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3i InfoTech ---bonus bonanja

3i InfoTech spurted 5.10% to Rs 299.45, after the software firm recommended a generous 1:1 bonus issue. The 3i Infotech counter clocked 7.52 lakh shares on BSE. The stock saw a pre-results' rally: from Rs 260.40 on 17 April to Rs 284.95 by 25 April, as buying continued in anticipation of a strong set of results from the company. 3i Infotech posted revenues of Rs 210.9 crore and net profit of Rs 32 crore for the fourth quarter ended March 2007. Sequentially, profits have declined by 19% despite a 23% growth in revenues. Year-on-year, the revenues and net profit has grown 73.5% and 82.4%, respectively. For the fiscal, the firm posted a net profit of Rs 104.5 crore on revenues of Rs 670.8 crore, a growth of 81.2% and 58.2%, respectively, over the previous fiscal. 3i Infotech is a Certified Partner in the Oracle® PartnerNetwork. It offers a comprehensive range of software and IT solutions including packaged applications for the banking, financial services and insurance (BFSI), manufact...

Weatlh Creation Stocks

Hi All, We all have seen huge spikes in the market and how some stocks inc/dec by 50% in no time. And as mentioned earlier also by many of us , its only the WEALTH creations stocks, which give maximum returns in long term (More than 5 years) So, lets share our views on a common platform and dicuss the TOP 10 WEALTH CREATION STOCKS in next 5 years. Here is a list of 10 such stocks from my side 1. RevathiCP 2. Atlas Copco 3. RamSarup Industires 4. Karnataka Bank 5. Walchand Nagar 6. Unitech 7. Hikal 8. JMC Projects 9. IndiaBulls Real Estate 10. Ruby Mills

A guide to mutual fund investment

March 29, 2007 14:30 IST M utual funds can be broadly classified into two categories in terms of the fund management style i.e. actively managed funds and passively managed funds (popularly referred to as index funds). Actively managed funds are the ones wherein the fund manager uses his skills and expertise to select invest-worthy stocks from across sectors and market segments. The sole intention of actively managed funds is to identify various investment opportunities in the market in order to clock superior returns, and in the process outperform the designated benchmark index. On the contrary, passively managed funds/index funds are aligned to a particular benchmark index like the S&P CNX Nifty or the BSE Sensex. The endeavor of these funds is to mirror the performance of the designated benchmark index, by investing only in the stocks of the index with the corresponding allocation or weightage. In the Indian context, index funds have never really caught the re...

Build a core portfolio ... taken from Business Today...

Build a core portfolio With the economy on a sound footing, stock markets are poised to increase your wealth over the long haul. Where should you look for growth? In the good old days, most od-timers used to invest in the 'Blue Chips', i.e., in companies that were very big in size and strong financially, and with large stock market values. People relied on the stability of these big companies and their steady increase in profitability. Most of their investments have paid off. Their holdings have increased manifold, and dividends have compounded handsomely. Even today, there's reason to embrace long-term optimism in equity investments. Morgan Stanley India released a strategy report "India Strategy-Road to 50k" outlining how and when the Sensex could reach 50,000. "Corporate earnings are increasing and balance sheets are in good shape. Companies have huge cash reserves and a large number of them are under-geared," points out Ridham Desai, Managing Directo...

Dos and don'ts in stock picking

Srividhya Sivakumar If you are an investor on the look out for undiscovered stocks with great growth prospects, be assured you are not the only one! With the stock market no longer predictable, chancing upon value buys in the current market is no more anybody's game. If the bull market that made us all feel like geniuses, remember that the same market, when in a downward or sideways mood, can make fools out of geniuses too. The point is though stock picking in this market is not impossible, it is not going to be easy either. You would have to exercise more caution and restraint. Though there are no foolproof ways of stock picking, there are some dos and don'ts to help invest wisely. Here are some of them. Stick to fundamentals Remember to put money only in those stocks that you think are well-placed fundamentally. A company in a known business with reasonable financials is likely to provide better returns over the long term than one without a convincing business model or histor...

5 common investing mistakes

March 13, 2007 09:14 IST B ad investments or wrong investments are a part and parcel of any portfolio. The idea is not to get defensive about it but to understand the reason(s) and make sure we don't repeat the mistakes. Broadly speaking, bad investments can happen due to two reasons. One, of course, is market conditions. Say you invest in a share after due research. But the company fails and you lose money. Or you have a fixed deposit (FD) in a co-operative bank, which runs into problems and your money is stuck. Or you invest in a five-year FD and, immediately afterwards, the rates are revised upwards. These situations are beyond your control. These are market risks which are part of any investment. You win some, you lose some! The second reason has to do with ourselves -- our knowledge, our psychology, our research, et cetera. These factors are under our control. If we exercise this control diligently, we can keep away from bad or wrong investments. 1. It's greed, of course C...

12 stocks to make your child's future bloom

T he rising cost of education and other needs of children has made it difficult for parents to raise resources. But systematic and intelligent investment at the right time can reduce the burden later. What you need is an investment asset that grows faster than your kids, and gives you higher inflation-adjusted returns in the future. Equity, as an asset class, has the potential to give great returns, although it does have a high downside risk. However, if you invest intelligently and knowledgeably, the risk can be minimised. The Sensex has given a return of 19 per cent compounded annual growth rate (CAGR) since 1979, higher than any other financial investment instrument available to an average retail investor. What this means is that Rs 1 lakh (Rs 100,000) invested in the Sensex in 1979 is worth Rs 14 crore (Rs 140 million) today, despite the ups and downs in the equity market. In the last three years, Indian equity markets have returned over 32...