Author Archives 
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PVR
Screen additions/movie pipeline to drive exhibition business: Management has guided for a robust 2Q/3QFY2011 for the exhibition business, aided by strong movie pipeline (both domestic and Hollywood), and substantial screen additions (PVR has added 28 screens and ~7,500 seats over the last six months). Management expects a pipeline of almost 14-15 3D English movies (most of them being sequels) to be released over the next 18-24 months, and contributing ~27-28% to top-line…
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ISPAT INDUSTRIES: Ispat’s share being 76mn tonnes.
Joint venture with Stemcor to set up a coke oven plant: Ispat has entered into a JV (Amba River Coke) with Stemcor for setting up a 1mn tonne coke oven plant at a cost of Rs1,124cr. Ispat holds 26% equity stake & the balance is held by Stemcor. The project will be funded through debt-equity ratio of 2:1 and is yet to achieve the financial closure. Ispat’s equity contribution will be Rs100cr (Rs50cr will be through land and infrastructure support and balance Rs50cr through cash infusion). Once commissioned, the plant will cater to 100% coke requirement of the company…
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NSE Bulk Deals – India Equity Market 21st Sept, 2010
Bulk deal is a stock trading where stock quantities buy or sell by an investor is more then 0.5% of total number of equity shares of the company listed at India stock exchanges.
In year 2004 SEBI bring more transparency to the bulk deals by making is compulsory for stock exchanges to publish intraday bulk deals at the end of the trading day.
Below are current bulk deals at National Stock Exchange of India (NSE):
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Bulk Deals in BSE 21st Sept, 2010
Members are required to make a disclosure on a daily basis up to 5.00 p.m. through DUS (Data Upload software), with respect to all transaction in a scrip for a client where the total quantity bought/sold is more than 0.5% of the number of equity shares of the company listed at BSE…
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NSE Bulk Deals – India Equity Market 20th Sept, 2010
Bulk deal is a stock trading where stock quantities buy or sell by an investor is more then 0.5% of total number of equity shares of the company listed at India stock exchanges.
In year 2004 SEBI bring more transparency to the bulk deals by making is compulsory for stock exchanges to publish intraday bulk deals at the end of the trading day.
Below are current bulk deals at National Stock Exchange of India (NSE):
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Bulk Deals in BSE 20th Sept, 2010
Members are required to make a disclosure on a daily basis up to 5.00 p.m. through DUS (Data Upload software), with respect to all transaction in a scrip for a client where the total quantity bought/sold is more than 0.5% of the number of equity shares of the company listed at BSE…
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SPECIAL ECONOMIC ANALYSIS: India and China: New Tigers of Asia
In our second report comparing India and China in 2006 (India and China: New Tigers of Asia, Part II dated May 29, 2006), we made a call that India had the potential to catch up with China in terms of GDP growth rates. That time has come, in our view. We believe that, over the next two years, India should start matching China’s GDP growth of around 8.5-9.5%, barring another global financial crisis. More importantly, we think that, by 2013-15, India will start outpacing China’s GDP growth notably. Morgan Stanley’s Chief Economist for China, Qing Wang, believes that China’s growth will move towards a more sustainable rate of 8% by 2015, following the remarkable 10% average over the past 30 years…
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INDIA STRATEGY: Identifying emerging winners for 2015
Are leaders born or made? It is clear that in the context of a dynamic, rapidly evolving stockmarket like India, both can be true. Some have indeed been born out of favourable social and regulatory changes, but most have been made from anticipating major themes and evolving strategies to take them well ahead of their peers. This report selects an Indian XI for 2015 – a set of 11 stocks that will become market or sector leaders in the next five years. Some will leap from being small/mid caps today to large caps. India is a true ‘emerging’ market and comparisons with developed economies like the USA, as well as some in Asia, underscore the contrasts in evolution…
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Why SOE Banks Remain Top Picks Among Asian Banks
Despite their run-up, we think Indian SOE banks still offer significant upside potential: When we look at historical multiples, SOE bank stocks are trading at close to all-time highs. However, in our view, that may not necessarily be the right metric for this group. Historically, they were growing at a much slower pace than system and underlying profitability (ex bonds) was very thin. However, things have changed. SOE banks have changed meaningfully over the last 4-5 years: The market share loss (in loans, deposits and fee income) has abated…
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NSE Bulk Deals – India Equity Market 17th Sept, 2010
Bulk deal is a stock trading where stock quantities buy or sell by an investor is more then 0.5% of total number of equity shares of the company listed at India stock exchanges.
In year 2004 SEBI bring more transparency to the bulk deals by making is compulsory for stock exchanges to publish intraday bulk deals at the end of the trading day.
Below are current bulk deals at National Stock Exchange of India (NSE):
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Bulk Deals in BSE 17th Sept, 2010
Members are required to make a disclosure on a daily basis up to 5.00 p.m. through DUS (Data Upload software), with respect to all transaction in a scrip for a client where the total quantity bought/sold is more than 0.5% of the number of equity shares of the company listed at BSE…
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RELIANCE INDUSTRIES LIMITED: Time for a relook, we see 24% upside from current levels
RIL has underperformed the Sensex by 19% since April of this year, which the steepest underperformance in the stock over the last six years. The under performance has been driven by i) KG D6 production stalling at ~60 mmscmd, ii) uncertainty around refining and petrochemical margins and iii) RIL’s foray into telecom and hotels. We believe however, that the bad news around the stock has been more than priced in and the stock should rally smartly from here, aided particularly by good news on the gas pricing front (overall domestic gas prices rising) and exploration business globally (more shale acquisitions)…
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BILCARE LIMITED (ANAND RATHI)
■ Investment Theme Innovation driven by R&D is key driver for the growth of all the business segments of this company.The major contributor is and will remain the Pharma packaging solutions, which accounts for 85% of sales ■ Company offers comprehensive range of innovative packaging solutions, consisting of – blister films, aluminumfoils, cold formed blisters and wrap systems. ■ Apart form domestic demand, major growth will come from US markets, where shifting from bottles to Blister packaging will boost demand for its products…
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INFRA BEESInfrastructure Benchmark Exchange Traded Scheme
The investment objective of the Scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX Infrastructure Index by investing in the securities in the same proportion as in the Index. However, the performance of Scheme may differ from that of the Underlying Index due to tracking error. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved…
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RELIANCE CAPITAL: Q1 FY 11 result performance
During the quarter ended June 2010 reliance Capital posted a consolidated total Income of Rs 12.6 billion which was down by 13.7% on Y –o- Y basis and down by 26% on Q –o- Q basis. The total income was down due to lower capital gains and reduction in topline of general insurance business. The company posted a net profit of Rs 770 million which is drastically down by 49% on Y –o- Y basis but is up by 19.4% on Q –o- Q basis. The profit was down due to fall in AUM and loss in insurance business…
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MARKET REVIEW 13th Sept, 2010
It was a blowout rally on the dalal street as benchmark indices surged more than 2% in today’s trade, registering highest percentage gain after 26th May 2010. Bank stocks gained across Asia after global regulator announced new capital rules that weren’t as harsh as expected. A stronger than expected 13.9% rise in August industrial production reported by China over the weekend and our own 13.8% July IIP growth reported on Friday also boosted the sentiment. Sensex gained 409 points to close at 19208 while Nifty finished at 5760, up 120 points. European markets were trading higher by more than a percent while US stock indices futures were up about 1.5%…