is not only a ...

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First time in 11 years, FIIs turn net sellers; pull out $13 billion

Posted on: Wednesday, December 24th 2008 and is filed under Market Outlook.

Mumbai: Foreign institutional investors, or FIIs, the key drivers of the Indian stock market in the past few years, pulled out at least $13 billion (about Rs62,880 crore) in 2008, the most in 15 years, after an unprecedented global credit crunch led to a flight of capital from emerging ma...

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40% returns in 2 weeks | Karuturi Global |

Posted on: Wednesday, December 24th 2008 and is filed under Market Outlook.

Karuturi Global was recommended on NSEGUIDE on Dec 9, 2008. Since then the stock has been in a uptrend. The stock jumped from 11.70 to 16.50 in just 10 Trading session’s UP 40 %. The Stock was published in our Investment Idea’s
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Sharekhan puts buy on Lupin

Posted on: Wednesday, December 24th 2008 and is filed under Brokerage Recommendations.

Sharekhan has come out with a ‘buy’ on Lupin on account of its differentiated business model with global dominance in certain products, focus on niche, less-commoditised products and geographically diversified presence in newer markets such as Japan and the US branded segment. Cmp: R...

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