indian stock market

Fortis Healthcare jumped 3.53% to Rs 184.65 at 9:48 IST after the company said it will buy 23.9% of Singapore's Parkway Holdings from US buyout firm TPG Capital as a part of its expansion drive into Asia and the Middle East. The announcement was made before trading hours today, 12 March 2010. Meanwhile, the BSE Sensex was up 50.90 points, or 0.30%, to 17,218.86. On BSE, 17.51 lakh shares were traded in the counter as against an average daily volume of 5.87 lakh shares in the past one quarter. The stock hit a high of Rs 187.45, a record high. It hit a low of Rs 180 so far during the day. The stock had hit a 52-week low of Rs 65.60 on 17 March 2009. The stock had outperformed the market over the past one month till 11 March 2010, soaring 17.45% compared with the Sensex's 6.29% rise. It outperformed the market in past one quarter, spurting 51.46% as against 0.29% decline in the Sensex. The mid-cap healthcare chain has an equity capital of Rs 317.34 crore. Face value per...

1. First go to the NSE's current IPO's page. http://nseindia.com/content/ipo/ipo_current.htm 2. Select the IPO from the list. 3. Note the " No.of shares offered/reserved " in "Retail Individual Investors (RIIs)" category. 4. Click on "View NSE-BSE Demand Graph " . 5. Note the " Total Bids Received at Cut-off Price ". 6. Divide figure obtained in Step 5 by figure obtained in Step 3. 7. Multiple the figure obtained in Step 6 by 1.07. (We are multiplying by 1.07 as retail subscription is usually 5%-7% higher than the cut-off subscription. 8. The figure obtained in Step 7 is the approximate current retail subscription figure. It is not possible to know the exact figure until the end of the day. However the approximate figures are very close to the actual figures.

Maithan Alloys is one of the largest and most profitable manufacturer of manganese alloys in one of the most competitive production locations in the world. The Company's business model can be encapsulated across the following points: The Company commenced commercial production in 1997 with 10 MVA; it grew its installed capacity by 7.5 MVA in 2000 and 8.26 MVA in 2004 when the market for manganese alloys was weak, indicating its commitment to the business. The result is a capital cost per attractively lower than the prevailing greenfieid benchmark. The Company enjoys a long-term power supply agreement with DVC but going ahead, is commissioning 95 MW at its 15 MVA Meghalaya facility. The Company also possesses a manganese ore mine in Orissa, The Company has successfully completed the construction of manganese alloy plant and captive power plant at Byrnihat in Meghalaya. The project was commissioned during 1st week of April, 2009, enhancing ...

1infosys  cmp2350  target rs 3175   idfc cmp144  target rs 185 tata steel cmp 530  target  650

the three are good investments - SUZLON is expected to get some relief in the coming budget while FORTIS - target price is 500 in 48 months solid investment (if the market falls to 13,500 levels FORTIS can be bought around 100)   I feel that L& T is a bit overpriced for now.   You may buy SBI / AXIS BANK / IDBI BANK/ SOUTH INDIAN BANK/ FEDERAL BANK / YES BANK ETC  ....BANK SHARES ARE EXPECTED TO DO WELL IN 6 MONTHS UNLESS RESERVE BANK CHANGES SOME POLICY....   HRHR - HIGH RISK HIGH RETURNS - WIRE AND WIRELESS   All the best Best Regards, Ramanathan N.S. 00968 96915246(Mob-Oman)

A sizeable order book, strong sales and profit growth, and a secure client base in government contracts bode well for the offer. Major exposure to the Railways segment provides high margins. Bhavana Acharya A relatively low asking price and a focus on government projects make the offer from ARSS Infrastructure Projects a reasonable bet, but only for investors with a high-risk appetite. A construction contractor in the Railways and roadways segment, the company plans to raise Rs 103 crore from this issue to fund working-capital and joint ventures. In its price band of Rs 410-450, the offer is at a valuation of 8.6 to 9.5 times the estimated FY-11 per share earnings on a post-offer equity. Reasonable valuations notwithstanding, given the risks to the business, investors are advised to exit the stock if it touches about a 21 per cent return. ARSS has a high exposure to Railways (which offer higher margins) and roadways, a sizeable order book, strong sales and pro...

Fresh investments can be considered in the Power Finance Corporation (PFC) stock that appears a good defensive bet within the financial sector. The company's loan book grew at a strong pace of 20 per cent in 2009 despite lower demand for credit witnessed by the banking sector. At current market price of Rs 252, the PFC stock is trading at 10.5 times its estimated FY11 earnings and two times its estimated adjusted book value, which does not reflect the strong earnings growth posted by the company. Near-zero non-performing assets and a high proportion of floating rate assets (87 per cent) allow PFC to pass on interest hikes and minimise credit risk. Strong earnings growth (36 per cent for nine months ended December 31, 2009, adjusted for extraordinary items), superior profitability (Return on Equity of 17 per cent) and the insatiable funding requirements of the power sector make for bright growth prospects. The outlook for power financing looks promising g...