Your Ad Here
Showing posts with label india stocks. Show all posts
Showing posts with label india stocks. Show all posts

4/10/08

Learn How to Trade With Free Stock Market Game

By Zachary Riff

If you're raring to have a go at stock trading but you don't know a thing about it, start learning with a free stock market game online application. A stock market game, or stock simulator, is an online program or client application that duplicates some aspects of a live stock market so you can practice trading stocks without the risk. There are basically two kinds of free stock market game online applications. Read on and know more about these games.

There are two types of free stock market game applications: Financial and fantasy stock game simulators. A financial free stock market game online application allows you to generate a portfolio based on real stock entries, but using play money.

All of the current active financial free stock market game applications, or stock simulators, use a delayed data feed to ensure that the information and date may not be used to do actual stock trading using these information. Most American stock sites run on such a system; their free stock market game applications run on a delayed ticker their systems may not abused for illegal gain.

Some free stock market game online applications are also designed specifically for study, either as part of the syllabus program, or as additional instruction. These are targeted especially for business students who may be interested in taking up stock trading as a career. There are many free stock market game applications; there are some that are keyed to specific stock markets like in New York and London, as well as markets in various countries like Australia and India, among others.

A fantasy free stock market game application, or fantasy simulator, is another type that you can use to get used to the experience of stock trading. But unlike financial free stock market game applications, fantasy simulators work on a different level.

Fantasy free stock market game applications feature fantasy (Read: Unreal and imaginary) stocks that represent real items which, however, would never be traded in the real trading setting. Some items being traded in fantasy free stock market game applications would include longevity of certains books on the bestseller list, success of certain movies at the box office, antics of infamous celebrities, band breakups, and more.

There are even some free stock market game applications that cater to sports fans. These items are not real trading commodities. Instead, what fantasy free stock market game applications do is show how the principles involved in an actual stock trading setting may work. By making use of analogy, this type of free stock market game application is an ideal way for anyone with no background in trading, to be able to understand how the stock market works. Especially in fantasy free stock market game applications because these often use items that are familiar to a lot of people.

The purpose behind such a system is to let you practice stock trading with play money in a real-world stock market scenario. One of the many ready applications of the experience you can gain from free stock market game applications is being armed with the knowledge of stock trading, thus, enabling you to know more about what your broker is talking about. Who knows, by learning the ropes of stock trading with a free stock market game online application, you might even be able to do direct stock investing yourself.

4/7/08

Famous quotes of Dhiru Bhai Ambani

Famous quotes of Dhiru Bhai Ambani

From beginning Dhirubhai was seen in high-regard. His success in the petro-chemical business and his story of rags to riches made him a cult figure in the minds of Indian people. As a quality of business leader he was also a motivator. He gave few public speeches but the words he spoke are still remembered for their value.

"" With the force of 3million investors RIL will reap the title "World's Biggest Company"

*"Tax is for the poor or the stupid people."

*"I am deaf to the word "no"."
"Growth has no limit at Reliance. I keep revising my vision. Only when you dream it you can do it."

"Think big, think fast, think ahead. Ideas are no one's monopoly"

"Our dreams have to be bigger. Our ambitions higher. Our commitment deeper. And our efforts greater. This is my dream for Reliance and for India ."

"You do not require an invitation to make profits."

"If you work with determination and with perfection, success will follow."

"Pursue your goals even in the face of difficulties, and convert adversities into opportunities."

"Give the youth a proper environment. Motivate them. Extend them the support they need. Each one of them has infinite source of energy. They will deliver."

"Between my past, the present and the future, there is one common factor: Relationship and Trust. This is the foundation of our growth"

"We bet on people."

"Meeting the deadlines is not good enough, beating the deadlines is my expectation."

"Don't give up, courage is my conviction."

"We cannot change our Rulers, but we can change the way they Rule Us."

"Dhirubhai will go one day. But Reliance's employees and shareholders will keep it afloat. Reliance is now a concept in which the Ambanis have become irrelevant."

Know the Stock Markets - Say Hello to Profits

By: Paul Hegarty

The stock market is like a gregarious, uncertain beast – you can never predict which turn it's going to take or which direction it is headed for. Having said that, let us also admit that the stock market is one of the most exciting markets in the world that can make your fortunes if you play it right.



And, if you want to play the stock market right, you have to figure out how it ticks. Here then are basics and fundamentals of a stock market that will clue you on:



What Is A Stock Market?

A stock market is a trading place where you can buy and sell stock (shares) issued by a company. Alternatively, you can also trade in several derivative products, which are basically financial instruments in the form of contracts, where the parties to the contract agree to exchange payments based on the value of a share at a future date.



Stock Market Trading Explained

Many individuals and entities trade in the stock market. Small investors, day traders who square up their transactions on the same day, investment/financial companies, banks, hedge funds, individuals with a high net worth, institutions, mutual funds – all are involved in stock market trading.



These individuals and entities place their buy or sell orders through a market intermediary, called the stockbroker. Majority of the transactions are routed through a network of computers that execute orders in a matter of seconds.



Stock Market Strategies

In the stock market, you can buy and sell the stocks you own. Besides this, there are several strategies such as short-selling, which means you do not own the stock, but sell it nevertheless (by borrowing it from your broker at a fee) because you feel its price is going to drop – and when the price does drop, you buy it back. Plus, you can buy or sell stocks at a future date if you trade in the derivatives market. Then, you can also indulge in margin buying, which in simple terms means you borrow money to buy stocks, thereby exposing yourself to debt.



Stock Market Index

The stock market index is a value, determined by the stock exchange authorities, that reflects the market's movement. This value is based on a handful of high-volume and reputed stocks – these are weighed and a number is given to them. This number or value fluctuates according to the movement in the prices of these stocks and this is what indices such as the Dow Jones, the NASDAQ, the S & P (Standard & Poor) are all about.



Methods That Influence Investment Decisions

There are two methods that can influence investment decisions in a stock market: (i) Fundamental analysis is a method, wherein the companies past and current performance is analyzed along with the factors that will affect its future profitability. Medium-long term investors invest on the basis of fundamental analysis. (ii) Technical analysis is another method that studies the correlation of price and volumes over a span of time and then gives a buy or a sell signal on the basis of this correlation.



There, those were basics of the stock market. If you want to trade successfully, then you have to understand how the stock market works, because there is no other way, no other shortcut. Happy trading.

Stock Market Analysis

By H. Crowell

The return that a stock can provide is often predicted with the help of technical analysis. Stock market trading tips are based on technical analysis of various parameters.


Stock market analysis is science of examining stock data and predicting their future moves on the stock market. Investors who use this style of analysis are often unconcerned about the nature or value of the companies they trade stocks in. Their holdings are usually short-term - once their projected profit is reached they drop the stock.


The basis for stock market analysis is the belief that stock prices move in predictable patterns. All the factors that influence price movement - company performance, the general state of the economy, natural disasters - are supposedly reflected in the stock market with great efficiency. This efficiency, coupled with historical trends produces movements that can be analyzed and applied to future stock market movements.


Stock market analysis is not intended for long-term investments because fundamental information concerning a company's potential for growth is not taken into account. Trades must be entered and exited at precise times, so technical analysts need to spend a great deal of time watching market movements. Most stock tips and recommendations are based on stock analysis methods.


Investors can take advantage of these stock analysis methods to track both upswings and downswings in price by deciding whether to go long or short on their portfolios. Stop-loss orders limit losses in the event that the market does not move as expected.


There are many tools available for stock market technical analysis. Hundreds of stock patterns have been developed over time. Most of them, however, rely on the basic stock analysis methods of 'support' and 'resistance'. Support is the level that downward prices are expected to rise from, and Resistance is the level that upward prices are expected to reach before falling again. In other words, prices tend to bounce once they have hit support or resistance levels.


Stock Analysis Charts & Patterns
Stock market analysis relies heavily on charts for tracking market movements. Bar charts are the most commonly used. They consist of vertical bars representing a particular time period - weekly, daily, hourly, or even by the minute. The top of each bar shows the highest price for the period, the bottom is the lowest price, and the small bar to the right is the opening price and the small bar to the left is the closing price. A great deal of information can be seen in glancing at bar charts. Long bars indicate a large price spread and the position of the side bars shows whether the price rose or dropped and also the spread between opening and closing prices.



A variation on the bar chart is the candlestick chart. These charts use solid bodies to indicate the variation between opening and closing prices and the lines (shadows) that extend above and below the body indicate the highest and lowest prices respectively. Candlestick bodies are coloured black or red if the closing price was lower than the previous period or white or green if the price closed higher. Candlesticks form various shapes that can indicate market movement. A green body with short shadows is bullish - the stock opened near its low and closed near its high. Conversely, a red body with short shadows is bearish - the stock opened near the high and closed near the low. These are only two of the more than 20 patterns that can be formed by candlesticks.


When glancing at charts the untrained eye may simply see random movements from one day to the next. Trained analysts, however, see patterns that are used to predict future movements of stock prices. There are hundreds of different indicators and patterns that can be applied. There is no one single reliable indicator, but these stock analysis methods when taken into consideration with others, investors can be quite successful in predicting price movements.
One of the most popular patterns is Cup and Handle. Prices start out relatively high then dip and come back up (the cup). They finally level out for a period (handle) before making a breakout - a sudden rise in price. Investors who buy on the handle can make good profits.


Another popular pattern is Head and Shoulders. This is formed by a peak (first shoulder) followed by a dip and then a higher peak (the head) followed again by a dip and a rise (the second shoulder). This is taken to be a bearish pattern with prices to fall substantially after the second shoulder.


Other Stock Market Analysis Methods
Moving Average - The most popular indicator is the moving average. This shows the average price over a period of time. For a 30 day moving average you add the closing prices for each of the 30 days and divide by 30. The most common averages are 20, 30, 50, 100, and 200 days. Longer time spans are less affected by daily price fluctuations. A moving average is plotted as a line on a graph of price changes. When prices fall below the moving average they have a tendency to keep on falling. Conversely, when prices rise above the moving average they tend to keep on rising.



Relative Strength Index (RSI) - This indicator compares the number of days a stock finishes up with the number of days it finishes down. It is calculated for a certain time span - usually between 9 and 15 days. The average number of up days is divided by the average number of down days. This number is added to one and the result is used to divide 100. This number is subtracted from 100. The RSI has a range between 0 and 100. A RSI of 70 or above can indicate a stock which is overbought and due for a fall in price. When the RSI falls below 30 the stock may be oversold and is a good time to buy. These numbers are not absolute - they can vary depending on whether the market is bullish or bearish. RSI charted over longer periods tend to show less extremes of movement. Looking at historical charts over a period of a year or so can give a good indicator of how a stock price moves in relation to its RSI.


Money Flow Index (MFI) - The RSI is calculated by following stock prices, but the Money Flow Index (MFI) takes into account the number of shares traded as well as the price. The range is from 0 to 100 and just like the RSI, an MFI of 70 is an indicator to sell and an MFI of 30 is an indicator to buy. Also like the RSI, when charted over longer periods of time the MFI can be more accurate as an indicator.


Bollinger Bands - This indicator is plotted as a grouping of 3 lines. The upper and lower lines are plotted according to market volatility. When the market is volatile the space between these lines widens and during times of less volatility the lines come closer together. The middle line is the simple moving average between the two outer lines (bands). As prices move closer to the lower band the stronger the indication is that the stock is oversold - the price should soon rise. As prices rise to the higher band the stock becomes more overbought meaning prices should fall. Bollinger bands are often used by investors to confirm other indicators. The wise technical analyst will always use a number of indicators before making a decision to trade a particular stock.

Taking Risks in Stock Market Trading

By: Amelie Mag

One general asserted truth is that profit is a goal for many of the men and women who populate this planet. Profit is the more desirable in the case of those who actually invest money because they want to extract even more financial benefits out of these particular investments. One popular way of giving a fertile employment to your money is making them circulate through stock market trading. Share owners can sell, hold their shares or even buy some more, if a series of rules (based either on well-established commonsense practices or on mere intuition) tell them the moment is just ripe for this or that strategy.


As a matter of fact, strategy is one of the terms often heard of in stock market trading. But can anyone talk about a strategy that never failed in this area? This is a frequently raised question, since it is widely acknowledged that the stock market can be tricky. The stock market may easily lead to a downfall in stock market trading. This process takes place, obviously, to the disadvantage of the investor. However, stock market trading doesn't always end with a loss. Should loss be a certainty, people would no longer invest in the stock market.


Whether we are talking about time-honored stock market trading - taking place within the ‘real' here and now, on the floors of stock exchange rooms - or about online stock market trading one of the regularly advised strategies is to stick to the trend. Online stock market trading has acquired, in its turn, a value over the past ten years so it can be taken into consideration also. Every stock market undergoes certain (longer) intervals of development manifest in the evolution of stock price. Terms like bull market or bear market are recurrent in stock market trading reflecting either the continuously rising stock prices or the reverse situation. Both online stock market trading as well as its longer-established relative go hand in hand with the progress of the national economy. One example at hand is provided by the extent of a bullish market during the 1990s, determined by the robust national economy of the USA - a genuine initiator of investment confidence. When the situation changed, at the beginning of the year 2000, the market turned bearish and stock prices began falling. In both situations, the advised approach was not to go against the tendency of the market.


Circumstances have long proven it is wise to be consistent with the general trend. Indeed, there is ‘fashion' within stock market trading as well. And if you don't want to be outdated - being outmoded in stock market trading may have damaging consequences - you go with the flow. Nevertheless, when someone trustworthy or when some reliable conditions offer you a ‘hot' suggestion, you may want to act in its direction. Nonetheless, caution, shrewdness and wisdom must be in your proximal reach. This means that you are not to instantly trust any ‘good old pal' who, out of good-will, provides you with a tip. You must be able to make your own research targeting the tip you received or else request the services of a stockbroker.


The latter may turn out to be a wise stratagem. Stockbrokers, even in online stock market trading, are generally certified and skilled authorities whom you can easily employ for you to take full advantage of your capital investing. Notice however that their expertise is not available free of charge. There is nothing ‘on the house' in stock market trading. Basically, brokers get involved in stock market trading for you, making use of their fuller comprehension of the stock market status quo so as to trigger gains that will proceed to your pocket or to some further investment. Should the commission basis on which the relationship between you and your broker is built (as a general rule) not be appropriate for you, there are other possibilities as well. In online stock market trading it is less costly to supervise your own deals.


Additionally, in online stock market trading, the useful, instructive material you may need is obtainable day-and-night. Moreover, in case you take particular content in looking into your private stocks, you cannot find a richer source of information than the Internet. Online stock market trading allows you to research websites designed by investment companies so the client and the virtual investor can be aware of previous operations. By accessing reports and descriptions offered even by the companies themselves, one may even notice the excellent performance of key institutions. Even more, online stock market trading sites offer the investor support in the shape of online stock market trading tools, services and instruments that allow the investor to place an order beforehand and, should the client not be present at the moment when the market reaches the condition opted for by him or her, enter the order automatically.


Certainly, both online stock market trading and its ‘next of kin' have their own advantages. Whereas online stock market trading provides more accessible assistance for dealing with stocks, what was the initial, fundamental stock market trading still goes on. Even if not following a time schedule as generous as that of online services, the traditional ways do not disappear. However, they both involve taking risks which is why prudence is the most often heard of strategy. In other words, it's better to "hold for a while the bird in the hand than quickly grab two in the bush".

Secrets of Online Trading and Stock Market Hours

By: Zachary Riff

Most people would liken stock trading with gambling. However, in truth, the two couldn't be more different. In fact, stock trading isn't simply buying and shares as well. Developing a good trading strategy is the key to making it in the stock market. A stock market simulator, is an online game application that duplicates aspects of real-life stock markets, from trading strategies and information, down to the varying stock market hours of the different stock exchanges. Read on and know more about how you can learn and practice stock trading with an online stock game simulator.

Two types of online stock game applications are available online for you to practice stock trading skills and strategies. Naturally, no real money is involved; play money is used, so you can practice stock trading without the financial risk. The two types of stock market simulators are: Financial and fantasy stock game simulators.

If you want to practice stock trading through a fictional portfolio based on real stock entries, scenarios and stock market hours, then the financial stock market simulator is the best one for you. Because this type of stock market simulator downloads and processes real and actual stock trading numbers and information, most online trading websites that offer these free stock games use a delayed data feed, that sends the information well after the end of the stock market hours. This prevents any abuse of the stock market simulator and the system by unscrupulous traders who want an edge before the start of the stock market hours of the next day.

Most online simulator systems ensure that the stock market information and data may not be used to do actual stock trading before, during and after stock market hours using their information. Safe, reliable and enjoyable, a financial stock market online simulator is a great way for you to practice actual stock trading scenarios and gain experience and a working strategy before you move up to the real thing.

Another type of simulator is the fantasy simulator. This type lets you practice stock trading through thoroughly hypothetical yet amusing settings. While it retains many essential features of the stock market like premium stock picks and options, trading tickers, regular stock market hours, other traders, among others. But unlike the financial simulator application, fantasy stock market simulators feature imaginary stocks that, while representing real items, would never be actually traded in a real stock market trading setting.

Traded items in fantasy stock market simulators would include questions on how long books will last on selected bestseller lists, the box-office success of specific movies, antics of infamous celebrities, rankings and statistics of sports teams and events, and more. The value of a fantasy stock market simulator is in its application of stock market principles and how these may work given a stock trading setting.

The simulator uses the analogy to teach anyone with no background in trading understand how the stock market works. Fantasy stock market simulators use these items because they are familiar to a lot of people, thus opening opportunities for learning online stock trading to more and more people. This is one way where you get to practice stock trading techniques and strategies while having fun.

Getting the hang of how shares are bought and sold, and how other variables like stock market hours affect your investments are all part of your learning experience. Learning the ropes with a stock market simulator is one of the best ways to get you started with trading stocks.

4/6/08

Buy BHAGYANAGAR INDIA Ltd AT 39.5/-


Dear ALL, Now Buy good Fundamental Stocks like BHAGYANAGAR INDIA LTD at Rs.39.5/- Quoting BSE, NSE .

Global Markets is stabilizing. In Indian Equities avialble at good prices. Worst is over. I think April onwards FII`s also coming back to Indian Markets to Invest. All Bulls are coming back to Market this month. Annual Results also coming out in April. Start Buying at low levels Now. Don't panic Sell. Buy good fundamental equities partially daily, You will get 30 to 50% appreciation within 1 to 2 months time. Risk is very very less. My Expactation : 90 % chances Upside only 10% chances Down Side for short term (1 Month).

Bhagyanagar India Ltd, Trading in BSE & NSE at 40/- in B Group.Yearly High 83/-. After Market Crashed. Now its trading at 40/-. Daily grabbing with Mumbai BIG BIG Bulls because of Now stock is available at very very cheep price at 40/-. Company having lot of land in Hyderabad central. Only Land value per share is 75/-. And Expecting good Annual finalcial, 8/- At current rate PE 5only. Narmally in worst condition also PE will at 8. But Now PE is only 5. If you take PE 8 It will go 65/- minimum before declaring Annual results. (1 Month Time). So Share valuation was 75/- + 65/- = 140/-.

If you have already, buy some more make average. This is company is doing very very good. Slowly grab this stock. Fundamental is very very good. Global cues and Market worst is over. Don't Sell if you have Bhagyanagar India equities. Stay Invest and wait up to 65/- minimum for short period (1 month time).

Company Planning to Demerging of Infrastructure Bussiness. After demerger of this share you will get shares of free of cost because Now current rate was very very less compared to Annual results and Land Bank.

And Bhagyanagar India Ltd has allotted 40,00,000 Equity Share Warrants at a price of Rs 90/- per share warrant convertible into Equity Shares on a Preferential Basis to M/s. Consolidated Securities Ltd.

Compared to that (Rs.90/-) Now shares available 55% discount. Any time it will touch 90/- (1 to 6 months time). So double your money within 6 months time.

So there is no risk at all.

Company doing Cable & Real Estate.Share Equity Rs. 14 Crs. EPS 8/- Annulised. Good Fundamentals.

Karvy Estimate Annaul EPS for 2008-2009 is 15/-.Promoter Shares Holding 55%. FII's 15% Corporate Bodies & NRI's 13%Public Only 17%. Check the BSEINDIA for Shareholding pattern.Karvy has Strongly recommending for this stock

Recently Bhagyanagar India formed a joint venture company named `Surana Ventures` for setting up of solar photo voltaic cell and module project in partnership with its promoters and a group company named Surana Telecom. The JV plans to manufacture and sell the equipment required for generating solar energy. It will be an 80% export-oriented unit with substantial tax-benefits.Bhagyanagar India and Surana Telecom will hold 40% each in the Rs 3 bn project with the remaining 20% being held by the core promoters of the company".

Company Planning to Demerging of Infrastructure Bussiness.Bhagyanagar India Ltd. is a Hyderabad based company which has forayed into real estate and infrastructure development to unlock the value of its existing land bank of 3 million square feet. The new development projects include integrated residential townships, IT parks, and hardware parks. The present value of the undeveloped land bank and tenanted property of the company is Rs 6,160 mn. The one million square feet technology park in Uppal is the likely to complete in 15 to 18 months. “Early next year we would have launched our housing project in Vizag in 52 acres, with 1.2 million sq ft.” The revenues are likely to increase to Rs 3,591 mn in FY08 and Rs 5,021 mn in FY09 and the net profits likely to grow at a CAGR of 53.34% to Rs 936 mn by FY09. The company is valued at Rs 65 a share with an upside of 57% from the current stock price of around Rs 40. “For the next 4-5 years we see the company grow at 40 to 50 percent and expect 150 crores in infrastructure sales next year, said Narendra Surana, MD, Bhagyanagar India. Outright sale of small parcels and development of residential townships, IT parks and hardware parks on the larger land parcels is the route that works best in Hyderabad, for the company. It plans to sell the residential constructions and retain portions of commercial properties for the reason of higher rental yield on the latter. Over 6 Mn Sqft of net saleable area is likely to be developed over the next five years. A tourism project representing miniature monuments in India, a multiproduct SEZ and a resort complex are at different stages of finalization. Bhagyanagar India has shown good Q4 Fy 07 results due to extensive real estate and infrastructure sales. The topline showed a YoY growth of 66.7 per cent and a QoQ growth of 90.02 per cent. The company showed operating margins of 62.97 per cent as against 20 â€" 25 per cent in the previous quarters. Consequently the net profit jumped to Rs 487.86 mn, showing a YoY growth of 442.19 per cent and a QoQ growth of 609.31per cent in Q4 FY07. On a consolidated basis, BIL showed a YoY growth of 35.96 per cent in the net sales in FY2007. The bottom line showed a YoY growth of nearly 170 percent. The real estate and infrastructure division showed an impressive YoY growth of 452.68 per cent in its topline in FY2007. As the real estate and infrastructure division accounting for over 58 per cent of the company’s top line in Q4 FY07, it will remain the key area of focus. On a consolidated level, the division contributed 28 percent to the topline and nearly 76 per cent to the PBIT of the company in FY2007. The company is also keen on selling some of its unused land bank for which it is getting handsome price and subsequently investing the amount in development projects. Estimated EPS for 2007 -8 year was 8/- (Annualised).Company Proposed EPS for 2008-09 is 15/-


Karvy has recommending heavily for this stock.& other brokerages also acquiring this stock.Lot of Accumulating is going on last 3 days. All of above good news current price (40/-) is very very cheep.

See BHAGYANAGAR INIDA EQUITY Valuation per Share : 75/- Land Value per share + 65/- original value as per financial results (Consider 8 EPS annulised and 8 PE) = 140/-. Based on this validation only Bhagyanagar India Ltd has allotted 40,00,000 Equity Share Warrants at a price of Rs 90/- per share warrant convertible into Equity Shares on a Preferential Basis to M/s. Consolidated Securities Ltd.


Market is down that why now its available 40/-. Any time it will reach 95/-
So Total Value of this company Share value was Rs.140/-. Just Imagine company share price where to going in this year…

Enter current price at 40/-/- Target 65/-, 95/- , 140/- .
Just invest and get 50 to 200% profit within 2months time. Happy Investing... I will mail Next week with one more Recommedation.

Bye

BIGBULLS

4/5/08

Buy BHEL

Bharat Electronics

Cluster: Apple Green

Recommendation: Buy

Price target: Rs1,610

Current market price: Rs1,179
Price target revised to Rs1,610

Key highlights
Bharat Electronics Ltd (BEL) announced its provisional results for FY2008. The company reported gross sales of Rs4,114 crore and profit before tax (PBT) of Rs1,109 crore during FY2008. The company's gross sales increased marginally by 4.1% and the PBT grew by 5.2% over FY2007. As a result in line with our expectations, BEL has missed its sales target of Rs4,725 crore as per the performance Memorandum of Understanding (MoU) signed with the Ministry of Defence.

The implied Q4 results appear to be quite robust with growth of around 32% and 39.3% in the net sales and the PBT respectively. The implied Q4 sales and PBT are at Rs2,296.8 crore and Rs720.2 crore respectively. The company reported 18.6% decline in the net sales during the first nine months ended December 2007, which acted as a dampener to the company's overall financial performance.

The company's pending order book stood at Rs9,450 crore as on April 1, 2008, up from Rs9,130 crore at the beginning of FY2008. The low growth in the order book was due to lower order inflows of Rs4,434 crore in FY2008 versus Rs6,460 crore in FY2007.

The turnover per employee for 2007-08 was Rs33.26 lakh as against the last year's figure of Rs31.99 lakh, while the value added per employee for 2007-08 was Rs15.5 lakh as against last year's figure of Rs14.5 lakh.

The company's healthy performance during the last quarter represents a strong operating profit margin (OPM) of 30.2% (derived backwards from the PBT numbers keeping our forecasts for other income, interest, and depreciation unchanged), which helped enhance the yearly OPM to 23.8% as against our estimates of 20.9% for 2008. At the current market price of Rs1,179 the stock trades at 12.5x FY2008E and 10.6x FY2009E earnings estimates. On an adjusted earnings (adjusted for cash) basis, the company trades at 8.2x FY2008E and 5.8x FY2009E, which offers strong downside support to the stock. Consequently, we are revising our recommendation on the stock to Buy with a revised price target of Rs1,610 (8x 2009E adjusted PER).

Please Accept these 2 Free Reports on Gold & Silver

Dear IDE Reader,

If you will spare just two minutes of your time, I’d like to send you two reports – absolutely free – that can help you protect your wealth and make a fortune in the ongoing gold and silver bull market.

All I need from you is a little information. Here at Investor’s Daily Edge, we are always striving to improve our publication... to provide money-making recommendations on a consistent basis and to give our readers up-to-the-minute commentary about the stories that matter most.

But to offer you the greatest value, it helps to know more about you and what your interests are when it comes to finance and investing. So, I’ve put together a very simple survey that I hope you will fill out.

It should only take two or three minutes of your time, but the information will help us a great deal. Please take a moment now to answer a few simple questions.

When you have completed the survey, you will be directed to a page where you can download (with no obligation, whatsoever) two reports written by two of our top analysts, Andrew Gordon and Dr. Russell McDougal.

Gold and silver are in the midst of one of the greatest bull markets we’re likely to see in our lifetime. And despite the fact that the metals have recently hit new highs, there is still a long, long way to go to the upside.

You don’t want to miss the information in these reports on protecting your wealth and making a fortune in the precious metals bull market mega-trend. Here’s just an overview...

  • Better than Money: Everything You Need to Do NOW to Profit from Gold’s Big Bull Run Learn why gold will remain in a bull market for years to come and why holding gold is an absolute necessity for financial protection. Discover the best ways to own gold directly (bullion, coins and rare coins) and the best ways to leverage the upward trend with stocks and closed-end funds. You’ll also learn more about the China and India “X factor” and what will happen when the citizens of these countries REALLY begin to put their growing wealth into metals.
  • The Ultimate Way to Invest in the Silver Bull MarketMany, many personal fortunes will be made as the silver bull market plays out in the years ahead. And in this report, longtime silver bull, Dr. Russell McDougal shares his insight on the future of the white metal, including: how to safely leverage rising silver prices, how to know when it’s time to exit the silver market, and four indicators to watch that will tell you when the bull market is getting long in the tooth.

Both of these valuable reports are yours to keep, for simply taking two minutes to fill out this simple survey. The information you provide will help us offer a much better publication... and the information you’ll get in these two reports should put some major money in your pocket in the years ahead.

Thank you in advance for your time. And as always, thank you for reading Investor’s Daily Edge... it is a pleasure and an honor to serve you.

Respectfully,

MaryEllen Tribby
Publisher
Investor’s Daily Edge

To unsubscribe, Click here

To change your email address, Click here

To cancel or for any other subscription issues, write us at:

Investor's Daily Edge
245 NE 4th Ave, Suite 201
Delray Beach, Fl 33483
Phone: (866) 681-4759

Copyright © 2008 by Fourth Avenue Financial. All rights reserved. The Fourth Avenue Financial unites the stock-picking talents of several analysts and editors. Each of the services is based on individual trading/investment philosophies or vehicles and specific investment approaches.

Fourth Avenue Financials Investor s Daily Edge is intended specifically for mature investors with a strong sense of individual responsibility who want to arbitrage different viewpoints to optimize their personal investment strategy. We reserve the right to remove readers we believe do not meet these criteria from our distribution list without prior notice.

You are welcome to distribute this message, at your discretion, to others who you believe share the values of the Fourth Avenue Financial.

NOTE TO OUR READERS: Fourth Avenue Financial or Early To Rise does not act as an investment advisor or advocate the purchase or sale of any security or investment. Investments recommended in this publication should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company in question.

Fourth Avenue Financial expressly forbids its writers from having a financial interest in any security that they recommend to their readers. Furthermore, all other employees and agents of Fourth Avenue Financial and its affiliate companies must wait 24 hours before following an initial recommendation published on the Internet, or 72 hours after a printed publication is mailed.

Email: feedback@investorsdailyedge.com phone 866-681-4759

We respect your privacy. You can view our privacy policy here.
© Copyright Early to Rise, LLC., 2008

4/4/08

Buy Balaji Telefilms

Balaji Telefilms

Cluster: Emerging Star

Recommendation: Buy

Price target: Rs355

Current market price: Rs198

Price target revised to Rs355



Balaji Telefilms Ltd (BTL) and Star entered a 49:51 joint venture (JV) in April 2007 (with BTL having a 49% stake) to launch regional entertainment channels in Telugu, Kannada, Malayalam, Bengali, Marathi and Gujarati. Star transferred its Tamil channel Star Vijay to the JV. Forward integration in regional broadcasting arena (especially south Indian language channels) with a world-class broadcaster like Star (with BTL's expertise in content) promised immense value creation potential for BTL and acted as a trigger for the stock. However the broadcast venture has been considerably delayed, as the first of these channels in Telugu that was to go on air by September 2007 and to be followed by the launch of at least four other regional language channels over a period of time are still to operationalise. The management has cited procedural issues to get the required approvals as the reason for the delay. In the absence of clarity on the timeline for the launch of these channels, the worst-case scenario would be that the JV might be called off. Considering this, we have conservatively revised our estimates and price target for the stock.

US recession will not impact India adversely


India's not in a cyclical upturn, but has the ability to show high single-digit growth rates for a long time -Martin Feldstein, Professor Of Economics At Harvard University, WHEN Martin Feldstein, George F Baker Professor of Economics at Harvard University, declared recently that the United States has already slipped into a deep recession that could be the most serious since World War II, it shocked many observers. Especially, since Mr Feldstein also heads the National Bureau of Economic Research, an organisation that is the official arbiter of when recessions begin in the country.

But Mr Feldstein says that the impact of a possible slowdown in the US will be very limited on
countries like India and China. The expert on global business cycles also feels that India is not
just in a cyclical upturn, but has the ability to show high single-digit growth rates for very long
periods of time. Excerpts from the interview with the noted economist, who was once tipped to
succeed Alan Greenspan as the Federal Reserve governor.

What are the lessons from the housing-related credit crisis that has struck the global economy?
Rather than the low interest rates, it's the price we are paying for not being careful. (Mr Feldsteinhad earlier said that in the past instances of recessions it was the Fed policy at work unlike this time.) Everybody from borrowers, lenders, rating agencies and supervisors at banks thought that housing prices would go up forever, and hence, nobody bothered. Securitisation and derivative products only made it worse since it was impossible for house owners to negotiate, as there is nobody on the other side. After going up more than 60% from 2000 to 2006, they have only gone down 15% since this credit crisis appeared. The only danger is that if more defaults happen, prices could fall faster than the speed at which they went up.

What will be the impact of the slowdown in the US on emerging markets like India and China?
This question will have to be answered under three heads. On the trade side, a slowdown will
reduce our (the US) imports with countries that we trade with. At most, a percentage point from
the growth rates may be shaved off. In the currency market, the dollar will continue to decline on a global basis although it will be hard to say how much the dollar will decline against individual
currencies. But again, I think it will not have a substantial adverse effect on India. What is
important is what happens through financial markets and equity markets. On one hand, people
may be very nervous and stop risky instruments, as emerging markets are risky and take money home and buy bonds. Alternatively, they may want to have some money in equities outside the US because of the recession. India could benefit from such investors.

How will dollar's slide affect global economy and trade?

We have to distinguish between trade effects and asset effects for the central banks. Although
India has a trade deficit, other economies like China, Korea, Japan, Europe, the Middle East and
Russia have strong surpluses. So, they are in a better position to withstand the effect of increased competitiveness in the US.

On the central banks side, those that don't fix their exchange rates to the dollar take a loss to the
extent that the dollar is coming down and their currencies are appreciating. But the big question is what they are going to do about it, if their currencies continue to appreciate.

Your comments on perception of sovereign wealth funds and private equity funds with regulators.

The principal concern in the US is that what a sovereign wealth fund (SWF) buys could end up
giving it political power. Decision could then be influenced by political considerations rather than
commercial, especially with respect to China and Russia since they are not fully independent.
However, others like Singapore and Norway are simply looking for higher returns. But the rule
book has to be common, hence the trouble. Unlike the Europeans, however, the US is very open
to foreign investments from commercial investors.

As for India, it is a country with too many rules of foreign ownership that need to be relaxed,
and hence, it would be a pity if this discussion about SWF and private equity funds leads to
further tightening in the regulations. As for influence of private equity funds in financial markets,
a prolonged credit crisis will definitely affect it in the long term. PEs are highly-leveraged players
who would suffer if no credit is available.

What are the constraints before the Indian economy?
I am very optimistic about India's future despite its problems of low agriculture productivity,
electricity and labour reform (so many small industries actually give China the advantage). But
every year, when I go from Delhi to Neemrana Fort Palace in Rajasthan (he has been coming
every year for NBER-NCAER conferences), I find the roads are getting better and I reach faster.
Just that I am disappointed when I come to Mumbai with all its traffic.

Telecom, BHEL (result 4QFY08), Cement, Steel, Inside India - Ports, Result Calendar

Telecom (On spectrum, start-ups and active sharing – the government is indeed busy): We review the prospects for new licencees including international companies looking to enter the telecom sector and developments on active infrastructure sharing regulations and 3G. Our key conclusions are that while the grant of numerous new licences can give the illusion of a significant increase in competitive intensity, the business case for entrants does not look promising. We retain our BUY recommendations on Bharti, RCOM and Idea. We are sceptical of the ability of new competitors to seriously threaten the incumbents, though international companies may enter the fray through greenfield efforts and acquisitions.

BHEL (Disappointing 4QFY08, BUY): The key disappointment in BHEL's 4QFY08 results is the tepid 4.7% YoY growth in revenues. We await management's clarification on this, but it looks like the shortfall may have been due to delays in stabilisation of the expanded production capacity or supply-chain bottlenecks. Net margins have declined 190bps YoY and EBITDA margins have potentially declined by 250bps YoY. One positive aspect of the results is that order inflows, at Rs502.7bn for FY08, were above our estimates of Rs484.5bn, providing strong visibility for our revenue and earnings estimates for FY09-10ii. The key issue remains execution, as this quarter's results highlight.

Cement Sector (Inflation pressures): We see turbulent times ahead for the cement sector over the next 6-12 months, with the increase in utilisation rates of new capacities restricting pricing power, and rising costs dragging down profitability. Nevertheless, we remain positive on cement companies with large capacity expansion plans and cost reduction initiatives, which we believe would allow these companies to tide over these issues and register positive growth. We recommend BUY on Grasim, Madras Cements, Shree Cements, UltraTech Cement and India Cements. Inside, we also present a snapshot of our March 2008 result expectations.

Steel Sector: Stand-off with government over: Indian steelmakers have decided to cut prices, in keeping with the government's wishes. They have agreed to cut prices of long (negative for SAIL and Tata Steel) and galvanised products while leaving those of flat products untouched. The price cuts announced are unlikely to have a significant impact on steel companies' earnings. However, if inflation remains high, further government intervention cannot be ruled out. This would keep steelmakers' earnings multiples under pressure until inflation subsides. We prefer Tata Steel over JSW Steel, given the former's higher international exposure and attractive valuation. We maintain Sell on SAIL.

Inside India – Ports (Vast, under-utilised coastline): We recently published our new research product, Inside India, which comprises a series of maps exploring a variety of the country's aspects. Today, we showcase a map depicting India's ports. India has a long but highly under-utilised coastline. This should change in the years ahead, as the government has chalked out an aggressive programme that will double the country's port capacity over the next five years.

Corporate Front Page
-
BSNLqqqqqqqqqSteel producers, including Tata Steel and Rashtriya Ispat Nigam Limited agree to cut prices by Rs2,000/MT on long products. (BS)
- Reliance Industries submits Rs300bn proposal to government for setting up two semiconductor units. (FE)
- Cummins India to invest Rs2bn in current fiscal to expand capacities for producing automotive and industrial engines. (BS)
- Reliance Industries on the look out to buy global oil terminals. (DNA)
- Jet Airways to sell 5-10% stake through a private placement. (FE)
- Videocon's telecom arm is in talks with Deutsche Telekom, Orascom and AT&T to form a Joint Venture. (ET)
- Cairn India may foray into city gas distribution in collaboration with GAIL. (BL)
- Apollo Hospitals plans to increase capacity to 10,000 beds in the next two years; to invest Rs3.8bn. (BS)
- Aditya Birla group cement sales increase 2.8% in March to 3m tons. (BL)
- GSPC may raise US$1.5bn via IPO to fund its KG gas basin plan. (ET)
- Tata Motors gets Thailand government approval to manufacture 'eco cars' at an investment of Rs10bn. (Mint)
- BHEL plans to supply 1,000 railway locomotives for Dedicated Freight Corridor project in partnership with global firms. (Mint)
- Dr Reddy's buys Italian generics firm Jet Generici. (BL)
- Ranbaxy Laboratories announces launch of BONISTA– Teriparadite an injection for treatment of osteoporosis. (FE)
- Adani Power plans to expand capacity by 10,000MW. (DNA)
- M&M decides to set up its own plant in Chennai. (BS)
- Shyam Telelink-Sistema JV get start up spectrum in seven states to rollout CDMA services. (DNA)
- Garware Offshore plans to buy five new vessels over the next one year. (BL)
- NHPC plans an IPO in the second quarter of current fiscal; plans to add 4,000MW capacity by 2012. (BS)
- AV Birla is planning to foray into financial services through a separate holding company. (ET)
- Kingfisher-Deccan has been asked by aviation ministry to prune its international flight list. (TOI)

Economy Front Page
- Index of six core infrastructure industries grew by 8.7% in February against 7.6% a year ago. (BS)
- Insurance regulator IRDA allows insurance companies to lend shares to foreign and domestic institutions. (Mint)
- Steel companies are likely to cut prices to spare curbs on current export commitment of the company. (FE)
- Government may ban futures trading on food items like edible oil and potato to lower inflation. (FE)
- Reserve Bank of India hikes cap on overseas investments by mutual fund to US$7bn.(FE)
- Direct tax collection crosses Rs3trn for 2007-08. (FE)
- SEBI allows direct market access to institutional investors. (FE)
- Petroleum minister seeks zero custom duty on crude oil. (FE)
- Government weighs price cap on key items to curb inflation. (ET)
- MRTPC has ordered an inquiry to probe into any cartelization by GSM players to distort competition.(ET)
- Government surplus with RBI rises to Rs820bn. (ET)

RegardsAniruddha Dange, CFAD: +91 22 6620 6640M: +91 99675-75000

4/3/08

Buy Godavari Power

DearALL,

Now Buy good Fundamental Stocks like GODAVARI POWER & ISPAT LTD at 165/- Quoting BSE, NSE (10/- Face Value).Global Markets is stabilizing. In Indian Equities avialble at good prices. Worst is over. I think FII`s also coming back to Indian Markets to Invest. All Bulls are coming back to Market. Annual Results also coming out in April. Start Buying at low levels Now. Don't panic Sell. Buy good fundamental equities partially daily, You will get 30 to 50% appreciation within 1 to 2 months time. Risk is very very less. My Expactation : 90 % chances Upside only 10% chances Down Side for short term (1 Month).



GODAVARI POWER & ISPAT Ltd, Trading in BSE & NSE at 165/-- in B Group.This is 10/- FaceValue share trading at 165/-. Yearly high 400/- in January 2008 (Before marjet Crash), its come down to 155/- recent low. Now trading at 165/-. Daily grabbing with Mumbai BIG BIG Bulls because of Now stock is available at very very cheep price at 165/- EPS 40+ expecting for 2007 - 2008 Annual finalcial, with PE 4 only. Narmally in worst condition also PE will at 8 for Power and Ferro Alloys. But Now PE is only 4.If you have already this equities buy some more make average. This is company is doing very very good. Slowly grab this stock. Fundamental is very very good. Global cues and Market worst is over. Don't Sell if you have Godavari Power & Ispat equities. Stay Invest and wait up to 250/- minimum.



GODAVARI POWER & ISPAT Ltd at 165/- (Annual EPS is 40+ Expecting) PE only 4. Normally take Power companies High companies PE was 40, Medium companies PE was 15. If we take medium companies PE 15 It will come 600/-. Now markets are week. So If we take PE 6 It will touch 250/- minimum before Annaul Financila Results declaring (One months time). Book Value also good. Good fundamental. Very Very less risk at present rate. Only 10% chances downside, 90% chances Upside for 1 to 2 months time. SO hurry Buy at current level at 165/-. GODAVARI POWER & ISPAT Ltd Equity was 24 Crores. Company Annonced good results last Three quarters (21 Crore, 21 Crores & 24 Crores, Forth Quarter results also coming good with 28 Crores Net Profit. , the company expects to achieve a PAT of Rs 96 Crores for FY08 So Annual EPS is coming 40/- + Promoters Share Holding 64%, Forign Holding 5%, Financial Institutions 11%, CorporateBodies 6%, Public only 14%.HDFC Children Gifts - Investment Plan - Growth --- 3.37% ABN AMRO Future Leaders Fund - Growth --- 2.45% ABN AMRO Future Leaders Fund - Growth --- 2.45%DSP ML Micro-Cap Fund - Growth --- 1.83%The business model of Godavari Power & Ispat Ltd (GPIL) is on strong footing and is on way strong growth path. It is carving great value creation and hiddenvalue shall unfold with the passage of time to investor\\`s delight.This is a jewel stock which value investors must keep onaccumulating on decline. The more declines more buy shall be thebest investment strategy. Just look into recent announcements thatthe company has made which shall result into mind blowing wealthcreation:


The Company has allotted 10,00,000 warrants convertible into equityto M/s.Hira Industries Limited (Promoter group) at a price ofRs.324/- per warrant which will be converted into one equity shareof Rs. 10/- each fully paid at a premium of Rs 314/- per share.During the current meltdown, this stock is available in the marketat throwaway mouth watering price of Rs.165 per share which meansinvestors are getting stock at 70% discount from promoter\\`s price.
India success story is here to stay for next decade and shall bemost favored economy of the world and stocks like GPIL shall go longway in wealth creation and shall deliver mind blowing returns to theinvestors and shareholders. By buying this stock, investors shallcry with happiness:

EXPECT Q4 EARNINGS TO DISAPPOINT: RELIGARE SEC

EXPECT Q4 EARNINGS TO DISAPPOINT: RELIGARE SEC
Sangeeta Purushottam of Religare Securities has a view that a fair amount of uncertainty still prevails in the market though immediate rallies cannot be ruled out. Speaking to CNBC-TV18, she adds that overall market is likely to be rangebound and inflation numbers are weighing on sentiments. She further says that Q4 earnings are going to disappoint as it is likely to see impact of slowdown in last 6 months.

Excerpts from the exclusive interview with Sangeeta Purushottam: Q: Do you sense a complete lack of confidence right now in the market?

A: There is obviously a fair amount of uncertainty because we are seeing news flow which is been fairly mixed. So this phase of the market is likely to be what we will see for the next few months. I don’t rule out intermediate rallies happening in between a thousand points plus or minus but essentially the market is going to remain pretty much range bound till we have a sense overall that equities have become an asset class to be backed into. So it’s going to take a while for the whole thing to start to pan out.

Q: What do you think is the big problem now, is it just mood or sentiment, lack of liquidity or is it the macro news flow which is worsening sentiment spooking investors?

A: It’s a bit of all of these, the sentiment was bad with the fall that we saw over the last couple of months and what’s added to that has been the uncertainty led by the inflation number, so you are not really seeing consistent good news come out and that’s what needs to be happened, the bad news needs to stop and that’s what will help the market find a bottom and then we need to see a certain spate and consistency of good news coming out.

Q: Next week, we are heading into an earning’s season, there is a lot of fear going around that when the numbers tumble out, we will have a lot of disappointments because of the hits taken on derivative losses etc, do you think we will really end up this earning season with some disappointment?

A: That’s likely because if we just look at a little bit of what happened in the last earnings season, it showed results which were either in line or were a little disappointing and was in the contrast with the previous earnings season where the results are either in line or a little bit better. This quarter will also show some of the impact of the slowdown that we have been seeing over the last 6 months, so you could see some surprises on the operational front and how much of a surprise if a derivative side really throws up for companies is something we will have to actually wait and see.

I don’t really see this earnings season as something which is going to lead to a reversal in the trend for the markets. It’s possible that posts the season, is when we may actually start to bottom out because by that time hopefully there should be some stability in the global news flow also.

Q: What’s going on withBHEL, a blue chip stock, since a last couple of days has lost about 12%-13%, any thing specifically wrong with the earnings expectations there, the way its coming down?

A: It is hard to say as they did have a poor 3rd quarter, so there is some expectation building up on that the fourth quarter may not necessarily be that great, the other factor could be the possible impact that the salary increases could have on companies so I think we will just really need to wait and see.

Q: How are you reading the situation for steel companies, the market has given it a bit of a thumbs down already, do you think its an over reaction or a justified concern in steel prices?
A: Given what we saw happened with the cement sector over the last year, the concern is illegitimate and we have seen that particularly at least in the case of PSUs, the government’s been pretty strong allowing prices to rise. So in the current environment, it is a legitimate concern and the other issue is commodities is one asset class which is actually been holding on and in the wake of a slowdown in growth overall that we are likely to see, it could just be a matter of time before we start to see a correction there so this could be maybe something which just starts off and then we start to see some kind of a correction happening in the commodity space as we go along.

Your Ad Here