indian stock market

TTK Prestige rose 3.50% to Rs 2,622 at 10:45 IST on BSE, on reports that the company is set to buy the ailing Indian unit of Italian firm Bialetti. Meanwhile, the BSE Sensex was down 26.70 points , or 0.16%, to 16,671.37. On BSE, 14,000 shares were traded in the counter compared with average volume of 28,000 shares over the past two weeks. The stock hit a high of Rs 2,628 and a low of Rs 2,510.15 so far during the day . According to reports, Bialetti's Indian unit, Triveni Bialetti Industries, will help TTK Prestige expand production capabilities. TTK plans to merge the entity with itself before the year ending March 2012. TTK Prestige has almost sealed the takeover for about Rs 25-30 crore, reports added . Reports suggested that Triveni Bialetti has a state-of-the-art, automated manufacturing unit in Khardi in the Mumbai suburbs, which caters to Indian and global markets . TTK Prestige's net profit rose 58.1% to Rs 25.34 crore on 60.4% rise in sales ...

Over the past few weeks, we have, in this column, explained facets of fundamental analysis. But where, as some of our readers have asked, is the information on financials, corporate plans and histories required to analyse a company, available? Here's listing a few sources you can tap for the same. Announcements and reports The first source would be the documents and updates that companies themselves put out. Take the annual report. These are usually treasure troves of information on financials, material developments through the year, management strategies and outlook. The how-to guide for reading annual reports has previously been detailed in this column. An added bonus in annual reports is the industry analysis, which appears in the Management Discussion and Analysis segment. Next, companies routinely make announcements about their operations such as orders secured; clients added, deals signed, mergers and acquisitions, and so on. Reading up on these will allow you to keep track ...

      Almost each and every person is aware about the Trend, Momentum & Growth in TTK Prestige. Few years back it was called as penny stock and at current levels company has given so much of return to its investors. Now it is called as a very promising stock by general investors. Professionals followed it at a very early stage. Stock has appreciated almost 1600% in 18-19 months. If you don't want to miss the opportunity then do subscribe to professionals to get the best at the very early stage. Let me talk about the company that how it maintained its growth momentum in the recent years.     The company is floated under the arms of TTK Group, it has emerged as India's largest kitchen appliances company catering to the needs of home makers in the country. It is one of the world's largest manufacturers of Pressure Cookers and it has been forefront in introducing several innovations like Gasket Release System (GRS), Gasket Offset Device (GOD) and Double Locking S...

http://in.finance.yahoo.com/news/How-reduce-tax-selling-shares-bankbazaar-2846348923.html Investors looking for high returns and willing to take high risk, use equity/stock markets as an investment avenue. As an investor, do you know what the tax implications of gains/losses from this investment are? Are you aware of the impact corporate actions (rights issue, bonus, split, dividend) have on you from a tax perspective? If not, it is essential you understand the same so that you're able to minimise tax incidence and increase return on investment. Securities traded on the stock exchange are treated as a capital asset. Hence transacting in securities will lead to a capital gain or a capital loss. Anil purchased 200 shares of Axis bank at Rs. 740 on 10th May 2009, and sold it off at Rs. 820 on 15th March 2010. There was a gain of Rs. 80 per share, which is termed as 'capital gain'. Capital Gain/loss can be either short-term or long-term depending on the tenure for which the...

 MUMBAI: Leading textile player, Alok Industries Ltd has drawn up Rs 800 crore capex plan for the next two years period, a top company official said here. "We have invested Rs 7,000 crore in the last six years in our expansion programme. In the next two years period, we will further invest around Rs 400-450 crore per annum for our on-going expansion plans," Alok Industries CFO, Mr Sunil Khandelwal said on the sidelines of a conference here. The company will finance the said funds through internal accruals and debt, Mr Khandelwal said, adding that it has already made a rights issue aggregating Rs 449.59 crore last year and QIP of Rs 425 crore in March 2010. The company also seeks funds through government's TUFF scheme, which is expected to revive now, he said. During FY10, the company had incurred a capital expenditure of Rs 1,522.90 crore across various divisions. A major portion of these were towards Phase III and Phase IV expansions, which have been fully completed...

        IDBI Bank (Rs 179.4): IDBI Bank is in a structural uptrend since the March 2009 low of Rs 39.7. The third leg of this up-move was in progress from August this year. This leg has already achieved its target of Rs 200 and is currently reversing lower. It is possible that the stock now corrects the entire up-move from March 2009 to November this year. That gives the stock minimum downward targets of Rs 153 and Rs 140. Investors should therefore wait for a decline to these levels before buying the stock. There is a higher support at Rs 170 that can also act as a reversal point for the stock. If it fails to move to these targets but reverses higher, then wait for a close above Rs 205 before purchasing the stock.                

Please let me know the long-term trend of Alok Industries purchased at Rs 26. Alok Industries (Rs 29.2): Alok Industries has not yet emerged from the bear market that gripped the stock in January 2008. The stock was in a sideways range between Rs 17 and Rs 27 for an extended period from last June. This sideways move ended in June this year and the third wave of the up-move from March 2009 is in progress since then.     Simple 1:1 extrapolation of this move gives us the target of Rs 36. The stock is currently reversing lower after recording the peak of Rs 35. Investors therefore need to tread carefully at this juncture since the stock can now decline to Rs 26 or Rs 20 over the ensuing months. Investors can hold the stock as long as it trades above the first target. Protracted sideways move between Rs 26 and Rs 36 for a few months can help the stock move higher to Rs 43 over the next 12 months . It is hard to envisage a move beyond this level just yet. Subsequent long-term targets are Rs...