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JAGO GRAHAK JAGO Friday, May 08, 2009 Market tanked when nobody wanted it to tank. This is what Cni had predicted. No doubt 2 stop losses hit making us to exit on stop losses because of the short calls. We are still a strong bull side site and certainly believe all is not yet over. BILT and GTL Infra are set to explode like TVS, Voltas and DCHL all of these stocks have doubled and were cni first research calls. See what happens in these 2 stocks apart from ABAN, Ranbaxy and Wockhard. In fact, the old story has started. I have seen some broking houses buying Ranbaxy issuing sell Ranbaxy reports. This had earlier happened in RIL, SBI and all these stocks doubled. Now it is turn of Ranbaxy. Market was heavily overbought and tips were coming from nook and corner and therefore some meaningful correction was required and 3580 was ideally the best point. The moment we gave sell call market started giving up. At the same time it should not be brushed aside that market has moved up...

comeback for value investing

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Though growth stocks have made the most of the bull market momentum, value stocks did much better in containing falls during the inevitable reversal. The result: a better long-term record. Aarati Krishnan The stock market has rallied 40 per cent in a flash; mid-cap stocks have kept pace with blue-chips and the action in small-cap stocks is reaching frenzied proportions, with many of them clustered at the upper circuit limit on any given trading day. While speculative froth is undeniably building up in one segment of the market, there has been a rational element to how stock prices behaved in this unexpected rebound. Value investing, or buying stocks that trade far below their intrinsic value, has paid rich dividends in the bounce-back from the March trough. And that's not a flash in the pan. Our analysis shows that value investing has delivered good results for Indian investors over the long term as well. That contrasts with the popular notion that...

comeback for value investing

Image
Though growth stocks have made the most of the bull market momentum, value stocks did much better in containing falls during the inevitable reversal. The result: a better long-term record. Aarati Krishnan The stock market has rallied 40 per cent in a flash; mid-cap stocks have kept pace with blue-chips and the action in small-cap stocks is reaching frenzied proportions, with many of them clustered at the upper circuit limit on any given trading day. While speculative froth is undeniably building up in one segment of the market, there has been a rational element to how stock prices behaved in this unexpected rebound. Value investing, or buying stocks that trade far below their intrinsic value, has paid rich dividends in the bounce-back from the March trough. And that's not a flash in the pan. Our analysis shows that value investing has delivered good results for Indian investors over the long term as well. That contrasts with the popular notion that...

buy sail

buy sail  cmp rs115  target rs132   stop loss rs105

IDBI Bank gallops on good Q4 numbers

IDBI Bank jumped 7.71% to Rs 64.25 at 14:40 IST on BSE, after net profit rose 28.03% to Rs 313.67 crore in Q4 March 2009 over Q4 March 2008. The bank announced the results during trading hours today, 24 April 2009. Meanwhile, the BSE Sensex was up 168.76 points, or 1.52%, to 11,303.75. On BSE, 20.26 lakh shares were traded in the counter. The stock had an average daily volume of 5.19 lakh shares in the past one quarter. The stock hit a high of Rs 65 and a low of Rs 59.50 so far during the day. The stock hit a 52-week high of Rs 110.50 on 5 May 2008 and a 52-week low of Rs 39.75 on 12 March 2009. The mid-cap bank stock had outperformed the market over the past one month till 23 April 2009, gaining 29.25% as compared to the Sensex's return of 18.16%. It had underperformed the market in the past one quarter, gaining 11.29% as compared to the Sensex's return of 28.37%. The bank's current equity is Rs 724.77 crore. Face value per share is Rs 10. The current p...

Stocks with low price-earnings ratio lead the rally

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BSE 500 stocks with P/E of less than 10 deliver 50% returns. Vidya Bala Which category of stocks has made the biggest gains in the recent market rally? Believe it or not, it was the really beaten-down stocks, trading at a single digit price-earnings (P/E) multiple. An analysis of stock price returns since March 9 shows that investors cherry-picked low P/E stocks from the Sensex and BSE 500 baskets; making them the top performers in this uptrend. Price-earnings ratio is a measure of how expensive or cheap a company's stock is, relative to its earnings. In the Sensex basket, low P/E stocks such as Tata Steel and Tata Motors delivered over 60 per cent returns. Lower the better BSE 500 stocks with a P/E of less than 10 (as on March 9) averaged a stellar 50 per cent return till date, compared with the index returns of 35 per cent. The lower the P/E, better the returns, suggests the data. Stocks with a rock-bottom P/E of less than 5, delivered...

Earnings may decline, sales flatten out for March quarter

Realty, metals expected to post large profit declines. Aarati Krishnan It is time for a reality check after the euphoric 34 per cent rise in stock markets over the past five weeks. As Infosys flags off the March quarter earnings season on Wednesday, India Inc is expected to report one of its worst performances in recent years. Sales for Indian companies are expected to be flat or even shrink a little for the March quarter as they fell prey to insipid demand, a cutback in capital spending and lower prices and realisations. The numbers may show cost pressures have eased off a bit, thanks to the sharp fall in prices of crude oil and commodity inputs. But companies are unlikely to have reaped the full benefits of lower input costs this quarter. Interest costs, the key variable contributing to profit falls recently, are expected to remain high, as only select top-notch borrowers have benefited from recent interest rate cuts. In this backdrop, market participants are forecasting a decline or...